subject
Business, 08.10.2019 17:30 slend3rpiggy

A. peyton was selected the most valuable player in the super bowl. in recognition of this, he was awarded an automobile with a value of $60,000. peyton did not need the automobile, so he asked that the title be put in his parents' names. peyton is required to include $ in gross income. b. jacob was awarded the nobel peace prize. when he was presented the check for $1,400,000, jacob said, "i do not need the money. give it to the united nations to use toward the goal of world peace." jacob is required to include $ of the prizes received in his gross income. c. linda won the craig county fair beauty pageant. she received a $10,000 scholarship that paid her $6,000 for tuition and $4,000 for meals and housing for the academic year. linda is required to include $ of the scholarship in her gross income.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:50
You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.
Answers: 3
question
Business, 22.06.2019 11:00
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
question
Business, 22.06.2019 15:20
Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
Answers: 2
question
Business, 22.06.2019 20:30
Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.
Answers: 3
You know the right answer?
A. peyton was selected the most valuable player in the super bowl. in recognition of this, he was aw...
Questions
question
Chemistry, 17.09.2019 23:00
question
Mathematics, 17.09.2019 23:00
Questions on the website: 13722367