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zysi [14]
3 years ago
6

This year Mary received a $600 refund of state income taxes that she deducted on her tax return last year. Mary included a total

of $8,450 of state income taxes when she itemized deductions last year. What amount of the refund, if any, should Mary include in her gross income this year?
Business
1 answer:
Mariulka [41]3 years ago
5 0

Answer:

$600

Explanation:

If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.

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The Blue Lake Water Company has two departments, Purifying and Bottling. The Bottling Department received 76,000 liters from the
Murrr4er [49]

Answer:

71,000 liters

Explanation:

The computation of the liters was started and completed during the period is calculated below:

= Number of liters completed - liters at the beginning work in process

= 74,000 liters - 3,000 liters

= 71,000 liters

In order to determine the liters completed and started, the  liters at the beginning work in process is deducted from the Number of liters completed

Note: This is the answer but the same is not given in the options

8 0
3 years ago
A(n) _____ broadly defines an organization's purpose—what it is seeking to achieve from its activities—identifies what is unique
Tanzania [10]

Answer:

(B) mission statement

Explanation:

A mission statement broadly defines an organization's purpose—what it is seeking to achieve from its activities—identifies what is unique or important about its products to its employees and customers, and also distinguishes or differentiates the organization in some ways from its competitors.

8 0
3 years ago
SCENARIO 9.1: Amy borrowed $20,000 from her parents to open a bagel shop. She pays her parents a 5% yearly return on the money t
malfutka [58]

Answer:

45: $10,000

46: $40,000

47: $20,000

Explanation:

Total fixed cost of Amy =

TFC = yearly fixed cost + 5% of $20,000

TFC = $9,000 + $1,000

TFC = $10,000

Total cost =

TC = Variable cost + total fixed cost

TC = $30,000 + $10,000

TC = $40,000

The total profit she accrued is the difference between the total cost and the money she'd borrowed from her parents.

$40,000 - $20,000 = $20,000

Therefore, the total profit of Amy is $20,000

4 0
3 years ago
Amelia has been working as a teataster for approximately 15 years. She visits tea gardens in the country of Bodonia to grade tea
Rashid [163]

Answer:

Top-down processing.

Explanation:

Top-down processing is the process by which the human brain uses information that it has been exposed to through one or more sensory systems. It is a cognitive process that starts with our thoughts and flows to lower level senses.

Information is processed through our senses and the brain creates perceptions of these information.

In this instance has been working as a tea taster for 15 years, so she has been exposed to various tea flavour through sensory organs of taste. When she visits tea gardens in the country of Bodonia to grade teas according to their quality and taste, she uses her previous knowledge of teas to grade the Bodonia teas.

8 0
4 years ago
frito-lay is promoting the sunchips brand as being environmentally friendly. this message is communicated in all of its print an
umka2103 [35]

The Sun Chips brand is being marketed by Frito-Lay as being environmentally friendly. All of its point-of-purchase displays, packaging, print and television advertisements and television commercials convey this idea. The business employs an integrated marketing communications approach.

Integrated marketing is a method for spreading a unified message across all of the platforms your business utilizes for marketing. Regardless matter where clients choose to do business with a firm, it offers stability. Without an integrated marketing strategy, you run the risk of saying the wrong thing or speaking illogically.

There are five key communication strategies that complement integrated marketing communications, as we've just mentioned. These include sales promotion, advertising, public relations, direct marketing,  and advertising.

To learn more about integrated marketing communications

brainly.com/question/14691440

#SPJ4

8 0
1 year ago
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