Answer:
The answer is: Stewie can't report any taxable income and Brian can report a $1,000 loss.
Explanation:
Since Stewie is doing the activity as a hobby, he can't report a loss on it. It's like someone who likes to play basketball on weekends with his friends, he can not report the cost of a pair of sneakers and a ball as a loss.
Brian on the other hand runs a business and actually lost money doing it, so he can deduct his losses form his gross income.
Answer:
The approximate expected appreciation rate on home equity (EAHE) is 40%
Explanation:
Loan to Value ratio is a term which determine the value of loan as compared to value of house. It is used to issue the loan amount on a property. The amount within the available limit is issued as a loan on the building.
Expected Appreciation rate = Area appreciation / Home Equity ratio
Expected Appreciation rate = Area appreciation / ( 100% - Loan to value ratio)
Expected Appreciation rate = 4% / ( 100% - 90% )
Expected Appreciation rate = 4% / 10%
Expected Appreciation rate = 40%
Answer:
The answer is yes, it will function as a medium of exchange.
Explanation:
Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged
In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.
Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.
Answer:
This kind of malware attack is known as ransomware.
Explanation:
-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.
-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.
-Ransomware attacks can be prevented by using advanced antivirus.
