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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 nature of demand indicates that as the price of a good increases.
Serga [27]

The nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.

<h3>What is the demand curve?</h3>

The demand curve is a graphic representation of the relationship between price and the quantity demanded.

All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.

<h3>Answer Options:</h3>

A) suppliers wish to sell less.

B) more of it is produced.

C) more of it is desired.

D) buyers desire to purchase less of it.

Thus, the nature of demand indicates that as the price of a good <u>increases</u> D) buyers desire to purchase <u>less</u> of it.

Learn more about the nature of demand at brainly.com/question/15252089

#SPJ1

6 0
2 years ago
Ballooshu, a large dairy cooperative, organizes its labor force into different divisions for the manufacture of butter, cheese,
diamong [38]

Answer:

B) Product departmentalization

Explanation:

Ballooshu is using product departmentalization because it is dividing the company according to product lines.

As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.

The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.

3 0
3 years ago
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $ 40,000 Acco
gtnhenbr [62]

Answer:

$131,000

Explanation:

The computation of the amount of quick assets is shown below:

Quick asset = Account  Receivable + Cash + marketable securities

= $65,000 + $30,000 + $36,000

= $131,000

We simply added the account receivable, cash and the marketable securities so that the quick assets could come plus it contains more liquidity that converted into cash in a very short period of time and the rest of the items are ignored as there are not relevant

7 0
3 years ago
All of the following are factors in the fraud triangle except A. Ethical behavior of an individual B. Materiality of the assets
Verdich [7]

Answer:

Materiality of the assets

Explanation: Materiality is known to as misstatements, including omissions, and these are considered to be material if they, individually or in the aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

6 0
3 years ago
Peter is writing an e-mail message to his staff that the new computers promised to arrive on Monday will be delayed for two week
djyliett [7]

Answer:

<em>Indirect Pattern</em>

Explanation:

<em>The proof is first provided in the indirect technique, thus contributing to the primary notion of the message. This is an assumption that is empirical.</em>  

If the reader or recipient may be disappointed or resist what you have to say, this strategy is best.  

Sometimes writing with an exceptionally confident attitude can be considered arrogant, particularly if you are a newer member of an organisation or an outsider.  

You might want to use an indirect approach in these kind of cases, or if the receiver is wary or confrontational.

7 0
4 years ago
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