It cost publishers 125 thousand dollars last year
(please forgive me if this is wrong)
Explanation:
An employee should be paid for the number of hours he worked in the organization and the number of hours he worked overtime for the company. Also if the employee has worked for company on holidays, he should be paid overtime allowance for that.
So according to the above criteria, the following options are appropriate determinants of how much should an employee be paid.
- Determine the number of hours the employee worked
- Determine whether the employee worked overtime hours
- Determine whether any of the days worked are holidays that receive holiday overtime payment rates.
So these above mentioned options determine how an employee should be paid.
Answer: C - Taxable on her 2018 return and increase her basis in the stock.
Explanation: Dividends are the returns on investment which can be cash dividend or stock dividend.
These dividend received can be reinvested. If cash dividend is given, it can be reinvested into purchase of more stocks while if its stock dividend it might not be taxed immediately until the stock are sold.
Tax rate on investment is lower than the income tax rate. Dividend can be classified as ordinary dividend or qualified dividend.
An ordinary dividend are taxed as ordinary income while qualified dividend are that meets a certain criteria as subject to a lower Capital gains tax.
Answer:
The correct answer is letter "B": ERISA.
Explanation:
The Employee Retirement Income Security Act (<em>ERISA</em>) of 1974 is a United States federal law governing health insurance in regards f how they should be provided by employers. Through different amendments, the ERISA has given provisions under different circumstances so employees can have the coverage of health insurance for a certain period after being laid off.
Answer:
For X-Men, the Sales Discount should be recorded at the estimated discount amount that will be taken by the X-Men's customers, which is calculated as: $1,000 * 2% = $20.
The adjusting for sales discount X-Men should be recorded as followed:
Dr Sales Discount 20
Cr Allowance for Sales Discount 20
( to record the estimated sales discount taken)
in which, Sales Discount is a contra-revenue account which helps to record the Net Sales amount from the Gross Sales amount.
Explanation: