The answer is B. He wanted to do the right thing, but the situation was very confusing.
Answer:
Opportunity cost is the forgone benefit that would have been derived by an option not chosen.
Explanation:
Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. Because by definition they are unseen, opportunity costs can be easily overlooked. Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.
Answer:
$700
Explanation:
to calculate the amount of state income tax refund that must be included in the 2019 tax return we can use the following equation:
state income tax refund included in gross income = itemized deduction - standard deduction = $24,700 - $24,000 = $700
the rest of the refund = $1,800 - $700 = $1,100, should not be included in the 2019 gross income
A company's triple bottom line measures environmental, financial, and social. aspects of its performance.
Environmental means relating to or caused by the environment in which a person lives or in which something exists. Protects against environmental influences such as wind and sun. The form that the human family takes is a response to environmental stress.
Financial usually refers to financial matters or transactions of some magnitude or importance. In other words, a financial assistant. Fiscal is used specifically in connection with government or institutional funds. It's the end of the fiscal year. Currency refers specifically to money itself. i.e. currency system or standard.
Relating to interaction with other people especially for pleasure a busy social life.
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Answer:
$100
Explanation:
Since the standard deduction for 2017 was $6,350, and Graciela only reported $100 more, she needs to report only $100 of the state tax refund. State tax refunds are not considered income unless you itemize your deductions, and in case you did, like Graciela, you must only report the amount that exceeds the standard deduction.