Answer:
a)$27,000
b)$32,000
c)$130,000
Explanation:
a) In case of business inventory donation,the charitable contribution deduction will be lesser of:
i) Basic × 2 = (24,000×2)= 48,000
ii) Basic +(FMV-Basic)× 50% = (24,000) +(30,000 -24,000)×50%= $27,000
It is standardized.No further explanation require
b)Since intangible property gets the FMV(Fair Market Value).Stock is considered capital gain or investment property,Therefore value at FMV.
It is standardized, no further explanation required.
c)since it is a capital gain or investment property.Therefore value at FMV,
It is standardized no further explanation required
Quantity demanded is the amount of a good demanded by a consumer and on the other hand the quantity supplied is the good supplied by the supplier.
Explanation:
Qs = Qd
5P - 10 = 50 - 5P
5P + 5P = 50 + 10
10P = 60
P = 60/10
P = 6
So the equilibrium price (P) is 6
Now substitute the equilibrium price P = 6 in either the Qs or Qd function to get the equilibrium quantity. (The answer should be the same regardless of which equation you use.)
Qd = 50 - 5P
Qd = 50 - 5(6)
Qd = 50 - 30
Qd = 20
So the equilibrium quantity (Q) is 20.
With the increase in the demand of the good, the price of the good will also increase because the supply of the good will not change, so increasing price of the good.
Answer:
E
Explanation:
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments
In an expansion, progressive tax increases the tax paid and this reduces disposable income
In a contraction, tax paid is reduced and this increases disposable income
Automatic stabilizers contrasts with discretionary fiscal policies.
Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.
Discretionary fiscal policies can either be expansionary or contractionary
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes
The answer is going to be C, because the owner was more friendly with her customers, which made them want to come back.
Political conservatism: we are, yes, quite scared of changes. It's one of the perks of a socialist government. However recently the government as well as businesses have tried changing in order to catch up with trends in the world, although we are nowhere near the level of developed countries yet.
Belief systems: there was a post a few days back on this subreddit asking about the major religion in Vietnam, you should check that out. Generally business people are very superstitious, examples can be made from my personal experience but that would require more time to write so again inbox me!
Foreigners: we are, honestly, racist. Although there are non-racist people, mostly those of the younger generation who are more liberal and have had more exposure to different races (students who studied abroad for example) (such as me, I am studying in New York currently). But in general, racist, towards people of color in specific. White people are not that rare of a sight anymore and people are gradually accepting them.
Gift-giving: well, it's not a culture that we are proud of but an implicated understanding between people haha. Generally a gift is a must if you are visiting business people at their house, but if you're seeing them in a restaurant then it depends. However if you are meeting government officials who can make your life as a business person easier then yeah. Don't get me wrong I am not proud of saying this, corruption is one of the problems we have.
Timeliness: we're late. Most of the time. And not fashionably late either. Punctuality is not our thing. And not the 5-minute late that you mentioned either, it varies from 10-30 minutes. But there are rare cases of punctual individuals, of course.