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Gre4nikov [31]
2 years ago
13

Zeta, Inc., a calendar year taxpayer, suffers a casualty loss of $45,000. Zeta recovered insurance of $30,000. How much of the c

asualty loss will be a tax deduction to Zeta, Inc.
Business
1 answer:
mezya [45]2 years ago
3 0

Answer:

$15,000

Explanation:

Calculation to determine How much of the casualty loss will be a tax deduction to Zeta, Inc.

Using this formula

Casualty loss tax deduction=Casualty loss-Insurance recovered

Let plug in the formula

Casualty loss tax deduction=$45,000-$30,000

Casualty loss tax deduction=$15,000

Therefore the amount of the casualty loss that will be a tax deduction to Zeta, Inc. is $15,000

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balu736 [363]

Answer:

2.3

Explanation:

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D/E = Debt-to-Equity Ratio

1.4 x (1 + 04 / 0.6) = 1.4 x 1.667 = 2.3

8 0
3 years ago
Darwin Inc. sells a particular textbook for $20. Variable expenses are $14 per book. At the current volume of 50,000 books sold
Ksenya-84 [330]

Answer:

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Explanation:

Giving the following information:

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50,000*6= fixed costs

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7 0
3 years ago
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3 0
3 years ago
Which of the following attributes is most typical of a​ service? A. mass production B. production and consumption occur simultan
kenny6666 [7]

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5 0
3 years ago
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liq [111]

To find out how much, on average, her ads cost her per click, Elle could use the cost-per-click (CPC) metric.

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Find out more about digital marketing here:

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2 years ago
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