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2 years ago

When the price of oil ——————

Business

1 answer:

Ronch [10]2 years ago

7 0

When the price of oil increases sharply, it is often a warning that difficult economic times are coming.

<u> Explanation: </u>

New Delhi: Domestic fuel costs have started a moderate decrease as worldwide rates tumble under the heaviness of record US unrefined yield and US President Donald Trump's risk to forcefully raise tax on Chinese products.

On Monday, oil sold for Rs 73 a liter and diesel at Rs 66.66 at Indian Oil Corporation NSE - 3.76 percent siphons in Delhi. Paces of petroleum and diesel have fallen 13 paise and 5 paise a liter, individually, in two days and if the fall in global oil rates proceeds throughout the following, causing changes in the economy.

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Your friend Scotty informs you that in 2019 he received a tax-free reimbursement of some medical expenses he paid in 2018. Which

DanielleElmas [232]

Answer:

c.Scotty did not itemize deductions in 2018

Explanation:

Itemized deductions can be defined as a form of eligible expenses in which individual taxpayers can claim on federal income tax returns which will in turn reduce their taxable income, and this is said to be often claimable in place of a standard deduction, only in a situation where it is available which is why ITEMIZED DEDUCTIONS are expenses that are allowed by the IRS that can decrease your taxable income because when an individual itemize on his or her tax return, such individual can opt to pick and choose from the multitude of individual tax deductions out there instead of taking the flat-dollar standard deduction.

Therefore based on the Scotty scenario the statements that best explains why Scotty is not required to report the reimbursement in gross income is :Scotty did not itemize deductions in 2018

3 0

2 years ago

How is a line of credit similar to a credit card

xxMikexx [17]

They both have preset limits

8 0

3 years ago

Assessing the communication forms and orientations of coworkers and assessing their sources of identity is an example of which p

Lostsunrise [7]

Answer:

Attending

Explanation:

There are four steps in the risk negotiation cycle that includes attending, sensemaking, transforming and maintaining.

While assessing and analyzing the forms of communication and the workers orientations with respect to identify the sources reflects the attending phase whether the employees attend the orientations and according to that the analyzed could be done

Therefore this is an attending phase

6 0

3 years ago

The units of an item available for sale during the year were as follows: Jan. 1 Inventory 2,500 units at $5 Feb. 17 Purchase 3,3

Alenkasestr [34]

Answer:

ending inventory using FIFO = $11,700

ending inventory using LIFO = $7,500

ending inventory using average method = $9,435

Explanation:

date item units price total

Jan. 1 beginning inv. 2,500 $5 $12,500

Feb. 17 purchase 3,300 $6 $19,800

July 21 purchase 3,000 $7 $21,000

Nov. 23 purchase 1,200 $8 $9,600

total 10,000 $62,900

Dec. 31 ending inv. 1,500

ending inventory using FIFO = (1,200 x $8) + (300 x $7) = $11,700

ending inventory using LIFO = 1,500 x $5 = $7,500

ending inventory using average cost = 1,500 x $6.29 = $9,435

5 0

3 years ago

How do you take a pic of the problem you need help on

Deffense [45]

You can take a picture with a camera and import it to your computer with a USB, or use your phone and use the mobile Brainly.

8 0

3 years ago