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serg [7]
3 years ago
8

Lois, a single taxpayer, contributed $1,200 to her traditional IRA in 2019. If she received a $240 saver’s credit and was not an

active participant in an employer-sponsored retirement plan, how much of the contribution can she deduct?
Business
1 answer:
-Dominant- [34]3 years ago
6 0

Answer:

$960

Explanation:

Given the information from the question. We need to calculate the contribution can she deduct Since Lois paid $1200 to customary IRA and she received a $240 savers credit. Thus, she will get derivation commitment less savers credit .as a result to get contribution can she deduct is $1200-$240= $960. Therefore, the correct answer is $960.

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natulia [17]

Answer:

The correct answer is A and B

Explanation:

PPP stands for Purchasing Power Parity, which is a theory that states or define as the exchange rate among the currencies of 2 countries, which should be equal to the ratio of the price levels of the countries.

It is grounded on The Law of One Price, which states all the identical goods  have the same price.

As the purchasing power of the currency which sharply decrease because of hyperinflation, that currency will be depreciated against the stable currencies.

8 0
2 years ago
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Vilka [71]
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4 0
3 years ago
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LuckyWell [14K]

Answer:

She violated the duty of loyalty

Explanation:

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This describes Wendy's action of personal dealing based on her position as the president of Kite sale

5 0
3 years ago
A few days before the end of the term of a two-year NDA (non-disclosure agreement) he signed with a startup company related to a
Tom [10]

Answer:

Explanation:

If I was Frank I wouldn’t have disclosed the information from one company to the next, it is unethical and with an NDA information shouldn’t be passed on. Even though, it may have been an opportunity for the company he got hired and a threat to the company he disclosed the information from.

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3 years ago
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Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin
Veronika [31]

Answer:

Overhead rate= 34.24

Explanation:

Giving the following information:

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8 0
3 years ago
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