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
geniusboy [140]
3 years ago
10

Helen is a U.S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she sp

ent the entire year in London and earned a salary of $126,400. How much of her salary will she be allowed to exclude from gross income in the United States?
Business
1 answer:
True [87]3 years ago
7 0

Answer and Explanation:

$102100 is the foreign earned income exclusion limit for 2017 , therefore Helen who is a U.S. citizen can exclude $102100 from gross income in the U.S.

You might be interested in
Daniel Co. has 500 employees who work 8-hour days and are paid hourly. On January 1, 2020, Daniel started granting its employees
Jobisdone [24]

Answer:

The amount of expense for compensated absence to report in income statement for 2020 is $2,000,000.

Explanation:

This can be calculated using the following formula:

Amount to report in income statement for 2020 = Number of employees * Hourly wages in 2020 * Number of hours worked daily * Vacation Days Earned by Each Employee .......................... (1)

Where;

Number of employees = 500

Hourly wages in 2020 = $25

Number of hours worked daily = 8

Vacation Days Earned by Each Employee = 20

Substituting the values into equation (1) we have:

Amount to report in income statement for 2020 = 500 * $25 * 8 * 20

Amount to report in income statement for 2020 = $2,000,000

Therefore, the amount of expense for compensated absence to report in income statement for 2020 is $2,000,000.

4 0
2 years ago
Services differ from manufacturing for all of the following reasons EXCEPT: a. Heterogeneity b. Time-perishable capacity c. Simu
wolverine [178]

Answer:C. Simultaneous production and consumption.

Explanation:

Production and consumption occuring at the same time will not make products to differ.

Heterogenity which refers to different qualities in firms will lead to different products. Time perishable capacity which means idle time during low patronage will still allowed products differences, Abilities to limit the discretionary input of personnel will not debar product differences and Customer provides significant input into the process will allowed products differences.

4 0
3 years ago
Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling
lana66690 [7]
Hospice care 
Care designed to give supportive care to people in the final phase of a terminal illness and focus on comfort and quality of life, rather than cure. The goal is to enable patients to be comfortable and free of pain, so that they live each day as fully as possible.
6 0
3 years ago
Lakeview Company completed the following two transactions. The annual accounting period ends December 31.
Ann [662]

Answer: Check attachment and explanation.

Explanation:

a. The question has been solved. Check the attachment.

b. LAKEVIEW COMPANY

Balance sheet (Partial)

December 31

Current liabilities

FICA Payable=$4800 + $4800= $9600

Charitable contribution payable = $2400

Withheld income tax payable = $6400

State and Federal unemployment tax payable = $560

Unearned rent revenue = $5700 - $3800 = $1900

Total current liabilities = $20860

6 0
2 years ago
What types of government policies might help to improve the unemployment situation for these would be job seekers?
nikklg [1K]

Answer:

Following are the suggestions to solve unemployment problem:

(i) Change in industrial technique:

(ii) Policy regarding seasonal unemployment:

(iii) Change in education system:

(iv) Expansion of Employment exchanges:

(v) More assistance to self employed people:

(vi) Full and more productive employment

Explanation:

3 0
2 years ago
Read 2 more answers
Other questions:
  • Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 91,000 shares of $5 par common stock. Dur
    5·1 answer
  • What is the annual percent change in the striped bass population?
    11·1 answer
  • Which of the following would be covered by a home insurance policy?
    5·1 answer
  • John works as a quality analyst at a technological firm. He wanted to buy a mobile phone for his wife. Though he was abreast of
    14·1 answer
  • What is a box braid
    15·1 answer
  • The concept of productivity can be reduced to this practical rule: The more you can produce (output) in any period of time (inpu
    11·1 answer
  • If a well-diversified portfolio of stocks has an expected return of 15% when the expected return on the market portfolio is 10%,
    5·1 answer
  • Define national security​
    10·2 answers
  • Has Toyota done the right thing by manufacturing a car brand for everyone? Why or why not?
    7·1 answer
  • Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfactio
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!