Answer:
a) The effect the rental activity has on Adelene's AGI is $0.
b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.
Explanation:
a)
particulars amount amount
rental income $5,000
property taxes $3,800
mortgage interest $7,500
utilities $3,700
insurance $2,500
repairs $2,100
depreciation $15,000
total deduction $34,600
AGI $0
Therefore, The effect the rental activity has on Adelene's AGI is $0.
b)
particulars amount
Real property taxes $3,800
mortgage interest $7,500
utilities $3,700
insurance $2,500
repairs $2,100
depreciation $15,000
total expenses $34,600
Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.
B.windshields
the other will all cause some sort of contamination
Answer:
The profit margin here is $3
Explanation:
The profit margin is calculated by
Profit Margin = Sales - Cost of Sales
And
Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.
So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.
By putting values we have:
Profit Margin = $8 per unit - $5 per unit = $3 per unit
Current Liabilities for Companies. Accounts payable - This is money owed to suppliers. Accrued expenses - These are monies due to a third party but not yet payable; for example, wages payable.
Answer:
B. Strategic business Unit
Explanation:
Strategic Business Unit
It is a fully functional unit of a business that has it's own vision and direction. Also called SBU, it is a division (autonomous) of a big corporation that operates as an independent enterprise with responsibilities focused on a particular range of products and services. It is an independently managed unit of a large company, having its own vision, mission and objectives, manager, supervisor whose planning is done separately from other businesses of the company, and also has competitors different from the ones attached to the big corporation itself.