The study of economics:

Which of the following statements is true? (A) Henry must report the $12,000 alimony received as income and Charlotte can claim

Oksana_A [137]

Answer:

The correct statement is B

Explanation:

Relevant information:

Henry (H) and Charlotte (C) separated in the year 2018 and their divorce was finalized in 2019, January

During the year, 2019 C paid H alimony of $12,000

Now, will analysis the information:

As per the U. S (United States) IRS (Internal Service Revenue), if the divorce is finalized in 2019 or after that, then the payment of alimony are no longer is deductible, nor the recipient have to record or report them as an income.

So, in the given case, H is not required to report the alimony payment received as an income and C cannot claim the alimony paid as an adjustment to the income.

Therefore, the correct answer is B.

Note: The relevant information is taken from the case which is stated or given above before the question.

6 0

3 years ago

Ralph, a director at ZincX Inc., has been sued by the company's shareholders for making a poor financial decision that cost the

lara [203]

Answer:

False

Explanation:

In order for an executive to claim protection under the business judgment rule they must prove that their decisions were rational and made in good faith. Business executives and the board of directors are responsible for making decisions and some will good and others may be bad, but they have to make those decision without fear of prosecution.

8 0

3 years ago

You own one call option with an exercise price of $30 on Nadia stock. This stock is currently selling for $27.80 a share but is

Shalnov [3]

Answer: 0.755

Explanation:

From the information given, the current per share value of the option if it expires in one year will be calculated as follows:

Firstly, we calculate the present value which will be:

= $28 / ( 1 + 0.05 )

= $28/1.05

= $26.667

The number of options needed will be:

= ( 34 - 28 )/ ( 4-0)

= 6/4

= 1.5

Therefore,

27.80 = (1.5 x Co) + [28 / (1+0.05)]

27.80 = 1.5Co + (28/1.05)

27.80 = 1.5Co + 26.667

1.5Co = 28.0 - 26.667

1.5Co = 1.1333

Co = 0.755

Therefore, the answer is 0.755

5 0

3 years ago

The earnings of two employees are given below: employee a: 6% commission on all sales employee b: 4% commission on the first $80

aleksandrvk [35]

Employee A makes $1,200 more than Employee B for sales of $100,000.

The earnings of Employee A are: = Commission rate x Sales

= 6% x 100,000

= $6,000

The earnings of employee B are = Commission on first $80,000 + Commission on anything above $80,000

= (4% x 80,000) + (8% x (100,000 - 80,000)

= 3,200 + (8% x 20,000)

= $4,800

The difference is: = Employee A commission - Employee B commission

= 6,000 - 4,800

= $1,200

In conclusion, Employee A makes $1,200 more than Employee B for sales of $100,000.

Commission Rate :

The commission rate is the percentage or fixed payment associated with a certain amount of sale. For example, a commission could be 6% of sales, or $30 for each sale.

Learn more about Commission rate :

brainly.com/question/22221759

#SPJ4

6 0

2 years ago

Scenario: Blickinstock at the Crossroads Auto parts supplier, Blickinstock Ltd., would like to expand its presence in Latin Amer

Lena [83]

Answer:

A maquiladora is a factory that imports raw materials (usually benefiting from special tax regimes), processes them and manufactures goods that are exported to the company's home country. Maquiladoras benefit from low wages and are generally labor intensive industries.

E.g. many maquiladoras work in the textile industry, where they import all the materials they need, and then they manufacture clothes which are exported to other countries.

5 0

3 years ago