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Luda [366]
3 years ago
5

ete is a California resident who is serving in California when he is transferred to Virginia under Temporary Duty (TDY) assignme

nt. His salary is $3,000 per month. Pete is transferred on April 1 of the current year. How much of his income is taxable in California
Business
1 answer:
Svetlanka [38]3 years ago
8 0

Answer:

$36,000

Explanation:

Temporary duty can't change anything when someone is domiciled in the state and a responsible resident of the state, therefore his whole income would be taxable as usual whether he is in the state or out of state.

Workings:

Financial year= 12 months

Monthly salary = $3,000

Taxable income= $3,000 x 12 months

Taxable income = $36,000

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Use the following information and the indirect method to calculate the net cash provided or used by operating activities:
IrinaK [193]

Answer:

c. $94,400

Explanation:

Net cash provided or used by operating activities is computed as see below;

Net cash provided or used by operating activities = Net income + Depreciation expense - Gain on sale of land - Increase in merchandise inventory + Increase in accounts payable

Net cash provided or used by operating activities = $85,800 + $12,500 - $8,000 - $2,550 + $6,650

Net cash provided or used by operating activities = $94,400

8 0
3 years ago
If a nation is going to achieve and sustain a high rate of economic growth, it must
Marina86 [1]

Answer:

I think the answer is 3.

Explanation:

For a high economy, a nation must have wealth (well there are other factors too) and for wealth it must have a mechanism for attracting savings and channeling the for money and slowly slowly the economy will start growing.

5 0
4 years ago
How has the pattern of trade changed in the United States since 1960?
ki77a [65]

Answer:

The correct answer is letter "B": Imports have grown faster than exports, and the United States has become a net importer.

Explanation:

International trade is not just a major engine of the U.S. economy, but for the global economy. The total trade share in terms of the global Gross Domestic Product was 25% in 1960 and it has raised to 56% in 2017. Though, imports have surpassed the level of exports, making America be a net importer. Main imports are in the form of raw materials for the production of different goods mainly vehicles, and clothing.

5 0
3 years ago
The us of independent channel members in a channel of distribution allows manufacturers to ____
Kipish [7]
<span>The us of independent channel members in a channel of distribution allows manufacturers </span>to achieve distinctive clients with a similar item or diverse clients with various items exceptionally basic for vast and little firms. 
Ex) apple store, apple site, best purchase with apple items
8 0
3 years ago
Geoff is a sales representative for a magazine distribution company. His sales have been down the past two months but he has ana
Svetlanka [38]

Answer:

Resilience.

Explanation:

In business, Geoff is demonstrating an ability termed resilience to recover from his low sales and not only adapt but offering post disaster strategies to prevent low sales. By demonstrating resilience, Geoff could bounce back from such a setback.

5 0
3 years ago
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