Answer:
Money and Farm Equipment are examples of Capital.
Capital is a Factor of production which is basically the current assets, equipment and money in hand....This depends on the type of capital being referred to....It could be Working, Physical, or Fixed Capital.....
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FunTime has no liability, because Nelson is not a full-time employee
Explanation:
Liability — any duty legally binding. The requirement to pay a cash compensation in the form of insurance for accidents or damages caused by reckless or illegal actions of the person.
Liability is determined by who is accountable for a traffic accident and thus responsible for the damages (perjudications) incurred by the people affected by the collision. Responsibility for a car accident can be determined by various means, including police reports, testimonies, scene proof, vehicle damage, and traffic violation proof.
Answer: The answer is C credit for other dependents
Explanation:
This is a reduction in tax liability given by the government to the tax payers for each of their children who still depends on the parent for some kind of support. The reduction in the tax liability given to parents include a sum of $500 for each of the children who still depend on their parents. This form of tax credit is given to children who is between the ages of 17- 23 years like in the case of Milo who is 17 years and unmarried. The chiidren who will enjoy this reduction in tax liability must be a students like in the case of Milo who is a full - time student working towards a degree in computer information system.
The tax credit criteria for qualification also include that the tax payers must be the one responsible for half of the dependent support, in addition, the dependent income must be low like in the case of Milo above whose income was $3,800 in wages and $400 of dividend income. This tax reduction can also be given to tax payers in respect of parents or grand parents who still depends on the tax payers for support. To also qualify for the tax reduction the dependent in question must be a United States citizens and must have a valid social security numbers like in the case of Milo above and Aurora the parent who are both U.S citizens and also they possess a valid social security numbers
Answer:
The answer is letter A.
Explanation:
The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.
Answer:
B. to reflect usage of services on a fair and equitable basis
Explanation:
Base on the scenario been described in the question, all of the following except to reflect usage of services on a fair and equitable basis is not an objectives for computing full cost . This is because if we at the other options like to reflect production's "fair share" of costs , to instill a consideration of support costs, to provide for cost recovery, they all give objective for computing full cost.