Answer:
the available options of the question are,
A) investing
B) essential
C) financing
D) operating
E) entertainment
and the correct answer is B) essential.
Explanation:
if you look at this question, you can see clearly that matt lives in an apartment and not in his own place, so if he continues to live their, he must pay. this is because there is an agreement between him and the owner of the apartment and this agreement is valid and can be enforced by the law.
of he does not pay, the owner can get rid of him after giving him a notice within a fair time limit.
because of this, this action can be regarded as an "essential" one. or in other words, a must do for matt to have a roof over his head.
Answer:
D) $7,200 current-year deduction; $300 carryover
Explanation:
Remsco's total modified taxable income for the year = $60,000 (net income) + $12,000 (dividends received deductions) = $72,000
Corporations can deduct charitable contributions up to 10% of their total modified taxable income for the year:
$72,000 x 10% = $7,200
since the contributions made during this year exceeded the limit by $300, that will be the amount of the carryover for future years.
* Modified taxable income is the taxable income determined without regard to any base erosion tax benefit, i.e. total taxable income including any deductions made like DRD
Answer:
The correct answer is letter "A": 30.
Explanation:
Adequate Assurance is requested after a contract was signed by two parties by one of the parties has doubts the other will be able to fulfill the demands of the agreement. In such cases, the doubting party can send in writing the request for confirmation to the other party involved and if the second party does not provide a response within 30 days the initial contract is considered repudiated.
Thus, <em>Barney has 30 days from the date Sam Seller requested an Adequate Assurance of Performance to respond.</em>
Answer:
if each taxpayer paid the same lump-sum amount regardless of income level, the tax system would be: group of answer choices regressive. proportional. disproportionate. progressive.Franklin reviews financial data of a company to ensure accurate and complete information. Which job title does he most likely have?
Financial Manager
Accountant
Credit Analyst
Auditor
Explanation:
Answer:
A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.
Explanation:
The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.
