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jeyben [28]
2 years ago
11

Jarrod receives a scholarship of $18,500 from Riggers University to be used to pursue a bachelor's degree. He spends $12,000 on

tuition, $1,500 on books and supplies, $4,000 for room and board, and $1,000 for personal expenses.How much may Jarrod exclude from his gross income?
Business
1 answer:
kodGreya [7K]2 years ago
8 0

Answer:

Jarrod exclude from his gross income of $13,500

Explanation:

The following items which are excluded from the gross income are:

1. Tuition = $12,000

2. Books and supplies = $1,500

The total amount would be equal to

= $12,000 + $1,500

= $13,500

These items would be excluded because the deduction is allowed for these items. Whereas, the room and personal expenses are taxable. Hence, it would be included in the gross income

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Lisa [10]

Answer:

A. Innovator

Explanation:

Adopter categories divides consumers into segments based on their willingness to try out a new ideas or product.

There are five groups of adopters:

1. Innovators: Cameron belongs to this group. Innovators are people who adopt new ideas because they are new. They are the first category of people to try out new things.

2. Early adopters: Unlike innovators, these group of consumers are concerned about their reputation in the society. They don't just purchase a product because it is new.

3.Early majority: These group of consumers purchase a product based on the satisfaction or benefits they will get from buying it.

4. Late majority: They are the fourth group to adapt to a product. They are consumers who takes more precautions before buying a new product. They always rely on confirmation from others before they adopt new ideas.

5. Laggards: The fifth and last grout to accept new ideas. They accept new ideas when being coerced to or they see everyone around them has adopted the new idea.

6 0
3 years ago
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Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th
kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0
3 years ago
You can receive 400,000 five years from today or 1,000,000 thirty years from today. what interest rate makes them equivalent?
deff fn [24]

Answer:

3.73%

Explanation:

The computation of the rate of interest that makes the equivalent is shown below:

As we know that

Present value=Cash flow × Present value discounting factor ( interest rate% , time period)

Let us assume the interest rate be x

where,

Present value of $400,000 is

= $400,000 ÷ 1.0x ^5

And,

Present value of $1,000,000 be

= $1,000,000 ÷ 1.0x^30

Now eqaute these two equations

$400,000 ÷ 1.0x^5 = $1,000,000 ÷ 1.0x^30

(1.0x^30) ÷ (1.0x^5) = $1,000,000 ÷ $400,000

1.0x^(30 - 5)=2.5

1.0x^25=2.5

1.0x = (2.5)^(1 ÷ 25)

x =1.03733158 - 1

= 3.73%

3 0
3 years ago
Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.
Nikolay [14]

<span>The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.</span>

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3 years ago
If you have a team that is low on conscientiousness, which of the following would you recommend?
IceJOKER [234]

Answer: E) They need to define the task and maintenance.

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