1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Blizzard [7]
3 years ago
15

If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a mon

th until their daughter is 18 years of age. At that time, the required payments are reduced to $1,638 per month 1. How much of each $2,340 payment may be deducted as alimony by Joan? 2. How much of each $2,340 payment must be included in Bill's taxable income? 3. How much would be deductible/included if the divorce agreement were dated 2019? b. Under the terms of a property settlement executed during 2018, Jane transferred property worth $577,350 to her ex-husband, Tom. The property has a tax basis to Jane of $461,880 1. How much taxable gain must be recognized by Jane at the time of the transfer? 2. What is the amount of Tom's tax basis in the property he received from Jane?
Business
1 answer:
scoundrel [369]3 years ago
4 0

Answer:

$2,400 in 2019 are deductible as alimony.

Step-by-step explanation:

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12

                                                                                                 = $2,400

$2,400 in 2019 are deductible as alimony.

You might be interested in
A scientist needs 80 liters of a 30% solution of alcohol. She has a 20% solution and a 60% solution available. How many liters o
lana [24]
80 times .30= .20x +.60(80-x)
24=.20x+48-.60x
Subtract 48 from both sides
-24=-.40x
Divide both sides by-.40
X= 60
60 liters of 20%
8 0
3 years ago
Inventory control models assume that demand for an item is:______________.
Zielflug [23.3K]

Answer:

b.

Explanation:

Inventory control models assume that demand for an item is either independent of or dependent on the demand for other items. This is because the amount of stock that the company should have for an item depends on the demand for that item, but at the same time demand for that item will sometimes vary depending on the demand for other similar items which may or may not be taking market share away from the first item.

5 0
3 years ago
A process currently services an average of 43 customers per day. Observations in recent weeks show that its utilization is about
love history [14]

Answer:

The correct answer is 31 customers per day.

Explanation:

Consider the current capacity requirement as = x

Management wants to have a capacity cushion = 8%.

So the utilization is required = 100% - 8% = 92%

A process of currently services an average of 43 customers per day and utilization is 90%.

Expected Demand=70%= 70 ÷ 100 = 0.70

Current utilization = 90% = 0.90

Let Capacity requirement = X

Capacity requirement ÷ required utilization  = Expected Demand rate × current service rate ÷ current utilization rate

X ÷ 0.92  = 0.70 × 43 ÷ 0.90

X = 0.70 × 43 ÷ 0.90 × 0.92

= 30.76  or 31

Needed capacity requirement is 31 customer per day.

6 0
3 years ago
Bell Inc. took a physical inventory at the end of the year and determined that $830,000 of goods were on hand. In addition, Bell
Otrada [13]

Answer:

Bell inc should report $980,000 as the total amount of inventory at the end of the year.

Explanation:

Given information -

Inventory that were on hands - $830,000

Inventory that was in transit - $60,000

Inventory that was out on consignment - $90,000

Here for taking out the total inventory all of the given above items would be added .

Inventory that was in transit would be added because these f.o.b. goods would be considered transferred from seller to buyer as soon as they are shipped, so it doesn't matter if they're received two days after the inventory count , they will be added.

Goods which are sent on consignment would also be added because goods would remain in the name of consignor ( Bell inc ) until they're sold by consignee ( an agent who has been hired by Bell inc to sell its goods )

Inventory at end of year - $830,000 + $60,000 + $90,000

                = $980,000

6 0
3 years ago
Predictable books are useful in the early childhood classroom because they
Feliz [49]
Help the child see that they themselves can answer what will happen if they come across a situation like so
7 0
3 years ago
Other questions:
  • Define a “core capability.” What are the core capabilities of Amazon, Google, and Walmart? List some new markets to which these
    7·1 answer
  • an advertiser wants to increase the quality score of a low–performing keyword. which approach would you recommend
    14·1 answer
  • Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25, an
    14·2 answers
  • A firm sells peanuts in a perfectly competitive market. Upon increasing production output from 60 packages to 75 packages, the t
    7·1 answer
  • The use of debt is called A. financial leverage. B. production leverage. C. operating leverage. D. total asset turnover risk. E.
    11·2 answers
  • Identify which qualitative characteristic of accounting information is best described in each item below. (Do not use relevance
    7·1 answer
  • What is the step by step process of making money in the united states?
    14·1 answer
  • How are comments visually indicated on a slide?
    5·2 answers
  • A company issued 5-year, 7% bonds with a par value of $200,000. The market rate when the bonds were issued was 6.5%. The company
    14·1 answer
  • In 1971, under president richard nixon, the federal government passed legislation that "froze" wages and the prices of consumer
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!