Answer:
$3,400
Explanation:
State and federal unemployment insurance benefits are taxable, and they must be included in your AGI = $1,400 + $2,000 = $3,400
Workers' compensation received for an occupational injury are not taxable. Only if you return to work while still receiving compensation will that amount be taxable.
Answer:
The answer is option B) probable and the amount cannot be reasonably estimated.
Explanation:
Contingency liability is the likelihood that a liability might occur sometimes in the future in the face of uncertain circumstances. To validate a contingency liability, the fa cts presented has to be reasonably possible and reasonably estimated.
in the case of Marcellus Company, footnote disclosure of the contingent liability which could arise does not have to be presented if the probability of Marcellus owing money as a result of the lawsuit is probable and the amount cannot be reasonably estimated.
Answer:
P952,054.69
Explanation:
The present value of a property with a down payment 'D' and an annuity 'A', payed over a period of 'n' years at a rate 'i' is:
If D = 338,458; A = 71,335; n= 28 and i = 11%:
The cash price (in peso) of the property is P952,054.69.
Answer:
The correct answer is "knowing what you spend B
Explanation:
By using cash intead of credit card to purchase is way easier to know how much you spend. This is simple to see, in the literally meaning, because when you use cash you actually have it in your hands and know before hand the amount of what is left after spending. Instead, while using credit card, you just swipe it and you buy whatever, what makes easy to lose the track of how much do you spend.