Economic Surplus: $12
Explanation: The economic surplus is calculated as the difference between benefit and cost. In this situation, as a math tutor, he earns $45 without incurring other costs. However, opting for a movie incurs a $12 cost. Therefore, the economic surplus is $12, the amount saved by choosing to be a math tutor over attending the movie.
Response: $75,000
Clarification:
According to real estate principles, the 1% rule suggests evaluating property prices. It asserts that the rent should be at least 1% of the property's purchase price on a monthly basis.
The greater the rental percentage over 1%, the better the deal.
In this scenario, the most suitable option would be $75,000 since;
1,000 divided by 75,000 multiplied by 100 results in
1.33%.
The $1,000 falls above 1% of $75,000, making it a very good investment.
The unlevered free cash flow comes out to be -248.5. This figure reflects the cash available to a business prior to settling its financial obligations. For instance, unlevered cash flow indicates the remaining funds after deducting interest payments and operating costs. The calculation follows this formula: UFCF = EBIT - TAXES + DEPRECIATION - CAPITAL EXPENDITURE - INCREASE IN WORKING CAPITAL. Plugging in the numbers yields: UFCF = 18 - 27.5 - 239, resulting in -248.5.
The Emerald Card log sheets or scanned images need to be retained for the current tax season plus:
A.) Three years
B.) Two years
C.) Five years
D.) Seven years
E.) None of the above
Answer:
The retention time required is three years beyond the current tax season for Emerald Card log sheets or scanned images.
A.) Three years
Explanation:
The Emerald Advance application was rolled out on November 21 allowing customers to apply at any H&R Block tax office participating in the program. Accepted applicants can receive an unsecured credit limit ranging from $350 to $1,000 until the repayment date on February 15.
The Emerald Card features a substantial daily ATM withdrawal limit of $3,000. Compared to most cards that restrict daily ATM access to under $1,000, the Emerald's cash load cap is somewhat lower at $1,000. If payroll is submitted two business days before the check date, direct deposits will be accessible to the receiving bank by 5 PM PT on the check date.
In instances when the check date occurs on a non-banking day, direct deposits will be processed the next banking day.
Answer:
Please provide more details.
Explanation:
There was no payoff matrix included, nor was there a specific question presented.
