1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
14

Desai and Lucy divorced in 2018. Lucy has custody of their child, Andrea, and under the divorce decree Desai pays Lucy $120,000

per year. The payments must be made in cash and will cease if Lucy dies or remarries. The payments drop to $100,000 per year once Andrea reaches the age of 18. How much of the payments should Lucy include in gross income this year
Business
1 answer:
ioda3 years ago
4 0

Answer:

$100,000

Explanation:

Lucy will include $100,000 in gross income during the taxable year, Constant income of $100,000 will receive per year in any case.

In the given scenario, Desai has to pay $120,000 but if Lucy Die or remarries, he have to pay only $100,000.

So, $100,000 qualify as Lucy Gross taxable income during the year.

You might be interested in
Intuitive decision making uses ____ to make decisions
rusak2 [61]

Answer:

Judgment.

Explanation:

Intuitive decision making uses ____ to make decisions. Judgment.

3 0
2 years ago
Who wants to be my friend.!?
love history [14]

Answer:

Hey, Sure, I'll to be your friend

5 0
2 years ago
Mrs. Beach bought shells at a gift shop. The red shells (r) were $0. 75 each, and the white shells (w) were $0. 49 each. The tot
inessss [21]

The next guesses of the clerk should be less of red shells and more of white shells.

<h3><u>Decision about less of white and more red shells</u>:</h3>

Given that,

   Red shell [r] costs         =       $0.75 each.

   White shell [w] costs     =        $0.49 each.

   Total of 8 shells              =       $4.70

The clerk guesses that the $4.96 for 4 red shells and 4 white shells is greater than the actual purchase.

Therefore,

The clerk should make use of less red shells, and more of white shells, because the unit costs of red shell is more than the white shell.

Learn more about equations, refer:

brainly.com/question/2574274

4 0
2 years ago
What are examples of career fields Skills USA prepares students for? Check all that apply.
MissTica

Answer:

Health

Education

Information technology

Agriculture

Manufacturing

Explanation:

First let's define a career field skills:

A career field skills is an extra skill or a transferable skill which one can develop on his journey of life in such a way that one can be self employed with it.

Health skills

Education skills

Information technology skills

Agriculture skills

Manufacturing skills

The above mentioned skills are example of career fields Skills USA prepares students for so that they can earn even without working for anyone.

6 0
3 years ago
Which of the following can increase your credit card’s APR?
Lubov Fominskaja [6]
The Answer is 

B) Missing a credit card payment.

5 0
3 years ago
Read 2 more answers
Other questions:
  • What is the future value if the payments are invested with the first national bank which offers semiannual compounding?
    11·1 answer
  • You are depositing $4,500 today at an annual interest rate of 7.2 percent. How much additional interest will you earn if you lea
    11·1 answer
  • Which payment type is the best if you are trying to stick to a budget
    14·1 answer
  • BEST ANSWER WILL GET BRAINLIST PLZ HELP MEE
    13·1 answer
  • Allied Cosmos, a cosmetics company, decides to expand its operations to lower-income areas in developing countries. It starts to
    10·1 answer
  • An economy is operating with output $400 billion above its natural level, and fiscal policymakers want to close this expansionar
    9·1 answer
  • A _____ is a person who specializes in matching jobs with people and usually works only with higher level positions.
    5·1 answer
  • Fractional reserve banking can be thought of as a bank withholding a portion of its total deposits that are not loaned out. hold
    13·1 answer
  • When preparing interim financial statements, an enterprise should: I. Use the same accounting principles followed in preparing i
    11·1 answer
  • prepare the horizontal model for each of the following transactions. a. to record the payment on july 1, assuming that all $27,0
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!