Answer:
The market-to-book ratio is: $2.96
Explanation:
The market-to-book ratio compares the market value of an organization with its book value. The formula to calculate market-to-book ratio is equal to the market price per share divided by the book value per share. So,
Market-to-book ratio= $36.08/$12.19
Market-to-book ratio = $2.96
Answer: a)
Explanation: All the others are deductible, whilst excise taxes are only deductible as a business expense.
The answer to this question is 14.24 ; higher
Currently, the industry standard for this kinda thing is 9.0. This indicated that most of the sales that the play made during the period mostly paid in the form of debt. (usually caused by customers buying the ticket of the play by using their credit cards)
The simplified method of computing home office expenses limits the number of home office expenses allowed to a fixed amount regardless of the amount of business income or the size of the home office.
<h3>How do you calculate home office deductions?</h3>
A business owner can calculate the home office deduction in two ways: regular and simplified. The regular method would require you to use Form 8829 to calculate your deduction, which would include figures for the area of your home and the total hours it was used for business purposes, your business income, and other business expenses.
If you itemize deductions and use the simplified method for a taxable year, you can deduct home expenses that would otherwise be deductible as itemized deductions on Form 1040 or 1040-SR, Schedule A, without reducing these expenses by the amounts allocable to the simplified method.
Learn more about home office deductions here:
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Resources is referred to as the available asset that can be used for
further purposes may it be for business or consumption. This is what
determines the balance between the production and consumption for
without these, production would not be possible and if nothing is
produced, nothing would also be consumed. Resources come in different
forms and each has its own availability. Answer for this would be C.