Answer:
c. $1,400
Explanation:
The computation of the amount which is reported in the gross income is shown below:
= Interest on U.S. government bonds + Interest on a Federal income tax refund + Gain on the sale of Madison County school bonds
= $700 + $200 + $500
= $1,400
The Interest on Madison County school bonds $600 is exempt. So, it is not taxable and thus not included in the gross income.
Answer:
i dk
Explanation:
tthanks for the points tho
Answer:
The correct option is False.
Explanation:
The safety stock levels are not decreased before and after the centralization, only when the lead time demands between the two warehouses were perfectly positively correlated. i.e the demand in both the warehouses was increasing and decreasing at the same time.
<em>As the correlation indicated in the question statement is regarding the negatively correlated thus the statement is false.</em>
Answer:
Date Description Debit Credit
March, 31 Payroll Tax expense $2,320.50
FICA Social Security taxes $1,054
FICA Medicare taxes $ 246.50
FUTA taxes $ 102
SUTA taxes $ 918
<u>Working </u>
FICA Social Security taxes = 1,700 * 10 * 6.2% = $1,054
FICA Medicare taxes = 1,700 * 10 * 1.45% = $246.50
FUTA Taxes = 1,700 * 10 * 0.6% = $102
SUTA Taxes = 1,700 * 10 * 5.4% = $918
Payroll Tax expense = 1,054 + 246.50 + 102 + 918 = $2,320.50
The fish cannery will use the recycling method, regardless of who has the property rights: TRUE
<h3>
What is recycling?</h3>
- Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
- Both the environment and your community may benefit from recycling.
<h3>
Given situation:</h3>
"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.
In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.
The resort will make the most economic profit when it has property rights to a clean lake."
Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.
Know more about economic profits here:
brainly.com/question/24477585
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