To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
This is further explained below.
<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>
Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.
In conclusion, To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
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CQ
Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?
Paid a hospital $11,000 for medical services rendered to a friend
Paid a family member $15,000 so she could go to school
Made a donation to the democratic party
Made a contribution to the shriner's hospital, which provides free medical care to children
A)
II and IV
B)
I and II
C)
III and IV
D)
I and III
Answer:
D) It is equivalent to 4.06% paid annually
Explanation:
Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:
Interest for each quarter =
= 1%
But this 1% will be paid on the compounded value
Interest at end of Quarter 1 = $100 X 1% = $1
Compounded value at end of Quarter 1 = $100 + $1 = $101
Interest at end of Quarter 2 = $101 X 1% = $1.01
Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01
Interest at end of Quarter 3 = $102.01 X 1% = $1.0201
Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301
Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301
Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401
Now net return annually = $4.060401/$100 = 4.06%
Final Answer
D) It is equivalent to 4.06% paid annually
Answer:
B) Direct materials used + direct labor + factory overhead + beginning work in process - ending work in process.
Explanation:
The formula to compute the cost of goods manufactured is shown below:
= Direct material used + Direct labor + Manufacturing Overhead
where,
Manufacturing Overhead equal to
= Factory overhead + Beginning work-in-process - Ending work-in-process
Or we can say that
Direct material used + direct labor + factory overhead + beginning work in process - ending work in process
Answer:
babysit- which i doubt is a good idea rn
walk dogs
shovel snow from driveways
Explanation:
Answer:
Friendly's would say you were paying <u>1042.86% APR</u>.
Explanation:
Annual percentage rate (APR) can be described as the yearly interest rate that is paid by a borrower to a lender which is expressed in percentage term without taking compounding into consideration.
Annual Percentage Rate (APR) can be determined using the following formula:
APR = {[(Fees + Interest amount) / Principal / n] * 365} * 100 ……………… (1)
Where;
APR = ?
Fees = 0
Interest amount = Amount to repay - Amount to borrow = $12.00 - $10.00 = $2.00
Principal = Amount to borrow = $10.00
n = Number of days in the loan term = One week = 7 days
Substituting the values into equation (1), we have:
APR = {[(0 + 2) / 10 / 7] * 365} * 100
APR = 1042.86%
Therefore, friendly's would say you were paying <u>1042.86% APR</u>.