Answer:
$800
Explanation:
The amount of student loan interest can Zach and his spouse deduct in 2018:
Education expenses:
= Incurred expenses - Scholarship
= $10,000 - $2,000
= $8,000
⇒ 
= 80%
Interest incurred:
= Federal loan interest + Lending loan interest
= $700 + $300
= $1,000
Therefore, the amount of student loan interest can Zach and his spouse deduct in 2018 is = Interest incurred × Education expenses percent
= $1,000 × 80%
= $800
Explanation:
am not sure but i can go for B
Answer:
e) Increase the required rate of return used to evaluate the project to reflect the higher risk of the project
Explanation:
As per the basic concept of investment, "higher the risk, higher the return".
Thus, an investor assumes a higher risk only in the scenario wherein the expected return would be commensurate with such risk. Investor would only invest in a risky asset when the return derived can compensate him for the excess risk assumed.
Required rate of return is an investors expectation of return from a project also referred to as the cost of capital.
So for the purpose of evaluating the project, the investor should use a higher required rate of return to signify higher risk which would reveal the true viability of the project.
Answer:
The revenue for the month of December would be $25,500.
Explanation:
As per the revenue recognition principle, the revenue is recorded as and when the services are rendered or goods are delivered to the customer.
Cash collected for services provided in November: This won't be recorded as revenue in December as the services were rendered in the month of November. Therefore, it belongs to the month of November and not December.
Provided services on account $24,500 (collected $14,000 only): This would be considered as the revenue earned in the month of December.
Received $2,000 on December 1 and services provided evenly in December and January: The services will be provided evenly in both the months. So, the amount will be recorded as service revenue evenly in both the months. Thus, $1,000 would be recorded as revenue for December and remaining $1,00 as revenue for January.
Therefore, the revenue for December would be = $24,500 + $1,000 = $25,500.
Answer:
See below
Explanation:
1. Entrepreneurs Add to National Income
Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.
2. Entrepreneurs Create Social Change
Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.
3. Community Development
Through Corporate social responsibility programs, entrepreneurs play a significant role in community development. Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.
