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nevsk [136]
2 years ago
11

Roger is considering making a $6,000 investment in a venture that its promoter promises will generate immediate tax benefits for

him. Roger, who does not anticipate itemizing his deductions, is subject to a 30% marginal income tax bracket. If the investment is of a type that produces a tax credit of 40% of the amount of the expenditure, by how much will Roger's tax liability decline because of the investment
Business
1 answer:
Andreyy892 years ago
6 0
600$ because 6000$ - 10% =600
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If you are a project manager and have the choice of forming your core team either before or after charter approval, which would
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First i would wait that my letter be approved and the i would choose my work team
4 0
3 years ago
How are the layers of the atmosphere and the hydrosphere different?
bogdanovich [222]

Answer:

The “sphere” in lithosphere, atmosphere, and hydrosphere means envelop. The atmosphere, therefore, consists of gases that envelop the Earth. The hydrosphere defines the water that covers 71% of the Earth's surface. The lithosphere refers to the rocks of the Earth's surface and upper mantle, or the depth of the plates.

Explanation:

4 0
3 years ago
Julia is preparing the balance sheet for her company. building and land are the only two assets classified as property, plant, a
Ghella [55]
Land and equipment are considered as fixed assets. As such, Julia should enter the two in long term fixed assets column and list their current values.

Short term assets
Long term fixed assets
Gross value of building
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Over time though, she should carry out valuation to have  a true picture of how the land has appreciated in value.

8 0
2 years ago
Jim has a full-time job and occasionally designs Web sites for individuals and businesses. At the end of the year, Jim files his
andre [41]

A) Yes, because the government requires individuals to report income earned from an employer and other sources.

His side gig was the equivalent of self contracting. He would definitely have to report of he made over $400.
6 0
3 years ago
When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living. True
MariettaO [177]

Answer:

True

Explanation:

Consumer price index measures the changes in price level of a basket of goods.

If consumer price index falls if means price level has fallen , goods become cheaper and the same amount of money can buy more quantities of goods and services.

Conversely if consumer price index rises, price level has increased, goods and services become more expensive and more amount of money would be needed to maintain the same level of consumption.

CPI is calculated as cost of basket of goods in a given year / cost of basket of goods in a base year

I hope my answer helps you

7 0
3 years ago
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