Answer:
room and board, textbooks, tuition
Explanation:
A 529 plan is one that has a tax advantage and is designed as a savings account for college students.
There are various items it can be used to purchase without attracting tax payments. These include education related expenses such as: room and board, textbooks, tuition. They are called qualified expenses.
Unqualified expenses are those that are not covered by the 529 plan. They attract tax payment and include: extracurricular activities, application and testing fees, transportation costs, and health insurance.
So gym membership, clothes, and gas are not qualified expense under the 529 plan.
Answer:
E
Explanation:
As the capital asset pricing model dictates, assest's systematic risk is captured by beta parameter. If we have beta value of asset then we can calculate expected return.
- expected return = risk free rate + beta * market risk premium
As both A and B have same beta hence they have same expected returns.
The full form of GNI means gross national income which includes in one year total income earned by residents nd non residents nd also includes foreign income.
the full form of NNI is Net national income . the term NNI known as NDP which incompasses the income of household, business nd government.
Answer:infection because the spleen removes bacteria from the blood.
Explanation: The spleen is an organ that is present in all vertebrates, it functions like the lymph as it helps to cleanse the blood and balance the flow of blood in the body,the spleen is soft and purple in colour it has two tissues which includes
(1) The red pulp tissue which a ta to filter the blood and remove old or damaged red blood cells.
(2) The white pulp tissue consists of immune cells (T cells and B cells) which ensures that the immune system fight infection.
THE SPLEEN ALSO REMOVES BACTERIA AND IMPROVES THE IMMUNITY OF THE BODY.
Answer:
Cashflow from Operating Activities $
Net income 61,000
Add: items not involving movement of cash
Depreciation <u>76,000</u>
137,000
Changes in working capital:
Increase in prepaid rent (56,000)
Increase in accounts payable <u>11,000</u>
92,000
Less: Tax <u> 16,000</u>
Cashflow from operating activities <u> 76,000</u>
Explanation:
Cashflow from operaing activities using the indirect method equals net income plus depreciation minus increase in prepaid rent plus increase in accounts payable minus tax.