Based on the information given the gift tax in 2019 is $0.
Gift tax are tax that is imposed by the federal government on taxpayer for giving out gift.
The gift tax for 2019 is $15,000 annually which means that any taxpayer that gift someone else gift either as cash or property that is not above $15,000 will not be taxed or will not incurred any gift tax.
On the other hand any taxpayer that give out gift that is above $15,000 will be taxed which means that the giver will have to file a tax return reason being that the gift is above the recommend yearly gift tax exclusion amount of $15,000.
Based on the given scenario the amount Joshua gave his son which is $13,400 is not above the yearly gift tax of $15,000 which means that Joshua will not file a gift tax return.
Inconclusion the gift tax in 2019 is $0.
Learn more about gift tax here:brainly.com/question/7215286
A measurement instrument exhibits _____ if it measures what it is supposed to measure, and not something else.
Reliability
Answer:
The correct answer is letter "C": Managers prefer regular, written reports on firm activities.
Explanation:
Managerial behavior is an approach that focused on the implementation of motivation within the work-frame. The classical management perspective, on the other hand, states that employees are driven by physical and economic needs. It sets aside the worker's job satisfaction and mainly focuses on job specialization. When comparing the two points of view, written reports on firm activities have nothing to do.
Answer:
Sales $869,000
Cost of goods sold 480,000
Gross profit 389,000
Direct expenses 268,000
Common expenses 123,000
Total expenses 391,000
Net loss $(2,000)
Net loss reduces to $2,000 from $28,000.
There is a benefit of $26,000 gained through increased sales.
