Answer:
The correct answer is B) work councils.
Explanation:
The work councils are responsible for energizing the internal functioning of organizations and are a meeting point where professionals from functional areas of companies share, discuss and agree on proposals that reverse business and sector improvement.
Answer:
[C] Strike price minus the premium
Explanation:
A put buyer refers to the one who purchases a right (and not the obligation) to sell(put) the underlying asset at a pre determined strike price/exercise price at a future date.
A put buyer is under no obligation to exercise his right of selling the underlying asset. He will exercise his right only when his strike price is greater than the current market price upon expiry of the contract.
Put Buyer's profit is expressed as;
= Strike price - Option premium paid - Current market price upon expiry
Thus, his NET sales proceeds are equal to his Strike Price as reduced by Option premium paid.
Complete Question:
Jon is a cash-basis taxpayer and has adjusted gross income of $40,000 in 2018. During the year he incurred and paid the following medical expenses.
Drugs and medicines prescribed by doctors $300
Health insurance premiums $750
Doctors' fees $2,250
Eyeglasses $75
How much medical expense can he deduct as itemized deduction?
Answer:
Jon
Medical expense that Jon can deduct as itemized deduction:
= $375
Explanation:
a) Data and Calculations:
Adjusted gross income = $40,000
Incurred medical expenses:
Drugs and medicines prescribed by doctors $300
Health insurance premiums $750
Doctors' fees $2,250
Eyeglasses $75
Total = $3,375
Under Tax Cuts and Jobs Act (TCJA), the medical expenses which can be deducted as an itemized deduction on the federal income tax return are only to the extent that they exceed 7.5% of adjusted gross income (AGI).
7.5% of $40,000 = $3,000
Therefore, Jon can itemize deduction of $375 in medical expense.
Answer:
d. Revenues increase, so total equity is increased.
Explanation:
Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.
Answer:
All answers except 2 and 3 can be treated as correct.
The main reason is that bothered of them involves getting loans and although federal loans may have relatively lower interest rates, still it would be difficult to manage once he is out of the college.
The other options provide wonderful opportunities to afford him his studies without getting into debt so matt should try one of those options.
Explanation: