Answer:
Option C Both statements are correct.
Explanation:
An S Corporation is not liable for taxes under US tax system, the taxable income of the company is included in the income of shareholders for the year. So if the company is S company then the share of taxable income attributable to Jennifer is 60% of the total Taxable Income which is $48,000 for the year. So the statement 1 is correct.
If the company is taxed under US tax system which means it is C Corporation, then its taxable income will not be included in the income of its shareholders because it would be double taxed for the year. The only income that will be included in the shareholder's income will be the dividends that the shareholder will receive. So the taxable income for the year would be $18000 which is the dividend income for the year. So the statement 2 is also correct.
Answer:
Industrial education will help student to know and understand industry demand. ... First, adaptability is a skill will help students to know and understand industry work and world, such as how to use technology, follow all industry SOP, all new chalanges industry, etc. Second, communication is an important skills to had.
Contractionary economy
Explanation:
<u>This type of economic stance decreases the flow of money in the market to counter the decrease in value of it to increase borrowing power.</u>
This leads to a decrease in consumer spending and an overall decrease in nominal output or GDP.
<u>This stance is usually taken up to counter inflation by curbing the flow of money.</u> While this slows down the economy it can also help in curbing the taxes and relieve the population from inflation through curbed spending and increasing borrowing power.
Solution:
1.
The average snowfall in cincinnati over this period was 28 inches.
In the city cincinnati, snowfall (inches) in january and february is 18 and 38 respectively :
Average snowfall = {18+38}/{2} = 28 inches
2.
If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
If the march data on snowfall is above the average snowfall in January and February (i.e 28 inches), the monthly average will rise because, any snowfall data in march which is greater than 28 inches will lead to rise in monthly average.
For e.g , suppose, If we consider snowfall (inches) in march is 30 inches, than monthly average is :
Monthly average snowfall= {18+38+31} / {3}= 29 inches
which is greater than 28 inches.
Therefore, If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
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