Answers
The demand for flats in this area by low income residents would be relatively inelastic.
Why is the demand for low income housing relatively inelastic ?Elasticity of demand refers to the responsiveness of consumers to changes in price. When demand is relatively inelastic, consumers are less responsive to changes in price, meaning that they will continue to purchase a good or service even if the price increases.
The demand for flats in this new residential area is likely to be relatively inelastic. This is because the residents have limited options for alternative housing due to their low incomes and potential discrimination in other areas of town. As a result, they are likely to be more willing to pay a higher proportion of their incomes for housing in this area, as the cost of moving to another area may be prohibitively expensive.
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The full question is:
Suppose there is a new residential area in town. The area is composed exclusively of flats and is populated by low-income residents. The people who live in the area tend to stay in that area because (1) they cannot afford to live in other areas of the town, (2) they prefer to live with people of their own ethnic group, or (3) there is discrimination against them in other areas of town. Rents paid are a very high percentage of peoples' incomes.
Would the demand for flats in this area be relatively inelastic or relatively elastic? Explain.
Related Questions
Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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importance of constitutional law to Ghana's development
Answers
The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.
What is constitutional law?It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Answers
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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What two genres of photography can war photography often bridge the gap between?
A. documentary photography and photojournalism
B. pictorialism and editorial photojournalism
C. tonalism and pictorialism
D. spot news photography and photojournalism
Answers
Answer:
A. Documentary photography and photojournalism
The two genres of photography can war photography often bridge the gap between the documentary photography and photojournalism. The correct option is (A).
What do you mean by documentary photography?Documentary photography is a type of photography that depicts people, places, objects, and events in a straightforward and accurate manner, and is frequently used in news reporting.
Documentary photography is a popular type of photography that is used to chronicle events or environments that are significant and relevant to history, historical events, and everyday life.
"Documentary photography" usually focuses on a continuing issue (or story) that is told through a series of photographs.
Therefore, the two genres of photography can war photography often bridge the gap between the documentary photography and photojournalism.
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The first and last steps in the seven-step decision-making model are in the list below. Identify both.
Know yourself.
Identify the decision to be made.
Develop a plan of action.
Select the best option.
Question #20 TrueFalse
58
Answers
Answer:
True
Explanation:
Firstly, whenever you're tackling any problem, you need to know your strengths and weakness. understanding your ability can help you to save not only time but also other associated resources involved in the decision made.
Answer:
B and D
Explanation:
'professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact are referred to as
Answers
In order to achieve channel economies and the most possible marketing impact, vertical marketing systems—professionally managed and centrally coordinated marketing channels—were developed.
What do you mean by vertical marketing system in terms of marketing?A vertical marketing system is produced when wholesalers, retailers, and manufacturers all collaborate to meet the needs of their customers. It makes it possible for one company to have complete control over the production and distribution of a thing.
A vertical marketing system's ability to act as a system is one of its advantages.The main advantage of VMS is that it allows your company total control over all facets of developing and promoting a product. By being able to see the larger picture, anticipate problems, and make changes as needed, doing this increases your efficiency.
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Does dyson company use the line extension?
Answers
Answer:yes
Explanation:
Line extinctions is making a product with the same brand and category type example different Dyson vacuums
Hope this helps
1. Concave Systems presently has earning interest and taxes of
$6 million. Its interest expenses are $1,000,000 a year, and it
pays $600,000 in annual dividends to its shareholders. Concave
has 300, 000 common shares outstanding, and its tax rate is 40
percent. Its annual capital expenditures are $900,000. Concave's
present priceto-earning ratio is 8.
a. Calculate the company's earnings per share and interpret.
b. Calculate the company's dividend payout ratio and interpret. 目
c. Calculate the company's dividend yield and interpret.
Answers
The company's earnings per share is 20, dividend payout ratio is 0.1 and dividend yield is 1.25.
What is Dividend payout?The dividend payout is the ratio between dividend per equity share and earning per equity share.
Earning per share = Earning net interest and tax/ Number of shares outstanding
= $6,000,000/3,00,000
= 20
Dividend per share = Total Dividend/ No of shares
= $600,000/300,000
= $2
Dividend payout ratio = Dividend per share/Earning Per Share
= $2/20
= 0.1
Market value per share = P/E Ratio × Earning per share
= 8 × 20
= $160
Dividend Yield = Dividend per share/ Market Value Per Share
= $2/$160×100 = 1.25
Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.
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You purchase a new car (produced this year) for $38,000. After six months, you sell the car for $31,500. How much does GDP rise because of these two transactions?
a. GDP rises by $38,000
b. GDP rises by $31,500
c. GDP rises by $69,500
d. GDP rises by $6,500
Answers
The GDP should be rise by $38,000 due to these two transactions.
The following information should be relevant:
GDP is the Gross domestic product. It is the amount that should create value-added at the time when the goods & services are produced.It is the amount where the item should be firstly purchased.Like in the given situation, the new car should be purchased for $38,000.And, after six months the car is sold for $31,500.So, the sale value does not create any value-added.
Therefore we can conclude that The GDP should be rise by $38,000 due to these two transactions.
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2. Which aspect of professionalism do you feel that you are strongest at? Explain why you think so. (1-3 sentences. 2.0 points)
Answers
Answer:
I feel like my strongest aspect of professionalism would be communication. My career interests require lots of communication with customers. I would need to be able to communicate with the customer’s feelings and needs for whichever situation they are in and what they want to accomplish.
Explanation:
A society is productive inefficient when O a. it produces at a point on its PPF. O b. it does not produce the maximum amount of output with its given resources and technology O c. it can produce more of one good only by giving up some of another good. O d. it produces at a point beyond its PPF
Answers
a. it produces at a point inside (below) its PPF, b. it does not produce the maximum output with its given resources and technology, c. it can produce more of one good without giving up some of another good.
A limited supply of a scarce resource is referred to as such. A person's mind creates intellectual property resources. It measured the monetary worth of individuals' thoughts, innovations, designs, or creative juices. We do not view intellectual property as a scarce resource because everyone can produce these things without restriction. A point on the production possibilities frontier (PPF) of the economy becomes a position below the PPF. Considering that the PPF has not changed, this might be because of the transition from point A to point B involves leaving a useful, efficient location.
A society is productive inefficient when
Select one:
a. it produces at a point inside (below) its PPF.
b. it does not produce the maximum output with its given resources and technology.
c. it can produce more of one good without giving up some of another good.
d. both a and b
e. all of the above
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Debt-to-equity ratio is:
Question 11 options:
calculated by dividing total liabilities by net worth.
calculated by dividing monthly debt payments by net monthly income.
determined by dividing your assets by liabilities.
rarely used by creditors in determining credit worthiness.
Answers
Answer: calculated by dividing total liabilities by net worth.
Explanation:
The debt to equity ratio is used to know how credit worthy a company is. This is gotten by dividing the total liability of a company by the equity of the shareholder.
It should be noted that the debt t equity ratio isn't gotten dividing your assets by liabilities. Therefore, based on the information given above, the answer is A.
Answer:
A
Explanation:
i took the quiz
\This dialogue reflects what aspect of communication?
a.
body language
b.
good listening
c.
working together
d.
leadership
Answers
The given dialogue reflects the good listening aspect of communication. Therefore, option B is the correct option.
What is communication?Communication is a process of conveying a message, an opinion, learning, and experience to other people through the means of writing it down, saying it, and so on.
Good communication is a skill in present times where it is valued in every sphere of life. With the help of good communication skills, an individual, can excel in his or her career by getting more contacts. The good communication skills also help in maintaining good relationships in life because one becomes emotionally intelligent, which strengthens the bonds among people.
The dialogue shown demonstrates the importance of effective listening in communication. As a result, choice B is the best one.
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The given question is probably incomplete. The complete question is given below.
Sara: "Tell me all about your weekend! Was it nice to be on the beach?" Rose: "It was awful! It rained the whole time and I didn't get to spend any time on the beach at all. This dialougue reflects what aspect of communication?
body language
good listening
working together
leadership
A US based MNC is considering establishing a three-year project in Canada with a US$60 million initial investment. The required rate of return on this project is 15%. The firm is projected to generate operating cash flows of C$20 million in Years 1 and 2, and C$50 million in Year 3, and is expected to have a salvage value of C$30million.
The MNC must pay a 25% tax on remitted funds, and the stable exchange rate is C$1.02 per US$ over the next two years and a rate of C$1.025 per US$ in year 3.
All cash flows are remitted to the parent and there is no tax on salvage.
Required:
i) Calculate the after-tax operating cash flows that will be remitted to the parent
company each year.
ii) Calculate the Net Present Value of the project.
iii) Explain whether or not the MNC should accept the project?
iv) Flagstaff Corp. is a U.S.-based firm with a subsidiary in Mexico. It plans to reinvest its earnings in Mexican government securities for the next 10 years since the interest rate earned on these securities is so high. Then, after 10 years, it will remit all accu- mulated earnings to the United States. What is a drawback of using this ap- proach? (Assume the securities have no default or interest rate risk.).
Answers
ii) The Net Present Value of the project is US$21,256,000.
iii) The MNC should accept the project because the Net Present Value is positive.
iv) A drawback of using this approach is that the exchange rate may fluctuate over the 10-year period, which could result in a lower or higher return on investment when the earnings are remitted to the United States.
In the A-B-C classification system, items which account for about 15 percent of the annual dollar value, but which account for a majority of the inventory items, would be classified as: Group of answer choices B items. A items plus B items. B items plus C items. C items. A items.
Answers
Answer:
C items
Explanation:
ABC analysis is the inventory management technique of inventory management where the inventory would be divided into 3 types i.e. A, B and C and it is based upon the importance and the control. The C category items would contains high percenatge of the total no of items but at the same time they have the less dollar volume due to which they have lower control
demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.
Answers
There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:
How to make the recommendationInterest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.
Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.
Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.
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in preparation of standard cost we consider what situation macroeconomics or microeconomics???
Answers
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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Suppose that Second Republic Bank currently has $150,000 in demand deposits and $97,500 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%.
Reserves=__________
Required Reserves=___________
Excess Reserves=__________
Answers
Answer:
Reserves= $52,500
Required reserves= $15,000
Excess reserves= $37,500
Explanation:
The Second republic bank has $150,000 in demand deposits
They also have $97,500 in outstanding loans
The reserves can be calculated as follows
Reserves= deposits-loans
= $150,000-$97,500
= $52,500
The required reserves can be calculated as follows
Required reserves= deposits × reserve ratio
= $150,000×10/100
= $150,000×0.1
= $15,000
The excess reserves can be calculated as follows
Excess reserves= reserves-required reserves
= $52,500-$15,000
= $37,500
Hence the reserves, required reserves and excess reserves are $52,500, $15,000 and $37,500 respectively
A cat food company’s marketing department knew that consumers wanted natural products in their pets’ food, so they changed the labels on the cans to stress which ingredients were natural, but left off the other ingredients. This illustrates
A. greenwashing
B. alternative facts
C. whiteboarding
D. plagiarism
E. whistleblowing
Answers
This scenario illustrates the concept of "greenwashing." So, the correct choice is option A.
Greenwashing refers to the deceptive or misleading marketing practices employed by companies to present their products or services as more environmentally friendly or natural than they actually are.
In this case, the cat food company's marketing department recognized the consumer demand for natural pet food and decided to capitalize on it by changing the labels on the cans. By emphasizing the natural ingredients and intentionally omitting the other ingredients, they create a misleading perception that their product is entirely natural.Greenwashing is a form of marketing manipulation that aims to attract environmentally conscious consumers by providing a false impression of sustainability or naturalness. It can involve various strategies, such as selective labeling, misleading claims, or exaggeration of environmentally friendly features. The intention is to influence consumer perception and purchasing decisions without necessarily making substantial changes to the product itself.However, greenwashing undermines consumer trust and the credibility of companies that engage in such practices, as it can mislead consumers and hinder their ability to make informed choices.
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Discuss two reasons why it is important as a healthcare manager to understand ICD-10-CM, and CPT, DRG, and HCPCS coding, even if you are not a professional coder in the health information management department?
Answers
ICD-10-CM, CPT, DRG, and HCPCS coding are crucial for healthcare managers to understand because they expand the codes for medical complications and safety concerns.
Procedure codes that are comprehensive, accurate, and current will enhance data on the results, efficiency, and costs of new medical technology and guarantee fair reimbursement practices for its use.
Because it offers a common language for describing, reporting, and monitoring diseases, the ICD is significant. As a result, data can be compared and shared globally between hospitals, regions, and nations, as well as over extended time periods.
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This is economics question
Answers
Answer:
I think "A & B are correct."
Explanation:
Risk*
Opposing Claims Quick Check
What does it mean for a claim to be debatable?(1 point)
Question 1
A It can be proven true or false.
B It is based on facts that cannot be refuted.
C It can be supported with evidence.
D It is something people could have differing opinions about.
2
A Why is it important to address opposing arguments when writing an argument?(1 point)
B It shows why the opposing argument should not be considered by your readers.
C It strengthens your claim because you have a chance to explain why it is invalid.
D It shows that your opinion on the topic is the best opinion.
E It convinces people that you have done a lot of research on your topic.
3
A What does it mean to refute an opposing argument?(1 point)
B to show that you are an expert on the topic you are writing about
C to provide reasons why it is wrong
D to support the argument with facts and examples
E to explain your claim in detail
Use the sentence to answer the question.
Claim: Middle school students should be provided with an outdoor recess as part of the school day.
Which sentence includes an opposing claim?
(1 point)
There is not enough time in the school day for middle school students to be allowed a large amount of free time.
Most teenagers do not get enough exercise and should be given the opportunity to get exercise while at school.
Research shows that middle school students would prefer to spend time socializing with their friends outside of school hours.
Students who have time to relax in the middle of the day are more focused and perform better in their studies.
Answers
Answer:
1)D 2)C
Explanation:
(I took the test got a 100%)
1) what makes something debatable is when others have different opinions about it.
2)when you explain what they other persons claim is and then show how it wrong then it makes ur claim look like a better on to agree with
Answer:
i am from connexus i just took the quick check here are the correct answers
Explanation:
1. D. it is something people could have differing opinions about.
2. C. it strengthens your claim because you have a chance to explain why it is invalid
3. C. to provide reasons why it is wrong
4. There is not enough time in the school day for middle school students to be allowed a large amount of free time.
i hope this helps and please let me know if it does
In a low power distance culture, Multiple Choice seniority, rank, and title are important. relatives will be welcomed into the workforce. first names are likely to be used in the office because the ideal is equality. people will want direction, so top-down leadership styles are appropriate.
Answers
Answer: first names are likely to be used in the office because the ideal is equality.
Explanation:
Power distance simply has to do with how power is distributed in the organization. In a high power distance culture, it should be noted that there is power inequality which is common.
On the other hand, in a low power distance culture, it isn't hierarchical and theres power equality. In low power distance culture, first names are likely to be used in the office because the ideal is equality.
Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment?
Yuri must check his credit history.
Yuri must know the interest rate on a furniture loan.
Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.
Yuri must check his credit card balance.
Answers
Answer:
I think....... the answer is c...
Hope it helps
Before using a check as a method of payment for his new chair, Yuri must consider several factors to ensure a smooth transaction. Hence option D is correct.
What must he consider before using that method of payment?First and foremost, he should verify that the merchant accepts checks as a form of payment. Additionally, he should confirm that he has enough money in his checking account to cover the cost of the chair and any other expenses or automatic payments that may come due soon.
It's also important for Yuri to ensure that he writes the check properly, including the correct date, payee name, and amount in both numerical and written form. Failure to do so could result in the check being rejected or delayed, which could cause problems for both Yuri and the merchant.
If Yuri has a history of bounced checks or insufficient funds in his account, he may want to consider alternative payment methods or take steps to improve his financial situation before attempting to pay with a check.
It's also a good idea for Yuri to keep track of his checkbook balance and reconcile it regularly to avoid any surprises or overdraft fees.
Overall, paying with a check can be a convenient and secure way to make purchases, but it's important for Yuri to be mindful of these considerations to ensure a successful transaction.
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Which of the following statements is true of the international business strategy of licensing?
Answers
It allows a firm to enter a foreign market with relatively little risk. The following statements are true of the international business strategy of licensing.
What is business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
An international business of licensing refers that the agreement. That has involved the two firms from different countries, The rights or resources are manufactured in foreign countries. The resources and rights may include patents.
Therefore, The statement is absolutely true. About The international business strategy of licensing.
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Substitute x = b 2 into the simplified expression, the value was 20.
Answers
Answer:
b= 10 x = 20
Explanation:
b= 10. 10 x 2 =x
Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.
Who is responsible for the setup of speakers for a banquet
Answers
Answer:
I think manager??????????
The one responsible for the setup of speakers for a banquet is the event manager, Catering manager or the banquet head of administration who is supervising the team.
What is a banquet?The banquet space is furnished with decorations, accessories, and table arrangements. The banquet manager hires and schedules staff, oversees the banquet while it is being held, etc.
At the start of the banquet, the catering manager is present to ensure that all of the guests' demands are being met.He did a good job of allocating the resources, monitoring the process, and finishing on schedule.
The setup of the dinner, table arrangements, staff scheduling, and other tasks are all coordinated by the banquet supervisor. The chef is in charge of guaranteeing excellence in banquets and reports to the executive chef.
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What is the purpose of database normalization in tables?
Answers
Answer:
This includes creating tables and establishing relationships between those tables according to rules designed both to protect the data and to make the database more flexible by eliminating redundancy and inconsistent dependency.
Answer: its A
Explanation:
While on a call with an emotional customer, the credit card they provide to purchase your service is declined by your system. They become even more agitated and swear it has the necessary funds.
What would you do?
Advise the customer of the declined card and suggest they call back when they get things figured out so you can help them right away.
Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
Explain to the customer that their card was declined and ask them if they'd like you to try again using different card.
Answers
If hey become even more agitated and swear it has the necessary funds. What she should do is: B. Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
Who is a customer care officer?A customer care officer is someone whose customers calls to make inquiring from or a person that render help to customers. A customer care officer have to responds to the needs of the customers, must equally develop rapport with the customers and must be friendly.
It is the duty of a good customer care to show empathy and to as well have a good listening skills as well as others customers care qualities.
Based on the given scenario what she should do is to Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
Therefore the correct option is B.
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Dorchester purchased investment realty in 2001 for $25,000. During the current year, he contributes it to the American Heart Association to use as the site for its new local headquarters. The realty has a value of $52,000 on the contribution date, and Dorchester's AGI is $100,000. Dorchester's maximum current year contribution deduction is:
Answers
Answer:
The answer is $30,000
Explanation:
Solution
Given that:
Dorchester in 2001 purchased investment realty for = $25,000.
The value of the reality = $52,000
Dorchester's Adjusted gross income = $100,000
Now,
We find the maximum present year contribution deduction of Dorchester
Thus,
The amount of deduction is shown as follows.
The reality value = $52,000
50% of the adjusted gross income is = $100,000 * 30% =$30,000