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3 years ago

Select the correct answer.

Business

1 answer:

atroni [7]3 years ago

7 0

Answer:

D. to claim qualified expenses such as deductions or credits

Explanation:

To find - What is the purpose of a 1098 tax form?

Solution -

The correct option is - D. to claim qualified expenses such as deductions or credits

Reason -

Form 1098 T tuition statement is an american IRS tax form filed bu eligible educational institutions(or those filing on the institutional's behalf)

To report payments received and payments due from the paying students.

The institution has to report a form for every student that is currently enrolled and paying qualifying tuition and related expense.

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You are considering the following two mutually exclusive projects. The crossover point is _____ and Project _____ should be acce

Romashka [77]

Answer:

13.28%; B

Explanation:

Project A Project B Differential

Year 0 -$21,000 Year 0 -$21,000 0

Year 1 $7,000 Year 1 $15,000 -$8,000

Year 2 $7,000 Year 2 $5,000 $2,000

Year 3 $15,000 Year 3 $7,000 $8,000

the discount rate = 14%, the NPV is:

NPV project A = -21,000 + 7,000/1.14 + 7,000/1.14² + 15,000/1.14³ = $651

NPV project B = -21,000 + 15,000/1.14 + 5,000/1.14² + 7,000/1.14³ = $730

if the discount rate is 14%, project B should be accepted (higher NPV)

the crossover rate is the discount rate where both NPVs are equal.

we must find the IRR using an excel spreadsheet and the IRR function:

=IRR (0,-8000,2000,8000) = 13.28%

3 0

3 years ago

According to Levitt, which of the following statements is true? A. Technology drives the world toward a converging commonalty B.

trapecia [35]

Answer:

the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.

Explanation:

Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".

One of the main forces he identified was technology.

It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.

It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.

8 0

3 years ago

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i

Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time = $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = $\frac{738}{500}$

$1 = NZ $1.476

current exchange rate is $1 = NZ $1.476

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = $\frac{5000}{1.476}$

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0

3 years ago

Portfolio Returns i. stock has mean of 8% and stdev of 20%; ii bond has mean of 6% and stdev of 15%; iii correlation b/w stock a

ale4655 [162]

Answer:

Portfolio Mean = 7.2%

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

Explanation:

The mean return of a portfolio consisting of two securities can be calculated by multiplying the weight of each security in the portfolio by the mean return of that security and adding the products for each security. The formula for two asset or security portfolio return (mean) can be written as follows,

Portfolio Mean = wA * rA + wB * rB

Where,

w represents the weight of each security
r represents the mean return of each security

Portfolio Mean = 60% * 8% + 40% * 6%

Portfolio Mean = 7.2%

The standard deviation is a measure of the total risk. The standard deviation of a portfolio consisting of two securities can be calculated using the attached formula.

Portfolio Stdev = √(0.6)² (0.2)² + (0.4)² (0.15)² + 2(0.6) (0.4) (-0.3) (0.2) (0.15)

Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%

4 0

3 years ago

What is the main difference between probing questions and solution-oriented questions?

dangina [55]

The main difference between probing questions and solution-oriented questions is: Probing questions uncover root causes, while solution-oriented questions focus on what should be done.

<h3>What is probing questions and solution-oriented questions?</h3>

Probing questions can be defined as the question that help to open up the root causes of an event.

While on the other hand solution-oriented questions can be defined as the question that is centre on what should be done or how to find solution to the outcome of the causes.

Therefore Probing questions uncover root causes, while solution-oriented questions focus on what should be done.

Learn more about probing questions and solution-oriented questions here:brainly.com/question/27417583

#SPJ1

7 0

2 years ago