Answer:
C) None of the $5,000 should be included in gross income.
Explanation:
During 2016, Sarah's itemized deductions (other than the stolen silverware) were only $2,000. If Sarah wanted to deduct the stolen silverware, she could have taken a casualty loss = $6,000 - $100 - $3,000 = $2,900. Her total itemized deductions would equal $2,000 + $2,900 = $4,900.
But during that year, Sarah should have opted for a standard deduction of $6,300 which is higher than her itemized deductions. That means that Sarah didn't claim any deduction for her silverware, so any money received from the insurance company should not be included in her gross income.
D. Chex systems
The first 3 are the major ones.
Answer:
given the nature of the product and target audience, because advertising to target the audience and the public relations, and also the the direct marketing. .
Explanation:
Answer:
1. Increase in real income percentage = 1.5%
2. Rate of inflation = 1.7%
Explanation:
For computing the percentage of how much real income would increase, we have to apply the formulas which are shown below:
The increase in real income percentage would be equal to
= increase in nominal income percentage - increase in price level percentage
= 5.3% - 3.8%
= 1.5%
And, the rate of inflation equals to
Nominal income - the rate of inflation = Real income
2.8% - rate of inflation = 1.1%
So, the rate of inflation = 1.7%
Answer:
Explanation:
You will need:
pens, paper, pencils, folders, notebooks, shoes and clothes for school
Your wants would be:
the air jordan shoes instead of the walmart brand.
A colorful 3d folder or notebook instead of the generic plain ones
a 5 dollar pen or pencil when you can get 12 for a dollar
Needs would be very basic items
wants are usually much more expensive
