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
CaHeK987 [17]
3 years ago
14

n 2016, Joshua gave $14,000 worth of Microsoft stock to his son. In 2017, the Microsoft shares were worth $23,000. What was the

gift tax in 2016? The gift tax exemption in 2016 was the same as in 2017.
Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

$0

Explanation:

There is a provision that if the tax received on the money with respect to the valuation of the property is more than the $14,000 the same is to be taxable

Since there is $14,000 worth so no tax collection could be made on the gift amount

If the gift amount exceeds $14,000 the same is to be taxable

So the gift tax in 2016 would be $0

You might be interested in
Which of the following is chracterstics of flow manufacturing​
Ratling [72]

Answer:

here are all the characteristics of flow manufacturing

Explanation:

"The main features of flow production are: Large quantities are produced. Simplified or standard product. Semi-skilled workforce specialising in one task only."

7 0
3 years ago
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can
ElenaW [278]

Answer: $4

Explanation:

The Bottle division is said to be able to meet all excess demand outside as well as that of the Cologne Division.

When this is the case in a company, individual divisions are allowed to transfer to each other at a rate equal to their Variable Costs. This is the general rule.

The Variable Costs for the containers is $4 so that is the transfer price as well.

7 0
2 years ago
If national pride in the local capability to make a complex product is the objective of government policy, the best policy strat
Helga [31]
It is always the aim of the government that people take pride with the things that the locals in their land are able to produced. If this is the main aim of the government then, it should be a policy that one should buy the local products first. In line with this, the government may limit the amount of imported goods reaching their area as these imported good may jeopardized the aim to take pride in the local ones. 
7 0
3 years ago
The life cycle for software development includes seven steps, which are identified below. Recall the development life cycle and
lukranit [14]

Answer:

werwerwerwerwerwer

Explanation:

7 0
2 years ago
Questions that would help Tony manage his day-to-day operations? A. What is my best-selling product? B. What is my lowest-sellin
zloy xaker [14]

Answer:

The correct answer is letter "D": A&B.

Explanation:

Managers have several functions within an organization. Among them, they must <em>analyze information </em>-the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.

Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its<em> strengths, weaknesses, and opportunities</em>.

4 0
3 years ago
Other questions:
  • Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10.5 years. The bonds pay interest semiannually. What
    6·1 answer
  • On July 1, 2013, Farm Fresh Industries purchased a specialized delivery truck for $126,000. At the time, Farm Fresh estimated th
    13·2 answers
  • Looking forward to next year, if Baldwin's current cash balance is $25,719,453 and Cash Flows From Operations next period are un
    12·1 answer
  • What does great customer service mean to you?
    9·1 answer
  • g Jannusch Corporation makes one product. Budgeted unit sales for July, August, September, and October are 10,000, 11,600, 13,30
    15·2 answers
  • San Juan, Inc. is considering two alternatives: A and B. The costs associated with the alternatives are listed below: Alternativ
    9·1 answer
  • Luthan Company uses a plantwide predetermined overhead rate of $23.40 per direct labor-hour. This predetermined rate was based o
    14·1 answer
  • Suppose the demand function for good X is given by: Q_dx = 15-0 5P_x - 0.8 P y where Q_dx is the quantity demanded of good X, P_
    14·1 answer
  • Walmart and Nordstrom maintain very different strategic profiles, one based on cost-leadership and the other based on differenti
    5·1 answer
  • What is the primary responsibility of oversight bodies (such as an irb or iacuc)?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!