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CaHeK987 [17]
3 years ago
11

George Washburn had earnings from his salary of $34,000, interest on savings of $800, a contribution to a traditional individual

retirement account of $1,500, and dividends from mutual funds of $600. George's adjusted income (AGI) would be:_______.a. $62,045.
b. $60,060.
c. $55,450.
d. $57,310.
Business
1 answer:
elena-s [515]3 years ago
4 0

Answer:

$33,900 (none of the options given in the question are correct).

Explanation:

George's adjusted gross income (AGI) will include his personal earnings from his salary, the interest that he has earned from savings, and the dividends that he got from mutual funds, but it will not include his contribution to his individual retirement account, because individual retirement accounts are not included in AGI.

Therefore, George's AGI is equal to:

$34,000 + $800 + $600 - $1,500 = $33.900

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The PR team at GoodJuice writes an article on how well-prepared artificial fruit juices can help individuals lose weight. They b
laila [671]

Answer:

Native.

Explanation:

In this context, it can be said that GoodJuice is using a type of native advertising.

In this advertising strategy, the advertiser's objective is to win the attention of consumers through content that adds some kind of value, that generates engagement and interest. This is a type of paid ad that combines the content and function of the media on which it is served.

One of the examples of native advertising are the recommended content on a web page.

5 0
3 years ago
On January 1, 2020, Harter Company had Accounts Receivable $139,000,
LuckyWell [14K]

<u>Solution and Explanation:</u>

<u>Date Particulars Post ref.         Debit ($)    Credit ($) </u>

5- Jan Accounts Receivable  20000  

Sales revenue                                                     20000

(To record the sales revenue)    

5- Jan Notes Receivable         30000  

Accounts receivable                                              30000

(To record the sales revenue)  

18- Feb Notes receivable          8000  

Sales revenue                                                         8000

(To record the notes receivable and sales revenue)  

20- April Cash                        20400  

Notes receivable                                 20000

Interest revenue                                   400

(To record the collection of notes)    

30 april Cash                           25000  

Notes receivable                                 25000

(to record the collection of payment due)    

25 May Notes receivable         6000  

Accounts receivable                            6000

( To record the note settlement of past due balance)    

18- Aug Cash account               8360  

Notes receivable                                      8000

Interest revenue                                         360

(To record the collection of notes payment)    

25- Aug Accounts receivable  6135  

Notes receivable                                      6000

Interest revenue                                         135

1-Sep Notes receivable            12000  

Sales revenue                                        12000

(To record the note for amount due)    

6 0
3 years ago
Developed nations have lower labour costs than Asian businesses. true or false
Dovator [93]
False, in developed nations labor costs are much much higher which is why labor is sent over to less developed countries
3 0
3 years ago
Suppose an economy has a law that requires all wages to be adjusted quarterly to reflect changes in the general price level. Thi
8_murik_8 [283]

Answer:

economic (or business) cycles are less severe.

Explanation:

If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).

This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.

One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.

8 0
3 years ago
When actual revenue ______ what the revenue should have been, the variance is labeled favorable.
xeze [42]

When actual revenue <u>exceeds</u> what the revenue should have been, the variance is labelled favourable.

Hope that helps!

6 0
2 years ago
Read 2 more answers
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