Answer:
b. $3,000
Explanation:
Jed was refused payment of $5000, the court awarded only $2000, rest $3000 is a loss for Jed. He can only deduct $3000 and not full $5000 as $2000 has been realized.
Therefore, The amount of loss may Jed deduct in the current year is $3,000.
1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%
It is not permissible to sign the documents on the behalf of the other person.
<h3>What is Business Overseas?</h3>
Business Overseas refers to the business with is outside the country often referred as the International Business. It involves the exchange of the goods and services outside the country.
According to the above scenario, Henry has the international business forgets to sign the critical documents in his absence to the particular place he offers his assistant to sign the papers which is not permissible for him to do so.
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<u><em>Explanation</em></u>:
<u>(a) FIFO</u>
In using this method we calculate cost based on the price of the earliest (first) purchased inventory date.
(b) LIFO
Here we calculate cost by using the price of the most recent (last) purchased inventory date. eg for inventory cost calulations for March 9 we use the price value of March 29
(c) weighted average
This meeting uses the average cost of the entire inventory in the month. Calculated by dividing total cost by today inventory.
(d) specific identification.
Here cost are just assigned to each individual item or batch of items in the period.
Lamar should invest in a long-term, fixed rate certificate deposit, if she believes that interest rates are going to fall in the near future and remain low for a considerable period of time.
A long-term CD is generally a CD term between two and five years. Traditionally, long-term CDs have typically offered higher rates than shorter CD terms in exchange for tying up your money for a longer term.
Some institutions provide CD terms of up to 10 years or more, although this isn't as common.
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