Based on the information given, it should be noted that all proceeds are income tax free in the year that they're received.
<h3>
What is tax?</h3>
A tax simply means a compulsory levy that's paid by the people or companies to the government. It's important to achieve economic development.
For federal tax purposes regarding lump-sum life insurance benefits, it should be noted that all proceeds are income tax free in the year that they're received.
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Answer:
The correct answer is C) The curve shifts to the left because if firms invest less, they will produce less goods and services, that is to say, the will produce less ouput, which will cause a shift of the aggregate demand to left, because the Y axis of the AD Curve represents output.
Answer:
The variance is: $ 0.50 per direct labor hour.
Explanation:
Actual payroll = $117,000/6000h = $19.50 per hour
So, if we compare this value with the standard rate of pay ($20 per direct labor hour) The variance is: $20.00 - $ 19.50 = $0.50 per hour
On behalf of a client, you enter an order to write 5 ABC Jan 30 puts. this order is Opening to sell.
A customer is a person who purchases products or services from a company, and a customer refers to a specific type of customer who purchases professional services from a company. In general, customers buy products and customers buy advice and solutions.
A client is someone who buys goods or pays for services. Businesses and other organizations can also be customers. Unlike Customers, Customers typically have a contract or relationship with a Seller. For example, when you buy coffee at a station cafe, you are the customer.
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Answer:
$1265.63
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
Loss in purchasing value = future value of the amount saved - amount saved
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$25000 (1.025)² = $26.265.625
Amount lost = $26.265.625 - $25,000 = $1265.63
