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
Troyanec [42]
4 years ago
9

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino

royale. what implication does she encounter when she goes to collect her prize?
Business
1 answer:
hodyreva [135]4 years ago
8 0

Answer:

Depending on what game Jennifer played, she might have to pay taxes. If Jessica won the money playing [email protected]@ck or [email protected]@[email protected] she doesn't need to pay taxes.

Explanation:

The IRS requires casinos in Las Vegas to withhold 25% of total gambling winnings (or 30% if the gambler is from a foreign country). When a casino withholds taxes, they will provide you with IRS Form W-2G.

You must remember to keep Form W-2G so you can report it on your IRS Form 1040 tax return at the end of the year, to avoid being taxed twice.

But winnings from some table games are not taxed, e.g. [email protected]@ck, [email protected]@[email protected], [email protected], and roulette are not taxed.

You might be interested in
A good study group moderator will
g100num [7]

Answer:

Ok! So what is the question? Since you answered it already...

8 0
3 years ago
Read 2 more answers
Suppose two athletes each sign 10-year contracts for $80 million. In one case, we’re told that the $80 million will be paid in 1
marusya05 [52]

Answer:

The athlete with equal installments got the better deal.

Explanation:

Two athletes each sign 10-year contracts for $80 million.

In one case, we’re told that the $80 million will be paid in 10 equal installments.

In the other case, the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year.

The one with equal installments will get $8 million every year.

But the one with increasing installments will get smaller payments initially as his payments were to be increased by 5% each year.

Though the total value of both the annuities will remain the same.

7 0
3 years ago
If a corporate building has nine office suites that rents for $14,800 per month each, but suffers from a 14% vacancy rate and an
tekilochka [14]

Answer:

=$1,353, 524

Explanation:

NOI stands for net operating income

In this case, NOI will be calculated as follows

Rent per suit = $14,800

Number of suits 9

The monthly rent will be

=$14,800 x 9

=$133,200

Annual rent will be monthly rent x 12

= $133,200 x 12

=$1,598,400

Considering a 14 % vacancy rate, expected annual rent collection

=$1, 598,400 minus 14% of $1, 598,400  or 86% of $1, 598,400

= 86/100 x $1, 598,400

=$1,374,624

Adjusting for annual expenses

= $1,374,624 -  $21,100

=$1,353, 524

4 0
3 years ago
8 Steps in Organizational Development (OD) interventions
liberstina [14]

Answer:

The Eight Steps for Organizational Develpoment Intervaentions

Explanation:

Entry Signals

Purpose

Assessment

Action Plan

Intervention

Evaluation

Adoption

Seperation

... i think

6 0
3 years ago
Jose received $400 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards
arsen [322]

Answer:

The correct answer is Future value with compound interest and $478.25.

Explanation:

According to the the scenario, the given data are as follows:

Present value (PV) = $400

Rate of interest = 6%

Rate of interest ( compounded quarterly) (rate) = 1.5%

Time period = 3 years

Time period ( compounded quarterly) ( Nper) = 12

So, we have to calculate Future value with compound interest because it is asking for a amount after 3 year.

So, we can calculate the future value by using financial calculator.

The attachment is attached below.

So, FV = $478.25

4 0
3 years ago
Other questions:
  • Although the ethics codes of the various professional organizations have specific differences, some of the common themes include
    5·1 answer
  • When comparing the perfect competition model to the real-world markets, what can you surmise that is true
    5·1 answer
  • A waiting line problem has an average of 250 arrivals per eight hour day. Suppose there are several servers, and each has an ave
    10·1 answer
  • Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances
    6·1 answer
  • Kenneth purchased a car from his local dealership, Quartent Cars. However, since the car was not available in the color that Ken
    5·1 answer
  • Manuel's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Manuel's very tiny kitchen has barely
    8·1 answer
  • Paragas, Incorporated, is considering the purchase of a machine that would cost $370,000 and would last for 8 years. At the end
    7·1 answer
  • Feb. 1 Paid $500 for rent of hangar space in February.Feb. 4 Received customer payment of $1,510 to ship several items to Philad
    5·1 answer
  • Halp! I need an answer right away<br> Thank you
    5·1 answer
  • Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!