As a result of the flooding as many as 10000 families ........... homless

In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex

Bingel [31]

Answer:

Sunk cost will be = $70

Explanation:

Sunk Cost refers to the cost for which the amount has been already spent, and cannot be recovered. These are generally incurred and then not regarded for decision making as irrespective of decision being viable or not this cost cannot be avoided.

In the given instance, Damon Rutton Purchased the ticket of $70

This is the only cost which has already been incurred, else other costs of parking and food will only be incurred if he visits the game of Sarasota Shippers.

When he spend some time with his wife sunk cost will be = $70

8 0

3 years ago

On January 15, 2021, Concord Company received a two-month, 6%, $8300 note from William Pentel for the settlement of his open acc

olganol [36]

$10500.

What is credit and debit?

Events known as business transactions have a financial influence on an organization's financial statements. We enter the figures in two accounts, with the debit column on the left and the credit column on the right, to account for these transactions.

<u>Debit</u>

An accounting debit is an addition to an asset or cost account or a subtraction from a liability or equity account. In an accounting entry, it is placed to the left.

<u>Credit</u>

A credit is an accounting item that either raises or lowers an asset or cost account. It can also increase or decrease a liability or equity account. In an accounting entry, it is placed to the right.

Learn more about credit and debit with the help of given link:-

brainly.com/question/27917616

#SPJ4

4 0

2 years ago

The marketing plan has three main components: the executive summary, the keys to success, and the implementation plan.

CaHeK987 [17]

Answer:

true

Explanation:

based on my opinion

7 0

3 years ago

Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo:

Butoxors [25]

Answer:

Part(A):

Total expenses in connection with condo:

= 2000 + 6500 + 2000 + 1400 + 2500 + 14500

= $28,900

Assuming Alexa receives $20,000 inn gross rental receipts, she will incur losses = 20000 -28,900 = (8,900)

As Alexa's AGI from all sources other than the rental property($200,000) is higher than $150,000, she will not be able to deduct any amount of loss against her active income.

Therefore the loss is not deductible and rental activity has no effect on her AGI.

Part(B):

Assuming that Alexa’s AGI from other sources is $90,000.

Since her AGI is less $100,000, she will be able to deduct loss of $8,900

Therefore, rental activity loss will reduce Alexa's AGI to = 90,000 - 8.900 = 81,100

The rental activity loss will reduce her AGI by $8,900 and her AGI would be 81,100.

5 0

3 years ago

A common defense known as _______ arises when a consumer knows that a defect exists but still proceeds unreasonably to make use

melomori [17]

Answer:

The correct answer is: Assumption of the risk.

Explanation:

If the risk inherent in a particular action that caused an injury is knowingly and voluntarily assumed, you cannot sue anyone to recover the damages. Suppose, for example, a situation in which he went to a friend's house and was warned about the use of the back door because the floor cover was seriously damaged and would not support a person's weight on it. If you have decided to ignore the warning and use the back door, the doctrine of risk taking will probably prevent the recovery of injuries sustained by a fall on that floor. The court will decide that you "assumed the risk" of such injury.

4 0

3 years ago

As a result of the flooding as many as 10000 families ........... homless​

As a result of the flooding as many as 10000 families ........... homless