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
sergiy2304 [10]
3 years ago
9

Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany

him and, instead, moved from Alabama to her parents' home in California. If she received a $7,500 relocation allowance and was later reimbursed an additional $2,500, how much of the $10,000 moving allowance she received, if any, must she include in her income
Business
1 answer:
daser333 [38]3 years ago
6 0

Answer:

$0

Explanation:

Generally speaking, military housing allowances, subsistence allowances, overseas housing allowances and family separation allowances are not included in gross income. They are not taxed by the federal or state governments. Military personnel are not relocated based on the country's national security needs, not their own personal needs.

If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

You might be interested in
Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If
Evgesh-ka [11]

Answer:

A,. 13.33%.

Explanation:

Return on Investment (ROI) which gives the efficiency of a particular investment

We were given invested capital amounted as $6,000,000, and operating expenses as $5,000,000

We can calculate net income by substracing equal sales revenue from operating expenses

net income can be calculated as = ($5000000-$420000)

= $800000

ROI can be calculated as

net income/Capital investment

$800000/$6000000

=. 13.33%.

4 0
3 years ago
As the President of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
ivanzaharov [21]

Answer:

B. Information management

Explanation:

Information management refers to managing the sources of information that a company uses, and distributing the information received to the internal users. It involves identifying information needs, developing information services, and distributing and using that information.

3 0
3 years ago
Which statements are false? Money comes in different forms. Money is indivisible.
Papessa [141]
Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent
8 0
3 years ago
Read 2 more answers
An important function of the regional Federal Reserve Banks is Question 2 options: A) clearing checks. B) determining monetary p
zysi [14]

Answer:

B) determining monetary policy AND D) setting reserve requirements.

Explanation:

The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.

The Fed's main duties include <u>conducting national monetary policy, </u>supervising and regulating banks, maintaining financial stability, and providing banking services.

Furthermore, In the United States, the Federal Reserve Board of Governors <u>controls the reserve requirement</u> for member banks.

3 0
3 years ago
Explain the following: "a broadened view of social responsibility of business calls for more attention to social concerns."
mina [271]
That is right glad u got help!
3 0
3 years ago
Other questions:
  • The writing for a proposal should
    10·1 answer
  • The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to
    6·1 answer
  • The optimum approach for escalation is based on a thorough integration of the monitoring process into the
    10·1 answer
  • Mixed economies can evolve when societies with different kinds of economies interact. True or False
    11·1 answer
  • Free trade _______.
    6·2 answers
  • Kathy has $50,000 to invest today and would like to determine whether it is realistic for her to achieve her goal of buying a ho
    10·1 answer
  • Mike Greenberg opened Cheyenne Window Washing Inc. on July 1, 2022. During July, the following transactions were completed.
    14·1 answer
  • If, when you consume another piece of candy, your marginal utility is zero, then?
    12·1 answer
  • retail marketing strategy is based, in part, on which characteristic unique to the retail environment? multiple choice increase
    15·1 answer
  • Fiberone cereal costs about the same as apple jacks, boo berry, multigrain cheerios, cinnamon toast crunch, crispix, and corn fl
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!