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klasskru [66]
3 years ago
9

Acme published a story about paul and as a result paul sued acme for damage to his reputation, emotional distress, and punitive

damages. paul won an award of $20,000 for damages, $5,500 for emotional distress, and $50,000 for punitive damages. what amount must paul include in his gross income? $5,500 $20,000 $50,000 $70,000 all of the benefits are included in gross income.
Business
2 answers:
scZoUnD [109]3 years ago
8 0

Answer:

All of the benefits are included in gross income.

Explanation:

The gross income is the amount of money you receive in a specific period of time before taxes are deducted. When someone receives money from a lawsuit, this money is taxable and has to be included in the gross income with exception to the personal injury cases in which the benefits are tax-free but the injury has to be physical.

In this case, Paul has to pay taxes on his total earnings because emotional distress is not a physical injury and it would be taxed as an income. Because of that, the answer is that Paul must include in his gross income all of the benefits.

ivolga24 [154]3 years ago
7 0

All of the benefits for <em>non-personal injury</em> cases must be reported as gross income for tax purposes. Since defamation isn't a personal injury claim, all of the award must be reported and is subject to taxation.

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Un a supermarket, a vendor's restocking the shelves every monday morning is an example of?
Vadim26 [7]

In a supermarket, a vendor's restocking the shelves every Monday morning is an example of fixed order interval.

The situation where an inventory item has independent demand and orders are placed on a constant time period basis is referred to be an FOI system, also known as a periodic review system.

A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply. Many businesses utilize the fixed order quantity system because it reduces reorder errors, effectively manages storage space, and avoids wasteful blocking of funds that may be used elsewhere.

To know more about Fixed Order Interval refer to:  brainly.com/question/18882719

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5 0
2 years ago
Consider the single factor APT. Portfolio A has a beta of 1.3 and an expected return of 21%. Portfolio B has a beta of .7 and an
svetoff [14.1K]

Answer:

Portfolio A and Portfolio B

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

The Market rate of return - Risk-free rate of return) = Market risk premium

Let us assume the market risk premium be X

For Portfolio A:

21% = 8% + 1.3 × X

13% = 1.3  × X

So, the X = 10%

For Portfolio B:

17% = 8% + 0.7 × X

9% = 0.7  × X

So, the X = 12.86%

Based on the market risk premium calculations, we can conclude that Portfolio A should be in short position while Portfolio B should be in long position as portfolio B has higher market risk premium than B

3 0
3 years ago
Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais
vfiekz [6]

Answer:

The correct answer is "32.076%".

Explanation:

Given:

Initial investment,

= $500,000

Cash inflows,

= $500,000

The floatation cost will be:

= 500,000\times 6 \ percent

= 30,000 ($)

The total cost will be:

= Initial \ investment+Floatation \ cost

= 500000+30000

= 530000

hence,

The rate of return will be:

= \frac{Inflows}{Cost} -1

= \frac{700000}{530000} -1

= \frac{700000-530000}{530000}

= 0.32076

= 32.076 (%)

8 0
2 years ago
Integrated carriers (truck-air) like UPS and Federal Express are able to capture a larger market share because they:
Alik [6]

Options :

A. utilize their own aircraft.

B. have extensive ground networks.

C. have accurate, real-time tracking systems

D. all of the above

Answer:

D

8 0
3 years ago
Read 2 more answers
why do you think governments want to influence the supply of alcohol and tobacco products by imposing excise taxes?
anastassius [24]
So that the government earn more revenue .Few governments for exampe India people are still ready to pay high to consume alcohol and tobacco,So therefore Indian government charges high tax(not too high) so that the consumers doesn't decrease their consumption and increase the government revenues to reduce the consumption .if taxes are high people might refuse to buy tobacco and alcohol thus reduces the consumption
4 0
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