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Ad libitum [116K]
3 years ago
8

Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in

benefits under the plan during his period of disability. How much of the benefits received, if any, must Alan include in his income
Business
1 answer:
Margarita [4]3 years ago
6 0

Answer:

$40,000

Explanation:

If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.

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Of the automobiles produced at a particular plant, 40% had a certain defect. suppose a company purchases five of these cars. wha
Stells [14]

The expected value for the number of cars with defects can be obtained by multiplying the probability of success (i.e. the percentage of products with defects - 40%) by the number of cases (i.e. the number of cars purchased – 5).

 

40 / 100 X 5 = 2

 

Therefore, the expected value for the number of cars with defects will be the percentage of products with defects is 2

6 0
4 years ago
Denise's uncle wants to know how efficiently his firm manages its assets and operations to generate net income. Thus, he has con
Sergeu [11.5K]

Answer:

d. profitability

Explanation:

Profitability ratio tells us about the ability to make income by using assets and operation of the business. It deals with different types of income like Gross income, net income, income before interest and tax. Return on Assets (ROA) is the ration that exact ratio which shows the efficiently his firm manages its assets and operations to generate net income.

5 0
3 years ago
What is the law of supply
Julli [10]
The law of supply is a fundamental principle of economic theory which states that, other factors held constant, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes
4 0
3 years ago
Read 2 more answers
Normally, a person with a high level of education makes more money than a person without an education.
WITCHER [35]

Answer: true

Explanation:

8 0
3 years ago
How were the common people affected by the surplus?
Lana71 [14]

The common people affected by the surplus:

The common people were affected by this surplus by being put into cities rather than their property on the farm. This separated families because the men, women, and children were all working long days at the factories rather than the family dynamic that they had when working on the farm together.

The definition of surplus is something this is in excess of what you need. An example of surplus goods is gadgets you do not need and haven't any use for. An instance of surplus cash is money left over after you have got paid all of your payments.

A budget surplus occurs while government brings in extra from taxation than it spends. finances surpluses aren't always beneficial as they could create deflation and monetary growth. finances surpluses aren't always terrible or right, but extended intervals of surpluses or deficits can cause vast problems.

Army surplus is goods, typically matériel, which can be offered or in any other case disposed of when now not needed by the military. marketers often buy these goods and resell them at surplus shops.

Learn more about the surplus here: brainly.com/question/16177976

#SPJ4

7 0
2 years ago
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