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maxonik [38]
3 years ago
11

Frieda is itemizing deductions on her federal income tax return and had $1700 in non-reimbursed work expenses last year. If her

AGI was $76,000, and if non-reimbursed work expenses are deductible to the extent that they exceed 2% of a taxpayer's AGI, how much can Frieda deduct for non-reimbursed work expenses?
A. $34 B. $180 C. $1666 D. $1520
Business
1 answer:
zhenek [66]3 years ago
7 0

Answer:

$180 is the correct answer!!!

Explanation:

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5. A garden plant that has been passed down within a food family and is generally not commercially grown is called a/an _______
madreJ [45]

Answer:

The correct option is D, Heirloom.

Explanation:

A garden Plant that has been passed down within a food family and is generally not commercially grown is called a Heirloom Product. Such garden plants are planted by the gardeners for their own and family use. Such plants are not sold commercially. Generally they are planted to be used within the house. Family members use such plants to make foods.

4 0
3 years ago
Using the following information, what is the amount of net income? Purchases $ 33,114 Selling expenses $ 677 Merchandise invento
NeX [460]

The net income is $32,961

<u>Explanation</u>:

To calculate the net income, we will classify the transaction into income and expenses, and compute the difference between their totals;

Income;

Merchandise inventory Sept. 1     =  $  7,740

Merchandise inventory Sept. 30  = $ 11,372

                                         Sales     =  $ 50,575

                                        Total      =  $ 69,687

Expenses;

Purchases                             = $ 33,114

Selling expenses                  = $     677

Administrative expense       = $     665

Rent Revenue                       = $    1,118

Interest expense                  = $     1,152

Total                                      = $  36,726

Net income = Total income - Total expenses

                    = 69,687 - 36,716

                    = $ 32,961

     

4 0
4 years ago
Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this u
Alborosie

Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this unusual pairing the name stagflation.

Stagflation is a combination of the words ‘stagnation’ and ‘inflation’. It refers to the economic trend where there is rising prices yet high levels of unemployment.

It leads to an intractable situation where policy initiatives to boost economic growth such as expansionary monetary policy worsens the inflation rate, while attempts to rein in inflation has a further dampening effect on the economy. It is often caused by poor economic policies.

Stagflation was observed in the US economy during the oil crisis of the 1970s that caused a major recession. But inflation and unemployment rates were at a high during this time.

To learn more about stagflation : brainly.com/question/11224683

#SPJ4

8 0
2 years ago
Which one of the following should NOT be included in the project analysis of the manufacturing of a new product? A) Change in ne
trasher [3.6K]

Answer:

Option(c) is the correct answer to the given question

Explanation:

The project analysis means finding the cost of project ,project is working properly as the customer need and other factor are used to check the manufacturing of new product.

Following are features of project analysis in the new product

  • Improve in net working capital of associated with the release of a new program.
  • The capital expenditures of a new project which work in the favour of a company's business working capital.
  • The variations in the working capital of a company with or without a specific project.

All the other option are related to project analysis of the manufacturing of a new product that's why they are incorrect according to the question .

3 0
3 years ago
Read 2 more answers
Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stoc
Liono4ka [1.6K]

Answer:

$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.

Explanation:

The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.

Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000

Common stock dividend = $50,000 - $5,000 = $45,000

6 0
4 years ago
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