If this monopolistically competitive firm maximizes profit, it will 26. Suppose the minimum possible price of constructing homes is $50 per square foot. As a result of a sharp drop in the demand for home construction, the equilibrium price of home construction falls to $40 per square foot. Assuming the home construction industry is perfectly competitive and there are no specialized inputs, firms
$335 b. Theft of a stereo system worth $1,300; the insured has a $250 deductible. $1050 c. Vandalism that does $425 of damage to a home; the insured has a $500 deductible. $0 the Insured should not make a claim and should pay outright because making a claim could raise the premium. Plus the cost of the damage is less than the deductible.
Inventories and Additional Valuation Issues Chapter 9 E 9-14, P 9-1 , P 9-2 , P 9-5 E9-14: Beginning Inventory 170,000 Purchases for year 450,000 Purchase Returns 30,000 Sales 650,000 Sales Returns 24,000 Rate of gross profit on net sales 30% Merchandise with a selling price of $21,000 remained undamaged after the fire. Damaged merchandise with an original selling price of $15,000 had a net realizable value of $5,300. Compute the amount of the loss as a result of the fire, assuming that the corporation had no insurance coverage. My Calculations: Beginning Inventory 170,000 Add: Purchases 450,000 Less: Purchase Returns -30,000 Cost of goods available for sale 590,000 Sales 650,000 Less: Sales Returns -24,000 626,000 Less: 30% (626000 x .30) -187,800 Less: Cost of Goods Sold 438,200 Estimated Ending Inventory 151,800 Less: undamaged inventory -21,000 Estimated Lost Inventory 130,800 P9-1: A. $460 B.
Luck brings wealth b. Old Misery’s symbol of wealth c. Unluckiness brings poverty d. The poverty of Paul’s family IV: The Plot thickens a. The destruction of the home b. The symbol of wealth is destroyed c. The destruction of Paul d. Family becomes instantly wealthy V. Conclusion A Comparision/Contrast between “The Destructors” and “The Rocking Horse” This comparison and contrast of “The Destructors”, by Graham Greene and “The Rocking Horse Winner”, by D.H. Lawrence will revolve around certain parts from the opening through their ends. “The Destructors”, is set in London about nine years after the conclusion of the WWII.
The car had originally cost $40,000. At the time of the accident, the car was worth $20,000 and Alicia had taken $8,000 of depreciation. The car was totally destroyed and Alicia had let her car insurance expire. If Alicia’s AGI is $50,000 (before considering the loss), determine her itemized deduction for the casualty loss. a.|$2,100.| b.|$5,900.| c.|$6,100.| d.|$16,900.| e.|None of the above.| ANS: C |Business Use|Personal Use| Cost|$20,000 |$20,000 | Less: depreciation| (8,000)| -0- | Basis|$12,000 |$20,000 | Fair market value|$10,000 |$10,000 | Loss|$12,000 |$10,000 | AGI||$50,000 | Less: Business loss|| (12,000)| Modified AGI||$38,000
Goldring was dismissed from the case, and the trial proceeded against just Medlantic. The jury found Medlantic liable for breach of confidential relationship and awarded damages in the amount of $250,000 (Doe, 2003). The jury found against Doe on the invasion of privacy claim because Goldring’s disclosure was not within the scope of Goldring’s employment with Washington Health Center (Doe, 2003). The jury also found that the lawsuit was filed within the one-year limitation periods. This verdict was then reversed by the trial court in favor of Medlantic.
A significant date beginning on September 11, 2001 began officially the war on terror. This war was never figured into the budgets and training of local police departments. In turn these woes experienced by police departments during the Great Recession causing external events impacting police budgets. “The terrorist attacks on September 11, 2001 and the Great Recession, this chapter places these events since 2000 in an economic context.” (Irwin, 2011) In addition, multiple interviews with police administrators, survey data, and news media content, are used to analyze police budget cuts. Most police administrators have already cut their budgets and report their jurisdictions anticipate more effects from the economic crisis.
Assessment Journal, 5(1), 81. If protested taxes are not paid under protest within the time statutorily required, the taxpayer loses the right to maintain an action to recover them. Cook, P. J., & Durrance, C. (2013). The virtuous tax: Lifesaving and crime prevention effects of the 1991 federal alcohol-tax increase. Journal Of Health Economics, 32(1), 261-267. doi:10.1016/j.jhealeco.2012.11.003 FEDERAL REPORTER Newby v. Enron Corp., 446 F.3d 558.
Pro Resolved: The benefits of post-9/11 security measures outweigh the harms to personal freedom. I would like to start off by clearing up a definition, Outweigh: To exceed in weight, value, or importance (Merriam Webster) (Definition of freedom is at end, only use if confronted about it) Contention 1: Human lives outweigh everything 3000 Americans died in the September 11 terrorist attacks. That’s 3000 people consisting of men, women, children, police, and the firemen who died trying to save their fellow human beings. In 2008, around 800 million passengers boarded a flight in America, without sufficient security that’s 800 million potential victims.. Because so many lives are on the line every day, its easy to say that nothing could
In an article by Eaton, Leslie. and Treaster, Joseph B. “Insurance Woes for Hurricane Katrina Victims.” New York Times, September 2, 2007, web august 25, 2010. “Louisiana has estimated that on average, homeowners have received thousands of dollars less than they should have....leading to an extra $900 million dollars of losses for 160,000 families that must be covered by the federal government.” The article continues to speak about how the insurance companies are arguing with home owners about the verbiage in individual contracts, “insurance companies are arguing that hurricane coverage only covers damage due to high winds and flood coverage only covers damage caused by flooding.” The argument continues and insurance companies are beginning to be sued in court for