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sineoko [7]
3 years ago
12

Charles and Camilla got divorced in 2018. Under the terms of the decree Charles pays Camilla $50,000 in cash in each of the next

five years (or until Camilla's death or remarriage). In addition, Charles transferred a castle worth $2,000,000 to Camilla in 2018 and will pay $12,000 per year to support their son, Clyde, until he turns 19 years old. What amount (if any) is included in Camilla's gross income in 2019?
Business
1 answer:
diamong [38]3 years ago
3 0

Answer:

The amount that is included in Camilla's gross income in 2019 is $50,000.

Explanation:

Property settlement and child support are not included in gross income , but alimony payment(cash) are included.

Therefore, The amount that is included in Camilla's gross income in 2019 is $50,000.

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Twenty years ago, a family purchased a vacant lot for $26,500. they made no improvements during the time they owned the property
KonstantinChe [14]
To find the gross profit margin found by:
(revenue - cost of goods sold)/revenue

Revenue = $62,275
Cost of goods sold (purchase price) = $26,500

= (62,275 - 26,500)/62,275
= 35,775/62,275
= 0.57 x 100
Percentage of gross profit = 57%
3 0
3 years ago
Read 2 more answers
Annual demand for an item is 11,000 units with the cost per unit at $250. The holding rate is 10% and the order cost is $14.00 p
frutty [35]

Answer:

93 units

Explanation:

Annual demand for an item = 11,000 units

cost per unit = $250

holding rate = 10%

Order cost = $14.00 per order

No. of days in a year = 260

Lead-time = 2 days

Average\ daily\ demand=\frac{Annual\ demand\ for\ an\ item}{No.\ of\ days\ in\ a\ year}

Average\ daily\ demand=\frac{11,000}{260}

                                              = 42.3 units

For a service level of 97%, the value of z is 1.881

Therefore,

Reorder point:

= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability × \sqrt{Lead\ time}

= (42.3 × 2) + (3 × 1.88 × \sqrt{2})

= 92.57

= 93 units

5 0
3 years ago
Which of the following statements is incorrect?
DedPeter [7]

Answer:

E. All information systems support businesses.

Explanation:

All information systems do not support businesses because it's there's many types of information systems such as Executive Support Systems , Management Information Systems (MIS), Decision Support Systems , Knowledge Management Systems , Transaction Processing Systems and Office Automation Systems and it depends on the purpose of that information system in particular, whether it supports businesses or not

4 0
3 years ago
Most small animal private veterinary practices employ __________ veterinary assistant(s) for each veterinary technician on staff
Roman55 [17]

I believe the answer is: C. one

.

The number of assistants that is used for veterenary practice would commonly depended on the complexity of the surgery. (as the surgery get more complex, the number of assistant needed would increase.)

Since small animals considered to have less complex body structure compared to big animals, the number assistant used usually just one.

5 0
3 years ago
Read 2 more answers
A company in which your client owns stock is about to make a rights offering. The client informs you that he does not plan on su
Trava [24]

Answer:

decrease

Explanation:

According to my research on different investment terminology, I can say that based on the information provided within the question you would tell the client that his proportionate ownership interest in the company would decrease. This is because if other people buy shares of the company the overall amount of shares sold increases and your percentage owned goes decreasing as more people buy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
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