The amount of lottery winnings that should be included in Emil's Year 8 taxable income is: $5,000.
<h3>What is taxable income?</h3>
Taxable income can be defined as the income that are reduce by tax or other deduction.
Since we were told that the amount of $5,000 was won in the state lottery, which means that the amount of lottery winnings that should be included in Year 8 taxable income is will be the total or the whole amount of the gambling winnings which is $5,000.
Learn more about Taxable income here:brainly.com/question/26316390
#SPJ1
Answer:
C. Increase in retained earnings for the period
Explanation:
The Standard that deals with the Presentation and discloser of Cash flow statement (IAS7) requires that the items that do not involve the use of cash must be disclosed separately. That means item C , increases in retained earnings for the period is disclosed separately since it does not involve the use of cash.
Answer:
The correct answer is D. the design director
.
Explanation:
Any proposal should focus exclusively on the area potentially involved if it were to be implemented, since it has the appropriate personnel to make a decision about the idea proposed by Sam. This means that all your effort should be directed exclusively to the design area, which is directly related to the art currently used by the LGBTQI magazine. When the idea is approved, it will have to be analyzed by other areas in order to determine its feasibility in quantitative and qualitative terms, but if Sam is sure of it, it is likely to be easily implemented.