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Triss [41]
3 years ago
6

Phillis and Trey are married and file a joint tax return. For 2018, they have $4,800 of nonbusiness capital gains, $2,300 of non

business capital losses, $500 of interest income, and no itemized deductions. The standard deduction for married filing jointly is $24,000. Based on these transactions, to arrive at the NOL, Phillis and Trey's taxable income must be adjusted by $ _______.
Business
1 answer:
nadezda [96]3 years ago
6 0

Answer:

$21,000

Explanation:

NOL, Phillis and Trey's taxable income must be adjusted by:

= Standard deduction - (Interest income + Net non business capital gain)

= $24,000 - [$500 + ($4,800 - $2,300)]

= $24,000 - ($500 + $2,500)

= $24,000 - $3,000

= $21,000

Therefore, the NOL, Phillis and Trey's taxable income must be adjusted by $21,000.

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Purchasing state lottery tickets is reinforced with monetary winnings on a ________ schedule
zalisa [80]
Fixed-Ratio Schedule.

Fixed Interval Schedule.

Variable-Ratio schedule.

Variable-Interval schedule.

there are 4 of them. we can rule out fixed because it's not like there are specific time or amount of time you need to buy lottery ticket to win.

we can also rule out interval because winning isn't dependent on when you buy.

only choice left is variable ratio.
3 0
3 years ago
Genesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division produces containers that can
mash [69]

Answer:

Hence, the minimum transfer price = $2

Explanation:

Transfer price is the price at which goods are exchange between branches or divisions of the same group

Where a division is operating at the less than the existing capacity, to optimist the group profit, the minimum transfer price should be set as follows

Minimum transfer price = Variable cost

It is worthy of note that there is no opportunity cost associated with any transfer to the Cologne division because the Bottle division  is currently having excess capacity- it can meets all demands both external and internal.

<em>Therefore, any offering price equal to or above the variable manufacturing cost  of $2 would be acceptable and optimize the group profit</em>.

Hence, the minimum transfer price = $2

8 0
3 years ago
Jody manages the sales team for a sports equipment manufacturer. sales have been slipping downward at an alarming rate. she call
muminat

Answer: Directive Leadership

Jody manages the sales team for a sports equipment manufacturer. Sales have been slipping downward at an alarming rate thus Jody called a department meeting and set sales goals that the team need to meet. She doesn't care how they meet their goals; she just wants them to do it. Based on this path-goal theory, Jody is using a <span>directive style of leadership.</span>

3 0
3 years ago
Read 2 more answers
The five dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca
ruslelena [56]

Answer:

B) The value of the ingredients that go into the home-cooked meal and the value of a five-dollar dinner at Burger Joint .

Explanation:

Opportunity costs can be defined as the cost for choosing one alternative investment or action over another.

If you choose to use the five dollar gift card, you are going to eat for free, although you might not enjoy that meal as much as your delicious home made dinner.

But if you choose to eat a delicious meal at home, you are going to lose the five dollars of the give card and will have to spend a certain amount of money in making the dinner. Those same ingredients could be used to prepare dinner tomorrow. That is your opportunity cost of eating at home.

4 0
4 years ago
What amount of cash would result at the end of one year, if $15,000 is invested today and the rate of return is 8%
Leona [35]

Answer:

Amount of cash at the end of one year is $16,200

Explanation:

Amount invested = $15,000

Rate of return = 8%

Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200

6 0
3 years ago
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