Answer:
was it a passage u had to read?
Explanation:
Answer:
Gift Tax GSTT
Explanation:
In such a scenario, Grandma and Grandpa Generoushave a current liability to the Gift Tax GSTT. This tax rate applies to Grandma and Grandpa Generous because the gift exceeds the limit per individual for gifting and because they have exhausted their lifetime gift-tax exemption. Meaning that they have to pay taxes on this gift of $5.43 million which according to the GSTT guidelines is a fixed rate of 40% of the gift that was given.
Answer:
The answer is D. Deflating nominal income for inflation.
Explanation:
Real income is how much money an individual or entity makes after accounting for inflation. it is the income of an individual or a nation after adjusting inflation. It is calculated by dividing nominal income by the price level.
Hence we can say real income is determined by Deflating nominal income for inflation
The ability to perform more than one complex encoding tasks simultaneously demonstrates the importance of automatic processing. Automatic processing does not require attention to be paid and deliberately to be put in effort. Something that is done <span>without giving it any thought is automatic processing. </span>
Answer:
Period costs are expensed when incurred and Period costs do not flow through the inventory accounts.
Explanation:
Period Costs are not included in the valuation of the product and these mostly include all non-manufacturing costs. They are included as an expense in the period in which they are incurred.
