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inn [45]
3 years ago
10

Which ride hailing driver may take the standard mileage rate

Business
1 answer:
Ahat [919]3 years ago
8 0

Answer:

Ride hailing driver may take the standard mileage rate is explained below in detailed answer.

Explanation:

Standard mileage rates are not possible for:

1.Fleet industry operating more than 4 carriers together

2.If carriers are employed as industry articles

3.on carriers on which devaluation is claimed

Standard mileage rate is possible for the leased carrier in a situation that the standard rate is utilized for the entire life of the lease.

The standard rate may be possible to:

Danica has a three-year contract on her 2017 Honda Civic rendered she demands a standard rate for the whole lease life of the vehicle

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A manufacturer reports the following information below for its first three years in operation.
Usimov [2.4K]

Answer:

e. $111,000

Explanation:

Absorption costing income for year 3 = Income under variable costing - {Beginning inventory (units) * Fixed manufacturing overhead per unit} + {Ending inventory (units) * Fixed manufacturing overhead per unit}

Absorption costing income for year 3  = 115,000 - (500*8) + (0*8)

= 115,000 - 4,000 + 0

= $111,000

4 0
3 years ago
Avery Co. has $1.1 million of debt, $1 million of preferred stock, and $2.2 million of common equity. What would be its weight o
Vladimir79 [104]

Answer:

0.26

Explanation:

Given that :

Value of debt = $1.1 million

Value of preferred stock = $1 million

Value of common equity = $2.2 million

Total value of company's funds :

(value of debt + value of Preffered stock + value of common equity)

(1.1 + 1 + 2.2) million

= $4.3 million

Hence, weight of debt :

Value of debt / total value of company's funds

$1.1 million / $4.3 million

= 0.2558

= 0.26

7 0
3 years ago
A competitive firm maximizes profit at an output level of 500 units, market price is $15.00, and ATC is $15.75. At what range of
KIM [24]

Answer:

AVC < $15.00

Explanation:

A firm will continue to produce as long as total revenue covers total variable costs or price per unit > or equal to average variable cost (AR = AVC).

8 0
3 years ago
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist__
miss Akunina [59]

Answer:

raises;larger;decrease;always.

Explanation:

Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.

A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;

- Single seller.

- Profit maximizer.

- Price maker.

- High barriers to entry for others.

- Price discrimination.

- No close substitutes or competition.

3 0
3 years ago
1. What types of interest groups are the ADA and the ACU? Why do you categorize them that way?
ArbitrLikvidat [17]
1.  The ADA is an American political organization advocating progressive policies. An“independent liberal lobbying organization.” The ACU is a “grassroots conservative lobbying <span>organization.”

</span>3.  ADA stands up for social and economic justice. They achieve success in doing so through <span>lobbying, grassroots organizing, research and supporting progressive candidates.

Numbers 1 and 2 are the questions I can only manage to answer, you can do a bit of research for the rest of the items.

I hope my answer has come to your help. Have a nice day ahead and may God bless you always!
</span>
8 0
3 years ago
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