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seraphim [82]
3 years ago
9

Ginger is a United States citizen who paid the following foreign income taxes: $10,000 tax paid to England on consulting fee inc

ome $5,000 tax paid to Spain on earned income for which she claims the foreign earned income exclusion $1,000 tax paid to France for which she claims the foreign housing exclusion These were Ginger's only sources of income during the year. Her U.S. tax liability was $23,000. What amount of foreign tax credit can she claim on her return
Business
1 answer:
liberstina [14]3 years ago
6 0

Answer:

$0

Explanation:

Ginger has to choose between claiming a tax credit of a deduction for income taxes paid to foreign countries. She has already claimed a $5,000 foreign income exclusion (for taxes paid in Spain), and she has already made the deduction for the $1,000 paid in taxes to France. She can also claim a deduction for the $10,000 paid in taxes to England.

Since she already claimed tax deductions, she can no longer claim a tax credit, it is either one or the other.

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Which of the following tests can be used to detect register disbursement schemes?
malfutka [58]

Answer:

C.

Explanation:

The best test to  detect register disbursement schemes would be to Identify customer sales posted to one credit card and refunds posted to another credit card. This is because a register disbursement scheme is a type of fraud in which the employee replicates an old transaction with a new one while at the same time replacing the transaction type from debit to credit and vice-versa, in order to justify the cash withdrawal.

8 0
2 years ago
A recent annual report for FedEx contained the following data:
Maru [420]

FedEx

Accounts Receivable Turnover

Numerator Net Credit Sales = 35,687 = 9.02 times

Denominator Average Accounts Receivable (4415+ 3495)/2

Average Daily Accounts Receivable Turnover

Numerator Days in 4 Years = 0.365 4 4 = 46 debt turnover ratio of 9.02

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

In personal banking or financial accounting, a credit is an entry indicating that money has been received. Normally, a checking account register has the balance (deposits) on the right and the debits (money spent) on the left. In a loan, all the requested amount is given at once at the time of lending, whereas in a loan, the bank uses the full amount of the loan to give the customer an amount that can be used as needed.

Learn more about Credit here brainly.com/question/26867415

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7 0
1 year ago
What document provides continuity when multiple doctors are working on the same patient?
Mazyrski [523]

Answer:

The correct answer would be B, Client Information Sheet.

Explanation:

When a patient is admitted in a hospital and has multiple ailments, like some kidney problem, heart problem, joints problem, blood pressure, sugar, etc, then there would be multiple doctors or the specialists who see the patient. They all will use a common Client information Sheet and put their reviews and suggestions on that sheet so that other doctors also have a look into that before giving medication to the specific patient. This is because all medicines can be just given to the patient without matching with the other medicines. For example there are some medicines of Blood Pressure that cant be given with the medicines of kidneys. So doctors have to give that medicine which matches the rest of the medicines. So when doctors will see the CIS, they will be able to continue the treatment of the patient with ease. So CIS provides continuity when multiple doctors are working on the same patient.

3 0
3 years ago
Which of the following is the basis for Justice Ginsberg's opinion that Guido and
ira [324]

Answer:2. Which of the following is the basis for Justice Ginsberg's opinion that Guido and Rankin have legitimate grounds for a lawsuit? The district is a public employer, making its size irrelevant. ... The district has already been sued for the same issue by other former employees.

Explanation:

8 0
2 years ago
The Career Cycle gives "10 tips on content and structure" of your resume. As a student, you may not have specific technical skil
bagirrra123 [75]

<u>Answer:</u>  Personal goals and team fit.

<u>Explanation:</u>

As a student I would not have any experience which I can talk about at the job interview. It is important that I show case my personal goals which are short term and long term career goals. I also need to show that I desire to join the team and have the ability to work as a good team member.

The common skills required to fit into a team such as management skills, leadership skills, communication skills, time management skills, organizing skills etc employers will not understand when I fail to take time to develop these skills.

7 0
2 years ago
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