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max2010maxim [7]
3 years ago
9

All of the following amounts are excluded from gross income, except: a. Veterans' benefits b. Child support payments c. Gifts d.

Scholarship grants for tuition e. Tips and gratuities
Business
1 answer:
Pavlova-9 [17]3 years ago
8 0

Answer:

e. Tips and gratuities

Explanation:

You must include in your gross income all wages and benefits, salaries and tips received in respect of performance services as an employee. Once you get tips, the tip money you get will be payed by you for Medicare and social security. For the IRS, tips is just like wages to become a taxable income.

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Derek Tosh is attempting to determine whether US/Japanese financial conditions are at parity. The current spot rate is a flat Ye
Pie

Answer:

1. The markets are indeed in equilibrium  parity . International parity conditions hold between Japan and the United States

2. The forecasted change in the Japanese Yen/U.S. dollar is 4.8%

Explanation:

1. According to th given data we have the following:

Forecast annual rate of inflation for japan = 1.101%

Forecast annaual rate of inflation for US =5.905%

One-year interest rate for Japan = 4.704%

One-year interest rate for United States =9.505%

Spot exchange rate (¥/$)89.00

One-year forward exchange rate (¥/$) = 84.90

The forecast difference in rates of inflation = 1.101%  - 5.905%  = -4.8% (US higher than Japan)

The difference in nominal interest​ rates = -4.8% (higher in United States)

The forward premium on foreign​ currency = 4.8% (Japanese yen at a premium)

The forecast change in spot exchange​ rate = (89 - 84.90) / 84.90 * 100 = 4.8% (Dollar expected to weaken)

As is always the case with parity conditions, the future spot rate is implicitly forecast to be equal to the forward rate, the implied rate fromthe international Fisher effect, and the rate implied by purchasing power parity. Therefore, The markets are indeed in equilibrium -- parity

2.  In order to Find the forecasted change in the Japanese​yen/U.S. dollar​ (¥/$) exchange rate one year from now  we would have to use the following formula:

= (Current Spot Rate - Forward Exchange Rate) / (Forward Exchange Rate)

= (89 - 84.90) / 84.90 *100

= 4.8%

The forecasted change in the Japanese Yen/U.S. dollar is 4.8%

6 0
3 years ago
Mila is at a flea market. She has $50 in her wallet. She decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5
nordsb [41]
Hey Hannah!

So, from starting out with this (real word) problem, we know that this <em>Mila </em>(only)has $50 bucks in her wallet.

So, \left[\begin{array}{ccc}\boxed{50-15-20-5-10}\end{array}\right]

So, what she could really do, sense this would be business and that she would have to make up her mind in order to make the right choice so that she could leave the store with what she has.

The (best) thing to do in this situation is to <em>really </em>look at what you have in your cart and to see if you really need some things.

For example: Have you ever went to a store and you put alot of stuff in your cart, and when you are about to leave you say, "do I really need this". It's that same in this case, the best thing to do is to see if she could possibly either lay the (t-shirt) down and buy the rest, or ask the dealer if she could make the other items prices lower. Those would be the two.

Hope this helps.
~Jurgen
4 0
3 years ago
Read 2 more answers
Malden corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?
Mumz [18]

$600,00 is the Stakeholder Equity Balance.

Stakeholder Equity Balance  = Total Assets - Total Liabilities

                                                 = $1,000,000 - $400,000

                                                 = $600,000

<h3>What is Stakeholder Equity?</h3>

The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as

Stockholders Equity = Assets - Liabilities.

Components of the stakeholder Equity are:

  • Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
  • Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
  • Dividends and Net Income: Dividend payments lower retained profits while net income increases them.

Therefore, $600,000 is the stakeholder equity balance.

For more information on Stakeholder Equity balance, refer to the given link:

brainly.com/question/24601429

#SPJ4

5 0
2 years ago
Do the advantages of substituting the bioplastic pla for conventional plastics outweigh the disadvantages
Anna35 [415]

Answer:

The use of Bioplastic PLA is more beneficial than the conventional plastics

Explanation:

The bioplastic PLA is more beneficial because of its compostability, less cost, less Carbon dioxide emission when they are manufactured, plant raw materials are used which absorbs Carbon dioxide, renewable energy is utilized, etc. All these benefit which conventional plastics doesn't have, will leave better impact on the environment. Furthermore, the conventional plastic was very hazardous to marine life which PLA is not. So yes, we must use PLA responsibly. Because if we are recycling more and more, then their are fewer plastic in the ocean and less are the chances that marine life gets hurt.

3 0
3 years ago
A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of t
nika2105 [10]

Answer:

$21,370.1071

Explanation:

The computation of the present value of this perpetuity is shown below:

= The present value after five years + present value on the date of purchase

where,

The present value after five years is

= ($1,000) ÷ (1.04)^5

= $821.9271

And, the present value on the date of purchase is

=  $821.9271 ÷ 4%

= $20,548.18

Hence, the present value of the perpetuity is

= $821,.9271 + $20,548.18

= $21,370.1071

5 0
3 years ago
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