Answer:
Option (C) $178
Explanation:
Data provided in the question:
Startup expense incurred by the business = $9,000
Now,
The start-up costs and organizational expenses are deducted over a time period of 180 months
also,
$5,000 can be deducted in the first year by the startup expense.
Therefore,
Amortization amount reported as a "other expense" on Schedule C per month
= [ Startup expense - $5,000 ] ÷ 180
= [ $9,000 - $5,000 ] ÷180 = $22.22
for the year = $22.22 × Number of months left in the year from May
= $22.22 × 8
= 177.78 ≈ $178
Hence,
Option (C) $178
The inside address of a cover letter belongs to the person you are writing to.
Answer:
I believe this saying refers to how we need challenges in our lives so that we can experience failure and learn from it.
Answer:
d. fewer study guides being sold
Explanation:
If there is an increase in the price of textbooks, it is fair to assume that demand for textbooks will fall and, thus, textbooks sales will also fall. When goods are complements, a decrease in demand for a certain good means that its complements will also experience a similar decrease in demand. Since textbooks and study guides are complements, the sales of study guides will also fall.
Therefore, the answer is d. fewer study guides being sold
