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pickupchik [31]
2 years ago
6

Damien paid $41,000 for a new car. A few weeks later, he received a $2,000 cash rebate from the manufacturer. Damien later claim

ed and received a $3,750 federal tax credit for purchasing and owning the vehicle. Damien's basis in the car is:
Business
1 answer:
sweet [91]2 years ago
5 0

Answer:

$35,300

Explanation:

Cash paid = $41,000

Cash rebate received = $2,000

Federal tax received = $3,700

Damian's basis of car = Cash paid - (Cash rebate received + Federal tax received)

Damian's basis of car = $41000 - ($2000 + $3700)

Damian's basis of car = $41000 - $5,700

Damian's basis of car = $35,300

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c. lower the risk of supply disruption

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This way, the supply chain never gets disrupted.

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Explanation:

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2 years ago
Identify and explainthe benefits and problems associated with high economic growth
frozen [14]

Answer:

Kindly check explanation

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Infrastructural development : The development of infrastructure and standard society will be on the horizon as the economy grows. There is enough capital to embark on infrastructural development which will serve the populees

Other benefits include ; Trade and investment opportunities ; Increase in foreign direct investment and employment level will increase.

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A company has many underutilized compute resources on-premises. which aws cloud feature will help resolve this issue?
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<h3>What is Hooke's law of elasticity?</h3>

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