Jones, inc., a calendar-year taxpayer, is in the air conditioner repair business. the business uses the cash method. in december of the current year, jones charged $100 of supplies at refrigeration, inc., (he will pay the credit card bill in january) and also purchased $600 of supplies at xyz on open account (he will make a payment on the open account in january). what is the amount that is deductible by jones, inc., in the current year?

The blank is type of decision-maker who over analyzes information

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity