There are advantages to a movie studio operating in southern California
due to cheap labor and land and numerous scenery.
California is a state in which movie producers prefer operating in as a result
of cheap labor and land which helps to cut the cost needed for producing a
movie.
California also has a lot of scenery such as rivers, mountains etc which
makes the movies more appealing and is also where Hollywood is located
which is where most movie production and promotion takes place.
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Answer:
$3250
Explanation:
Given that
Purchase price = 42000
Salvage value = 3000
Useful life = 3 years
Recall that using straight line method
Depreciation value per year = (purchase price - salvage value) ÷ useful life
Thus,
= 42000 - 3000 ÷ 3
= 39000 ÷ 3
= $13000.
By December 31, 2019, only 3 month of usage has gone
Thus, value of depreciation by Dec 31
= 3/12 × 13000
= 0.25 × 13000
= $3250
Depreciation value recorded by year end is $3250
The insurance coverage in a variable life insurance policy may vary based on the value of the invest subaccounts.
In a variable life insurance policy, the underlying cash value will increase or decrease depending on market conditions. The advantage of this approach is that the owner of the policy has a very good chance of making investment gains if they hold the contract for longer than a decade. The risk for the owner of the policy is that there is no guarantee in the stock market.
Answer: $7,000
Explanation:
Interest deduction is allowed by the IRS if the loan was taken to improve the home. However, for married couples, only loans below the $750,000 limit can have their interest deducted.
The Sanchezes have paid off $500,000 of the principal of their previous loan so we will assume that was enough to get this new loan under the $750,000 limit.
Allowable interest deduction will therefore be:
= 100,000 * 7%
= $7,000
Answer:
The correct answer is Franchisor, franchise.
Explanation:
The franchisor: Charges marketing rights so that the franchisor company can use its brand, trade name and the design of the franchisee's establishment. In most cases, these elements cannot be modified to maintain the same quality levels of the franchisor. In addition, know-how, business experience and technical and commercial assistance are also provided during the term of the agreement.
The franchisee: Is the owner of the business and who makes the necessary investments to start it up. Thus, you pay a fee to the franchisor to use your brand. Such a subscription is like a "right of entry" into the business. Even, periodic amounts may be established in the contract according to sales volume and / or technical and commercial assistance. In addition, the franchisee has the exclusive franchise regime with respect to a certain geographical area and a type of products.