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juin [17]
3 years ago
5

As a result of a divorce settled in 2017, a taxpayer received the following during the current year: Child support $12,000 Alimo

ny $5,000 Cash related to property settlement $2,000 What amount, if any, must be included in gross income for the current year?
Business
1 answer:
Dvinal [7]3 years ago
5 0

Answer:

$30,000 is the correct answer.

Explanation:

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Which of the following steps of the strategy development process for exports involves performing market research and interpretin
vfiekz [6]

Answer:

the correct answer is

a. identification of a potential market

5 0
2 years ago
Accounts payable: Select one: a. Are amounts owed to suppliers for products and/or services purchased on credit. b. Are long-ter
Nutka1998 [239]

Answer:

The correct answer is letter "A":  Are amounts owed to suppliers for products and/or services purchased on credit.

Explanation:

Accounts Payable is the amount of the total invoices currently awaiting payment by the company. These invoices are from suppliers of products and services that have recently been delivered. They are usually due within 15, 30 or 45 days after receiving the invoice from the vendor.

6 0
2 years ago
If there are 10 job losers, 12 job leavers, 13 reentrants, and 12 new entrants, then there are __________ unemployed persons.
nika2105 [10]
<span>Each of these categories adds to the overall unemployment total. In this case, we would add all four values to find the total number of unemployed persons. (10+12+13+12) gives a total of 47 unemployed persons in the pool. Re-entrants and new entrants might sound like they are not unemployed, but these terms, per BLS definitions, are not yet employed so they do not leave the "unemployed" ranks.</span>
8 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,393,000. Cost of goods sold, administrative and selling expenses, and deprecia
BigorU [14]

Answer:

Cash obtained From Bank $588,100

Explanation:

Lets Solve it By Cash Flow Method To find out Amount of Debt Acquired During the Year.

Cash Inflows

Sales                                                 2393000

Out Flow

Cost of Goods Sold                         (1432000)  Assuming total purchases were made during the year  

Depreciation                                       -               Non-Cash Item

Admin Expense                                 (435700)  Cash Expense

Selling Expense                                 (490700)   Cash Expense

Interest Expense                                (215700)    

Net Inflow/(Outflow)                            (181700)   Net outflow

Dividend Paid                                      (407000)

Total Cash obtain form the bank      (588100)      i.e 181700+407000

To make the payments.  

Assuming that there were no cash at start of the year.

4 0
2 years ago
What was not a result of the economic policies of the irish government in the late 1990s?
Evgen [1.6K]
In the early 1990's, Ireland was a poor country. There was a high case of poverty, unemployment, and inflation. Free education was offered in the mid 1990s which produced entrepreneurs. The economic policies of the Irish Government in the late 1990s resulted in the rapid growth of the economy.
3 0
3 years ago
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