Answer
$31,000
Explanation:
(c) $31,000
Explanation:
As per IRS for Earnings of Clergy, A licensed, commissioned, or ordained minister who performs ministerial services as an employee may be able to exclude from gross income the fair rental value of a home provided as part of compensation (a parsonage) or a housing allowance provided as compensation if it is used to rent or otherwise provide a home. In order to be able to exclude the housing allowance from income, the minister's employing organization must officially designate the housing allowance as such before paying it to the minister.The fair rental value of a parsonage or the housing allowance is excludable only for income tax purposes, and not for Self-employment tax purpose.
In the given case, the church did not designate any of Luke's salaries as a housing allowance. Hence it is not deductible from Gross Income for Income Tax Purposes and irrespective of designation or not, it is not deductible for self-employment tax.
Thus, Full salary of Luke i.e $31,000 must be included when figuring net income for self-employment tax.
Answer:
Acceleration, a = 28m/s²
Explanation:
Given the following data;
Initial velocity, u= 150m/s
Final velocity, v = 10m/s
Time, t = 5secs
To find the acceleration;
Acceleration, a = (v-u)/t
Substituting into the equation, we have;
Acceleration, a = (150-10)/5
Acceleration, a = 140/5
Acceleration, a = 28m/s²
Therefore, the acceleration of the drag racer is 28m/s².
Answer:
Sense of independence
Explanation:
Basically Kenneth is writing a draft and signing it. The client, will probably change some (if not most) of Kenneth's article, specially any part where Kenneth might criticize the restaurant's service or exaggerate any good service provided by the restaurant. The content of the article itself will be determined by the client.
Kenneth should be independent and impartial when writing an article critique, since writing what the restaurant wants is simply advertising. Sadly this is very common on certain industries, that is why all the movies are excellent or the best of all times, no matter how bad they are.
Answer:
The answer to this question is c. Kathy has to pay based on a quasi contract.
Explanation:
Based on the scenario displayed above Kathy has to pay based on a quasi contract.
A Quasi contract is a contract that is created by a court order, not by an agreement made by the parties to the contract. For example, quasi contracts are created by the court when no official agreement exists between the parties, in disputes over payments for goods or services
In this case there has not been an official agreement between Kathy and the hospital, However she has to pay the bill presented to her based on Quasi contract which is created to prevent an individual to be unjustly enriched or from benefiting from the situation when he/she does not deserve to do so.
Hence the answer is c. Kathy has to pay based on a quasi contract.
Answer:
A. the markets cannot be allocationally efficient
Explanation:
If the U.S. capital markets are not informationally efficient, the markets cannot be allocationally efficient
