1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
3 years ago
10

Freda is a cash basis taxpayer. In 2019, she negotiated her salary for 2020. Her employer offered to pay her $21,000 per month i

n 2020 for a total of $252,000. Freda countered that she would accept $10,000 each month for the 12 months in 2020 and the remaining $132,000 in January 2021. The employer accepted Freda’s terms for 2020 and 2021. a. Did Freda actually or constructively receive $252,000 in 2020? b. What could explain Freda’s willingness to spread her salary over a longer period of time? c. In December 2020, after Freda had earned the right to collect the $132,000 in 2020, the employer offered $133,000 to Freda at that time, rather than $132,00
Business
1 answer:
nataly862011 [7]3 years ago
4 0

Answer:

A. N0

B. She may likely bargain for the payments that was reason been that she expects the payments to be in a lower marginal tax bracket in 2021

C. NO

Explanation:

a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that

is not constructively received in 2019 and the reason why the amount was not received was because been under the main contract terms she did not have the sole right to receive the income in the year 2020.

b. Freda's willingness to spread her salary over a longer period of time may be due to the fact that She may likely bargain for the payments reason been that she expects the payments to be in a lower marginal tax bracket in the year 2021

c. Based on the information given she is NOT in constructive receipt of the income in the year 2020.

You might be interested in
Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit
Sidana [21]

Answer:

A

Explanation:

Direct sales

3 0
3 years ago
If a student attends every management science class, the probability of passing the course is 0.80; but if the student only atte
goldfiish [28.3K]

Answer:

EV of node 4 = 0.6×5 + 0.4×0 = 3

EV of node 5 = 0.1×5 + 0.9×0 = 0.5

EV of node 2 = (0.8×5 + 0.2×EV of node 4) - 3

EV of node 2 = (0.8×5 + 0.2×3 ) - 3

EV of node 2 = 4.6 - 3

EV of node 2 = 1.6

EV of node 3 = (0.5×5 + 0.5×EV of node 5) - 1

EV of node 3 = (0.5×5 + 0.5×0.5 ) - 1

EV of node 3 = 2.75 - 1

EV of node 3 = 1.75

EV of node 3 is higher, therefore, best attend pattern is to attend randomly.

4 0
3 years ago
Reasons for the high cost of many application packages​
sdas [7]

Answer:

Poorly designed materials storage and packaging lines. Long packaging process times. Paying for box dimensions rather than product dimensions. Ineffective packaging materials that allow damage. Inefficient manufacturing models. Failing to optimize packaging.

4 0
3 years ago
Read 2 more answers
Since its creation in 1944, the role of the imf in the monetary and finance structure has been to?
Sonbull [250]

The functions of the International monetary system in the financial and finance structure have been to help developing international locations address a variety of economic and financial crises / create an orderly worldwide financial gadget/assist participants with the stability of bills troubles on a short-term basis

The worldwide financial Fund (IMF) works to attain sustainable growth and prosperity for all its one hundred ninety member nations. The IMF was mounted in 1944 in the aftermath of the great despair of the Nineteen Thirties. 44 founding member international locations sought to construct a framework for global economic cooperation. nowadays, its membership embraces one hundred ninety international locations, with a workforce drawn from 150 nations.

The IMF monitors the worldwide financial system and international economic traits to perceive dangers and suggest regulations for boom and monetary stability. The Fund also undertakes an ordinary health check of the monetary and financial guidelines of its one hundred ninety member international locations.

The IMF's primary reason is to make certain the stableness of the global economic gadget—the device of change quotes and worldwide payments that allow nations and their residents to transact with every other. The IMF employs three principal functions – surveillance, financial assistance, and technical help – to sell the steadiness of the worldwide economic and monetary device.

Learn more about the International monetary system here:

brainly.com/question/27960880

#SPJ4

8 0
1 year ago
Suppose the consumer confidence index increases from 103 to 146. How does this change effect the AD/AS model
Darina [25.2K]

The AS curve shifts to the left.

The Consumer Confidence Index is an economic indicator published by various organizations in several countries. Simply put, rising consumer confidence is an indication of the economic growth that consumers are spending and an increase in consumption.

When the latest index exceeds 100, consumers will be more confident than in 1985. Below 100, consumers are less confident than they were then.

Consumer confidence is an economic indicator. It measures how confident consumers are about the general state of the economy. It also measures how confident people are about income stability. Their self-confidence influences not only their financial decisions but their spending activities.

Learn more about the consumer confidence index here:brainly.com/question/25122933

#SPJ1

8 0
2 years ago
Other questions:
  • Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
    11·1 answer
  • In monopolistic competition, if a firm advertises and effectively raises consumer awareness of its product, it tends toA) lower
    10·1 answer
  • When an eyewitness to an auto accident is asked to describe what happened, which test of memory is being used?
    5·1 answer
  • Brian and Leslie have made an offer on Rudy and Judith's home. The first offer was rejected by the sellers. Brian and Leslie mad
    10·1 answer
  • Consider the following bond quote: a municipal bond quoted at 101.25. If the municipal bond has a par value of $5,000, what is t
    9·1 answer
  • Consider the following account balances (in thousands) for the Peterson Company.
    14·1 answer
  • Linda Day George Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an una
    5·1 answer
  • In 1976, ron wayne sold his 10% ownership of which company for $800? walmart
    5·1 answer
  • Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2021, and charged the $4,200 premium t
    15·1 answer
  • Doris lewis owns lewis edibles, inc., a company that makes tongue tinglin' bbq sauce. she wants to target local people who like
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!