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3 years ago

To change gross income, someone would need to

2 answers:

7 0

The answer is C. Earn more money

Gros income is the amount of money you earn in your paycheck from work. This after all deductions (such as taxes) are dealt with. So in all it's the amount of spending money you are paid. The only real way to change this is to make more money, therefore; your answer is C.

elena-14-01-66 [18.8K]3 years ago

3 0

C.) <span>To change gross income, someone would need to "Earn More Money"

Hope this helps!</span>

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Easy!! 30 points!!

Nadusha1986 [10]

Answer:

Country B has a comparative advantage producing coal.

Explanation:

I believe this is correct, if not let me know and I will fix it. I'm sorry in advance if it is incorrect.

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2 years ago

Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest pay

Amiraneli [1.4K]

Answer:

In the first part of the question we calculate that Park's times interest earned ratio is $1885000 / $145000 = 13 times

if Park's competitor has a times earned ratio of 4, it means that Park is in a much better financial position to make interest payments.

The times interest earned ratio measures how many times a company can pay their interest expense with their current EBIT or operating revenue. The higher the ratio, the better since it shows a healthier financial position.

Neither park nor its competitor are currently at risk of not paying their debt, but what happens if something goes wrong and sales decrease or costs increase? Or everyone has to stay home for a while? Park can handle a bad economy better than its competitors.

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3 years ago

Marcella (a calendar year taxpayer) purchased a sculpture for $5,000. When the sculpture is worth $12,000 (as later determined b

TiliK225 [7]

Answer:

$2,496

Explanation:

Marcella's overvlauation = $38,000 - $12,000 = $26,000

It is more than twice the fair value of the sculpture ($12,000 x 2 = $24,000), so her penalty will be doubled.

The normal penalty = 20% x $6,240 = $1,248

Double the penalty = $1,248 x 2 = $2,496

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3 years ago

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers?

ASHA 777 [7]

What could reduce potential conflicts of interest is the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions

Let understand that Shareholders are basically the “owners” of the company and they are entitled to dividend payments and stock price appreciation because they bought shares.

Let understand that Managers are the people or officers who manage the company (& shares) on a daily basis.

Now, there can be conflicts of interest between stockholders and managers because of disagreement on what should be and not.

The major actions that can help to reduce this conflict are covenants in bond agreements. By reason of this, the manager of limited on what to do with the funds of the shareholders and can be penalized if found defaulted by law.

Learn more about covenants in bond agreements

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3 years ago

Expenses that are contractual in nature and are normally paid every month are

kondor19780726 [428]

Car leases or phone bills that have contracts

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3 years ago