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salantis [7]
3 years ago
6

Which of the following is correct for Qualified Tuition Programs? a. Contributions are deductible and qualified educational expe

nse distributions are tax-free. b. Contributions are deductible and qualified educational expense distributions are taxable. c. Contributions are not deductible and qualified educational expense distributions are taxable. d. Contributions are not deductible and qualified educational expense distributions are tax-free.
Business
1 answer:
sergeinik [125]3 years ago
7 0

Answer:C

Explanation:

Contributions are not deductible and qualified educational expense distributions are taxable

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An HR department at a manufacturing firm wants to ensure that applicants for production jobs provide complete information about
givi [52]

Answer: False

Explanation:

While a review of resumé would give some information about the job a physical interview would give a proper insight on the capabilities of the pool of applicants for the job.

So also verbal communication would help you access their strengths and properly allocate them to departments where they would be most efficient if selected.

A resumé wouldn’t give you such opportunities.

5 0
3 years ago
Read 2 more answers
Tiger, Inc., a calendar year S corporation, is owned equally by four shareholders: Ann, Becky, Chris, and David. Tiger owns inve
matrenka [14]

Answer and Explanation:

The computation of the federal income tax ramifications are shown below:

At the corporate level, the capital gain is

= Worth of the land - the purchased value of the land four years ago

= $240,000 - $160,000

= $80,000

Since there is four shareholders, so the amount each shareholder held is

= $80,000 ÷ 4

= $20,000

And, the David stock basis drop is

= David basis in S corporation stock - land worth + amount of each shareholder

= $270,000 - $240,000 + $20,000

= $50,000

5 0
4 years ago
Which international organization stipulates procedures for the settlement of international trade disputes? a. World Bank b. Inte
mezya [45]

Answer:

d. World Trade Organization

Explanation:

The World Trade Organization (WTO) is the only global international organization dealing with trade rules between countries. The WTO Agreement is at the heart of most of the world's trade nations, negotiated and signed, and ratified by their Parliaments. The goal is to make the business flow as smoothly, freely and independently as possible

6 0
3 years ago
Given the following account balances at year end, compute the total intangible assets on the balance sheet of Vaughn Enterprises
attashe74 [19]

Total intangible assets are $13,019,000.

<h3><u>What are intangible assets?</u></h3>
  • An asset that is not physical in nature is said to be intangible.
  • Intangible assets include goodwill, brand awareness, and intellectual property like patents, trademarks, and copyrights. Contrasting with tangible assets like real estate, automobiles, machinery, and stock are intangible assets.
  • Financial assets like stocks and bonds are also regarded as tangible assets because they receive their value from contractual rights.

There are two types of intangible assets: definite and indefinite. Because it remains with a firm for as long as it is in business, a brand name is seen as an everlasting intangible asset. An agreement to legally use another company's patent without any plans to extend it is an example of a concrete intangible asset.

Total intangible assets = Trademark + Goodwill = $10,009,000 + $3,010,000 = $13,019,000.

Know more about intangible assets with the help of the given link:

brainly.com/question/13848560

#SPJ4

3 0
1 year ago
When the economy is in a decline this is referred to as a
Svetradugi [14.3K]

Answer:

<h2>Recession </h2>

Explanation:

According to economists  ;

A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region.

4 0
4 years ago
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