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
Vaselesa [24]
3 years ago
15

Hank is a U.S. citizen and is doing a three to six-year assignment as a sales executive in Paris for a French company, which beg

an this year. Hank earned $109,500 working for the French company this year but only lived in France for 180 days (out of 365 days). He will live full-time in France next year. What amount of Hank's $109,500 salary this year will he be allowed to exclude from gross income in the U.S. (rounded to the nearest one-hundred dollars)?
A. Hank can exclude his entire salary because he worked more than 330 days overseas
B. 102,000
C. 92,400
D. 99,200
E. None of his salary can be excluded from gross income because Hank must reside overseas for the entire year
Business
1 answer:
Maurinko [17]3 years ago
3 0

Answer:

The answer is: E) None of his salary can be excluded from gross income because Hank must reside overseas for the entire year

Explanation:

According to the IRS's Foreign Earned Income Exclusion (and Requirements) a US citizen can claim up to $105,900 (in 2019) of his gross income to be excluded from gross income in the US only if that person resided in the foreign country for at least 330 days in the last year.

You might be interested in
Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers.
kherson [118]

Ticket agents often deal with luggage and so cross-training makes them more efficient.

Singapore Airways has been named this year's 'global's exceptional Airline' in Skytrax's Global Airline Awards. SIA also took the pinnacle spot in the 'world's exceptional First class', 'satisfactory Airline in Asia' and 'exceptional First elegance Airline Seat' categories in the 2018 ratings.

Accomplishing service Excellence price-successfully. SIA has two major assets planes and those and it manages them in order that its carrier is better than its opponents' and its fees are lower. in contrast to different airlines, SIA guarantees that its fleet is usually young.

Singapore has usually been very progressive in relation to patron enjoyment. They have been the first airline to have satellite communications for passengers, and on-demand seatback entertainment screens for economy suites on board their A380.

Learn more about Airlines here brainly.com/question/24752362

#SPJ4

3 0
2 years ago
Match the following terms with their definitions. Salary, rewards, net pay, occupation, costs, benefit, deduction1. a fixed amou
Katena32 [7]

Answer:

1. A fixed amount of money periodically paid to a person for work – Salary

2. The price paid to acquire, produce, or accomplish something – costs

3. The portion of the wages that the employee actually gets to take home - net pay

4. Perks provided by your employer – benefit

5. Something that causes or increases personal satisfaction – rewards

6. An amount that is subtracted from your paycheck employee – deduction

7. A person's usual work or business; a way of earning a living - occupation

Explanation:

1. The salary is defined as the amount received by a person for work, this income does not include any extra benefit. to be considered as a salary it has to be paid periodically.

2. The cost is the expense caused for the production of a product, in the case of a service is the cost of offering it. includes direct and indirect labor force cost, amortized costs of the machinery and supplies (for products).

3. The net pay is the salary amount paid to an employee after the deduction of any amount legally recognized, it may include taxes and other items.

4. The benefits are extra gains that an employer may give to workers, different from the salary amount, it may include bonus or specific medical insurance advantages.

5. The rewards are non-usual prizes or recognitions received by people due to a personal or labor goal.

6. The deduction is al legal reduction done by a company in the payment of an employee.

7. The occupation is the activity that a person develops to obtain living resources, it can include personal business or employment.

4 0
3 years ago
Nathan is defending his first place ranking at the annual debate competition. Just minutes before his turn, Nathan gets nervous
satela [25.4K]

Answer:

The consideration which will be dictated for Nathan's self efficiency is:

C. Verbal persuasion

Explanation:

Here, in the question it is mentioned that Nathan has been defending his first place ranking in his annual debate competition.

Now, just some minutes before his turn in the annual debate competition he gets nervous and he cannot remember his arguments related to the debate topic.

His teacher comes and talk to him, teaches him, reminds him of his theories and topics. Also motivates him and make him remind his special skills and shore up his demoralised confidence.

By listening all these things he gets motivated and delivers his best and defends his title at his very best.

So, the consideration which will be dictated for Nathan's self efficiency is:

C. Verbal persuasion

7 0
3 years ago
True or false: An unchanging marketing communication program is critical to the success of every company. True false question. T
Rina8888 [55]

Answer:

false

Explanation:

you keep changing to what the people want because that t what the will buy new ideas because someone else will.

3 0
3 years ago
The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 15 ​billion, respectively.
Stolb23 [73]

Answer:

Ford's weighted average cost of capital is 8.22 %

Explanation:

Weighted Average Cost of Capital (WACC) is the minimum return that the company expect from a project. It shows the risk of the company.

Calculation of WACC

WACC = Cost of equity + Cost of preferred​ stock + Cost of debt

Capital Source       Market Values     Weight      Cost      Total Cost

equity                         $ 7 ​billion          29.17%      13.6%       3.97 %

preferred​ stock         $ 2 ​billion            8.33%      12%          1.00 %

debt                           $ 15 ​billion         62.50%     5.2 %       3.25%

Total                          $ 24 billion                                          8.22 %

Cost of equity = Risk free rate + Beta × Risk Premium

                       =  4% + 1.2 × 8%

                       =  13.6%

Cost of preferred​ stock = Dividend/Market Price

                                       = $ 3/ $ 25 × 100

                                       = 12%

Cost of debt = interest × (1- tax rate)

                    = 8% × (1-0.35)

                    = 5.2 %

7 0
3 years ago
Other questions:
  • What is the name of the technique used to open the airway of an unresponsive not-breathing guest?
    15·2 answers
  • If a specific subsidy​ (negative tax) of s is given to only one competitive​ firm, how should that firm change its output level
    15·1 answer
  • Charleston Corporation (CC) now operates as a "regular" corporation, but it is considering a switch to S Corporation status. CC
    8·1 answer
  • Liabilities are amounts you _____. (1 point) owe consider assets avoid add to your assets
    5·2 answers
  • Which of the following statements about the expected postretirement benefit obligation (EPBO) is not correct? a. The EPBO is rec
    10·1 answer
  • Dopson's Hardware was in bad financial shape. It owed so much money that vendors put the store on a cash-only delivery basis. As
    7·1 answer
  • The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. How much of this change was due to
    12·1 answer
  • Optimization in Daily Life: Think about your favorite activity, hobbies or any kind of activity from your daily life. Find a pro
    6·1 answer
  • Modern quality management approaches recognize the importance that quality: Group of answer choices Is planned, built, and inspe
    15·1 answer
  • My grandmther died i need someone to tlk too im so sad right now brainiest if join my meet
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!