Answer:
Dealer "B" at $5,595.00
Explanation:
Comparison of cost charges for dealer A and dealer B will have to include the one-year maintenance offered by dealer B.
The cost for dealer A will be
maintenance for one year= $75 x 12= $900
cost of the car= $4,995.00.
total cost for dealer A
= $4,995.00 + $900
=$5,895
The cost from dealer B is $5,595.
Dealer B has the better deal as they are cheaper by $300
( $5,895- $5,595)
Answer:
all these are included in the gross income
Explanation:
given data
damages = $36,250
emotional distress = $10,100
punitive damages = $58,200
to find out
What amount must Paul include in his gross income
solution
we know according to the tax laws that specify only payment on account of (1) physical injury and (2) physical sickness is non taxable
so here taxpayers receive
they are not associate with the physical injury so all these mentioned are not covered in physical damages
so we can say that all these are included in the gross income
Answer:
The correct answer is option d.
Explanation:
When there is an increase in the price level, the purchasing power of money decreases. People will need more amount of money to purchase the same level of goods. This will reduce the real value of wealth.
When the purchasing power decreases and people need more amount of money to purchase the same level of goods, the demand for money will increase. This will cause the interest rate to rise as well.
As the price level increases, domestic goods become relatively expensive. This will cause the export demands to decline. So the demand for domestic currency will also decline. This will further cause the value of currency to depreciate.
Answer:
26,000 units
Explanation:
The computation of the new break even point in units is shown below:
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Fixed cost = $525,000 + $125,000 = $650,000
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $50 - $25
= $25
So, the break even point in units is
= $650,000 ÷ $25
= 26,000 units
