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
8_murik_8 [283]
3 years ago
13

Hal Gore won a $2.1 million prize for special contributions to environmental research. This prize is awarded for public achievem

ent, and Hal directed the awarding organization to transfer $570,000 of the award to the Environmental Protection Agency. How much of the prize should Hal include in his gross income?
Business
1 answer:
ioda3 years ago
8 0

Answer:

1.53 Million

Explanation:

The reason is that the Environment Protection Agency is a qualified organization and donations made to qualified organization are allowable expense under the US tax rules, so the gross income will include a net amount which is the actual amount left for Hal Gore and which is $1.53 million ($2.1 m - 0.57).

You might be interested in
Where is Moisturizing Black soap shampoo is currently positioned in the product life cycle.
Yuki888 [10]
If the Moisturizing Black soap shampoo is currently positioned in the product life cycle the stage is called <span>Maturity

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
5 0
3 years ago
The earned value system starts with the time-phased costs that provide the project baseline, which is called the ___________.a.
nikklg [1K]

Answer:

A. Planned budgeted value of work scheduled.

Explanation:

Earned Value system is a technique used in project management in estimating how well a project is doing in terms of the project budget and allocated schedule. It is used in estimating project efficiency in terms of the estimated deliverables. It helps in checking of the project is going according to "plan". Project efficiencies are measured against the baseline of a project which is the planned budgeted value of work with the aid of earned value system in order to quickly track any deviations in the project.

7 0
3 years ago
There are three simple procedures that small business owners should do on a timely basis to prevent fraud when they can’t afford
Mars2501 [29]

Answer:

Allow one key employee to operate the bank account personally.

Explanation: Allowing one key employee to operate the bank account personally is a major non compliance in management of business ventures. Two or more persons with TRUSTED INTEGRITY can be assigned especially if they are PERMANENT STAFF and in MANAGEMENT POSITIONS. This two factors will help to Prevent or reduce the chance of any Criminal or fraudulent activities.

8 0
3 years ago
Listening to employee suggestions, gaining support for organizational objectives, and fostering an atmosphere of teamwork are al
Archy [21]

Answer:

Interpersonal and communication skills

7 0
3 years ago
If overhead is overapplied, it means that individual jobs have not been charged enough overhead during the year and the cost of
steposvetlana [31]

Answer:

True

Explanation:

At the end of the manufacturing period the overhead cost applied to manufactured goods are compared to actual cost incurred.

If, Actual Overheads > Applied overheads, we say overheads are underapplied. this means the cost of goods sold has been charged too little and must be increased.

and

If, Applied Overheads > Actual overheads, we say overheads are overapplied. this means the cost of goods sold has been charged too much and must be lowered.

8 0
3 years ago
Other questions:
  • Wang Company accumulates the following adjustment data at December 31. For each item, indicate the:
    11·1 answer
  • The chairman of a welfare organization asks an employee to head a fundraising activity. The employee, however, embezzles $250,00
    9·1 answer
  • 2. One of the most fundamental determinants of the exchange rate is ______________ whereby the exchange rate between the currenc
    13·1 answer
  • How are foreign exchange rates determined
    13·1 answer
  • Given the following data: Average operating assets $ 1,372,000 Total liabilities $ 144,060 Sales $ 1,029,000 Contribution margin
    14·1 answer
  • How do industry or external changes impact the things that you do personally?
    7·1 answer
  • On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside
    7·1 answer
  • Explain the imortance of feedback in the communication process.(3marks)
    12·1 answer
  • On April 1, 20Y8, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:
    6·1 answer
  • A profit maximizing monopoly's price is
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!