The term average means __

Assume Joe Harry sells his 25% interest in Joe's S Corp., Inc. to Tyrone on January 29. Using the specific identification alloca

WARRIOR [948]

Answer:

The $29,000 is the income which does harry report

Explanation:

Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.

First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.

One day income = Total income ÷ Number of days in a year

= $1,460,000 ÷ 365 days

= $4,000

Now,the income is

= one day income × 29 days × rate if interest

= $4,000 × 29 × 25%

= $29,000

Thus, the $29,000 is the income which does harry report

4 0

2 years ago

In 2019, Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax liability of $300 before the earned in

bija089 [108]

Answer:

Benefit is $3526

Explanation:

In order to obtain earned credit, the following requirements should be managed to meet:

1) interest income must be 3600 or even less.

(2) Total income for sole dependents must be 41,094 or fewer.

3) In such a situation, the full amount of taxable income credit shall be $3,526.

Because all earned income and gross income are below the latter cap ($41,094) in that case, the full taxable income benefit is $3526.

6 0

2 years ago

Luz manages a chain of bars and restaurants in a tri-county area that has recently experienced an economic boom because of frack

mixas84 [53]

Answer:

an increase in prices.

Explanation:

When there is too much money in the economy due to high oil prices, prices tend to go up because surplus cash is pursuing few goods.

It is easy in this scenario to have prices double for some goods.

This is why where in areas where there is economic boom all prices go up from real estate to petty goods. This trend becomes the norm as residents take new price regime as normal.

3 0

3 years ago

On november 21, civic company received $550 from customers in payment of their accounts. the journal entry to record this transa

liubo4ka [24]

On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.

<h3>What is meant by account receivable?</h3>

The money clients owe your business for goods or services for which invoices have been issued is known as accounts receivable. On the balance sheet, current assets are listed as the total amount of all accounts receivable, including bills from clients for goods or services on credit.
A person who works in accounts payable must ensure that their company receives payments for the goods and services it provides and record these transactions appropriately.
Trade accounts receivable notes receivable and other receivables are the three categories into which receivables are typically broken down.

On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record this transaction will include a credit to accounts receivable.

To learn more about accounts receivable, refer to:

brainly.com/question/24848903

#SPJ4

5 0

1 year ago

When people are resistant to a change because of adjustment problems, the most effective way to manage the resistance is through

melomori [17]

Facilitation and support are the most effective way to manage the resistant to a change because of adjustment problem.

People show resistant to a change. The most effective way is to handle the situation through facilitation and support.

A facilitator in any business is an individual that helps a group of people reach a unanimous decision. This involves providing a structure that promotes cooperative decision making. A facilitator never offers solutions and is not a leader instead, their role is to guide the group to explore options and discover solutions. As a result of this participation everyone assumes responsibility and commitment.

Support implies both financial assistance and providing agreement, comfort, protection and friendship all of which create a welcoming open work environment which is both encouraging and motivating.

While the other options are incorrect because:

a. manipulation and cooperation:

Manipulation is not a good practice for any type of workplace relationship as it sows distrust and discomfort.

c. explicit and implicit coercion:

Coercion is the act of forceful involuntary action under any manner of threat. this would simply push the workforce to quit.

d. centralization and micromanagement:

Micromanagement involves excessive supervision and limited task delegation and has a negative connotation as it shows the absence of freedom and confidence in the workforce.

You can learn more about resistant to change at

brainly.com/question/25997303

#SPJ4

4 0

1 year ago

The term average means ___.