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
lidiya [134]
3 years ago
5

Laura is a student at a state university. In 2018, she received a scholarship of $6,000 for tuition and fees and an assistantshi

p for $3,000. What is the amount that Laura must report in income?
a. $9,000.
b. $0.
c. $3,000.
d. $6,000.
Business
1 answer:
lidiya [134]3 years ago
7 0

Answer: c. $3000

Explanation:

The amount Laura is required to report income is $3000 from her assistantship as this is regarded as a form of salary. While most of the income one earns through work or investments is required to be reported and are subject to federal income tax in some instances, certain categories of income that the government doesn't tax such as money from qualified scholarships. This is the reason the $6000 is not included in income. However, if some portions are used to pay for accommodation or personal expenses, that portion is usually reported.

You might be interested in
In order for private bargaining to result in the efficient outcome,A) an injunction must be requestedB) property rights must be
lianna [129]

Answer:

The correct answer is letter "B": property rights must be clearly assigned to the parties involved in the dispute.

Explanation:

Named after British lawyer and economist Ronald Coase (<em>1910-2013</em>) the Coase Theorem states when there are competitive markets and no transaction costs bargaining will lead to an efficient and mutually beneficial outcome. The theorem affirms that when property rights are defined and divided, parties will gravitate to the most efficient and beneficial outcome.

3 0
3 years ago
1. Identify various production processes and
rewona [7]

Answer:

D

Explanation:

8 0
3 years ago
The scarcity problem:- Persists only because countries have failed to achieve continuous full employment.- persists because econ
ladessa [460]

Answer:

Persists because economic wants exceed available productive resources.

Explanation:

According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

The problem of scarcity is that our wants are always beyond what we can produce with our resources.

Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.  

Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.

The opportunity cost of taking action is what we could have got if we had taken an alternative action.

3 0
3 years ago
Over the next three years, a firm is expected to earn economic profits of $60000 in the first year, $50000 in the second year, a
AfilCa [17]

Answer:

I believe that it is a governmental regulation of business

Explanation:

5 0
3 years ago
A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with thi
Alinara [238K]

The <u>most likely outcome</u> when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products

<h3>What is product advertising?</h3>

Product advertising:

  • Is a management effort geared towards creating a demand for a product.
  • Promotes consumer awareness.
  • Fosters consumer interest in the product.
  • Encourages consumers to make purchase decisions quickly as they see the product.

Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.

Learn more about product advertising at brainly.com/question/1658517

#SPJ1

<h3>Question Completion with Answer Options:</h3>

A. It will be difficult to manufacture the product.

B. The company will have to work hard to build up the brand.

C. The new product is certain to be accepted by the market.

D. The new product can be advertised alongside existing products.

E. It will take a long time for customers to feel loyal to the product.

7 0
2 years ago
Other questions:
  • A television commercial for a new car carefully analyzes the car's features and price, relative to other available models. The a
    14·1 answer
  • Entries for notes payable Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account. Assume a 360
    11·1 answer
  • A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. the management decides to evaluate t
    11·1 answer
  • Which of the following choices is an example of an intangible item??
    8·1 answer
  • A small local bank has made many loans to several energy companies recently because these companies have had no problem repaying
    8·2 answers
  • Universal Containers has two sales groups. Each group has its own unique sales process. What is the best way to ensure that sale
    15·1 answer
  • Which of the following statements explains the concept of the tragedy of the​ commons? ​(Check all that apply.​) A. It occurs du
    13·1 answer
  • A student wants to have $30,000 at graduation 4 years from now to buy a new car. His grandfather gave him $10,000 as a high scho
    11·1 answer
  • what term is used to describe the approach taken by companies such as magicleap.com where physical and digital objects are able
    10·1 answer
  • In the opening case of target's erp implementation, what were the bad managerial decisions made that led to a failed outcome?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!