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Llana [10]
2 years ago
15

The taxpayer incorrectly took a $5.000 deduction (eg, incorrectly calculated depreciation) in 2018 and as a result his taxable i

ncome was reduced by $5.000. The taxpayer discovered his error in 2019. The taxpayer must add $5,000 to his 2019 gross inceme in accordance with the tax benefit rule to corect for the 2018 error. (CSLO 1, CSLO 2) True False
Business
1 answer:
yuradex [85]2 years ago
6 0

The taxpayer must increase his 2019 gross income by $5,000 in accordance with the tax advantage rule to make up for the 2018 calculation error. This statement is false.

<h3>What various forms of income tax are there?</h3>

The two types of taxes are direct tax and indirect tax. The term "direct tax" refers to taxes imposed on earned income. Income tax is a great example of direct taxation. The government imposes an indirect tax on a taxpayer in exchange for the goods and services they offer.

<h3>The person who pays income taxes is?</h3>

Income taxes are levied on several types of income, including wages and salaries, investment income, and others. Payroll taxes, which sustain Social Security, are the second-largest source of federal revenue.

To learn more about Income Tax here:

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which option is the best practice to avoid disruptions in productivity? set your status presence as unavailable when you need to
frozen [14]

In this article, we go over the main interruptions we have during the course of the workday and how to prevent them to increase productivity.

<h3>What does a disruption strategy entail?</h3>

Christensen defines disruptive innovation as the process by which smaller organizations with fewer resources challenge established or incumbent businesses by fulfilling an unmet market need in the online course Disruptive Strategy.

<h3>What are the four disruption capacities?</h3>

The innovation pattern for technology products can be broken down into four stages rather than the traditional five stages of grief: disruption of the status quo, rapid and linear evolution, alluring convergence, and total reimagination. Any technology or product line can be arranged in this order at any given time.

To know more about avoid disruptions productivity visit:-

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4 0
1 year ago
Griffey Communications recently realized $125,000 in operating income. The company had interest income of $25,000 and realized $
Lana71 [14]

Answer:

A $34340

Explanation:

See attached file

3 0
3 years ago
You invest in various broadly diversified internatioWhich emerging country had the highest percentage growth in market capitaliz
GaryK [48]

Answer:

Columbia; Foreign exchange risk

Explanation:

Foreign exchange risk otherwise known as FX risk or currency risk refers to losses that affects the rate of returns on international investments as a result of currency instability of fluctuations. This is because the US dollar is stronger than most currency and there is little to no fluctuation of the currency which doesn't give a cause for concern on investments.

Columbia has the highest pecentage growth amongst emerging countries in 2000-2011 because of its political stability, investment friendly policies as well a sustained growth rate over the years that have attracted lots of investors.

Cheers.

7 0
3 years ago
Hirshfeld Corporation's stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expect
butalik [34]

Answer:

Expected dividend will be $2.44

So option (b) will be correct option

Explanation:

We have given required rate of return = 10.25 % = 0.1025

Value of stock= $57.50

Growth rate = 6 % = 0.06

We have to find the expected dividend

We know that cost of stock is given by

cost\ of\ stock=\frac{D_1}{r_s-g}, here D_1 is expected dividend r_s is return ratio and g is growth rate

So 57.50=\frac{D_1}{0.1025-0.06}

D_1=$2.44

So option (b) will be correct option

3 0
3 years ago
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment, installed on each e
nadezda [96]

Answer:

Multifactor productivity measure under the new system = 0.91 carts

Explanation:

This can be caculated as follows:

New average carts produced per hour = Old average carts produced per hour * (100% + Percentage increase in the old average carts produced per hour) = 80 * (100% + 25%) = 100

New number of workers = Old number of workers - Number of workers that can be transferred to another department = 4 - 2 = 2

Workers’ wages per hour = $10, or 10

New machine cost per hour for three machines = (Old machine cost per hour per machine * (100% + Percentage increase in the old machine cost per hour per manchine)) * Number of machines = ($20 * (100% + 50%)) * 3 = $90, or 90

Therefore, we have:

Multifactor productivity measure under the new system = New average carts produced per hour / ((New number of workers * Workers’ wages per hour) + New machine cost per hour for three machines) = 100 / ((2 * 10) + 90) = 0.91 carts

3 0
3 years ago
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