1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
3 years ago
7

Cassie is preparing her federal income tax return. Which of the following items should be excluded from Cassie's gross income?

Business
1 answer:
Masja [62]3 years ago
8 0

Answer:$100,000 in cash received by Cassie when her grandmother died.

Explanation: In preparing federal income tax return, there are some income that are excepted from tax and they include:

1. Any payment received as an inheritance

2. Cash gift for the purchase of a property

3. Income received as compensation for loss.

4. Income earned outside the taxing jurisdiction.

You might be interested in
John, a product manager, ensures that his team has regular meetings and no team member is absent during the meetings. He also en
Brums [2.3K]

Answer:

Cohesiveness

Explanation:

By getting his team to work together and also attend meetings regularly, John is attempting to increase his team's cohesiveness.

This is because all of the activities that John is getting his team involved in is to ensure they work together and get used to each other, be comfortable around each other and understand each other. When all of these aforementioned are imbibed by the team members, the team would have a close bond which in turn will increase the efficiency and productivity of the team.

I hope this helps.

3 0
2 years ago
An investor purchased 50 shares of stock in a company in 2015. At the time the investor purchased the stock, the value of the st
frutty [35]

Answer:

$75

Explanation:

$5 to $6.5 is a 1.3% increase and if the investor bought 50 shares of $5 he bought a total of $250 worth of stock. If you multiply the $250 by 1.3% it will be $325. But the question asks for the capital gain so you would subtract $325 and $250 which is $75.

3 0
2 years ago
"Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividen
yuradex [85]

Answer:

Dividends per share is $1.66

Book value per share is $44.36

Market-to-book ratio is 1.42

Price-earnings ratio is 32.54

Price-sales ratio is 1.97

Explanation:

1 ) What are dividends per share?

Dividends per share = cash dividends/ number of shares = $183,000/ 110,000 = $1.66

2) What is the book value per share?

Book value per share = total equity/ number of shares = $4,880,000 / 110,000 = $44.36

3) If the stock currently sells for $63 per share, what is the market-to-book ratio?

Market-to-book ratio = $63/ $44.36 = 1.42

4) What is the price-earnings ratio?

The price of Makers Corp. = market price * number of shares = $63* 110,000 = $6,930,000

Price-earnings ratio = $693,000/ $213,000 = 32.54

5) If the company had sales of $3.52 million, what is the price-sales ratio?

Price-sales ratio = market price/ sales = $6,930,000/ $3,520,000 = 1.97

6 0
3 years ago
What are possible problems that can happen when karst aquifers are refilling during storms?
sergij07 [2.7K]
Are the formal of te lands that can use shush and the baby one is the
8 0
3 years ago
When paid interest is started as a dollar amount is called​
Igoryamba

The answer is Finance

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following is NOT a role of production and distribution in a company?
    12·1 answer
  • One of the other employees in your department department did not show up for work he will not be coming in today no one will be
    6·2 answers
  • If the interest is compounded semiannually, look up on the chart half the rate and twice the years. If the interest is compounde
    9·1 answer
  • Which neca committee is responsible for the production of the magazine the quality connection?
    13·1 answer
  • The federal government wants more people to buy hybrid or electric cars. Currently, they are more expensive than cars fueled by
    5·1 answer
  • Which of the following statements is​ FALSE? A. When computing the incremental earnings of an investment​ decision, we should in
    11·1 answer
  • ​which one of these is a correct definition? ​current liabilities are debts that must be repaid in 18 months or less. ​current a
    12·1 answer
  • Cortina Company accumulates the following adjustment data at December 31. Indicate (1) the type of adjustment (prepaid expense,
    5·1 answer
  • You are given the following information concerning Around Town Tours:Debt: 7,500, 6.8 percent coupon bonds outstanding, with 11
    11·1 answer
  • Millie is a buyer who has given her agent an earnest money check for $10,000 with an offer to purchase. when will the check be d
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!