Answer:
0$
Explanation:
Life insurance proceeds are not included in gross income based on the premise that it would not be appropriate when the time of need to tax the proceeds from life insurance policy. For this reason, the major exclusion from gross income is been given for life insurance proceeds. To be excluded, the proceeds has to be paid to the beneficiary by reason of the death of the insured. Let's say the proceeds are taken over some years instead of in a lump sum, the insurance company will pay interest on the that proceeds that are not paid.
Answer:
Taxable income must not include $250,000
Explanation:
Since the life insurance payment is exempt from tax and is the reason why it is excluded from the computation of the gross income for those who are declared terminally ill persons. So $250,000 must not be included in the David's Taxable Income.
Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square feet) where she meets with clients, prepares bills, and performs other work-related tasks. Her business expenses, other than home office expenses, total $5,600. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses. Real property taxes $ 1,600 Interest on home mortgage 5,100 Operating expenses of home 800 Depreciation 1,600 Also, assume that, not counting the sole proprietorship, Rita's AGI is $60,000. Rita itemizes deductions, and her itemized deduction for non-home business taxes is less than $10,000 by more than the real property taxes allocated to business use of the home. Assume Rita’s consulting business generated $15,000 in gross income. (Leave no answer blank. Enter zero if applicable.) a. What is Rita’s home office deduction for the current year?
Answet
45-24
Explanation:
503
Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
For more such questions on goal visit:
https://brainly.com/question/25534066
#SPJ11
discuss in details what is the sources of finance in UAE?
Answer:
loans, syndicated loans,the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.
Explanation:
hope i t helped<3
mark me as brainliest plz
A craft shop buys stuffed animals with a list price of $7,000. If the wholesaler offers trade discounts of 35/35/35, find the net price factor.
• 0.04288
• 0.21600
• 0.27463
• 0.34300
Based on the wholesale trade discounts offered by the seller to the craft shop that buys stuffed animals, the net price factor is 0.27463
What is the net price factor?First, find the difference between 100% and the trade discounts:
= 100% - 35%
= 65%
The difference is 65/65/65.
To find the net price factor, multiply these differences:
= 0.65 x 0.65 x 0.65
= 0.274625
= 0.27463
In conclusion, the net price factor based on the trade discounts offered of 35/5/35 and a list price of $7,000 is 0.27463.
Find out more on the net price factor at https://brainly.com/question/6125719
#SPJ1
What did the Retirement Analyzer results show you about your retirement? Will you have enough monthly income to live comfortably in retirement? What steps can you take to save and invest in your future, while still paying bills and living now?
Using the Retirement Analyzer, you can assess whether your monthly income in retirement will suffice for a comfortable lifestyle.
What is Retirement AnalyzerThe tool takes into account multiple variables, including existing investments, savings, expected expenses, and retirement objectives, to provide an accurate analysis. By means of an examination, it offers perspectives on whether or not your retirement funds are adequate.
If the Retirement Analyzer shows that your monthly income for retirement may be insufficient, evaluate your current savings rate and contemplate on augmenting it to boost savings.
Learn more about Retirement from
https://brainly.com/question/28128413
#SPJ1
100pts if you help me ..and brainleast
please correct me if im wrong
2. Joe, a bartender, is typically “over” in his cash drawer by two or three dollars each shift. In the past, you have always thought that it is “better to be over than to be short” and have not worried about it. However, after reviewing chapter 12, you recognize that there might be a problem.
Why could this be a problem? What would you do?
Answer:
It will add up.
Explanation:
Money adds up very fast.
purchase goods worth rs 20000 from Shyam on credit and paid 50% in cash
Answer:
Purchases a/c dr 20000
To cash a/c 15000
To Ram's a/c 5000
A rational decision maker
Answer:yes
Explanation:because yes
A buyer agrees to purchase a house for $234,500. The buyer pays $2,000 as earnest money and obtains a new mortgage loan for $167,500. The purchase contract provides for a March 15 settlement. The buyer and the sellers prorate the previous year's real estate taxes of $4,880.96, which have been prepaid. The buyer has additional closing costs of $2,250, and the sellers have other closing costs of $1,850. How much cash must the buyer bring to the settlement?
The cash that the buyer must bring to the settlement after paying the earnest money is $72,130.96.
What is earnest money?Earnest money is a good faith deposit that the buyer makes to assure the seller about a buyer's good faith to buy a property. The earnest money enables the buyer to arrange for the purchase financing.
Data and Calculations:House price = $234,500
Earnest money paid = (2,000)
Mortgage loan = (167,500)
Real estate taxes = 4,880.96
Additional closing costs 2,250
Total cash on settlement = $72,130.96
Thus, the cash that the buyer must bring to the settlement is $72,130.96.
Learn more about earnest money at https://brainly.com/question/4538078
what do the acronyms PA DA and PR stand for ?
Answer:
PA=Personal Authority
DA=Domain Authority
PR= Page Rename or Page rank
Being a mason requires a five-year apprenticeship, a program that requires trainees to work for an experienced mason in order to learn the trade.
A. True
B. False
It is a false statement that to become a mason requires a five-year apprenticeship,
Who is a mason?These are people that have some skills to carry out some of their responsibilities.
The profession is known as one uses that uses bricks, concrete blocks etc build structures such as walls, walkways, etc
The apprenticeship years for mason varies from people to people, therefore, it is a false statement.
Read more about mason
brainly.com/question/27092057
#SPJ1
what changes in experiment are found to have made a difference, this type of validity is established
The best forms of changes in experiments that contribute to strong validation is:
Internal Validity. Internal validity investigates whether the study design, methodology, and analysis provide unbiased answers to the research questions
What is an experiment?An experiment is a technique that is carried out to support or deny a hypothesis, or to test the efficacy or probability of something that has never been done before.
Experiments shed light on cause-and-effect relationships by revealing what happens when a certain element is changed.
What re the various kinds of validity?The following are various types of validity:
Validity on the surface.Validity of contentValidity of constructionInternal consistency.External credibility.Validity of statistical conclusionsValidity based on criteria.Learn more about experiments:
https://brainly.com/question/17274244
#SPJ1
A _____ tax is one by which the government takes a greater share of the income of the rich than of the poor.
a. progressive
b. proportional
c. regressive
d. transfer
A progressive tax is one by which the government takes a greater share of the income of the rich than of the poor.
What are the Advantages of a Progressive Tax?On the plus side, a progressive tax structure lessens the tax burden on those with the lowest incomes. That puts more money in the hands of low-wage workers, who are more inclined to spend it on necessities and boost the economy as a result. Since the majority of taxes are levied on people with the greatest incomes, progressive tax systems tend to raise more revenue than flat or regressive tax systems. A progressive tax also causes those with the most wealth to fund a larger percentage of the essential services that all people and companies depend on, such road upkeep and public safety.
To know more about progressive taxation visit:
brainly.com/question/12416177
#SPJ4
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
Lisa needs to determine the price for her new product. She wants to list it at a price point her
customers will approve of while keeping it high enough that she earns a decent profit to benef
shareholders. Lisa is trying to please multiple
a. businesses
b. Stakeholders
c. priorities
d. Sharehholders
e. clients
Answer:
c
Explanation:
the answer is not a because it simply isn't stated in the question that she has multiple businesses and it is not e because she is also looking for profit herself it is c becuz not only does she want to please the stakeholders but her clients as well giving her multiple priorities
In a situation where Lisa wants to list product at a price point her customers will approve of while keeping it high enough that she earns a decent profit to benefit of the shareholders, she is trying to please multiple priorities. Therefore, the option C holds true.
What is the significance of a pricing method?A pricing method can be referred to or considered as a method in which a seller or producer determines the point of price at which maximum quantity of their products will be demanded in the market, and also earn a substantial share of profits for the seller.
When a pricing method to ensure demand as well as profits is chosen by the seller, then in such case, the seller is known to please the customers as well as the shareholders, i.e., multiple priorities.
Therefore, the option C holds true and states regarding the significance of a pricing method.
Learn more about a pricing method here:
https://brainly.com/question/17378094
#SPJ2
a_____strategy views the world as one market and uses standardized products and advertising worldwide.
A global strategy views the world as one market and uses standardized products and advertising worldwide.
Some businesses' worldwide operations have advanced to the point where they virtually treat the entire world as one market with just minor changes for each nation or global region. We refer to this as a worldwide strategy. For instance, Gucci, a premium goods brand, effectively sells the same things worldwide.
You may come across references to other types of "global strategy" in a variety of publications and academic papers. You will, for instance, encounter "multi-domestic methods." These can be studied in their context and are helpful. However, the three methods mentioned above cover the majority of options.
Even if a company has a worldwide plan, it takes a long time to establish and costs a lot of money. It requires several millions of dollars in addition to a lot of managerial time and skill. For instance, Coca-Cola spent many years building up to where it is today in the global soft drink market.
To know more about global strategy:
https://brainly.com/question/29376574
#SPJ4
An employee:
works for someone else
O takes the risk of a business venture
sets financial goals for the business
sets nonfinancial goals for a business
Answer:
works for someone else
Explanation:
An employee is someone hired to offer labor services to their employers. The employers may be an individual, a private organization, or the governments. Employees earn wages, salaries, and other benefits provided by the employer in exchange for their labor services.
Employees do not assume any risks as the business owners do. Their role is to fulfill their mandate as instructed by the employers. Employees assist the employer in accomplishing their business vision.
Kate was turned down for a job because of a bad credit report. The creditor is required to give her the name of the credit bureau that supplied the report, according to
the:
Fair Credit Reporting Act.
Fair Credit Billing Act.
Truth in Lending Law.
Equal Credit Opportunity Act
The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.
The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.
First, complete the table below
A hexagon is a polygon possessing six sides and angles. It exemplifies the traits of a regular polygon, signifying that each of its six sides measures identical lengths, while the measurment of all angled corners comprise an equivalent value (120 degrees per angle).
How to explain the shapeIt should be noted that to determine the area of a regular hexagon with regards to its side length s, refer to this formula: A = (3√3/2) × s^2.
A heptagon consists of seven pointed angles protruding from its center as well as encompassing its circumference using an equal count of respective sides attached to each corner. Such shapes can form in either regular or irregular states, however, only when uniformly oriented are they deemed "regular."
Learn more about hexagon on
https://brainly.com/question/15424654
#SPJ1
During the current year, merchandise is sold for $21,100 cash and $341,700 on account. The cost of the merchandise sold is $217,200. What is the amount of the gross profit
Answer:
$235,900
Explanation:
i hope she is your answer
The gross profit is $145,600. A company's gross profit is equal to its total sales less its total cost of products sold. Total sales include all goods sold by the company.
What are COGS?The total amount your company paid as a cost directly tied to the selling of products is known as the cost of goods sold. Depending on your industry, this could include resale products, raw materials, packaging, and direct labor associated with making or selling the product.
Given
Cash Sale = $21,100
Credit Sale = $341,700
COGS = $217,200
Required to Calculate the amount of the Gross Profit =?
Gross Profit = Sales - COGS
Gross Profit = 341,700 + 21,100 - 217,200 = $145,600.
Thus, the gross profit is $145,600. On the surface, a gross profit margin ratio of 50 to 70% appears to be healthy, and it is for many types of businesses, including retailers, restaurants, manufacturers, and other goods makers.
Learn more about Gross Profit here:
https://brainly.com/question/18567528
#SPJ2
What step of the scientific method involves a cosmetologist trying to determine what is behind a clients issue that needs to be addressed? 
A) Identify the problem
B) Develop the explanation
C) Predict future events
D) Test predictions
I’m so stuck on this question cause I would say all of above but there is no selection for that so I just want a second opinion.
Answer:
A) Identify the problem is the correct answer.
Explanation:
The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:
Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.
Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.
Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.
Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.
Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.
Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.
Bryant Manufacturing produces its product in two sequential departments. During October, the first process finished and transferred 300,000 units of its product to the second process. Of these units, 60,000 were in process at the beginning of the month and 240,000 were started and completed during the month. At month end, 40,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that all direct materials are added to products when processing begins.
Multiple Choice
280,000.
240,000.
340,000.
300,000.
200,000.
The number of equivalent units of production for direct materials for the first process in October, using the FIFO method, is 280,000 units. Option A.
To calculate the equivalent units of production for direct materials using the FIFO method, we need to consider the units that were completed and transferred out during the month and the units that are still in process at the end of the month.
In this case, 240,000 units were started and completed during the month. These units are considered fully processed and are counted as equivalent units.
Additionally, 40,000 units were in process at the end of the month. These units are partially processed and need to be accounted for.
Therefore, the total equivalent units of production for direct materials for the first process in October, using the FIFO method, is:
Equivalent Units = Units completed and transferred + Units in process
Equivalent Units = 240,000 units + 40,000 units
Equivalent Units = 280,000 units
Thus, the correct answer is 280,000. SoOption A is correct.
For more question on equivalent visit:
https://brainly.com/question/29754038
#SPJ8
The technique used to conclude about the population on the basis of a sample is called
How much did Liz receive?
Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.
In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.
So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.
For more question on discount
https://brainly.com/question/29869380
#SPJ8
What is the minimum requirement to enroll in an open college?
A. 17 on the ACT
B. 1000 on the SAT
C. There is no requirement.
D. 2.0 GPA
Answer is C.
Answer:
c. there is no requirement
In management, scholars argue that,1 + 1 = 10. Do you agree? Explain.
Answer:
I disagree.
Explanation:
Scholars may argue that 1+1= 10. But in fact if you do simple addition, 1+1 is 2. Not 10.
which of the following are largely responsible for pushing prisons beyond their breaking points? select all that apply.
The John Howard (1726–1790), an English humanitarian of the 18th century, is often regarded as the founder of jail reform. Although the war on drugs had significantly increased incarceration.
Three humanitarian continue to have an impact on it: excessive policing in underserved and vulnerable groups, the harsher sentences for infractions, and never-ending restrictions after release. To make prisons more compassionate and reformatory, reformers in the nineteenth century relied on prior incarceration. The four English jail reformers John Howard, George Onesiphorus Paul, Elizabeth Fry, and John T. Burt are the subject of this exhibition, which spans the eighteenth and nineteenth centuries.
T learn more about incarceration, click here.
https://brainly.com/question/14300869
#SPJ4
The worst crash rate involving fatalities is in the age group of drivers ...
A. ages 21 to 25.
B. ages 19 years old and younger.
C. ages 75 and older.
Answer:
The age group with the most fatal crashes is drivers between the ages of 25 and 34. There are nearly 1,000 more deaths per year among 25- to 34-year-olds than drivers under 25.
The age group with the worst crash rate involving fatalities is generally the 19 years and younger group. This is largely due to factors like inexperience and risk-taking behavior. However, statistics can vary and elderly drivers can also have higher crash rates.
Explanation:Based on statistical data, the age group with the worst crash rate involving fatalities is typically B. ages 19 years old and younger. This is often due to a combination of inexperience, risk-taking behavior, and lack of maturity. However, it's important to note that numbers can vary slightly depending on the region and the specific year being considered. It's also worth mentioning that older drivers, specifically those ages 75 and older, can also have higher crash rates due to factors such as declining health conditions and slower reaction times.
Learn more about Driver Fatality Rates here:https://brainly.com/question/33715227
#SPJ2