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BartSMP [9]
3 years ago
14

The Sharps were granted a decree of divorce effective January 1, 2018. In accordance with the decree, Susan Sharp is to pay her

spouse $24,000 a year until their only child, Melanie now 11, turns 18, and then the payments will decrease by $11,000 per year. For 2019, how much can Susan deduct as alimony
Business
1 answer:
daser333 [38]3 years ago
6 0

Answer:

$13,000

Explanation:

Calculation for the amount that Susan can deduct as alimony for the year 2019

Based on the information given we were told that she is to pay her spouse the amount of $24,000 a year until their child who is 11 years old turns 18 years old in which the payments will decrease by the amount of $11,000 per year which means that the Alimony will be calculated as ;

Alimony=$24,000-$11,000

Alimony=$13,000

Therefore for 2019, the amount that Susan deduct as ALIMONY will be $13,000

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Colt1911 [192]

Answer:

True

Explanation:

Remember, that the term 'company strength' is commonly used to refer to the overall advantages a company has.

Thus, when it was said that Channel has the ability to appeal to different niche audiences that they can guarantee a "16 to 34 year old ABC1 audience at peak viewing times.

Also, mention was made about the company receiving 17 Oscar nominations in the year 1994. All this facts highlights the company's strength.

7 0
3 years ago
Suppose that marginal propensity to consume is equal to 0.9 and the government increases its spending by $200 billion. This new
Step2247 [10]

Answer:

The answer is B.

Explanation:

Gross Domestic Product (GDP) is the total market value of all the final goods and services produced within a sovereign nation(country) during a given period of time usually a year.

Gross Domestic Product (GDP) can be calculated using expenditure method or income method or value-added method.

To analyze this question, expenditure method will be used. The formula is C + I + G + (X-M)

where C is the consumer spending

I is the business investments

G is the government spending

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This $200 billion is gotten from an increase in taxes, meaning consumers' disposable income has reduced by this amount.

Therefore, $200 billion will still be the incremental amount to the GDP

5 0
3 years ago
How can Carlito determine the total income earned by a person?
photoshop1234 [79]

Answer:

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Explanation:

3 0
3 years ago
Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup
nignag [31]

Answer:

NPV = $35,868.06

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

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NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-600,000

Cash flow each year from year 1 to 6 = 146,000

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To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
Jill wants to start her own business, but knows little about how to set up an accounting system or interpret financial informati
kotegsom [21]

Answer:

Explanation:

. You can hire someone to keep your books but, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions and also for you to be able to know if someone is committing fraud. A basic knowledge will assist you in all this.

It is virtually impossible to smoothly run a business without being able to read, understand, and analyze accounting reports and financial statements

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