Answer:
John should include $1,600 as rental income on his Year 4 tax return as a result of the $2,000 payment.
Explanation:
As a cash-basis taxpayer, John's taxable income is based on the actual cash receipts and payments made in the accounting period. The refundable part of the rent should not be included as rental income since it is a security deposit that would be returned at the end of the lease period. If John were an accrual-basis taxpayer, the rental income to be included would have been only $800 representing income for Year 4.
Answer:
Supply
Explanation: I had to the Economics Cencepts-Assessment ll for DECA today. I got all my answers off a quizlet...
Answer:
B.Her actions are inconsistent with the advice being given to her clients and this must be disclosed
Explanation:
A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's personal financial statement and income are consistent with those of her wealthy clients, yet she never buys limited partnership units for her personal account. Which statement is TRUE
A real estate limited partnership (RELP) is a group of investors who pool their financial resources to invest in property purchasing, development, or leasing. Under its limited partnership status, This form of partnership has a general partner who bears full liability and limited partners who are predispose only up to the amount they contribute
The registered investment adviser does not practice what she teaches. She might just be in the profession for the money. She might also understand the risk associated with the real estate limited partnership investments and hence would want to be risk averse herself. she should let her clients know the nitty gritty of the partnership and put a disclaimer across to them
Answer: As a terorrism preparedness, local, country and state assets need to be in place as an answer to counterterrorism preparedness. National infrastructure preparedness plan which outlines how government and private sector participants in the community can work together to manage risks and achieve security and resilience outcomes.
The National Infrastructure and Computer Intrusion Program also have a role in preventing terrorist act by identifying, protecting, preventing and detecting of computer intrusions. Assets include the major electrical, communications, and water facilities; transportation hubs; energy plants and other infrastructure which are instrumental in terrorism attack.
Explanation:
Answer:
0.4 swiss good(s) per U.S good(s)
Explanation:
firstly we calculate how many dollars we get per Frank so we will say $1/ 5 Swiss Franks =$0.2 which is similar to (5x =1, solve for x =1/5 / 0.2 in simple maths )per Swiss Franc thereafter we calculate the how many Swiss Francs per good compared to dollars per good we can get so therefore 2 Swiss Francs per good/$1 per good is the ratio of comparison , hence we treat f(X) as a function of swiss good(s) per U.S good, therefore f(X)= 2 x , knowing that x= 0.2 f(x)= 2(0.2) which will result in f(x)= 0.4.
