Answer: $32000
Explanation:
It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income
Rev. Snider's self-employment income
Therefore, in this case, Rev. Snider's self-employment income will be:
Salary = $20,000
Add: Housing allowance = $12000
Total = $32000
That's unprofessional. Unethical would be if he was a doctor and was sharing private information about his patients or decided not to treat them even though he's a doctor.
Answer:
The average annual growth rate of dividends for this firm is 90.05%
Explanation:
In order to calculate the average annual growth rate of dividends for this firm we would to have to use the following formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
7=1*(1+r/100)^3
(7/1)^(1/3)=(1+r/100)
(1+r/100)=1.9005
r=(1.9005-1)*100
=90.05%(Approx).
The average annual growth rate of dividends for this firm is 90.05%
Answer:
Here the correct option is 1) $0.
Explanation:
Here Daniela will not recognize any gain because in the operating distribution, JRD partnership has not distributed money in an amount that is greater than Daniela's basis in the partnership interest and since a partner will never recognize a loss from partnership distribution , then Daniela will focus on reducing the basis of inventory she has received in the liquidation of her interest.
