Answer:
$53,000
Explanation:
Remember, Johnson, needed the money to pay medical expenses. It is important to note that even though any gift is a taxable gift, there are many exceptions to the tax rule. One such gift that is not taxable is; Medical expenses you pay for someone.
In filing the 2019 gift tax return Sayer would by entitled to an exclusion of $53,000.
Answer:
The incorrect statement regarding relevant costs and revenues:
To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives.
Explanation:
For a cost or revenue to be considered as relevant, it must be incurred or earned at a future time. It must also differ between the options available for decision making. A cost or revenue cash flow is relevant if it arises from a management decision and can be avoided. This simply means that if the cost or revenue is not affected by management decision or does not make any difference in decisions, it is not relevant.
Answer:
the Return On COmmon Stockholders Equity is 16.78%
Explanation:
The computation of the return on the common stockholder equity ratio is shown below;
Return On Common Stockholders Equity is
= (Net Income - Preferred Dividend ) ÷ Average Common Stockholders Equity
= ($29,500 - $7,600 ) ÷ 130,500
= 16.78%
Hence, the Return On COmmon Stockholders Equity is 16.78%
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
Implicit cost is a special type of opportunity cost, its generate when an organization or a business has to pay his cost and does not necessary to show it. for example, a businessman gets a salary from his organization.
- In this situation, Wilson owns a club and works as an accountant in it.
- This type of cost defines an Implicit cost for Wilson's health club.
Answer:
The correct answer is a) All of these
Explanation:
The instant messaging carry on benefits in a lot of fields, one of them the business. You can resolve questions immediately, you can contact and make simultaneous sessions with multiple people and you can check if the employees are working or not because you identify if they are logged at the pc.
