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AlekseyPX
3 years ago
15

Jarrod receives a scholarship of $28,000 from Riggers University to be used to pursue a bachelor's degree. He spends $16,800 on

tuition, $1,400 on books and supplies, $5,600 for room and board, and $4,200 for personal expenses. Jarrod may exclude $______ from his gross income.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
6 0

Answer:

The amount might exclude $18,200 from the Gross Income.

Explanation:

The gross income is the amount which the person earn or gain before anything is taken out or deducted for the taxes or the other deductions.

So, in this case, the Gross income is as follows:

The person received the scholarship worth $28,000, out of which he spend $16,800 on tuition, %5,600 on room, $4,200 for the personal expenses and $1,400 on books and supplies.

From all the expenses which will be excluded from the Gross Income are the amount of  fees and the amount spent on books and supplies as these are required for the course.

So, the amount which is excludable from Gross Income is:

Amount which is excludable = Tuition + books

= $16,800 + $1,400

= $18,200

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Answer:

D) rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

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Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _
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Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a <u>contingency</u>.

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It is crucial to take into account the particular contingency factors that apply to each business in order to assess organizational data effectively and increase employee engagement. A need for one component's operations that affects those of another subunit is known as a contingency.

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4 0
1 year ago
Rachel sells 100 shares short at $43. The sale requires a margin deposit equal to 60 percent of the proceeds of the sale. If the
andrew11 [14]

Answer:

23.25%; 62.01%

Explanation:

(a) Amount received:

= No. of shares × selling price

= 100 × $43

= $4,300

Sales deposit = 60% of Amount received

                        = 0.6 × $4,300

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Therefore, Loss = $4,900 - $4,300

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= ($1,600 ÷ $2,580) × 100

= 62.01%

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