Answer:
$9,379
Explanation:
using the 2020 tax brackets:
the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500
taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700
taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929
capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450
total tax liability = $8,929 + $450 = $9,379
Deregulation is the process of taking government power out of a particular industry. If there were deregulations within the trucking industry there would be more competition within. Not only that, there would be less rules to make sure the truckers are following their weight limited, aren't carrying things that they shouldn't be or are illegal. if the trucking industry was not regulated there would be a tougher time in making sure stores were delivered goods as needed.
Answer:
Option D
Explanation:
In simple words, Quality assurance, described by ISO 9000 as element of quality control focusing on ensuring trust that performance standards will be met," is a method of preventing errors and failures in manufacturing goods and avoiding issues when supplying products or services to consumers.
Thus, from the above we can conclude that the correct answer is D.
Answer: A firm may operate in multiple industries.
Different firms may use different accounting practices.
Explanation:
Ratio Analysis as you probably know is a very useful tool in financial analysis. It works by comparing ratios based on items in the financial statements of a company to measure certain things such as the Company's Liquidity, Profitability and the like.
It does have certain drawbacks though such as,
A firm may operate in multiple industries
When a firm is operating in multiple industries. Comparing ratios is not a simple task. Different industries record profits and costs differently and just because a ratio is held in high esteem on one company does not mean it is good in another thereby making comparison based on ratios alone quite cumbersome.
Different firms may use different accounting practices
Now if different companies use different Accounting practices, you might find that ratios cannot be straightforwardly compared because different types of figures were used by the different companies. For instance, some companies might use a Straight Line Depreciation method as opposed to a Reducing Balance method which will have varying effects on income.
Answer:
B) the interest rate is zero and the number of compounding periods decrease.
Explanation:
When you are calculating the present value of a future cash flow if the discount rate (interest rate) is lower, the higher the present value. Also, if the number of periods is shorter, the present value will be higher.
Inversely, a higher discount rate or larger number of periods, the lower the present value.
Since the smallest possible discount rate is 0, then that would maximize the present value, along with shorter periods.
