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pickupchik [31]
3 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]3 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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Consider firms that introduce new​ products, such as DVDs in 2001. When firms introduce new​ products, how do they typically det
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D. estimate price elasticity of demand by experimenting with different prices.

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issues new bonds to fund an acquisition. The face value of the bond is $100 and annual coupon is 6.5%. Further, this bond mature
grandymaker [24]

Answer:

KJ Pharma Corporation

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= 4.55%.

Explanation:

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2 years ago
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