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eimsori [14]
2 years ago
13

Ron’s gross income is $50,000. He contributed $500 to charity. The mortgage interest on his first home is $3,000 and his medical

expenses are $1,500. What is Ron’s taxable income? Ron’s total deduction is $and his taxable income is $.
Business
1 answer:
Kazeer [188]2 years ago
6 0
Well first its 50,000 - 500 - 3,000 - 1,500 which equal to 5,000 and 50,000 - 5,000 equal 45,000 . so your answer is 5,000 an 45,000
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If a Starbucks vanilla latte costs $5 in Seattle and 4 euros in Paris, what must the exchange rate be if purchasing power parity
anzhelika [568]
D <span>20 euros per dollar</span>
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2 years ago
Bethenny, who resides in Rhode Island, breached a contract entered into in Florida with Geraldo. Geraldo successfully obtains a
Anarel [89]

Answer:

C. Geraldo will be able to sell the beach house in North Carolina through attachment jurisdiction, but he must return to Bethenny any funds obtained in excess of amounts owed

Explanation:

Under attachment jurisdiction also called quasi in rem jurisdiction, Geraldo who has suffered damages on contract breach will be compensated for losses or obtain judgement through the sale of the beach house in North Carolina thowever any excess funds on debt owed gotten through the sale of the house must be remitted or returned to the debtor Bethenny

5 0
2 years ago
Some of the benefits that Robix gives to its CEO and other top executives as a way to attract and retain talented individuals in
egoroff_w [7]

Answer:

Perquisites

Explanation:

Perquisites are added benefits attached tonan office or a position in addition to normal salaries and wages. It includes both direct and indirect benefits that an employee enjoys in addition to his or her normal salary. It is also called Perks for short and can include houses, cars and so on. In this case, the perks are given to top executives members and they include country club membership, vacation policies and chauffeurs.

4 0
3 years ago
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri
disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0
3 years ago
In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d
TiliK225 [7]

Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

Gain = 20,000-15,000-5,000

Gain = 0

5 0
3 years ago
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