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fiasKO [112]
3 years ago
5

Derrick was in an automobile accident while he was going to work. The doctor advised him to stay home for eight months due to hi

s physical injuries. The resulting lawsuit was settled and Derrick received these amounts:
Compensatory damages for physical injury $80,000
Punitive damages 95,000
Lost wages 100,000
1. How much of the settlement must Derrick include in ordinary income on his tax return?
Business
1 answer:
Dima020 [189]3 years ago
3 0

Answer:

$95,000

Explanation:

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You work in HR. You are leading a cross-functional team that is preparing recommendations on how to improve the company’s recrui
Sholpan [36]

Answer: Your team members should work together closely to write each section of the report.

                                             

Explanation: As per the given case, the initial investigation has already been done by the team.Thus, in the second phase they will need to gather different ideas and perspectives that should be implemented for achieving the goals.

Hence they should work closely so that more and more of ideas could be considered.

3 0
3 years ago
The green giant has a 5% profit margin and a 40% dividend payout ratio. the total asset turnover is 1.40 and the equity multipli
Eduardwww [97]
<span>Sustainable Growth Rate is = ( 1- Dividend Payout Ratio ) X RoE Now, We have to find out the RoE of the given problem. Return on Equity (RoE) = (Net Profit Margin) X (Asset Turnover) X(Equity Multiplier). = (0.05) X (1.40) X (1.50) =0.105 or 10.5% Now Sustainable Growth Rate(SGR) = (1- .40) X 0.105 = .063 or 6.3% So, According to the question SGR of Green Giant is = 6.3%</span>
6 0
3 years ago
Bernie Company sells buttons to fabric stores. Sales are expected to be $2,046,299 in January, $2,484,001 in February and $3,162
Igoryamba

Answer:

$1,701,371

Explanation:

Gross Profit = Sales - Cost of Sales

therefore,

In percentage this equation can be expressed according to the Company policy as :

<em>46 % = 146 % - 100%</em>

Cost of Sales = 100/146 x $2,484,001 = $1,701,371

Conclusion :

Budgeted cost of goods sold for February is $1,701,371

3 0
3 years ago
Assuming zero transactions costs, if your local grocer buys oranges at a low price from an orchard and resells them to you at a
vitfil [10]

Answer:

The arbitrage profits to the grocer.

Explanation:

Arbitrage refers to the process of simultaneous purchase and sale of an asset to earn profits. The traders exploit the price difference in different markets through arbitrage.  

Here, in the given example, the purchase of oranges from the orchard and then its resale to the consumers is an example of arbitrage. The orchard and consumers are in two different markets.  

The profit earns through this purchase and sale of oranges will be considered arbitrage profit.

3 0
3 years ago
Suppose a consumer is trying to decide how much to spend on transportation and how much to spend on all other ​(non-transportati
Jobisdone [24]

Answer:

E. choose the combination of transportation and ​non-transportation consumption that makes her as well off as possible from among the combinations of transportation and ​non-transportation items she can afford.

Explanation:

Economics is a study that focuses on how a consumer can best use scarce resources to satisfy their needs.

The individual will need to make an optimal combination of various activities to maximise satisfaction.

In this case a consumer is trying to decide how much to spend on transportation and how much to spend on all other ​(non-transportation) consumption.

He will have to prioritise the levels of transport and non-transport expenses that will make him well off.

For example if transportation is a priority, 80% of available funds can be spent on this, while the remaining 20% can be spent on non-transport activities.

3 0
2 years ago
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