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3 years ago

10

Which form do independent contractors receive from clients to verify income

2 answers:

Tcecarenko [31]3 years ago

4 0

The answer is B.w-4 hope you get it right

kirill115 [55]3 years ago

3 0

The answer is for this question is B

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On July 1, 2019, Kim Wald sold an antique for $12,000 that she had bought for her personal use in 2017 at a cost of $15,000. In

elena55 [62]

Answer:

A) A nondeductible loss.

Explanation:

Since Kim bought the antique for personal use, then she cannot deduct any loss resulting form its sale.

In order to determine if the sale of an antique can generate a deductible loss, the most important factor is the use that the owner gave to the antique. E.g., if the owner bought the antique in order to sell it and generate a profit, but wasn't able to, then the loss resulting from a sale is deductible.

7 0

3 years ago

Calculate the interest and total amount due at the end of the loan for both simple and compound interest. Loan YearsRate(a)$1,00

Crank

Solution :

a). Interest for the simple interest $= 1000 \times 5 \times 2$

= $ 100

Amount due for the simple interest = $ 1000 + $ 100

= $ 1100

Amount due for the compound interest $= 1000 \times (1.05)^2$

= $ 1102.50

Interest for the compound interest = $ 1102.50 - $ 1000

= $ 102.50

b). Interest for the simple interest $= 1500 \times 6 \times 5$

= $ 450

Amount due for the simple interest = $ 1500 + $ 450

= $ 1950

Amount due for the compound interest $= 1500 \times (1.06)^5$

= $ 2007.34

Interest for the compound interest = $ 2007.34 - $ 1500

= $ 507.34

c). Interest for the simple interest $= 1000 \times 10 \times 10$

= $ 100000

Amount due for the simple interest = $ 10000 + $ 10000

= $ 20000

Amount due for the compound interest $= 10000 \times (1.10)^{10}$

= $ 25937.42

Interest for the compound interest = $ 25937.42 - $ 10000

= $ 15937.42

d). Interest for the simple interest $= 25000 \times 15 \times 15$

= $ 56,2500

Amount due for the simple interest = $ 25000 + $ 56,250

= $ 81,250

Amount due for the compound interest $= 25000 \times (1.15)^{15}$

= $ 203,426.54

Interest for the compound interest = $ 203,426.54 - $ 25,000

= $ 178,426.54

e). Interest for the simple interest $= 47,750 \times 20 \times 20$

= $ 191,000

Amount due for the simple interest = $ 47,750 + $ 191,000

= $ 238,750

Amount due for the compound interest $= 47,750 \times (1.20)^{20}$

= $ 1,830,620.40

Interest for the compound interest = $ 1,830,620.40 - $ 47,750

= $ 1,782,870.40

6 0

2 years ago

Jane has been working with some buyers for several weeks. She thinks they are really interested in one particular property, but

dimaraw [331]

Answer:

c. "What do you think would be a fair price?"

Explanation:

Asking the buyer about how much he is willing to pay or values the property is good response to that comment

5 0

3 years ago

In regression analysis, unexplained variation refers to the variation of:

maria [59]

Various count method

3 0

3 years ago

What does a positive profit indicate? What does a negative profit indicate? Explain what each means to the business and the cons

Irina-Kira [14]

Maybe 23 I’m not au w

8 0

3 years ago