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Lelu [443]
3 years ago
10

Since the matthews did not itemize for 2018 their state refund is not reported on form 1040.a. Trueb. False

Business
1 answer:
astraxan [27]3 years ago
3 0

Answer:

The correct answer is letter "A": True.

Explanation:

Some State income tax refunds may in some cases be taxable income, according to the Internal Revenue Service (<em>IRS</em>). These must be recorded in the Form 1040 only in the situation where the taxpayer sought a deduction of the previous year's state and local taxes <em>if they were itemized</em>. Generally, state and local income tax deductions are not specified when <em>standard deductions</em> are filed.

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What is a publicly traded company? a company that is subsidized with public funds a company that makes trading cards a private c
ehidna [41]

Answer:

The correct answer is the last option: Any company that has stock that outside vendors can buy or sell.

Explanation:

To begin with, a <em>''publicly traded company''</em> is a company whose ownership is organized via shares of stock of the organization which are understand to be freely traded in any stock exchange or in over-the-counter market. Moreover, this type of association is formed within the legal systems of particular states and therefore that they legal limitations resides over the law of the country that they have been created in. To sum up, a public company is a type of organization that can be choose to use depending the legal systems of the country in order to acquire certain advantages when it comes to manage the company.

4 0
4 years ago
Read 2 more answers
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank
inn [45]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0
3 years ago
A one-year zero coupon bond costs \$99.43$99.43 today. Exactly one year from today, it will pay \$100$100. What is the annual yi
KengaRu [80]

Answer:

0.00573

Explanation:

Cost of the bond today = $99.43

Value of bond at end of year = $100

Difference = $100 - $99.43 = $0.57

This $0.57 represents earnings on such bond value, that is yield on the bond.

Thus, yearly yield = $0.57/$99.43 = 0.00573

This value represents the discount rate of 1 year on $100 that is for which present value $99.43.

Final Answer

0.00573

5 0
4 years ago
In a franchise business, the party paying the franchise fee is known as the a. franchisee.b. franchisor.c. entrepreneur.d. busin
Scilla [17]

Answer:

a. franchisee

Explanation:

Franchisee -

A franchises referred to a small business , and is very common method of doing any business .

The owner of the business i.e. , franchises , is referred to as the franchisee .

The franchisee has the right to take decision of the business like , using trademark of the business , proprietary knowledge , sell the brand and associated brands .

They are responsible to pay the franchise fee.

Hence , from the given statement of the question,

The correct option is a. franchisee .

8 0
3 years ago
Why do you think it's important to think about whether or not
Liula [17]

Answer:

Why do you think it's important to think about whether or not

you'd want to do the role responsibilities as they are listed in the

job description?

Explanation:

8 0
4 years ago
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