In the United States, the CPI (Consumer Price Index) basket consists of items that are commonly purchased by urban consumers, including goods and services such as food, housing, clothing, transportation, medical care, and entertainment.
The CPI basket is constructed to reflect the spending habits of the average urban consumer and is based on a survey conducted by the Bureau of Labor Statistics (BLS) to determine the types of goods and services that are typically purchased by consumers.The CPI basket is divided into eight major categories, each of which is given a weight based on its importance to the average consumer's budget. The eight categories are food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services.Of these categories, housing has the greatest weight in the CPI basket, accounting for approximately one-third of the total index. This is because housing costs, including rent and mortgage payments, are typically the largest expense for most consumers. Food and beverages and transportation are also significant components of the CPI basket, each accounting for around 15% of the total index.
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In the United States, the CPI (Consumer Price Index) basket consists of items that represent the typical goods and services purchased by households for consumption. These items are organized into various categories, and their prices are monitored regularly to determine the overall cost of living. Housing has the greatest weight in the CPI basket, as it generally constitutes the largest expense for most households.
The CPI basket is determined by surveying thousands of households across the country to determine what they spend their money on. This information is used to create a weighted average of prices for each item in the basket. The weight of each item in the basket is determined by its relative importance in the average household's spending.
According to the Bureau of Labor Statistics, housing has the greatest weight in the CPI basket, followed by transportation and food. Other items in the basket include apparel, education and communication, medical care, and recreation.
Overall, the CPI basket provides a valuable tool for understanding changes in the cost of living over time and is used by policymakers, businesses, and individuals to make informed decisions about spending and saving.
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1. You are a recent hire and the youngest finance officer in the State College system. You just distributed the budget guidelines at the college. On Monday, you found a batch of cookies on your desk with a note from the dean of nursing. The dean wants to meet and discuss new equipment for her program. Later in the week, you find a pair of tickets in your mailbox for a major concert that was sold out in an hour. The VP of Student Services stopped by to see if you found them and then mentioned the new furniture he is waiting for you to approve. You realize they are trying to bribe you to support their funding requests.
On Monday, you return to the office and review the finance office code of ethics and find it has not been updated for 20 years. You want to make sure your staff is providing services in an ethical way. You decide to propose a new code of ethics to present for approval.
Use bullet points to describe language you would use in a finance code of ethics.
Provide your rationale for making the recommendation for updating the finance code of ethics.
Describe the implications of a code of ethics for finance staff in higher education.
Make recommendations for the college to review and update its general employee code of ethics.
Describe your rationale for recommending a general employee code of ethics.
2. Managing fiscal change is a major responsibility of finance officers. Officers must be able to facilitate acceptance of new strategies, technologies, and processes to sustain institutions.
What are the steps needed to manage fiscal change in higher education?
What are some principles for effective change management?
Is the change in alignment with the college mission and goals?
How will changes be measured to identify improvement and sustainability?
How will results be communicated at the college?
To update the finance code of ethics, the following language could be included:
- Honesty and Integrity: Finance staff should always act with honesty, integrity, and transparency in their financial practices.
- Conflict of Interest: Employees must disclose any potential conflicts of interest and refrain from participating in any financial decisions where they have a personal interest.
- Confidentiality: Financial information must be treated with strict confidentiality to protect the institution and its stakeholders.
- Compliance with Laws and Regulations: Staff should adhere to all applicable laws and regulations governing financial practices.
- Ethical Decision Making: Employees should use ethical decision-making frameworks to guide their actions and prioritize the best interests of the institution.
Updating the finance code of ethics is recommended to ensure it aligns with current industry standards and practices. The existing code may be outdated, and updating it will provide clearer guidance to staff and address emerging ethical challenges in finance.
A code of ethics for finance staff in higher education has several implications. It promotes accountability, transparency, and trust within the institution. It ensures that financial decisions are made in the best interest of the institution and its stakeholders. It also safeguards against financial misconduct, fraud, and conflicts of interest, which can have detrimental effects on the institution's reputation and financial well-being.
To review and update the general employee code of ethics, the college should:
- Establish a committee or task force comprising representatives from different departments to gather input and perspectives.
- Conduct a thorough review of the current code, identifying any outdated or ambiguous language and addressing gaps in ethical expectations.
- Seek feedback from employees through surveys or focus groups to understand their experiences and expectations regarding ethical conduct.
- Incorporate best practices from other organizations and industries to ensure the code is comprehensive and relevant.
- Obtain approval from senior management and involve employees in the process to foster a sense of ownership and commitment to the updated code.
Updating the general employee code of ethics is necessary to ensure consistency and alignment of ethical standards across the institution. It provides clear guidelines for employees to navigate ethical dilemmas and maintain a positive work culture based on integrity, respect, and professionalism.
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i. Areogram is used to send written message to
Peter and marcia, both age 34, can each pay $650 a year each on life insurance for themselves. about how much is the face value of the largest combination of policies they can buy? for age 34, a 10-year term for male is 1.45 and for female is 1.24. a 20-year term for male is 1.89 and female is 1.46. a. $1,945,000 b. $972,000 c. $789,000 d. $806,000 please select the best answer from the choices provided a b c d
The face value is $972000. All premiums paid are accustomed cowl the value of insurance protection. The term is also one, five, 10, 20 years, or longer.
With the age of the customer, the insurance premiums additionally rise. The younger. Similarly, the older your age is, the higher the insurance premium. Health Insurance Premium will increase with age because it is believed that with the rising age, possibilities of health issues conjointly rise, which is why consequently, the premium quantity will increase.
Generally, the older someone is, the upper the price of their insurance is. This can be a result of insurance policies area unit designed to pay a benefit once the insured passes away; the additional probably it's that the named insured can die throughout the policy amount, the upper rates are.
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Jill has a property that appraises for $189,000. Her first mortgage rate is 4.75% and her second mortgage rate is 15%. She has decided that she wants to leave her $53,000 first mortgage alone and just refinance the second. She qualifies for an 85% CLTV. Her second mortgage is for $25,000 but she wants cash to finish her basement. She has $81,150 available as cash. What is her new second mortgage loan amount if the closing costs are $1,500 and Jill would like to finance them
Answer:
The new mortgage loan is $106,150
Explanation:
The computation of the new second mortgage loan is shown below:
But before that determine the maximum loan amount which is
= $189,000 × 85%
= $160,650
Now the second mortgage loan is
= maximum amount - first mortgage - closing cost
= $160,650 - $53,000 - $1,500
= $106,150
Hence, the new mortgage loan is $106,150
Adrienne is part of the senior management team at a company in which ____________ since her appointment __________ both morale and client-satisfaction have dramatically improved. Among her driving principles are the idea that people work better when they are both motivated and empowered to reach their goals, that each team member must contribute fully, and that when she has to make a key decision, everyone knows why she is making it. She is a useful example of how __________ works.
Answer:
improvements were clearly evident; as; democratic leadership style
Explanation:
What this means is that;
"Adrienne is part of the senior management team at a company in which improvements were clearly evident since her appointment, as both morale and client-satisfaction have dramatically improved. Among her driving principles is the idea that people work better when they are both motivated and empowered to reach their goals, that each team member must contribute fully, and that when she has to make a key decision, everyone knows why she is making it. She is a useful example of how democratic leadership style works."
Note, a democratic leadership style is one in which the manager or leader allows participation from his subordinates; in other words, it is a participative form of leadership.
HELP PLEASE!!!
1. The Building & Construction encompasses both hands-on vocations and conceptual high-end careers.
True
False
2.
What is the minimum education needed to start a career as a Cabinet maker?
A college diploma in cabinet making
An Associates degree in cabinet making
A Ph.D. in woodworking is required
Only vocational training is needed to start a career as a Cabinetmaker
3. A majority of the careers that require more education also tend to pay a higher salary.
True
False
4. Many careers require some education beyond high school even for entry level positions. The career in Section 3 that is an exception to this is:
Welder
Cabinetmaker
Electrician
Set Decorator
5. The career that encourages obtaining an APTI or CAT certification is
HVAC Installation and Maintenance
Air Pollution Control Manager
Water Quality Specialist
Building Inspector
Answer:
#1 is False
#2 Cabinet makers are not required to have completed formal education related to the trade, but most employers prefer to hire individuals with a minimum of a high school diploma or General Educational Development (GED) credential.
#3 True
Explanation:
describe the interrelationship of the primary business activities.
The primary business activities are interrelated because they all work together to create a successful business.
For a firm to succeed, all of its essential components—sales, marketing, finances, and operations—must function harmoniously.
Sales is in charge of generating income, marketing aids in raising awareness of the company and its goods, finance manages finances, and operations make sure that goods and services are delivered on time and to the proper customers.
To help the firm reach its objectives, all of these activities must be coordinated and harmoniously operated.
Revenue generation, which is important for the firm to operate and expand, depends on sales activities.
Marketing efforts are required to raise consumer knowledge of a company's offerings, which may result in higher sales.
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Assume the CPI increases from 110 to 121, and Manny's nominal income increases from $100,000 to $120,000 over the same period. Manny's real income has
Manny's real income has increased by 9%.
A consumer price index calculates the weighted average of a market basket of goods and services that households have purchased. The measured CPI changes over time to reflect variations in price.
The CPI is one of the most widely used metrics for measuring inflation and deflation. Inflation is a crucial indicator of a country's economic health. Governments and central banks utilize the CPI and other indices when making economic decisions. Among these, the choice of whether to raise or lower interest rates is critical.
To determine CPI To calculate the CPI in any given year, divide the price of the market basket in year t by the price of the same basket in the base year.
Rate of inflation = \(\frac{121 - 110}{121}\)
Rate of inflation = 0.09
Rate of inflation= 9%
hence, manny's real income has raised by 9%
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who do you think is gonna win this election/who are you voting for?
Answer:
please mark me Brainliest: i think joe Biden will win definitely
Explanation:
An investor owning 400 shares of stock receives notice that the stock will be split. When the split is complete, the customer owns 1,200 shares of stock. The split must have been
Answer:
800....................
Which note-taking method is most appropriate for taking notes while reading?
a. Cornell format
b. outline format
c. list format
d. paragraph format
Answer: I think it's a. Cornell format because it is a combination of writing a list, any methods learnt, and has a notes column.
Something like this
Explanation:
firms in a small economy planned that inventories would grow over the past year by $500,000. over that year, inventories did grow by exactly $500,000. this implies that
Given the situation described in the question, this implies that the firm's "aggregate expenditure that year equal to the GDP that year."
This is evident in the fact that the expected or estimated inventories sum equals the actual inventories sum.
Note business or firm's inventories are included when measuring the GDP.
This is because the unsold inventories of firms which is resulted from the firms producing more than they sell, increases GDP. While when firms sell Inventories more than they produce, it leads to a reduction in GDP.
Hence, in this case, it is concluded that the correct answer to the question is "aggregate expenditure that year equal to the GDP that year."
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To avoid debt, a new business owner should have enough projected revenue to cover expences for the first
A) 6 months
B) year
C) 2 years
D) 5 years
⚠️THIS IS FOR SCHOOL. NO TROLL ANSWERS OR LESS YOU WILL BE REPORTED.⚠️
Answer:
b) a year
Explanation:
What's wrong with this slide?
A.The font size is too small
B.Black text on a white background is difficult to read.
C.Tables should not be used in presentations,
There’s too much information
In a merger of two firms, one with excess cash/poor projects and the other with cash shortage/good projects. Which firm will get a large share of the synergy benefits and why?
In a merger, the firm with cash shortage/good projects will receive the most significant share of synergy benefits. The reason is that in a merger, the cash-rich firm with poor projects will be looking to invest in new ventures or take advantage of other opportunities.
The cash-rich firm will be looking to save cash to make future investments by minimizing the cost of capital and by reducing capital expenditures. On the other hand, the firm with good projects but a cash shortage will be looking to invest in capital projects to grow their business but will not have sufficient resources to do so.Their resources will be limited to their capital structure, which is their current assets minus their current liabilities. As a result, the cash-rich company will provide the necessary resources to fund the growth of the merged entity.
The cash-rich firm will also provide the capital for capital expenditures such as research and development, expansion, or acquisitions. The cash-rich firm will receive a lower share of the synergy benefits since they have fewer projects that need funding. On the other hand, the cash-poor firm will receive a more significant share of the synergy benefits since they have more significant projects that require funding, and the cash-rich company will provide the resources for those projects. Thus, the cash-poor firm will get the most significant share of synergy benefits.
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match the type of retail store location with its correct description. central business district central business district drop zone empty. regional shopping center regional shopping center drop zone empty. community shopping center community shopping center drop zone empty. strip mall strip mall drop zone empty. power center power center drop zone empty. clusters of stores located in neighborhoods to serve people who are within a 5- to 10-minute drive serve customers who are within a 10- to-20-minute drive; contain one primary store and 20 to 40 smaller outlets huge shopping strip with multiple anchor stores and a supermarket the oldest type of retail setting; a community's downtown area large shopping areas of 50 to 150 stores that contain two or three anchor stores
A power center consists of a huge shopping strip with multiple anchor stores and a supermarket.
The terms "power center" and "big-box center" refer to shopping centers with an average gross leasable area of 250,000 to 600,000 square feet (23,000 to 56,000 m2), three or more big box anchor tenants, and a variety of smaller retailers. The anchor tenants typically occupy 75–90% of the center’s space.
As the first power center in history, 280 Metro Centre in Colman, California is credited.
Merritt Sher, a local real estate developer, opened the 280 Metro Centre in 1986 as an outdoor strip mall with big-box retailers and category killers as its main tenants.
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47. Indian economy is a mixed economy as it consists of both privately owned and
government owned business enterprises. Therefore, we can classify the Indian economy
into two sectors, viz, Private Sector and Public Sector. In a capitalistic economy, the
private sector is dominating, while in a socialistic economy, the public sector is
dominating. In a mixed economy, both the private sector and public sector go hand in
hand.
. In the light of the above paragraph explain Indian economy?
Yes, the Indian economy is a mixed economy which consists of two sectors viz, Private Sector and Public Sector.
What is the Indian economy?The economy of India is a mixed middle-income developing social market economy. It is the world's fifth-largest economy by nominal GDP and third-largest economy by purchasing power parity.The essential characteristics of developing economies are overpopulation, extreme poverty or below the poverty line, poor infrastructure, agriculture-based economies, slow pace of capital development, and low per capita income.The Indian economy is characterized by a low real per capita income rate, a high population growth rate, and a high degree of dependence on the primary industry. Covid 19 has had a negative impact on the Indian economy. The Covid pandemic has led to industry shutdowns and subsequent job losses.An economy is a system of interconnected production and consumption activities that ultimately determine the allocation of resources within a group. The production and consumption of goods and services as a whole meet the needs of the people who live and work there.to know more about the Indian economy refer to
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Jenny invests $20,000 in an account earning 4. 5% interest, compounded annually. Cam invests $20,000 in an account earning 6. 5% interest, compounded annually. Given that no additional deposits are made, compare the balances of the two accounts after 5 years. (round to the nearest dollar).
The conclusion is that C) Cam has $2,478 more in his account than Jenny.
How to calculate the compound interest?Compound interest is given by:
A=P(1 + r / 100)^n
Amount Jenny earned after 5 years will be:
A=20000(1 + 4.5 / 100)^5
A=$24,923.64
Amount Cam earned:
A=20000(1 + 6.5/100)^5
A=$27,401.73
Comparing the two earnings we get:
27401.73 - 24923.64
=$2,478.09
We conclude that Cam had $2478 more money in the account than Jenny
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Complete question
Jenny invests $20,000 in an account earning 4.5% interest, compounded annually. Cam invests $20,000 in an account earning 6.5% interest, compounded annually. Given that no additional deposits are made, compare the balances of the two accounts after 5 years. (round to the nearest dollar)
A) Cam has $2,082 more in his account than Jenny.
B) Jenny has $2,082 more in her account than Cam.
C) Cam has $2,478 more in his account than Jenny.
D) Jenny has $2,478 more in her account than Cam
the term average means _______.
a. there are an equal number of employees earning above the amount provided and an equal number earning below the amount provided
b. there are an equal number of employees earning above the amount provided but not an equal number of employees earning below the amount provided
c. there are an equal number of employees not earning above the amount provided but an equal number of employees earning below the amount provided
d. The number calculated by adding all numbers together, then dividing by the total amount of numbers
D.
...................
Which of the following phrases best describes O*NET?
A financial guide for students
A job search site
A career exploration tool
A college information database
Answer:
Job search site
Explanation:
....................
Answer:
C.
A career exploration tool
Explanation:
Not sure if this is right, but it's the best guess
How much does the sky weigh?
Answer: 11 billion billion pounds
Explanation:
Answer:
The sky weighs 14.7 lbs per square inch of earth surface which is roughly 11 billion billion pounds. So, you can say that sky weighs one millionth of the mass of the Earth.
Explanation:
50 points each
“When you drink alcohol you are just borrowing happiness from tomorrow.”
“Your stomach thinks all potato is mashed.” ...
“I wonder what my dog named me?
”We eat pizza from the inside out. ...
If you live to be 70 years old you will spend TEN YEARS of your life on Monday. ...
Sometime in the future, someone will say your name for the last time. ...
Deaf people probably don't understand why farts are funny. ...
The word ambiguous only has one meaning.These are not my memories. ...
No one knows how anyone feels. ...
You are neither the first nor the last. ...
You are someone's ancestor. ...
Today the Earth is more beautiful than it will be tomorrow. ...
You only know you were happy when you no longer are. ...
If we're alone it's frightening. ...
Every thing could be the last thing.
join my pad let no space in between pad let
https://pad let.com/hoelee86/n9lzo8fq8qb9rows
Answer:
that x-ray has arthritis
Answer:
Hey mate.....
Explanation:
Facts were very true......can't join pad let now....
Thx for points...!!!!!Lol
Terry tate was an advertising character with what unusual profession?
Terry Tate was an advertising figure who worked as a "Office Linebacker."
Terry Tate is depicted in the advertisements confronting coworkers who breach office rules, such as wasting company time, misusing office equipment, or failing to replenish the coffee machine.
The character's outrageous antics were meant to be amusing while also emphasizing the necessity of workplace safety and efficiency.
The advertisements were a popular and successful marketing campaign for Reebok, and actor Lester Speight's character, Terry Tate, has become a memorable pop culture phenomenon.
Terry Tate's character was a lighthearted spin on the serious subject of workplace safety and productivity, and the advertisements were intended to promote Reebok's athletic clothes and equipment. Lester Speight, a former American football player and professional wrestler, played the role of Terry Tate.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
On December 31, Vear 1, Strickand Corp. signed a 7 -year finance lease for an airplane. The aiplane s fair walue was $841,500, which is the present value of the lease payments to be used to account for this finance lease. Strickfand then made the first annual lease pyyment of 5153,000 on December 31 , Year 1. What amount should Strickiand report as finance lease bability in as December 31 , Vear. 1 balance sheet? Select one: a 3841,500 b. 5780,300 c. 368500 d. 5627,300
A finance lease is a contract that enables an entity to use an asset throughout the lease term. A finance lease is classified by an accounting standard as a lease that transfers substantially all of the risks and rewards of ownership of the asset to the lessee. The lessor's profit or loss on the lease is also reported based on the implicit rate of return.
Strickand Corp. signed a 7-year finance lease for an airplane on December 31, Year 1, according to the question. The airplane's fair value was $841,500, which is the present value of the lease payments. The first lease payment of $153,000 was made on December 31, Year 1.
The following information is required to calculate the lease obligation for Strickand Corp. on December 31, Year 1:The present value of the lease payments: The present value of the lease payments can be calculated using the following formula:
Present value of lease payments = Annual lease payment × [1 − (1 + r)-n] / r
where r = Implicit rate of return, n = Number of lease payments
The present value of lease payments is $841,500, and the annual lease payment is $153,000. Assume that the implicit rate of return is x.
Present value of lease payments = 153,000 × [1 − (1 + x)-7] / x= 841,500
By solving this equation, we get x = 8%.Thus, the present value of lease payments is $841,500, and the annual lease payment is $153,000.
Assume that the implicit rate of return is 8%. The lease obligation for Strickand Corp. on December 31, Year 1, is as follows:
Lease obligation = Present value of lease payments - Lease payments made
Lease obligation = $841,500 - $153,000
Lease obligation = $688,500
Therefore, Strickand Corp. should report $688,500 as finance lease liability in the December 31, Year 1, balance sheet. Hence, option (d) 5627,300 is incorrect.
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1.05 the market place economic
A market economy serves as an economic system in which economic activities is been controlled by individuals.
What is market economy?market economy serves as the economy that that gives country's individual citizens and businesses to be able to make decisions .
This decision could be pricing of goods and services which are been controlled by the interactions of a country's individual citizens.
COMPLETE QUESTION:
Explain market place economy
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The invisible hand principle indicates that competitive markets can help promote the efficient use of resources Group of answer choices only if buyers and sellers really care, personally, about economic efficiency. even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use. even if business firms fail to produce goods efficiently. if, and only if, businesses recognize their social obligation to keep costs low and use resources wisely.
Answer:
even when each market participant cares only about their own self interest rather than about the overall efficiency of resource use.
Explanation:
A capitalist economy also referred to as free-enterprise system, pure capitalism, or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a capitalist economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a capitalist economy is a type of economy that is completely driven by demand and supply of goods and services.
The invisible hand principle indicates that competitive markets can help promote the efficient use of resources even when each market participant such as producer and suppliers cares only about their own self interest rather than about the overall efficiency of resource use.
The "invisible hand" concept asserts that, the self-interest by producers and suppliers of resources in a market system will automatically promote the public interest as well.
This ultimately implies that, public and private interest will always coincide assuming there exist competition in a free market system.
In conclusion, the invisible hand concept is a metaphorical description of the unforeseen forces that typically moves a free market system or economy.
If a residence is used primarily for personal use (rented for fewer than 15 days per year), which of the following is correct? Oa. No expenses are deductible. Ob. No income is included in AGI. Oc. Expenses must be allocated between rental and personal use. Od. Only "No income is included in AGI" and "No expenses are deductible" are correct.
If a residence is used primarily for personal use (rented for fewer than 15 days per year), then the correct option is D. "No income is included in AGI" and "No expenses are deductible."
What is the reason?If a taxpayer rents out his/her primary residence for fewer than 15 days in a year, the rental income generated from it is not taxable. Hence, no expenses will be deductible from that rental income.
This is because IRS does not consider rental income of fewer than 15 days as income but rather personal use of the taxpayer.
To calculate the taxability of rental income for homes used for personal use or vacation homes, the expenses must be allocated between rental and personal use.
In this case, since the home is rented for less than 15 days, allocation is not necessary.
Therefore, the correct answer is option (d) Only "No income is included in AGI" and "No expenses are deductible" are correct.
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compute the selling price of a bag of chips that has a cost of $0.75 per item. the store needs to generate a profit of $0.50 per item.
Answer:
$1.25
Explanation:
A seller has to consider both the cost price and the desired profit before setting the selling price. In practice, the selling price is the total of the cost price and the intended profits.
In this case
Selling price = $0.75 + $0.50
=$1.25
What do the fed’s actions say about the costs and benefits of american hegemony/leadership in the global economy?
US supports these positive outcomes by providing public goods to the global economy like the dollar as a reserve currency and access to the US consumer markets, like emergency lending that the federal reserve is doing right now.
This is what fed’s actions say about the costs and benefits of american hegemony/leadership in the global economy.
An economy is the area of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Economics is defined as the management of community, business, or family financial matters.
An economy is the area of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Economics is defined as the management of community, business, or family financial matters.
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