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Effectus [21]
3 years ago
9

Theresa sued her former employer for age, race, and gender discrimination. She claimed $200,000 in damages for loss of income, $

300,000 for emotional harm, and $500,000 in punitive damages. She settled the claim for $700,000. As a result of the settlement, Theresa must include in gross income: $700,000 $500,000 $490,000
Business
1 answer:
NeX [460]3 years ago
8 0

Answer:

$700,000

Explanation:

Data provided in the question:

Amount claimed in damages for loss of income =  $200,000

Amount claimed for emotional harm =  $300,000

Amount claimed in punitive damages = $500,000

Amount for which the claim is settled = $700,000

Now,

here in the given question, none of the damages is caused due to any physical personal injury.

Hence,

None of the amount received will be excluded from gross income.

Therefore,

Theresa must include in gross income is $700,000

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Answer:

e. market-share analysis.

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What makes Ford a successful business?
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6 0
1 year ago
Investors require an after-tax rate of return of 10% on their stock investments. Assume that the tax rate on dividends is 30% wh
IgorC [24]

Answer:

a. $28.5

b. 12.28%

c.  $29.18

d. 13.09%

Explanation:

a. let current price = p

p*1.10 = 2(1-0.3)+30

= 1.4+30/1.10

= 31.4/1.10

= 28.5

the current price of the stock is approximately 28.5 dollars

b. (30+2 /28.5)-1

= 32/28.5 - 1

= 0.1228

= 12.28%

expected before tax rate is 12.28%

c. 3(1-0.3)+30 / 1.10

= 3*0.7+30/1.10

= $29.18

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= (3$ + 30-29.18)/29.18

= 0.1309

= 13.09%

it is now higher here given that given that a greater dividend causes more tax burden.

6 0
3 years ago
Mondo Corporation is a U.S. firm that invoices some of its exports in Japanese yen. If it expects the yen to weaken, it could __
Allisa [31]

Answer:

The answer is 'sell future contracts on yen

Explanation:

Futures contract is a form of derivative that is standardized. It occurs through the exchange rather than over the counter. It is safe from default or counterparty risk because the clearing house guarantees any loss.

Futures contract obligates the parties involved to either buy or sell the underlying security.

Because Mondo corporation is expecting some of its exports in yen and it is afraid of fall in exchange of yen relative to US dollar, to hedge the risk, it must sell future contracts on yen.

5 0
3 years ago
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