A currency crisis is described as a speculative assault on a currency's foreign exchange value that causes a severe depreciation or compels the government to sell foreign exchange reserves and hike interest rates at home to defend the currency. included in 2013's The Evidence and Impact of Financial Globalization.
How does a monetary crisis unfold?Currency crises have occurred frequently in recent history. These include a sudden and significant devaluation of a country's currency, along with erratic markets and a lack of confidence in the economy. Even though currency crises are frequently abrupt, they can occasionally be predicted.The value of each unit of currency decreases as production falls more quickly than the amount of money available. The most prevalent monetary phenomenon, inflation, is created the other way around when the money supply increases more quickly than output.The term "currency of issue" refers to the currency in which a Series of securities issue terms indicate that the issuer will pay all principal, premium (if any), and/or interest (if any) payments.The dollar's demise is still incredibly unlikely. Only the likelihood of greater inflation seems credible among the elements required to precipitate a collapse.To Learn more About currency crisis refer to:
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fred has heard rumblings from some creditors about forcing friendly foam into bankruptcy before he is ready just so they can get paid more quickly. he asks you whether this is just bluster or an action the creditors can actually take. how should you respond?
Yes, it is true that creditors can file petitions, and these are allowed under bankruptcy chapter. So, what Fred heard is true.
A creditor is an individual or organization that offers other party money to borrow money, often through a loan arrangement or agreement. Creditors are frequently divided into personal and actual categories.
People who lend money to their friends, families, or a business that beneficial for a variety service or supplies to a business or individual but permits a delays and cost overruns may be regarded as private creditors.
Real creditors are bankers or financial businesses with contractual arrangements and loan commitments that grant the lender the power to seize any of the borrower's tangible goods or security if person fails to repay the loan.
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your parents will retire in 29 years. they currently have $380,000 saved, and they think they will need $2,100,000 at retirement. what annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? round your answer to two decimal places.
Time Value of Money (TVM) may be a money theory that holds that cash attained or possessed nowadays is valued over an identical quantity of cash attained or possessed within the future as a result of the interest-earning capability of funds.
This is a future price question wherever we are being asked to unravel the speed of coming back. as a result, we tend to manipulate the long-run price formula to isolate and solve for r.
FV = PV x [1 + (i / n)] (n x t), where
R represents Annual Interest,
FV is the Future Value
PV is the Present value
T represents the number of periods
r= (2100000/380000)1/19- 1
r=0.09414671248
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which financial statement elements (components) are reported in the income statement? multiple choice question. cash flow from operating, investing, and financing activities retained earnings and dividends assets and liabilities revenue and expenses
Financial statement elements that are recorded in income statement are revenues and expenses.
One of the three crucial financial statements used to represent a company's financial performance throughout a certain fiscal period is the income statement. The balance sheet and the statement of cash flows are the other two significant statements.
The revenue, expenditures, gains, and losses suffered by a business over a specific time period are the key themes of the income statement. An income statement, also referred to as the profit and loss (P&L) statement, offers vital information about a company's performance, the effectiveness of its management, underachieving industries, and its performance when compared to peers within the same industry.
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What effect does recording a capital expenditure as repairs and maintenance expense have on the financial statements of the current period?.
It overstates expenses and understates net income.An income statement does not instantly reflect money spent on CAPEX items.
What impact do capital investments have on financial statements?An income statement does not instantly reflect money spent on CAPEX items. Instead, it is considered as an asset on the balance sheet and is written off over a period of years as a depreciation expenditure, starting in the year after the item is purchased.Capex is computed by deducting the current amount from an aggregate of the property, plant, and equipment from the prior period. The depreciation charges for the current period are then increased by the remaining sum. Depreciation is assessed against fixed assets and amortization expenses are included.To learn more about net income refer to:
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what is a form of predictive analytics for marketing campaings that attempts to identify target markets or people who could be convinced to buy products?
A form of predictive analytics for marketing campaigns that attempts to identify target markets or people who could be convinced to buy products is uplift modeling.
What is uplift modeling?Uplift modeling is a causal learning approach for estimating individual treatment effects in an predictive analytics.Using experimental data, end users can calculate the incremental impact of treatments (such as direct marketing) on predictive analytics.Uplift means to lift something upwards or to give someone a mental, spiritual or emotional uplift.Forcing someone to lift their head by tilting their chin up is an example of how you wake up.Uplift modeling is an analytics-based marketing approach that predicts the direct impact of marketer behavior on predictive analytics.Uplift generally divides its target market into his four sectors: Sure Things, Lost Causes, Persuadable and Sleeping Dogs.To learn more about uplift modeling from the given link :
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a manufacturer reports the following costs to produce 15,000 units in its first year of operations: direct materials, $15 per unit, direct labor, $11 per unit, variable overhead, $150,000, and fixed overhead, $210,000. of the 15,000 units produced, 13,700 were sold, and 1,300 remain in inventory at year-end. under variable costing, the value of the inventory is:
The total production cost divided by the quantity of units produced yields the cost per unit under absorption costing. Absorption costing is an inventory valuation, therefore it is a capitalized cost that is recorded on the balance sheet up until the product is sold rather than a regular expense.
Cost is equal to units x (direct materials + direct labor) + variable and fixed overhead, which comes to $3600,000.
The price per unit is $24 (360000/1500).
The value of inventory is determined by multiplying the number of units left in stock by the cost per unit, which comes to 1300*24 = $31200.
According to absorption costs, the inventory is worth $31200.
When producing income tax filings and external financial reporting, GAAP mandates the use of absorption costing. The costs listed below are regarded as period costs under absorption costing and are not included in the cost of a product.
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grandma owns property that she wants to pass on to junior when she dies. she places it in a trust managed by ms. manager. in this scenario, what term best describes ms. manager?
All Trust assets are regarded as being owned legally by a Trustee. The Trustee also has the authority to administer the Trust's assets unilaterally, without the beneficiaries' approval or involvement, as the legal owner of those assets.
Explain about the trustee?In line with the provisions of the trust agreement and your objectives, the trustee's responsibility is to manage and distribute the trust's assets. Trustees are required by law to administer your trust assets and handle daily financial affairs on your behalf. They are also required to do so by fiduciary law.
A Trustee is a person who takes care of the assets kept in a Trust as a custodian. In accordance with the instructions provided, he or she is in charge of overseeing and managing a Trust's financial operations. Frequently, the person who establishes the trust serves as the trustee until their inability to do so or their passing.
Hence, Manager describes as a Trustee.
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the information gap that international investors face is further complicated by the differences in blank conventions, which makes the analysis of cross-border investments opportunities challenging. multiple choice question. accounting exchange rate borrowing segmenting
The information gap that international investors face is further complicated by the differences in exchange rate conventions, which makes the analysis of cross-border investment opportunities challenging.
Contemporary worldwide change fees are decided by using a controlled floating change rate.
A controlled floating change price method that each currency's value is tormented by the economic movements of its government or significant bank.
The change charge is the rate of a rustic's money on the subject of another country's money.
An alternate fee is “constant” when nations use gold or every other agreed-upon popular, and each forex is worth a selected measure of the metallic or other trendy.
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after determining that consumers had concerns about certain ingredients that may cause health issues, patrizzi's pizza began offering a gluten-free pizza product. the creation of this new product was the result of
After noticing the concerns of consumers regarding ingredients that may lead to health issues, patrizzi's pizza started making a gluten-free pizza product. The making of this new product was the result of marketing opportunity.
Elaborate on a marketing opportunity.A qualified sales lead that a sales team evaluates and determines may be in need of a good or service is referred to as a marketing opportunity. Opportunities for marketing are more likely to result in a successfully closed sale and lay the groundwork for generating sales. Marketing opportunities are frequently superior to other kinds of sales leads since the customer has already confirmed that they have the resources to buy your product or solution and that they have a problem for which you offer a solution.
No matter how universally appealing a good or service may be, not everyone will buy it, which is why it's so crucial to spot and seize marketing chances.
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ariable whole life includes all of the following features, except: a cash value that varies based on the market b a fixed, level premium c a guaranteed minimum death benefit d annual renewable term insurance
Variable all inclusive life could be a sort of changeless life protections arrangement. With highlights that incorporate cash esteem, speculation assortment, adaptable premiums and a adaptable passing benefit.
Does variable life have level premium?
Both variable life protections and entirety life protections are shapes of lasting scope. Premiums are level and not one or the other arrangement can be canceled due to changes in your wellbeing. Both sorts of life protections moreover have a passing advantage and collect cash esteem on a tax-deferred premise over time.
A variable life protections approach may be a contract between you and an protections company. It is planning to meet certain protections needs, investment goals, and charge arranging goals. It may be a arrangement that pays a indicated sum to your family or others (your recipients) upon your death.
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jump-it corporation has a margin of safety of $272,000. the company sold 100,000 units this year. if the company sells each unit for $17, the margin of safety percentage is blank . multiple choice question. 6.25% 2.72% 14.3% 16%
Jump-it corporation has a margin of safety of $272,000. the company sold 100,000 units this year. if the company sells each unit for $17, the margin of safety percentage is 16%.
(Justification: Margin of safety equals $272k/(100k x $17) = 16%.)
The notion of margin of safety dictates that an investor only buys securities when their market price is substantially lower than their actual worth. The margin of safety is the differential when a security's market price is much less than your appraisal of its inherent value.
A corporation is a business or group of persons given legal status by the state to do business as a single unit. Non-stock corporations are businesses that aren't authorized to issue stock; as a result, people (or other entities) who have joined the company and are referred to as members are regarded the corporation's proprietors.
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If you were looking to invest in a mutual fund focused on safety and minimal growth, what type of mutual fund would you invest in?.
One of the investing categories with the lowest volatility is money market mutual funds.
What you mean by Mutual funds?An example of a fixed income mutual fund that invests in debt securities is the money market mutual fund, which is distinguished by its investments' short maturities and low credit risk.
One of the investing categories with the lowest volatility is money market mutual funds.
The top low-risk investments for October 2022 are listed below:
certificates of deposit for brief periods.
Money market investments.
Bonds, TIPS, and Treasury Bills.
corporate obligations
stocks that provide dividends.
preferred securities.
a fixed annuity
Bonds with a AAA rating are among the most secure, but they also have the lowest yields. The risks and returns of stocks, on the other hand, are larger. However, by making stock exchange-traded fund investments, you can lower your risk exposure (ETFs).
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What type of enforcement do domestic laws use, such as laws in the united states that prohibit murder or theft?.
The type of enforcement domestic laws uses, such as laws in the united states that prohibit murder or theft is vertical.
Enforcement is the right execution of the method of making sure compliance with laws, regulations, guidelines, standards, and social norms.
The enforcement is aware will nation the reasons for action being taken and specify the stairs which the council requires to be taken that allow you to remedy the breach. There's a right of appeal against an enforcement observation.
Enforcement authority approaches the authority to put into effect any law, ordinance, rule, regulation or decision duly followed and observed with the aid of any jurisdiction where the Authority has control authority or where otherwise legal through regulation or by using agreement, settlement, memorandum of know-how, or request for service.
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larry signs a note payable for $40,000. the principal of the note and interest are due in 2 years, and the note bears interest at 12% compounded annually. what is the total interest that must be repaid at the end of year 2?
Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate multiplied by the number of compound periods multiplied by one.
the total interest that must be repaid at the end of year 2 = $10,176.00
Is compound interest a good thing?Compound interest accelerates the growth of your wealth. It grows a sum of money faster than simple interest because you earn returns on the money you invest as well as returns at the end of each compounding period. This means you won't need to save as much money to achieve your goals!If you're a new investor looking to take advantage of compound interest with as little risk as possible, savings vehicles like CDs and savings accounts are the way to go. CDs are bank-issued instruments that require a minimum deposit and pay interest at regular intervals.Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate multiplied by the number of compound periods multiplied by one. This will give you the total amount of the loan plus compound interest.First, convert R as a percent to r as a decimal
r = R/100
r = 12/100
r = 0.12 rate per year,
Then solve the equation for A
A = P(1 + r/n)^nt
A = 40,000.00(1 + 0.12/1)(1)(2)
A = 40,000.00(1 + 0.12)(2)
A = $50,176.00
P (principal) = $40,000.00
I (interest) = $10,176.00
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Deposits are insured by the federal deposit insurance corporation up to _____________ per depositor.
$250,000 per depositor .
For each account ownership category, the standard insurance amount is $250,000 per depositor, per insured bank.
What is standard insurance amount?While different states require different types of insurance and additional options (such as gap insurance) are available, most basic auto policies include the following: bodily injury liability, personal injury protection, property damage liability, collision, comprehensive, and uninsured/underinsured motorist.The three most important types of insurance are then examined in greater depth: property, liability, and life.Term insurance is the purest and most affordable type of insurance policy that allows you to choose a high life cover for a specific period of time.According to Bankrate's 2022 analysis of average quoted premiums from Quadrant Information Services, the average cost of car insurance is $1,771 per year for full coverage, or about $148 per month. Minimum coverage costs $545 per year on average.
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which of the following is true of ethics and its application to the business environment? conflicts rarely occur between an individual's ethics and a business organization's ethics. employers prefer to hire individuals whose ethics conflict with that of the business organization. personal values have no place in business, where decisions should be made according to organizational values and norms. the ethical norms and values of a business can have a powerful influence on its employees.
The ethical norms and values of a business can have a powerful influence on its employees is true of ethics and its application to the business environment.
Business is the practice of making one's living or earning profits by way of producing or buying and promoting merchandise. it's also "any activity or agency entered into for income."
A commercial enterprise is described as an business enterprise or enterprising entity engaged in business, industrial, or professional activities. companies may be for-earnings entities or non-earnings organizations. Commercial enterprise kinds variety from restricted legal responsibility organizations to sole proprietorships, companies, and partnerships.
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What effect does recording a capital expenditure as repairs and maintenance expense have on the financial statements of the current period?.
When a capital expenditure is treated as a repair and maintenance expense, expenses are overstated while net income is understated.
What is capital expenditure?Capital expenditures (CapEx) are funds spent by a business to acquire, upgrade, and maintain physical assets such as real estate, plants, buildings, technology, or equipment. CapEx is frequently used by businesses to fund new projects or investments.Money spent on purchasing, improving, or extending the useful life of fixed assets in an organization with a useful life of one year or more Property, equipment, and infrastructure are examples of such assets.Capital expenditures, unlike operating expenses, are always recorded as an investment on your balance sheet and will also appear on your cash flow statement under the investing activities section.To learn more about capital expenditure refer to :
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if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost. group startstrue or false
This is true. if damaged, obsolete (out-of-date), or deteriorated goods can be sold, they will be included in inventory at their original cost.
What is an obsolete good?This is the term that is used to refer to the good that is already at the inventory which is known to be at the end of its life cycle. That is the good has not been used for a very long time and it has not been sold either. It may not even be sold in the future.
For a good that is of this nature, it would have to be included at the original cost that it had in the inventory when it was bought at the time.
Hence the answer is true.
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This is true. If broken (or damaged), old, or worn-out goods can still be sold, they will be added to the inventory at their original cost.
What is the term "obsolete good?"This is the term used to describe a product that is already in the inventory but has reached the end of its life cycle. In other words, the item has not been used or sold for an extended period of time. It may not be sold at all in the future.
For a product of this sort, it must be included in the inventory at the original cost it had at the time it was purchased.
Thus, the response is true.
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The abc retail company groups activities around its east coast, west coast, and midwest locations. Which type of departmentalization is the company using?.
The main departmentalization models include those based on function, process, product, market, customer, region, and occasionally matrix (also called project organization).
What kind of departmentalization is most typical?The most prevalent type is departmentalization by function. A functional organization facilitates oversight and makes effective use of specialist resources. It is separated into departments like finance, marketing, or production and is employed particularly in smaller businesses. The organization benefits from functional departmentalization since it integrates expertise and increases production and efficiency. You can anticipate specialized activities and excellent outcomes because all relevant activities are carried out by a group of individuals with similar interests, shared knowledge, and skills in one location. One of the better examples of an organizational structure is the functional structure used by Airtel. It has directors for the legal department, customer service, marketing, human resources, and technology.
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j.z. (single taxpayer) is retired and received $10,000 of social security benefits this year. how much of the $10,000 social security benefits is taxable if his only other income was $28,000 of pension income and $2,000 of interest income?
His taxable security benefits will therefore stand at $4000.
Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income. To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.
Any gross income that is used to determine how much tax you owe is referred to as taxable income. It is simply your adjusted gross income less any deductions, to put it simply. Included in this are any pay, tips, salaries, and bonuses received from employers. Additionally included are investments and unearned income.
The updated AGI for J.Z. plus half of his social security benefits come to = $28,000 + $5,000 = $33,000
His taxable Social Security benefits, therefore, equal the smaller of
(1) $5,000 (50% of his social security benefits) or
(2) $4,000 (being 50% of ($28,000 modified AGI + $5,000 (50% social security benefits) - $25,000).
Therefore, his taxable security benefits will be $4000.
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marigold corp. recorded the following cash transactions for the year: paid $187000 for salaries. paid $84500 to purchase office equipment. paid $19600 for utilities. paid $8000 in dividends. collected $365000 from customers. what was marigold's net cash provided by operating activities? o $158400 o $73900 o$178000 o $150400
Based on the recorded cash transactions, the net cash from operating activities is $150400
Operating cash flow can be calculated as total cash received from sales minus total cash paid for operating expenses.
Activities that included in operating cash flows:
- salaries
- payment to vendors/supplies
- interest income or dividend received
- paid dividend and paid interest
- income tax paid
- cash from customers
Data from the problem:
Cash from customers = $365000
Salaries paid = $187000
Utilities paid = $19600
Dividend paid = $8000
Purchasing office equipment is not included in operating expenses.
Hence,
Net cash from operating activities = $365000 - ($187000 + $19600 + $8000) = $150400
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There are a few different workplaces in this career cluster. select the workplaces that sound the most interesting or enjoyable. check all that apply. a desk out in the open in an office building a partially walled off area in an office building containing a desk a private office with a door inside an office building a room in your home a frequently changing environment because you travel often
A desk out in the open in an office building a partially walled off area in an office building containing workplaces that sound the most interesting or enjoyable.
A workplace is a place where someone performs office—either for their employer or for themselves. Such a location could be anything from a home office to a sizable office complex or factory. A workplace is a place where someone performs work—either for their employer or for themselves. Such a location could be anything from a home office to a sizable office complex or factory. The workplace is one of the most significant social settings outside of the home in industrialized nations.
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natural disasters can happen at any time and have unknown or incalculable effects. based on information from subject matter experts, the probability of a natural disaster is once every 75 years. using this information, what is the annualized rate of occurrence (aro) for a natural disaster affecting an organization?
0.013 is the annualized rate of occurrence (ARO) for a natural disaster affecting an organization.
Annualised Rate of Occurrence (ARO): An expected frequency of the hazard occurring over the course of a year is known as the Annualised Rate of Occurrence (ARO). ALE is computed using ARO (annualized loss expectancy).
The annualised rate is applicable for a specific amount of time (less than 12 months). It is a mathematical extrapolation of an estimated yearly returns rate. In order to determine it, multiply the monthly change in returns rate by 12 to obtain the annual rate.
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beginning three months from now, you want to be able to withdraw $3,400 each quarter from your bank account to cover college expenses over the next four years. if the account pays .56 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You need to have in your bank account $607,142.9 to get $3,400 each quarter.
You must consider the fact that multiplying the starting amount by the percentage for computing interest when determining the initial sum of money in your bank.
Interest is calculated as follows: Initial Amount x Interest x Time
The following variables are available.
$3,400 = interest
Initial sum = What we are interested in
Interest = 0.56 percent, or 0.0056 each quarter.
Time = 1 quarter.
$3,400 = Initial amount x 0.0056 x 1
$607,142.9= Initial amount.
Thus, You need to have in your bank account $607,142.9 to get $3,400 each quarter.
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________ flows are the physical products, raw materials, supplies, and so forth that flow along the chain.
Materials flows are the physical products, raw materials, supplies, and so forth that flow along the chain.
Transporting raw materials, prefabricated items, parts, components, integrated things, and finished goods as a flow of entities is referred to as material flow. The word primarily refers to supply chain management advanced modeling.
The material flow is a series of operations that starts with the extraction of raw materials, continues through their processing, reprocessing, and machining, and ends with the delivery of the finished product to the final customer.
Since materials are used to make products, the material flow is the most crucial element of a production organization. The factory can only break even if the goods are sold. Therefore, it is essential to move the material as rapidly and directly as possible through the necessary steps of the value chain.
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havermill company establishes a $290 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated receipts on that date represent $77 for repairs expense, $145 for merchandise inventory, and $26 for miscellaneous expenses. the fund has a balance of $42. on october 1, the accountant determines that the fund should be increased by $58. the journal entry to record the reimbursement of the fund on september 30 includes a:
The following journal entry will be made on September 30: "Debit to repairs expenses for $77." This is due to the fact that all expense receipts are debited with the appropriate expense amounts.
The operational costs a business bears in order to make money are referred to as expenses. Simply put, it is the amount of money necessary to acquire anything. According to a proverb, "making money costs money."
Paying suppliers, paying employees, leasing facilities, and depreciating equipment are examples of frequent costs. To reduce their taxable income and therefore their tax liability, businesses are permitted to deduct tax-deductible expenses on their income tax returns; however, the Internal Revenue Service (IRS) sets tight guidelines on which expenses firms are permitted to claim as a deduction. The operational costs a business bears in order to make money are referred to as expenses.
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three years ago, suzanne bought a new personal automobile for $26,900. this year, she sold it for $19,000. what is the amount and character of suzanne's recognized loss?
No loss was recorded when a personal asset was sold.
According to the exclusion rule, money that cannot be utilized to buy food or shelter is not taxable.
Of the following, which is not considered gross income?Income from municipal bond income, child support, life insurance death benefit money, and welfare are all excluded from the IRS's determination of your income tax. According to the exclusion rule, money that cannot be utilized to buy food or shelter is not taxable.Itemized deductions are particular costs borne by the taxpayer that may lower taxable income. Mortgage interest, state or local income taxes, property taxes, medical or dental expenses in excess of AGI restrictions, and charitable contributions are examples of itemized deductions.The costs you incurred for state and local income or sales taxes, real estate taxes, personal property taxes, mortgage interest, and disaster losses are all included in itemized deductions.To learn more about Gross income refer to:
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a major state university in the south recently raised tuition by 12%. an economics professor at this university asked his students, due to the increase in tuition, how many of you will transfer to another university? one student out of about 300 said that he or she would transfer. based on this information, the price elasticity of demand for education at this university is:
One student in every 300 said he or she would transfer. Based on this data, the price elasticity of demand for education at this university is: highly inelastic.
What is price elasticity?The price elasticity of demand for a good is a measurement of how sensitive the quantity demanded is to its price. When the price of a good rises, the quantity demanded falls for almost all of them, but it falls more for some than others. The price elasticity of demand measures the change in consumption of a product in response to a change in its price. It is expressed mathematically as follows: Price Demand Elasticity = Percentage Change in Quantity Demanded × Percentage Change in Price Price Elasticity is measured. The elasticity of demand refers to the responsiveness of demand to changes in demand determinants. There are three types of demand elasticity, namely
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What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
high-volume purchases that are important to your operations would be considered what kind of buy? a. routine b. critical c. leverage d bottleneck e. none of the above
high-volume purchases that are important to your operations would be considered as critical buy.
What are the kinds of buy?There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. There are three different corporate purchasing scenarios to take into account. They are new buy, modified rebuy, and direct rebuy. First, it's important to recognize that there are three primary categories of consumers: average spenders, spendthrifts, and tightwads. The labels are probably sufficient explanation, but let me to delve a little deeper so you can see how these three buyer types might affect your marketing strategies.There are five fundamental steps in the decision-making process for consumers. Consumers use this technique to weigh their options before making a purchase. Problem identification, information search, alternative assessment, buy decision, and post-purchase evaluation are the five steps.To learn more about critical buy refer to:
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