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Assume Intervale Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge a flat fee of $13,000 per month, plus $3 per passenger reservation. What is the total reservation cost if 200,000 passengers take the trip next month?
a. $613,000 c. $600,000
b. $3.07 d. $13,000
The land contributed by Stephanie was encumbered by a $250,000 nonrecourse debt. Assume the partners share debt equally. Immediately after the formation, the basis of Stephanie's partnership interest is:?
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If the unpaid balance on the above sale is $300 at the end of the grace period, the interest charge is:
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Peter is currently raising corn on his 100-acre farm and earning an accounting profit of $100 per acre. However, if he raised soybeans, he could earn $200 per acre. Is he currently earning an economic profit? Why or not?
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Sarah contributes 25K to a church. Sarahs marginal tax rate is 35%. While her average tax rate is 25%. After considering her tax savings, sarah's contribution cost are?
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