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ahrayia [7]
3 years ago
7

Ted earned $150,000 during the current year. He paid Alice, his former wife, $75,000 in alimony. The couple divorced in 2016. Un

der these facts, the tax is paid by the person who benefits from the income rather than the person who earned the income.TrueFalse
Business
1 answer:
aleksklad [387]3 years ago
8 0

Answer:

The answer is: True

Explanation:

Tax law was changed for the 2019 tax year, (Tax Cuts and Jobs Act 12-22-2017), alimony is no longer tax deductible nor the recipient has to report them as income. This change in the law will be in effect from 2019 through 2025.

The only exceptions that apply are those couples who had finalized their divorce agreements before the end of 2018. Since Ted and Alice got divorced in 2016, the change doesn´t apply to them.

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The federal government doesn't have a capital budget; however, private enterprises do have a capital budget and when they invest
mote1985 [20]

Answer:

Hello the options in regards to your question is missing attached below is the complete question

Answer : Private enterprise's investments are in assets that are meant to increase production, which are going to earn revenues and pay for themselves. Thus, private enterprise's spending is unambiguously going towards investments. It is very difficult to determine when the federal government's spending is an investment. ( B )

Explanation:

The federal government's investments are not discussed in relation to a capital budget and recorded as an asset because It is very difficult to determine when the federal government's spending is an investment, because Federal Government is not actually designed to operate as a business entity

4 0
3 years ago
What is the advantage of having only one inbox?
Alik [6]
You can receive all emails without switching to other inboxes. its convient and faster
8 0
3 years ago
Read 2 more answers
Abramov Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold a
brilliants [131]

Answer:

Option c is correct

$245,680

Explanation:

The total manufacturing cost = $737,040.

Units produced = 22,200

Cost per unit before adjustment for absorbed overhead=

=$737,040./22,200 units

=$33.2 per unit

Cost of goods sold before adjustment for overheads

= (cost per unit × units sold)

= $33.2 × 7,400

= $245,680

3 0
3 years ago
Read 2 more answers
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nika2105 [10]

Answer:

One is lower risk

Explanation:

8 0
3 years ago
Sofia, a restaurant manager, has been observing and analyzing the work process of the cooks, servers, and bussers because she wo
natka813 [3]

Answer:

E) scientific

Explanation:

Scientific management was developed by Frederick Taylor and is part of the classical management approach. The whole purpose of scientific management is to improve efficiency manly through time and motion studies.

The production processes are studied in order to determine what is the most efficient way of doing them. Sofia was analyzing her employees' tasks to see if their were doing them correctly and efficiently. The time and motion studies are used to reduce the time it takes to finish a task, and the faster a task is finished, more tasks can be done.

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3 years ago
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