Based on the information given the gift tax in 2019 is $0.
Gift tax are tax that is imposed by the federal government on taxpayer for giving out gift.
The gift tax for 2019 is $15,000 annually which means that any taxpayer that gift someone else gift either as cash or property that is not above $15,000 will not be taxed or will not incurred any gift tax.
On the other hand any taxpayer that give out gift that is above $15,000 will be taxed which means that the giver will have to file a tax return reason being that the gift is above the recommend yearly gift tax exclusion amount of $15,000.
Based on the given scenario the amount Joshua gave his son which is $13,400 is not above the yearly gift tax of $15,000 which means that Joshua will not file a gift tax return.
Inconclusion the gift tax in 2019 is $0.
Learn more about gift tax here:brainly.com/question/7215286
<span>In development of new
products, the most defined aspect is the processes. It takes a great deal of effort and time in
product creation in laboratories. Testing the feasibility of new product in
actual manufacturing environment. Trials are done to capture and document
actual procedures, machine specifications, safety requirement, and actual working parameters to achieve
the desired specification of the new product. </span>
Answer:
A. -$425.91
Explanation:
Given that
Start up cost = 2700
Cash inflow 1 = 811
Cash inflow 2 = 924
Cash inflow 3 = 638
Cash inflow 4 = 510
Rate = 11.2% or 0.112
Recall that
NPV = E(CF/1 + i]^n) - initial investment or start up cost
Where
E = summation
CF = Cash flow
i = discount rate
n = years
Thus
NPV = -$2,700 + $811 / 1 + 0.112 + $924 / 1 + 0.112^2 + $638 / 1 + 0.112^3 + $510 / 1 + 0.112^4
NPV = -$425.91
Therefore, NPV = -$425.91
Answer:
The payback period of the investment is 6.5 years
Explanation:
1. In order to calculate the payback period of the investment we would have to make the following calculation:
payback period of the investment=Year before full recovery+(Unrecovered cost at the start/cash flow during the year
)
payback period of the investment=6+ ($23,000−$20,500)
/$5,000
payback period of the investment=6.5 Years
The payback period of the investment is 6.5 years
Answer:
Forensic Science is basically a critical element of criminal justice ( means that it's on the criminal side ). It's a process of examining and analyzing evidence that is from a crime scene or somewhere else. Also assist in the investigation and prosecution of perpetrators of crime or absolve an innocent person from suspicion.
