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11111nata11111 [884]
3 years ago
8

Laura and Leon were granted a divorce in 2013. In accordance with the decree, Leon made the following payments to Laura in 2018:

Child support payments contingent on the age of the child $4,000 Annual cash payments, other than child support, specified as alimony in the divorce agreement $6,000 How much should Laura include in her 2018 taxable income as alimony?
Business
1 answer:
antoniya [11.8K]3 years ago
6 0

Answer:

$12,000 plus tax money

Explanation:

I don't know this but I am always trying to help. she will get $12,000 combined and also more money because of plus the money she will get with taxes.

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On August 1, 2021, Trico Technologies, an aeronautic electronics company, borrows $19.7 million cash to expand operations. The l
Elena-2011 [213]

Answer: Please see answers in explanation ncolumn

Explanation:

Journal entry for Trico Technologies

1) To record issuance of notes

Date             General Journal        Debit          Credit

Aug 1st 2021    Cash                 $19,700,000  

                           Notes Payable                           $19,700,000

Adjustment for Interest

= Principal x rate x time ( from August to December 31st)

$19,700,000 X 9% X 5/12=$738,750

To record accrual of interest at Year end.

Date             General Journal        Debit           Credit  

Dec 31st,2021   Interest expense $738,750

Interest payable                                                           $738,750

3. Record Payment of Note at maturity

Date             General Journal        Debit           Credit  

Jan 31st,2022     Notes payable      $19,700,000

Interest Expense   $147,750

Interest payable                                  $738,750

Cash $20,586,500

Interest Expense  =Principal x rate x time ( the remaining one month

$19,700,000 X 9% X 1/12=$147,750

8 0
2 years ago
washington enterprises had net income of $1,000,000, invested $150,000 in fixed assets, paid $50,000 in dividends, and took depr
zhuklara [117]

Washington enterprises had a net income of $1,000,000, invested $150,000 in fixed assets, paid $50,000 in dividends, and took depreciation expense of $80,000 the free cash flow was $9,30,000

Free Cash Flow is the cash an agency generates after taking into account coins outflows that help its operations and maintain its capital assets. In different phrases, unfastened cash goes with the flow of the cash left over after an organization will pay for its running prices and capital fees.

To calculate free cash flow use the formula:

Free cash flow = Net income + Depreciation - Fixed capital

Given,

Net income = 10,00,000

Depreciation = 80,000

Fixed capital = 1,50,000

Putting the values in the formula

Free cash flow = 1000000 + 80000 - 150000

Free cash flow = $9,30,000

Free Cash Flow measures an organization's financial overall performance. It suggests the coins that a corporation can produce after deducting the purchase of property together with assets, devices, and different most important investments from its operating cash flow activities.

Learn more about Free cash flow here brainly.com/question/15848997

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7 0
2 years ago
a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resou
aleksley [76]

A cash cow is a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to <u>finance new acquisitions, fund share buyback programs, or pay dividends.</u>

What is portfolio?
A portfolio is a group of financial investments such as stocks, bonds, commodity markets, cash, and cash equivalents, which may include closed-end funds and exchange traded funds (ETFs). People commonly believe that stocks, securities, and cash form the foundation of a portfolio. While this is frequently the case, it does not have to be the rule. A portfolio may include a diverse range of assets, such as real estate, art, and investments.

You can hold and manage your portfolio a do, or you can have it managed by a money manager, money manager, or another finance professional.

Therefore, the correct option is (B) cash cow
To learn more about portfolio
brainly.com/question/25929259
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7 0
1 year ago
George is paid for holidays, sick days, vacation, personal days, and jury duty. these are his _____. paid leave benefits insuran
MariettaO [177]
I think the correct answer from the choices listed above is the first option. <span>George is paid for holidays, sick days, vacation, personal days, and jury duty. These are his paid leave benefits. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
Read 2 more answers
If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stre
Dafna1 [17]

If the midlands pencil corporation has issued several different debt securities, an investor would expect the lowest income stream from <u>convertible debentures.</u>

Convertible bonds have many positive attributes for investors, but the main drawback is that investors accept lower interest rates in exchange for these benefits.

Convertible debentures are fixed rate debentures that pay interest but can be converted into a specified number of ordinary shares or shares. Conversion of a bond into equity may occur at certain times during the life of the bond and is generally at the discretion of the bondholder.

Due to this logic, a convertible bond allows the issuer to indirectly sell its common stock at a price higher than its current price. From a buyer's perspective, convertible bonds are attractive because they offer the opportunity to capture the potentially high yields associated with equities, but also the security of bonds.

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3 0
1 year ago
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