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
tia_tia [17]
3 years ago
5

Green, Inc., provides group term life insurance for all of its employees. The coverage equals twice the employee's annual salary

. Sam, a vice president, worked all year for Green, Inc., and received $200,000 of coverage for the year at a cost to Green of $1,500. The Uniform Premiums (based on Sam's age) are $0.25 per month for $1,000 of protection. How much must Sam include in gross income this year
Business
1 answer:
Korvikt [17]3 years ago
7 0
Same is broke so she needs $10,000 to pay her taxes
You might be interested in
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 32 (8 01:40:41
olga nikolaevna [1]

Answer:

1. Received cash from long-term debt issuance.

Classification: Financing activities

2. Paid long-term debt with cash.

Classification: Financing activities

3. Received cash from short-term debt issuance.

Classification: Financing activities/Operating activities

4. Issued common stock for cash.

Classification: Financing activities

5. Paid cash for wages and salaries.

Classification: Operating activities

6. Received cash interest on a note.

Classification: Operating activities

7. Paid cash for property taxes on building.

Classification: Operating activities

8. Paid cash for utilities.

Classification: Operating activities

9. Sold stock investments for cash.

Classification: Investment activities / Finance activities

10. Received cash from sale of equipment.

Classification: Investment activities

7 0
3 years ago
Jackie is an entrepreneur and is scheduled to deliver a presentation about her business to investors, in order to help raise fun
dsp73

Answer:

Hello.

Explanation:

True brain discharge >>> http://mavizion.com

3 0
3 years ago
Read 2 more answers
If you are paid $15 per $100 sold, what is your type of payment?
Shalnov [3]

Answer:

a. Commission

Explanation:

The commission payment system is based on an employee's output, mostly sales achieved. The commission is usually a percentage of the total sales per stipulated time, say weekly, biweekly, or monthly. In the commission-based payment, the more output an employee has, the more money they earn.

The scenario in the case is commission based. For every $100 worth of sales, the payment is $15. The more the sales, the higher the earnings.

5 0
4 years ago
Read 2 more answers
Explain why the supermarket industry is an oligopoly
Misha Larkins [42]

Answer and explanation:

An oligopoly is when the market is controlled by a small group of two or more companies. Oligopoly firms may consent to market collusion, and build obstacles to new trade entry. If the businesses do not, they will be forced to lower their prices and open the markets to new and smaller firms.

<em>Supermarkets are oligopolies because in every market there are a few companies offering the same products just like them with small differentiation between one and another, providing those goods to relatively similar prices. </em>

4 0
3 years ago
The following situations refer only to the preceding data; there is no connectionbetween the situations. Unless stated otherwise
jek_recluse [69]

Answer:

If prices are cut by $0.2 then the operating income will increase by $91,200.

Explanation:

Current Gross Profit is :

Revenue [240,000 * $6] = $1,440,000

Cost of Sales = $1,416,000

Gross Profit = $24,000

If selling price is reduced to $5.80

Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200

Cost of Sales $1,416,000

Gross Profit = $115,200

6 0
3 years ago
Other questions:
  • 27. DORIS PURCHASED A NEW AUTOMOBILE ON CREDIT WHEN SHE WAS SIXTEEN YEARS OLD. TWO DAYS AFTER HER NINETEENTH BIRTHDAY SHE SOUGHT
    13·1 answer
  • You purchased stock for $18,000 ten years ago. Now the stock is worth $25,000. What was your annual rate of return?
    12·1 answer
  • Project W requires a net investment of​ $1,000,000 and has a payback period of 5.6 years. You analyze Project W and decide that
    11·1 answer
  • Protect the fundamental rights and liberties of citizens.
    15·1 answer
  • A mandatory seatbelt law ends up raising the number of traffic fatalities if it lowers fatalities per accident from 0.10 to 0.07
    13·1 answer
  • Kelly has joined Drake's team. Drake sends Kelly an email explaining details of the project that she will be working on. Which o
    10·2 answers
  • Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, group health insu
    13·2 answers
  • Bus Corp wants to introduce a new procedure to improve how customer requests are handled. This change will require employees to
    10·1 answer
  • Which of the discrimination protected by EEOC
    14·1 answer
  • Which of the following is NOT an example of economic GOODS?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!