Answer:
Starting 2019, the federal gift tax exclusion is $15,000 per children or grandchildren. That amount was supposed to be increased with inflation during 2020, but I couldn't find any new amount.
total tax free gifts = ($15,000 x 3 children) + ($15,000 x 4 grandchildren) = $105,000
The $105,000 given today will decrease the $11.4 million lifetime exemption allowed for estate taxes.
Answer:
Indirect finance
Explanation:
Indirect financing is when lenders use indirect methods to raise capital from the capital market, such as via a financial institution. This is distinct from direct borrowing in which the issuer selling assets exclusively on the marketplace has a direct relationship to the financial markets.
In the situation of indirect funding, in the way of lower tax rates, the government gives advantage as a means to defend a specific interest instead of raising and reallocating tax income (that would be viewed by a government as a clear funding technique).
<span>Products that the consumer does not know about or knows about but does not initially want are referred to as
unsought product. they only buy this product out of danger or it is required. the common unsought products are fire extinguisher and funeral services</span>
The estimated cost of lost inventory = $4552.1
Explanation:
The cost of lost inventory = inventory,begining+purchases of the period-((1-avg gross profit ratio)(sales for the period-returns for the period))
The cost of lost inventory=$29900+$18900-((1-0.21)($56900-$890))
=$48800-((0.79)(56010))
=$48800-(44247.9)
=$4552.1
The estimated cost of lost inventory is $4552.1
