<u>Solution and Explanation:</u>
The following is used in order to calculate the internal rate of return
year Cash flow
0 -$152000
1 $71800
2 $86900
3 -$11200
Internal rate of return -2.07 percent ( the internal rate of return has been calculated by using the excel sheet)
The IRR rule cannot be applied in this case. Since, the cash flow direction changes twice, there are two internal rate of return. Thus, the Internal rate of return cannot be used to determine acceptance or the rejection.
(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.
The amount deductible by Robert for year 2021 against the meal and entertainment expenses will be 50% that is $420 from the total expense amount of $840.
<h3>What is business deductions?</h3>
The business deductions are the amounts those are allowed to be deducted while filling the income tax. There is certain criteria to deduct different expenses.
As per the IRS regulation, when the tax payer is self-employed then the amount that can be deducted against meal and entertainment can be 50% of the total expense.
Therefore, Robert can deduct only $420 from the taxable income.
Learn more about business deductions, here:
brainly.com/question/13870330
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Answer:
The balance of Work in Process as of April 30 is $3,470.
Explanation:
Work in Process
Apr. 1 Balance 6,600
Apr 30 Direct materials 51,600
Apr 30 Direct labor 190,900
Apr 30 Factory overhead 57,270
Apr. 30 Goods finished = Opening Balance + Direct Material + Direct labor + Factory overheads - Goods Finished during the April
Apr. 30 Goods finished = 6,600 + 51,600 + 190,900 + 57,270 -302,900 = 3,470
Finished Goods
Apr. 1 Balance 16,000
Apr 30 Goods finished 302,900
<span>After thorough
researching, a trade deficit is determined by measuring the difference between
a nation’s inflation rate and its unemployment rate. The correct
answer to the following given statement or question above is with the letter E
which is the inflation rate and unemployment rate.</span>
