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koban [17]
4 years ago
9

Which of these is not considered for deduction of federal income tax?

Business
1 answer:
Lina20 [59]4 years ago
7 0

Answer:

A. interest earned from state bonds

Explanation:

Since this is about the federal level tax, and the bonds in the statement are state bonds, they are <u>not taxable at federal level</u>. Everything mentioned in other examples (prizes, awards, commisions...) is taxable, no matter if it goes into earned or non-earned income.

However, these bonds can be taxable at state level, but that is irrelevant for this question.

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A snack food company decreases the size of their single-serving size tortilla chips bag to 3. 0 ounces, which is 10% less than t
Harrizon [31]

A snack food company decreases 10% of the size of tortilla chips bag to 3.0 ounces. The original size of the bag is 3.33 ounces.

Percentage is a fraction of a hundred. For example 20% is equal to fraction 20/100.

The formula for calculating the percentage is given by:

percentage = value / total value  x 100%

In the given problem, let:

p = original size of the bag

The snack size is decreased to 3.ounces, which is 10% less than the original size. It means, the current size = 100% - 10% = 90% of its original size.

90% x p = 3

p = 3/90%

p = 3/0.9 = 3.33

Hence, the original size of the bag is 3.33 ounces.

Your question is incomplete, but most probably your question was:

A snack food company decreases the size of their single-serving size tortilla chips bag to 3.0 ounces, which is 10% less than the original size.

What is the original size of the bag?

Learn more about percentage here:

brainly.com/question/21512139

#SPJ4

8 0
1 year ago
The Divirgil Company Net Income is $100. Given the following items:Purchase of debt securities (trading) $7Amortization of premi
Darya [45]

Answer:

a. $74

Explanation:

The computation in the change in cash for the year is shown below:

Net income                  $100  

Less: Purchase of Debt Securities  -$7  

Less: Amortization of Premium on Bonds payable  -$4  

Less: Purchase of Treasury Stock      -$5  

Less: cash Dividends paid            -$10 {($100 - $92) + $2}

Change in Cash          $74  

Hence, the correct option is A. $74

We simply deduct all the items from the net income so that the change in cash could come

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John, a construction manager, has been having problems finding quality employees in some of the company's foreign offices. while
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Ethnocentric policies.

hope this helps!
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