Isn't she an electrician? Please explain question more
Answer:
The penalty will be worth $200.
Explanation:
The certificate of deposit is worth $20,000.
The interest rate on it is 6%.
The penalty on early withdrawal is 2 months of interest.
The annual interest
The penalty will be
Answer:
When Jameel lost his job with a fruit and vegetable shop that closed downhe decided to open his own store. He had good contacts with suppliers.
They said they would give him one month’s credit before he paid for
supplies. Jameel had $5000 in savings to invest in the shop. He thought thiswould be sufficient to start the business. He is an independent man - he
never liked taking the manager’s orders in the food shop! He wanted to
operate his new business as a sole trader
Explanation: hope this helps if not i am sorry
Answer:
$18,200
Explanation:
Calculation to determine what Jarrod may exclude from his gross income.
Using this formula
Gross income=Tuition+Books and supplies
Let plug in the formula
Gross income= $16,800 + $1,400
Gross income=$18,200
Therefore Jarrod may exclude $18,200 from his gross income.
Answer:
The correct answer is option e.
Explanation:
Scholarships may or may not be taxable. Scholarships are generally tax-free when they are used to pay for tuition, books and other necessary equipment.
Here, Nicole is getting a scholarship of $52,000 for the year 2018.
She is spending $40,000 on tuition, $5,000 for books and $7,000 for room and board.
The total expenses are
=$(40,000+5,000)
=$45,000
So, out of $52,000 non taxable amount is $45,000.
Nicole will be taxed for $7,000 and will be exempted from tax for $45,000.
