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3 years ago

The following information applies to Caroline, who is single, for 2017:

Business

1 answer:

Aliun [14]3 years ago

3 0

Answer:

1. Child support received ⇒ NOT TAXABLE

2. Life insurance proceeds received as a result of the death of her mother ⇒ NOT TAXABLE, ONLY INTERESTS RECEIVED FROM A LIFE INSURANCE POLICY ARE TAXABLE, THE PRINCIPAL IS NOT TAXABLE.

3. Alimony received ⇒ TAXABLE IN 2017. THE TC&JA ESTABLISHED THAT ALL ALIMONY RECEIVED STARTING 2019 WOULD BE TREATED AS CHILD SUPPORT, BUT ANY ALIMONY PAYMENTS ESTABLISHED AND ALREADY PAID UNTIL 2018 ARE CONSIDERED INCOME FOR THE RECEIVING PARTY AND ARE TAX DEDUCTIBLE FOR THE GIVING PARTY.

4. Salary ⇒ TAXABLE INCOME

5. Jury duty fees ⇒ TAXABLE INCOME

Identify which items Caroline can deduct (fully or partially).

6. Penalty for early withdrawal from savings ⇒ YOU CANNOT DEDUCT ANY PENALTIES FROM EARLY WITHDRAWALS FROM IRA ACCOUNTS, YOU CAN DEDUCT PENALTIES FROM CASHING A CASH DEPOSIT EARLY, BUT I DON'T THINK THIS IS THE CASE.

7. Contributions to Health Savings Account ⇒ 100% TAX DEDUCTIBLE

8. Caroline's taxable income in 2017 is $.

Salary $44,000

Alimony received $9,600

Jury duty fees $75

Contributions to Health Savings Account ($3,600)

Standard deduction for single filer 2017 ($6,350)

Personal exemption ($4,050)

Her mother cannot be claimed as a dependent because her income was higher than the gross income limit. Since we are not given the number of children, or if they continued to be minors during more than half of 2017, we cannot include them in our calculations. That is also why I considered Caroline a single filer and not a head of household.

total taxable income = $39,675

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The data-mining technique that creates a report or visual representation is _____.

Helga [31]

Answer:

The data-mining technique that creates a report or visual representation is summarization.

Explanation:

The business world has changed drastically over the years in terms of marketing and service delivery because of growth in technology. The use of machines and internet has caused a greater need for access and analysis of information in such a way that can make a business thrive in the market. This means that most businesses have to look into better data-mining techniques that can assist them in the competitive business environment.

The different data mining techniques include; association-rule learning, classification, summarization and regression. They are explained further as follows:

1. Association-rule learning: this is a machine learning technique that discovers a relationship between large databases using the concept of strong rules.

2. Classification: this technique finds similarities in features of two or more data sets and groups them into the same category.

3. Regression: this is a predictive technique that is used to identify and analyse the likelihood of a specific variable.

4. Summarization: this technique takes the results from the data and puts it in a way that it is short and understandable by most people. It usually involves the use of tables and other data summarization software like Excel sheets to represent the data in a way that conclusions can easily be drawn. Data summarization is important especially in the digital world where large amounts of data are available for analysis and transfer. This technique helps in breaking down huge data into short comprehensible reports that can easily be used for quick decision making.

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3 years ago

Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Man

seraphim [82]

Answer:

A) $102,000

Explanation:

The computation of the amount used today for preparing the operating budget is shown below:

= Contract value × forward rate

= $100,000 × $1.02

= $102,000

For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

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3 years ago

A company creates a rating form for its suppliers and rates their on-time delivery, product quality, service advice, and so fort

kobusy [5.1K]

Answer:

Vendor analysis

Explanation:

Organizational Buying Process

This is simply refered to as the decision making process where organizations state the need for purchased products and services and thereafter identify or evaluate to choose among them. There are 3 influences purchase type. They includes: structural and behavioral.

Vendor analysis in organizations buying influence is simply known as the behavioral needs of the buyer.

ethical conflicts may sometimes arise in buyer-supplier relationships. This can help the buying organization to manage spending

Vendor Analysis

This is simply refered to as a formal rating of suppliers on all important areas of performance.

The usual goal of a vendor analysis is to lower the total costs of a purchase.

The steps in Organizational buying process. They includes:

1. Recognize the product needed

2. Vendor analysis

3. Purchase decision

4. Post purchase evaluation.

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3 years ago

Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t

amid [387]

Answer:

Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus

Explanation:

The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.

While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.

I hope my answer helps you

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3 years ago

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Georgia [21]

Answer:

an occupation undertaken for a significant period of a person's life and with opportunities for progress.

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2 years ago

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