1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
loris [4]
3 years ago
9

Ellie purchases an insurance policy on her life and names her brother, Jason, as the beneficiary. Ellie pays $41,000 in premiums

for the policy during her life. When she dies, Jason collects the insurance proceeds of $615,000.
As a result, Jason reports gross income of:______.
Business
1 answer:
Daniel [21]3 years ago
6 0

Answer: $0

Explanation:

Life insurance proceeds are generally considered to be tax exempt in order to ease the burden on the bereaved which means that Jason does not have to report any gross income from receiving this insurance proceeds.

If Jason does not collect all the proceeds at once however, and leaves some or all of it with the insurance company to accumulate interest, he will have to pay taxes on that interest.

You might be interested in
. In 2000, KFC® and A&W® restaurants successfully merged because each had a strong
klio [65]

Explanation:

Co-branding is a form of branding that connects companies together. Essentially, co-branding is a marketing partnership between two or more businesses.

6 0
3 years ago
Which school faculty member should you talk to about enrolling in an AP<br> course?
gregori [183]

Answer: The guidance counselor

Explanation:

Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.

A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.

A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.

The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.

course?

3 0
3 years ago
The goal of ____ is to establish international technological standards to facilitate the global exchange of information and barr
arsen [322]

The goal of <u> ISO</u>  is to establish international technological standards to

facilitate the global exchange of information and barrier-free trade.

<h3 /><h3>what is the goal of ISO in IT to global exchange?</h3>

  • The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies;

  • It develops and publishes a wide range of proprietary, industrial, and commercial standards and is comprised of representatives from various national standards organizations.

  • The organization's abbreviated name—ISO—is not an acronym; it derives from the ancient Greek word ísos, meaning equal or equivalent.

  • Because the organization would have different acronyms in different languages, the founders of the organization decided to call it the short form ISO.

  • The International Organization for Standardization (ISO) is an international nongovernmental organization made up of national standards bodies that develop and publishes a wide range of proprietary, industrial, and commercial standards.

  • The International Organization for Standardization (ISO) was founded in 1947 and is headquartered in Geneva, Switzerland.

  • In addition to producing standards, ISO also publishes technical reports, technical specifications, publicly available specifications, technical corrigenda, and guides.

To learn more about ISO, refer

to brainly.com/question/25311149

#SPJ4

5 0
2 years ago
You're attempting to determine the amount of usable floor space in your day care facility. Which one of the following areas can
Serjik [45]
I believe the answer is d. I hope it was right and I helped!
4 0
3 years ago
A sale transaction closes on April 1, the ninety-first day of the tax year. The day of closing belongs to the seller. Real estat
zysi [14]

Answer:

$785.34

Explanation:

The computation of the seller's share of the tax bill is shown below:

= Expected estate taxes for the year × number of days of the tax year ÷ total number of days in a year

= $31,50 × 91 days ÷ 365 days

= $785.34

We simply applied the proportionate method so that the approximate value could be arrived by taking all the information which is mentioned in the question.

3 0
3 years ago
Other questions:
  • This is a match question im offering 25 points too cuz ik ppl don't really like this kind but bear with me!
    12·1 answer
  • Why is it important to write a business plan?
    5·2 answers
  • 1) Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic i
    12·1 answer
  • In addition to contributing money to a candidate, which is limited to only $5,000, which way does a PAC contribute to campaign e
    14·2 answers
  • The act of arranging tasks in order of importance or timeliness is called
    10·2 answers
  • Patents are on the books of a British subsidiary of a U.S. firm at a value of 50,000 pounds. The patents were acquired in 2017 w
    10·1 answer
  • High Step Shoes had annual revenues of $202,000, expenses of $112,200, and dividends of $24,800 during the current year. The ret
    12·1 answer
  • Which of the following is not a component included in a standard business plan?
    6·1 answer
  • Marginal cost is equal to average total cost when a. average variable cost is falling. b. marginal cost is at its minimum. c. av
    11·1 answer
  • Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and co
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!