$4099 is the amount, Jennifer must include in her gross income for federal income tax purposes.
<h3>What is the difference between income and gross income?</h3>
The amount of money earned in a fiscal year before taxes are referred to as annual gross income. The sum of cash you earn in a fiscal year after certain deductions is your annual net income.
Given
Capital Gain = $4000
Interest earned = $99
Required to calculate Gross income for tax purposes =?
Gross income for tax purpose = $4000 + $99 = $4099
Employee's gross pay is what they earn before taxes, benefits, and other payroll deductions are deducted from their pay. Net pay, also known as take-home pay, is the amount left over after all withholdings are deducted. Their gross income for Jennifer includes capital gain and interest she earned on it.
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Answer:
A. any distractions that reduce the effectiveness of the communication process
Explanation:
Noise is the disturbance occurs between the sender and the receiver or the sender and the audience through which the distractions of the persons could occur
With the presence of the noise, it is very difficult to communicate with someone as there is a chance of miscommunications that reflects the reduction in the effectiveness of the communication process. It can be in terms of the sound of the machine, a mental disturbance, etc
Answer:
The correct answer is letter "C": does not have physical substance, yet often is very valuable.
Explanation:
Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.
Answer:
Historically, stocks have delivered a higher return on average compared to Treasury bills but have experienced higher fluctuations in values.
Explanation:
Buying a share of stock means purchasing a share of ownership in a company but when you buy a Treasury bill, you are making a loan to the U.S. government. Due to the higher risk associated with stocks, they traditionally provide a much higher return than Treasury bills.
Answer:
The correct answer is A
Explanation:
Dividend is the amount of money or a payment which is made through the corporation or business to its shareholders, mostly as a distribution of profits. When the business or corporation have profits or the surplus, then the business is able to re- invest the profit further and then pay the proportion of the profit as the dividend to the company shareholders.
So, in this case, Alexandra who received 100 additional on the stock is the distribution of profit, which is called as dividends.