Explain the type of data the following scenario describes.

Susan's salary is $44,000 and she received dividends of $600. She received a statement from SJ partnership indicating that her

EastWind [94]

Answer:

Income Tax is referred to as the amount of money an individual is required to report and remit to the tax agencies for earning revenues. Also, it is the federal government's share from the individual's earnings which would be used for their public works projects such as building railways and sewage treatment.

The following amounts are taxable and not.

a. Salary, $44,000 (Yes )

b. Dividends received, $600 (Yes )

c. Share of partnership income, $4,000 (Yes)

d. Partnership distribution in the current year, $1,000 (No)

e. Partnership distribution in the following year, $600 (No)

f. State lottery winnings of $2,000 (Yes)

3 0

3 years ago

Read 2 more answers

After high school, Laverne attends a specialized technical school and earns a certificate in farm equipment repair.......... Aft

BARSIC [14]

Answer:

he gets good grades and gets in a good collage

3 0

3 years ago

Read 2 more answers

What are the activities that should take place during the performing stage

Agata [3.3K]

Answer:

In the performing stage, the role of the mentor shifts from managing group dynamics to focusing on helping members grow and develop in positive ways. Mentors can turn their attention to identifying individuals' strengths and weaknesses, and helping mentees step out of their comfort zones.

Explanation:

7 0

2 years ago

Tee Time Golf Resort plans to use famous Kauri wood from New Zealand for parts of the interior of the magnificent clubhouse at i

Tju [1.3M]

Answer:

correct option is C. it's a good time to buy the wood.

Explanation:

given data

slab = 10 feet

cost Tee Time = $5,000

$500 US dollars = $738 NZ dollars

solution

If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests

we get here current exchange rate of 1 dollar that is as

US $500 = NZ $738

so $1 = $\frac{738}{500}$

$1 = NZ $1.476

current exchange rate is $1 = NZ $1.476

so

10 foot slab costs $5000

so Tee Golf Resort will pay is

Tee Golf Resort pay = $\frac{5000}{1.476}$

Tee Golf Resort pay = $3387.53

so correct option is C. it's a good time to buy the wood.

3 0

2 years ago

How do public disclosure requirements protect consumers?

bearhunter [10]

<span> Public disclosure requirements protect consumers by keeping public companies honest in how they run their business and represent themselves to the public.</span>

6 0

2 years ago