Answer:
A) $80,000
Explanation:
According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains
So, 20% qualified business income = $400,000 × 20% = $80,000
And, the 20% of taxable income = $500,000 × 20% = $100,000
So, the lower value would be $80,000
Answer:
Revenue recognition principle.
Explanation:
The revenue recognition principle states that revenue is recognized in the accounting period in which the performance obligation is satisfied. The cash-basis of accounting is in accordance with generally accepted accounting principles.
Answer:
Condition of Deadlock
Explanation:
Deadlock is a condition or a situation which occurs or happens when there are multiple locks waiting to happen in such a way or a manner that none of the users could perform any work.
Therefore, the deadlock condition happens or occurs when 2 or more transactions are waiting for each other to unlock the data.
For example, The first and the second user, both of them lock some data, them each of them trying to access the each other data which is locked. So, both of them waiting for each other to unlock, this situation is deadlock.
A monopoly firm's use of a tariff provides it with additional protection because the tariff reduces competition from imports by raising the import price.
Option C
<u>Explanation:</u>
A monopoly business is a price-maker, even through the amount, it generate it can control the market rate. When selling less and it can sell far less and can sell more and sell just because the price drops. when making less because it can sell more.
This is due to the fact that the tariff basically transfers the profits out of the international monopolist to the national government.
The monopolist's revenues are limited to an amount provided by the Horizontal stripe when the tax is introduced. Therefore, the tariff increases the total domestic social security as it reduces the profits of the foreign company.
Answer:
C) $5,000
Explanation:
Since the price of the stocks first rose to $50, the account's equity was $50,000.
The SMA balance was = ($50,000 x 1/2) - $20,000 = $,5000
The SMA balance acts like a stabilizer and cannot be taken away even if the price of the stocks fall slightly. The price of stocks must fall 25% in order for the SMA to be withdrawn.
The investor's equity decreased = equity - margin requirement = $39,000 - $20,000 = $19,000, but the amount that the investor can borrow (SMA balance) will remain the same at $5,000.
