Answer:
B. $2,300.
Explanation:
The computation of the ending inventory using FIFO method is given below:
Since there are 5 diamonds and one is sold
So, the ending inventory units should be
= 5 - 1
= 4
Now the ending inventory be
= 2 × $600 + 2 × $550
= $1,200 + $1,100
= $2,300
Hence, the option b is correct
Answer:
a. Is Catherine eligible for the foreign income exclusion for 2020?
Yes
b. Catherine may exclude <u>$45,104</u> from her gross income for 2020.
Explanation:
In order for Catherine to qualify for the foreign income exclusion, she must have lived in a foreign country for at least 1 one (physical presence test). She lived for more than 1 year if we combine her residence in Germany and Slovenia.
The foreign income exclusion amount for 2020 is $107,600, and Catherine can exclude up to (153 days / 365 days) x $107,600 = $45,103.56 ≈ $45,104.
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
As a database administrator, the data dimensions I would describe to top-level managers to obtain their support for data administration would be these.
First of all, the imperious necessity of protecting the information of the company and the clients'. Security comes first. Then the technological aspects to have modern equipment and software to facilitate the operations in the company. System DBA's are necessary to have applications that serve to merge old information into new databases without affecting the actual data. Then to have a proper cluster in which the company can manage different procedures such as finances, accounting, field operations, and more, knowing that data is properly stored and easily accessible.
Answer:
False.
Explanation:
Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.
So, Individual culture traits combine to form the next level – culture complexes.
And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.
