Consumers eating higher food costswith higher gasoline prices, the demand for ethanol has increased. because ethanol is made from corn, the price of cornrose, which in turn increased the prices of bread and chicken in the united states. source: usa today, september 6, 2007explain why the demand for ethanol has influenced the price of chicken. with some of the u. s. corn crop being used to produce ethanol, the increased demand for ethanol has raised the price of chicken because . people have substituted chicken for other foods, which has increased the demand for chickenb. corn is used in the production of chicken and the higher price of corn has decreased the supply of chickenc. the cost of producing chicken has increased, which decreases the quantity of chicken suppliedd. the decrease in the demand for chicken is less than the decrease in the supply of chicken

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Your own record of all your transactions. a. check register b. account statement