Answer:
Maximum business interest deduction that George will be eligible to claim this year will be $525,300
Explanation:
Maximum business interest deduction is 30% of Adjusted Taxable income (ATI)
Adjusted Taxable income (ATI) = 1260000+240500+250500= $1,751,000
Maximum business interest deduction = 1751000*30%= $525300
Answer:
0.403ft/day
Explanation:
Area = 250 miles = 250 × 5280^2= 6.9696e9 ft
Rise per sec = (Flow in - Flow out)/Area of lake = (40,000 - 7,500)/(6.9696e9) = 4.663e-6ft/s
Therefore in 24 hours = 4.663e-6 × 3600 × 24 = 0.403ft/day
Answer:
Effect on income= -$22,000 decrease
Explanation:
Giving the following information:
Contribution margin $30,000
Fixed expenses ($40,000)
Net operating loss ($10,000)
<u>If a product line provides a positive contribution margin, generally it is convenient to continue production, at least in the short term.</u>
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Effect on income= avoidable fixed costs - contribution margin
Effect on income= 8,000 - 30,000
Effect on income= -$22,000 decrease
Answer: The correct answer is d). Can help you find just the right word for a given situation.
Explanation: A computer thesaurus is a software tool on a computer that suggest words that are similar in meaning (synonyms) based on a given command.
A thesaurus unlike a dictionary that gives meaning of words, suggests choice words based on each given entry.
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