Answer:
c. 50%
Explanation:
According to the Internal revenue service, if the joint return is filled with the income below $32,000 then no tax liability would arise
But if the income lies in between $32,000 to $44,000, 50% of the benefits is taxable and if the income exceeds to $44,000, 85% of the benefits are taxable
Since in the question, the combined income is $43,860 that is below $44,000 so only 50% of heir social security benefits are taxable
<span>A limitation of the internal rate of return method is that it ignores vary risks over the life project. Internal rate of return (IRR) is a tool companies use when they are capital budgeting to see what their potential profit is on an investment they are considering. When this method is used, they are typically seeing the benefits early on in the life span of the investment instead of really measuring the long term gains or losses on it. </span>
Answer:
MICE; GIT; FIT
Explanation:
Meetings, Incentives, Conferencing & Exhibitions.
The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.
Group Inclusive Tour
It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.
Foreign Independent Tour
Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.
The accounts receivable credit column of the cash receipts journal is "posted in summary at the end of the month and by individual amounts on a daily basis".
<u>Option: D</u>
<u>Explanation:</u>
In general ledger the sums in the debit and credit column are reported personally. The calendar of receivable accounts is lists of all clients 'accounts, account balances, and total amount due. Here the accounts receivable credit column are those in which the cash receipts journal column is the sums that are added separately to the receivable ledger accounts. Although debit column accounts payable are those in which cash payments journal column is the sums that are added separately to the accounts payable ledger.
Explanation:
precautionary demand for money is classified as money that are held to cover for unforeseen occurrence e.g, an accident or illness.
It should also be noted that: The amount of money held for such purposes is broadly dependent on the level of income and expenditure.
With more income the precautionary demand will increase because there are more likely to be surprises in the timing or magnitude of the correspondingly high expenditures
A higher rate of interest represents a higher opportunity cost of holding money for any reason, including the precautionary reason, and so leads to lower precautionary holdings.
