Answer:
The overview of the given statement is described in the explanation segment below.
Explanation:
<u>Monopoly Market:
</u>
-
The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
- Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).
<u>Perfectly Competitive Market:
</u>
- The price shall be calculated whenever market forces are equivalent.
- The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.
Thus,
⇒ 
Hence,
⇒ 
He would also receive a shares in the cooperative corporation as he received a proprietary lease for his unit.
<h3>What is a proprietary lease?</h3>
This refers to an occupancy agreement that gives the shareholder in a housing cooperative the right to occupy a particular dwelling unit.
Hence, in the context, Evan would also receive a shares in the cooperative corporation as he received a proprietary lease for his unit.
Read more about proprietary lease
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Answer:
1. July 21
2. $42,945
Explanation:
April 22 Start leaves 8 days left, and following the months would be like this:
8(April) + 31(May) + 30(June) + 31(July) = 100 days
Now because we only need 90 days in the period, we subtract the last 10 days off of July 31
31(July) - 10 days (July) = July 21
Maturity value = face amount (42,000) + interest (42,000 x 0.09 x 90 / 360)
42,000 + 945 = $42,945
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
