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2 years ago

Tom to a job at a grocery store during his summer break. At the end of the summer,

Business

2 answers:

Nonamiya [84]2 years ago

8 0

Answer:

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

Aleksandr [31]2 years ago

4 0

Answer:

the answer is

if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year

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In the current year, Norris, an individual, has $52,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,800 and

Tanya [424]

Answer:

The answer is an offset against normal income of $3,000 and a NSTCL move forward of $3,900.

Explanation:

Solution

Given that:

The net short term capital loss=$9800

The net Long term capital gain=$2900

The net short term capital loss is =$6900

Thus

In this case, 3000 is allowed to be set off against ordinary income and the balance of (6900 - 3000) = 3900 can be moved forward or over.

Therefore Norris report implies that an offset against normal income of $3,000 and a NSTCL carry forward of $3,900.

3 0

3 years ago

Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform

grin007 [14]

Answer:

a.The simple ranking method.

Explanation:

From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.

4 0

3 years ago

Albert purchased a tract of land for $140,000 in 2016 when he heard that a new highway was going to be constructed through the p

Darina [25.2K]

Answer and Explanation:

Albert cannot claim any loss during 2019.

The sale of the property is necessary to claim the loss of depreciation on any type of movable or immovable property. In the following case, Albert is not selling his property due to which he cannot claim any loss, hence Albert's current year's loss claim will be zero.

8 0

3 years ago

When the price of a good is $5, the quantity demanded is 120 units per month; when the price is $7, the quantity demanded is 100

Gre4nikov [31]

Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price

% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%

price elasticity = 18.1818/33.3333 = 0.55

Note that the price elasticity is usually taken as an absolute value.

6 0

3 years ago

Gardening supplies are hot now, but they haven't always been. Why is this true of other businesses, too?

9966 [12]

i think your answer is B

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5 0

3 years ago