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
marissa [1.9K]
3 years ago
11

In 2019, Sayer, who is single, have an outright gift of $53,000 to a friend, Johnson, who needed the money to pay medical expens

es. In filing the 2019 gift tax return, Sayer was entitled to a maximum exclusion of _____
Business
1 answer:
AlekseyPX3 years ago
6 0

Answer:

$53,000

Explanation:

Remember, Johnson, needed the money to pay medical expenses. It is important to note that even though any gift is a taxable gift, there are many exceptions to the tax rule. One such gift that is not taxable is; Medical expenses you pay for someone.

In filing the 2019 gift tax return Sayer would by entitled to an exclusion of $53,000.

You might be interested in
If you bought a share of common stock, you would probably expect to receive dividends plus an eventual capital gain. Would the d
larisa86 [58]

Answer: Yes, the distribution between the dividend yield and the capital gains yield would influence the firm’s decision to pay more dividends rather than to retain and reinvest more of its earnings.

Explanation:

Yes, If a company decides to increase its dividend payout ratio, the dividend yield component will rise, but the expected long-term capital gains yield will decline as there is less to reinvest in the company. Also, if the company doesn't pay out dividends, there's more to reinvest in the company. Stable and older companies that are not on a growth objective rely on investors that prefer dividends more than share price appreciation. On the other hand, emerging companies, are inclined to share price appreciation to attract investors. Investors understand that all retained earnings are going towards marketing and growth objectives.

6 0
3 years ago
Which of the following is a communication tool that can be used to strengthen a salesperson's presentation? A. testimonial B. th
adoni [48]

Answer:

E) all of the above

  • A. testimonial
  • B. the product itself
  • C. portfolio
  • D. advertisements

Explanation:

Testimonials are statements that support your credibility, reputation or level of expertise.

If you are trying to sell something, it always helps to be able to show the physical product.

You should keep updated your sales portfolio specially with any new deal or promotion offered by the company or different discount prices.

Advertisements always help by making more people know about your product.

7 0
3 years ago
for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm’s growth ra
Serggg [28]

Answer:

Cost of equity will be 12.96 %

Explanation:

We have given current price of the stock = $32.45

Expected dividend D_1=$2.35 in one year

Growth rate g=5.72%=0.0572

We have to find the cost of equity

Cost of equity is given by

Cost of equity =\frac{expected\ dividend}{current\ price\ of\ the \ stock}+growth\ rate=\frac{2.35}{32.45}+0.0572=0.1296 = 12.96 %

8 0
2 years ago
A customer has purchased 5,000 shares of ABC Corporation stock in lots of 100 shares over an extended period of time at varying
ozzi

Answer:

c. IRS rules allow the taxpayer to specify which shares being sold

Explanation:

As eahc method will make the capital gain or loss to differ the Internal Revenue Service leaves to the stockholder to decide the method

The default method is the FIFO method which states the first shares purchased are the first sale but, leaves choise to the stockhodler to use specific identification which, is what the statement correctly points out.

The method are not "required" but allowed as the stockholder see fit.

8 0
2 years ago
Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to $40. A call option on Z with exac
PilotLPTM [1.2K]

Answer:

0.33

Explanation:

Delta = (Cu – Cd)/(Su – Sd)Cu

= 62.50 – 55 = 7.50

Cd = 0

Delta = (7.50 – 0)/(62.50 – 40)

= 0.33

5 0
3 years ago
Other questions:
  • If an automobile manufacturer discovers a potentially hazardous defect in the product, the subsequent recall of the vehicles is
    6·1 answer
  • An account never used in a service business is
    6·1 answer
  • You paid $10,000 for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum
    6·1 answer
  • You have funds that you want to invest in bonds, and you just noticed in the financial pages of the local newspaper that you can
    11·1 answer
  • Firms that use a lot of debt are said to have a great deal ofa. benchmarks.b. financial strength.c. financial leverage.d. liquid
    5·1 answer
  • Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Direc
    15·1 answer
  • Who remabers portal?
    13·2 answers
  • Serge supervises toolmakers who make custom parts for the engineering department before these parts go into production. Deshaun
    15·1 answer
  • Setting and achieving goals is essential to success.<br><br> a. True<br> b. False
    7·1 answer
  • When amazing bikes co. sells inventory to a customer with shipping terms fob destination, to record the shipping costs amazing b
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!