Answer:
$6,800
Explanation:
Calculation for How much of a tax deduction will Kaye be able to deduct (assume 10% floor for deduction)
Tax deduction=$11,600-(10%*$48,000)
Tax deduction=$11,600-$4,800
Tax deduction=$6,800
Therefore the amount of tax deduction that Kaye will be able to deduct (assume 10% floor for deduction) is $6,800
Answer:
Explanation:
It differs from those adopted by taxi companies because platform business most times embrace a monopoly approach because they take over the market. Platform business have strong network effect and multihoming cost and they don't have a taste for service, therefore there is the consideration of strong Internet based network which connects drivers to customers which is a competitive advantage. There is the e-payment platform. The organization does not mange drivers or seek patronage since they do not bearing homing cost. Their only aim is to create a connection between drivers and their customers.
Answer:
The retained earnings should Quartz report at December 31, 2018 is $570,000
Explanation:
In this question, we apply the retained earnings equation which is shown below:
Ending retained earnings balance = Beginning retained earning balance + net income - dividend paid
= $390,000 + $220,000 - $40,000
= $570,000
The net income should be added while dividend should be deducted for finding out the ending retained earnings balance
The sales revenue will be recorded in the comprehensive Income after net of sales return.
The account receivables shows the credit sales made and the amount not recovered till yet from the customers.
Hence sales will come at top of profit and loss.
Sales return will come in noted to the financial statements in sales note.
And account receivables will be shown in balance sheet as current asset.
Answer:
Ford Fusion, Toyota Corolla and BMW i3
Explanation:
Fuel economy and fuel efficiency is one of the most important thing to consider when buying a car.
In United States, nearly 8 thousand gallons of petroleum are consumed by cars everyday. This cost a lot to the people's purse and most importantly it costs the atmosphere.
When we burn or use more fuel, the atmosphere gets more polluted by the exhaust of the fuel burning, and the world oil supply is depleting faster. This results in the rise of gasoline price. Thus, it is very necessary to plan before buying cars.
I would consider the cars Ford Fusion, Toyota Corolla and the BMW i3 while planning to buy a car because they are the most fuel efficient cars available in the U.S. They are also equipped with latest technology like cruise control which reduces the fuel consumption of the car.
The 2020 Ford fusion is a 6 speed automatic front wheel drive which gives the best driving experience and less energy wastage.
