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Drupady [299]
3 years ago
10

Kennedy had a very busy 2020 as she graduated with a master in public health in May and began work in July. She has asked you fo

r help with her 2020 tax return. For each item, indicate whether: (i) the item would be recognized in gross income this year, (ii) the item would be excluded or deferred from gross income this year, or (iii) more information is needed.
Kennedy received free health care from her employer but the coverage would've cost $2,000 if she had to pay for it.

a. included
b. excluded or deferred
c. more information is needed
Business
1 answer:
ZanzabumX [31]3 years ago
7 0

Answer:

The correct alternative is option b (excluded and deferred).

Explanation:

  • A professional, funded health department organization, which provides workers and certain close relatives, convenient and fast accessibility to every continuum of clinical governance, recognized as carefree.  
  • The affordable welfare of the workplace would be a marginal declaration and free of charge.

Two other alternatives to vulnerability exist. Then choice b seems to be the answer.

You might be interested in
A company uses the FIFO method for inventory costing. During a period, a production department had 56,000 units in beginning goo
marishachu [46]

Answer:

158460 ( B )

Explanation:

Given data :

production department ; 56000 units

process inventory = 32% = 0.32

completed and transferred units = 167000

ending goods units = 14000,      67% complete = 0.67

attached below is the table representation of the solution

The number of equivalent units produced by the department

= ∑ all the variables listed on the table

= 38080 + 11100 + 9380 = 158460

7 0
3 years ago
Samantha’s paper fits her audience and thesis but doesn’t match the purpose. which stage of the fact strategy applies
Alina [70]
The answer to the question above is FIT. The stages of the FACT strategy include fit, add, cut out, and test. In this case, the one that fits Samantha's situation is fit. In the FACT strategy in writing, this is when the topic relates to its audience and thesis, but then, it deviates to what the real purpose of the writing is all about. 
4 0
4 years ago
Michelle has the following monthly expenses 490 dollars in rent $300 in groceries $90 in movies $69 in clothes $130 cellphone $9
Westkost [7]

Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.

5 0
3 years ago
Western Company is preparing a cash budget for June. The company has $10,600 in cash at the beginning of June and anticipates $3
Mkey [24]

Answer:

$5,300

Explanation:

The computation of maintained balance is shown below:-

Total amount = Opening Balance + Cash Receipts - Cash Disbursement

= $10,600 + $31,400 - $37,300

= $42,000 - $37,300

= $4,700

In order to maintain a balance of $10,000, it needs to borrow = $10,000 - $4,700

= $5,300

Therefore to maintain a balance of $10,000, it needs to borrow $5,300

3 0
3 years ago
A 16-ounce bottle of Prairie Herb vinegar sells for $4.95, and a 16-ounce bottle of Heinz vinegar costs $1.05. Prairie Herb vine
Svetlanka [38]

Answer:

Price Skimming

Explanation:

Price skimming: It is a pricing strategy of a firm that allow firm to use higher price of a product initially, however, firm reduce the price over the period of time to gain more marketshare by penetrating the product into different segment, which are price sensetive segment. Higher price at the beginning help the firm to gain more profit to cover most of the cost as demand is high at the beginning due to brand value and buzz created by the firm before launching the product in the market.

In the given case, Prairie herb vinegar have sold the 16-ounce bottle at higher price than Heinz Vinegar, however, they are used in the same way, as Prairie Herb vinegar is new to the market, perceived to be of higher quality, and provides a unique flavor to foods, which is a example of price skimming.

4 0
3 years ago
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