Answer:
B) The State Disability Insurance (SDI) program benefits received for a period of disability are not taxable as income, but benefits received for time off under the Paid Family Leave program are federally taxable as income.
Explanation:
Disability insurance benefits are not reported for tax purposes with one exception. If a person are receiving unemployment insurance benefits,
become unable to work due to a disability, and begin receiving disability insurance benefits, your disability insurance benefits are considered a substitution for your unemployment insurance benefits, and will then be reported for tax purposes.
If disability insurance benefits are reported, a notice will accompany the first benefit payment sent to you advising that the benefits are being reported to the Internal Revenue Service. The employment development department will provide you with a 1099G tax form in January showing the reported amounts paid and forward a copy to the Internal Revenue Service.
Paid family leave benefits are reported for federal purposes but not state tax purposes.
Paid family leave benefits are not taxable or reported to the California State Franchise Tax Board.
Answer:
If volume reaches 500 units, net income will be: $715
Explanation:
When volume of sales was at 400 units:
Selling price per unit = Sales Revenue/400 = $1,600/400 = $4
Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75
If volume reaches 500 units:
Total Sales Revenue = $4 x 500 = $2,000
Variable Cost = $1.75 x 500 = $875
Fixed Cost will not change = $410
Net income = Total Sales Revenue - Variable Cost - Fixed Cost = $2,000 - $875 - $410 = $715
Complete/Correct Question:
Intangible assets derived mostly from human capital are on the rise, according to the advisory firm Ocean Tomo. A study of the Standard and Poors' 500 index from 1975 to 2015 demonstrated a 17 percent increase in market value of intangible assets over this time period. Companies such as Stryker get 70 percent of its value from intangibles. Intangible assets are
A. equipment.
B. land.
C. money.
D. Non-physical.
Answer:
D, Non physical
Explanation:
Intangible assets are assets that that cannot be seen with the eyes. That is, intangible assets are assets that are not physical in nature. This means that it can't be seen or touched, etc.
Intangible assets usually comprise of goodwill, brands, patents, etc.
In the case of the question, back in time, say the 20th century, managers or officers usually placed their concentration on tangible assets such as land, equipment, etc. But as time went on, intangible assets like they are mentioned above, intangible assets began to be considered.
Cheers.
Answer:
If a firm is hiring inputs under purely competitive conditions, then any level of output will be produced with the least-cost combination of resources A and B when:_____.
A
Investors who wish to liquidate their holdings in a closed-end fund may sell their shares on the open market.