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BartSMP [9]
2 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]2 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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21 savage was the one
3 0
3 years ago
A __________ is a profit-seeking organization that receives deposits from individuals and corporations and uses some of these de
finlep [7]

Answer:

Commercial bank

Explanation:

A commercial bank accepts cash deposits from the general public and lends a portion of the money as loans to make profits. Commercial banks make profits by charging a high-interest rate on credit issued than the interest rate they offer on deposits. By accepting deposits and lending to other customers, commercial banks act as intermediaries between suppliers and users of credit.

Commercials are profit-making institutions. Although their primary function revolves around accepting deposits and issuing out loans, they also perform other duties such as;

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6 0
3 years ago
The daily demand for parts from a machining workcell JMB to an assembly workcell is 1,600 units. The average processing time is
Karolina [17]

Answer:

Daily demand for parts = 1600 units

Avg processing time = 25 seconds.

Capacity of a container = 250 units

Waiting time of a container before the JMB = 6 hours

Number of containters currently deployed = 10

Solution:

Total number of parts carried by the containter = 10 x 250 = 2500 parts.

Total numbers carried in excess as safety stock = 2500-1600 = 900

Percentage of safety stock = (900/1600) x 100 = 56.25%

If one container is removed total parts carried = 2250 units

Processing time at machine for 250 parts after loading in JMB = 250 x 25 seconds = 1.736 hours, but it has to wait for another 4.26 hours for the next container to be loaded because of the waiting time of the containter is 6 hours.

Processing time at machine for 1600 parts = 1600 x 25 seconds = 11.11 hours

Number of containers required for 1600 parts = 1600/250= 6.4 ~ 7 containters

Waiting time of 7 containers = 7 x 4.26 = 29.82 hours.

If one of the containers has to be removed 1600 parts has to be carried in 6 containers ie., 29.82hours - 6 hours = 23.82hours

Waiting time per container before loading = 23.82/6 = 3.97 hours.

Reduced Total waiting time of the container = 3.97 hours + the processing time of 250 parts = 3.97 + 1.736 =5.7hours ~ 5 hours and 42 minutes

4 0
3 years ago
The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $23,000. Budgeted cash receipts tot
xenn [34]

Answer:

The business will need to borrow $34,000

Explanation:

We will need to analyse the cash flows the business has in order to determine how much needs to be borrowed to meet the ending cash balance desired.

The opening cash balance is $23,000, cash inflow as receipts is $136,000

So total cash on hand will be 23,000+ 136,000= $159,000

The cash on hand less disbursements will give ending balance

Ending balance = 159,000 - 135,000

Ending balance= $24,000

Desired closing balance is $58,000

Balance to meet desired cash= 58,000 - 24,000

Balance to meet desired cash= $34,000

4 0
3 years ago
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