Answer:
B
Explanation:
Diversification reduces portfolio risk by eliminating unsystematic risk for which investors are not rewarded. Investors are rewarded for taking market risk. Because diversification averages the returns of the assets within the portfolio, it attenuates the potential highs and lows
Answer and Explanation:
The computation of the depreciation expense using straight line method is shown below:
Formula to be used:
= (Purchase cost - salvage value) ÷ (estimated service life)
For 2021
= ($35,000 - $5,000) ÷ (10 years)
= $3,000
For 4 months, it would be
= $3,000 × 4 months ÷ 12 months
= $1,000
And, for the year 2021, it would be the same i.e. $3,000
Answer:
$1,839.45
Explanation:
PV = P * [1-(1+r)^-n / r]
n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)
295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}
295,000 = P * $160.3739
P = $295,000 / $160.3739
P = $1,839.45
So, the monthly mortgage payments is $1,839.45.
92.35% of $74,000 is the business income.
<h3>What is the formula for self-employment tax?</h3>
- 92.35% of your net self-employment income is typically subject to self-employment tax. By deducting regular and required trade or business expenses from the gross income you received from your trade or business, you can determine net earnings.
- You must disclose your net income to Social Security and the Internal Revenue Service if you are self-employed (IRS). Your net earnings for Social Security purposes are your trade or business's gross earnings less all permitted business expenses and depreciation.
- By deducting regular and required trade or business expenses from the gross income you received from your trade or business, you can determine net earnings.
To learn more about self-employment tax refer to:
brainly.com/question/28443750
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