The assessability of the amounts $20K, $15K, and $50K as ordinary income depends on the nature and source of the payment.
i. In the case of Kylie's $20K payment for not working for a competitor for the duration of her employment contract, this amount is likely to be assessable as ordinary income. It is considered an inducement payment that is made to Kylie to ensure that she does not compete with her employer during the contract period. On the other hand, the $15K payment for not working for a competitor for 2 years after she ceases employment with her current employer is less clear cut. It could be argued that this payment is made to compensate Kylie for a restraint of trade, which is not assessable as ordinary income. However, if the payment is considered an inducement to ensure that Kylie does not compete with her employer after she leaves, it may be considered assessable as ordinary income.
ii. Kylie's $50K prize from winning a TV cake-baking contest is likely to be assessable as ordinary income. It is considered a payment for services rendered, which is generally assessable as ordinary income. The fact that the payment was made as a prize for winning a competition does not change the character of the payment.
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Suppose a firm operates in the short run at a price above its average total cost of production. In the long run the firm should expect
Group of answer choices
the market price to rise.
Both b) and c) are correct.
new firms to enter the market.
its profits to rise.
In the long run, if a firm operates in the short run at a price above its average total cost of production, it should expect new firms to enter the market.
When a firm operates in the short run at a price above its average total cost of production, it indicates that the firm is earning positive economic profits. This situation may attract other firms to enter the market in search of those profits.
In the long run, new firms entering the market can lead to increased competition. As more firms enter, the supply of goods or services in the market increases. With increased supply, the market price tends to be driven down due to competition. Therefore, one can expect the market price to decrease or remain stable rather than rise. The entry of new firms increases the overall industry output and supply, which can potentially reduce the profitability of existing firms. As the number of competitors increases, the firm's market share and pricing power may diminish, resulting in lower profits or even losses.
Hence, the correct answer is that the firm should expect new firms to enter the market in the long run, rather than expecting the market price to rise or its profits to rise.
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calculate the average of each of the following. speed per hour during a three-hour trip: 65 MPH, 55 MPH, 45 MPH
Answer:
ffffgfggggggggggggg
The amount of money that Tom had in his pension fund
in 2016 was £55 000.
His plans involve him putting £8 200 in his fund every year
for the next 15 years.
How much will Tom have in the pension fund in 2031?
Answer: £178000
Explanation:
The amount that Tom will have in the pension fund in 2031 will be calculated as:
= £55000 + £8200(15)
= £55000 + £123000
= £178000
The amount that Tom will have in the pension fund in 2031 will be £178000
Amazon collects massive amounts of data about how, when, why, where, and what people buy, and then analyzes those data to better serve its customers. This activity refers to.
The activity where Amazon collects massive amounts of data to use to analyze customers is known as:
Marketing AnalyticsWhat is Data Analysis?This refers to the use of data for analysis where the different sets of data are separated and sampled so as to monitor behavior.
With this in mind, we can see that because big companies make use of marketing analytics in order to correctly analyse their customers and what they are searching, what they like doing as a means to better serve their customers.
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Write a short report on ethical business dilemmas, and give examples of ethical dilemmas faced by businesses.
this is the edmentum answer and ill put my answer as well
Explanation:
edmentum: Ethical dilemmas are very common in the workplace. The employees of an organization are under pressure to deliver an expected level of performance. They need to perform to meet the organization’s goals without compromising on quality or giving in to temptation, such as opportunities to share confidential company data. When an organization provides training and guidance to its employees, it helps them to make appropriate ethical decisions.
The cultures of organizations vary. Some businesses do not look beyond their own profits, and their leaders often ignore their own standards of ethics. Employees who do not agree to certain practices may hesitate to protest because they don’t want to risk losing their jobs or for management to single them out as untrustworthy.
Ethical dilemmas are common in business processes; for example, when employees manipulate work reports to obtain recognition and appreciation, or when employees fudge financial statements to depict false increases in sales.
Another example of an ethical business dilemma would be an employee finding out that a senior manager is misusing company resources for personal gain. The employee may receive an offer from the manager to share in the unethical gains.
my answer: Ethical business dilemmas are growing more important over the years now that people have realized businesses should be treating their employees as human beings. Applying for a job you should be aware of common ethical dilemmas business faces and how well they handle them. Some common dilemmas are health and safety, diversity and discrimination policies, employee privacy, unethical pricing, and sadly sexual harassment.
What step of the bulletproof problem-solving process helps avoid making common decision-making biases such as confirmation bias?
Create a schedule and work plan in step four. This stage forces the issue solver to create a strategy that considers a variety of viewpoints and answers, which helps to avoid common decision-making biases like confirmation bias.
What are biases in decision-making?Cognitive mistakes known as decision-making biases produce irrational decisions. These biases can be brought on by a number of things, including the availability heuristic, which occurs when people base their decisions on the information that is most easily accessible, confirmation bias, which occurs when people only take into account evidence that confirms their beliefs, and anchoring bias, which occurs when people rely excessively on initial information.
This makes it more likely that the person solving the problem will take other viewpoints and potential solutions into account in addition to their own biases.
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if wages are sticky, which of the following policies will be the most effective in raising real gross domestic product to the full-employment level? responses doing nothing, since there are automatic stabilizers doing nothing, since there are automatic stabilizers the sale of bonds by the federal reserve the sale of bonds by the federal reserve an increase in the income tax an increase in the income tax an increase in government spending an increase in government spending an increase in the discount rate
Wages that are sticky do not react fast to changes in market conditions, such as changes in employment or the general level of economic activity. This can lead to the economy running below full employment, necessitating the implementation of policies to promote production and employment.
An increase in government expenditure would be the most effective policy in boosting real gross domestic product (GDP) to full employment. This is due to the fact that an increase in government expenditure may directly stimulate demand for products and services, hence increasing output and employment. Moreover, an increase in government expenditure can have a multiplier impact, as government spending can lead to further spending by consumers and companies.
On the other hand, doing nothing and depending exclusively on automatic stabilisers may not be enough to boost real GDP to the full-employment level, as automatic stabilisers are meant to cushion the consequences of economic downturns, rather than to drive economic development. The Federal Reserve's bond sale and a hike in the discount rate may have a limited impact on the economy since they affect the availability and cost of credit rather than direct demand for goods and services. Lastly, a rise in income tax can limit consumer spending and investment, reducing production and employment.
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If wages are sticky, the most effective policy in raising real gross domestic product (GDP) to the full-employment level would be an increase in government spending.
Wages that are sticky do not react fast to changes in supply and demand, which can lead to unemployment and output that is below potential in the short run. When wages are sticky, increasing government expenditure can boost demand for goods and services, boosting economic activity and bringing the economy closer to full employment.
Other measures may have an influence on the economy, but they are unlikely to be as successful as an increase in government expenditure when wages are sticky.
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Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? a) 15 b) 21 c) 36 d) 47
Answer:
b) 21
Explanation:
Each worker works an average of 80 hours per month and earns $14 per hour.
Each employee will earn 80 hours multiplied by $14
=80 x $14
=$1,120
If the monthly labor cost for security worked is $23,520, she has hired
=$23,520/$1,120
=21 security workers
Answer: 21 workers
Explanation:
Intellectual property laws protect trade secrets such as formulas and computer source codes. t or f?
The statement - "Intellectual property laws protect trade secrets such as formulas and computer source codes" is true.
What is Intellectual property?Intellectual property is a type of property that incorporates intangible human intelligence creations. There are many different sorts of intellectual property, with some governments recognizing more than others. Patents, copyrights, trademarks, and trade secrets are the most well-known categories.
Trade secrets, unlike patents, are protected in intellectual property laws without registration; that is, trade secrets do not require any procedural formalities to be protected. A trade secret can be kept private indefinitely unless it is discovered or legitimately obtained by others and exposed to the public.
Therefore, it can be concluded that the statement mentioned above with regard to intellectual property laws is true.
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when you click on your account and you go to the about column it will say warnings at the bottom I don't have any but why would you get one
Answer:
i don't have as well i don't know what are u talking about
a government has the following liabilities at the end of the year: general obligation bonds $1,500,000 compensated absences $120,000 salaries payable $40,000 what amount of liabilities should be reported in the governmental activities column of the government-wide statement of net position?
General obligation bonds = $1,500,000
Compensated absences = $120,000
Salaries payable =$40,000
Total liabilities in the governmental activities column = General obligation bonds + Compensated absences + Salaries payable
Total liabilities in the governmental activities column = $1,500,000 + $120,000 +$40,000
Total liabilities in government = $1,660,000
The financial obligations of an entity to transfer assets or provide services to other entities in the future as a result of past transactions or events are represented by liabilities. Although governments are required to record liabilities in the period in which they are incurred, there is a distinction to be made between obligations that represent fund liabilities, which are amounts that are due and payable, and unmatured long-term indebtedness, which represents a general long-term liability.
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n order to promote growth in living standards, policymakers must:
a.
protect property rights.
b.
maintain political stability.
c.
encourage the accumulation of factors of production.
d.
All of the above.
Policymakers should uphold property rights to support rising standards of life.
What is property rights?The usual definition of property rights is the ability to possess something, like land or a car, and dispose of it whatever one pleases. It should be noted that this is merely one component of property rights that emphasises the only right to ownership. Property rights are economic concepts that have evolved over time, from Abrahamic law to Article 17 of the Universal Declaration of Human Rights, to govern how a resource or economic item is utilised and possessed. The primary goal of property rights and their primary success is the abolition of harmful rivalry for the ownership of economic resources. Property rights that are clearly defined and effectively protected substitute peaceful competition for competition that uses force.
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should the corporations work together or compete for labor?
Answer:
Opinion based.
Explanation:
Corporations may choose to compete for labor since in not doing so may result with economic loss which is not good for the corporation. There may be benefits from working together such as a corporation growth but more income results in many wanting more money or unfair wages within the both corporation towards each other.
On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The bonds mature on September 30, 2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Required: Determine the price of the bonds on September 30, 2021. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount. )
The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate is $278,743,846.
The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate. The calculation is: Price = $300,000,000 × [PVIFA 20%, 8%] = $300,000,000 × 0.7547 = $278,743,846.
The Present Value Interest Factor of Annuity (PVIFA) is used to calculate the present value of a series of payments over a certain period of time. In this case, the PVIFA is 20 years and the interest rate is 8%, which is the stated interest rate of the bond.
Therefore, the price of the bonds on September 30, 2021 is $278,743,846.
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West County Bank agrees to lend Oriole Company $448000 on January 1. Oriole Company signs a $448000, 6%, 6-month note. The entry made by Oriole Company on January 1 to record the proceeds and issuance of the note is
The entry made by Oriole Company on January 1 to record the proceeds and issuance of the note is:
Cash (proceeds received) $448,000
Notes Payable $448,000
This entry records the issuance of the note for the amount of $448,000, which Oriole Company received in cash from West County Bank. The note has a 6% interest rate and a 6-month term, meaning that Oriole Company is obligated to repay the $448,000 plus $13,440 in interest ($448,000 x 0.06 x 6/12) at the end of the 6-month period.It is important to note that the interest expense associated with the note is not recorded on January 1. Instead, interest expense is recorded over the life of the note using the effective interest rate method, which allocates the total interest expense over each period based on the outstanding balance of the note.
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Malcolm wants to make a deposit into an account that earns interest. He wants to be able to access the money on a limited basis. What type of account should he not consider?.
The type of account that should not Malcolm consider is saving account. It happen if Malcolm wants to access the money on a limited basis.
In accounting, A savings account generally can be defined as a deposit account that generally earns higher interest than an interest-bearing checking account. The work principle of savings accounts is by limit the number of withdrawals that we can make from the account each monthly statement cycle or also certain types of transfers. So that, based on the question above, if Malcolm did not want to has a limit basis, he should not consider to saving account.
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how should the entries to a schedule of accounts payable be ordered
a. by date received
b. alphabetically by vendor name
c. by amount due from most to least
d. by date due
The entries in a schedule of accounts payable would be ordered alphabetically by vendors name.
What is the use of a schedule of accounts payable?A schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the accounts payable schedule is a list of everyone to whom the company owes money in the accounts payable systems in alphabetical order.
There are two key benefits to using the accounts payable schedule. This schedule, first and foremost, enables managers as well as the accounts payable division to keep track of and arrange the vendor accounts that need to be paid. For instance, the majority of manufacturers and retailers purchase inventory and products from other companies.
Cash payments for these transactions are uncommon. Instead, the buying business merely places the acquisition on credit and pays the vendor within 30 days well after purchase. This technology accelerates corporate operations and makes it simpler for enterprises to purchase things.
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Answer: d. by date due
Explanation: I just took the test.
Is a way of thinking and a method of investigating the world in a systemic manner?
Science is a way of thinking and a method of investigating the world in a systemic manner.
"systematic knowledge of the physical or material universe gathered through observation and experimentation" is how science is described. The result of combining these two definitions is "systematic knowledge of the physical or material universe obtained through observation and experimentation" that is applied to "a person.
Science can benefit business more by enhancing current supply and production systems than by creating new products. But through the open interchange of ideas, science has much more to offer business (and business, in turn, may advance science).
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active/passive she is watering the plants
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
this can involve hastily inadvertently faking a statistic or being careless with crediting or sourcing.
This can involve hastily inadvertently faking a statistic or being careless with crediting.
What is the misleading statistics fallacy?This is a statistical fallacy if the statistical justification used is inaccurate or misused. The false statistics trap can seriously harm research efforts. For instance, reversing a falsehood in medical science could take decades and result in human casualties. It can be simple to fall into vices.
The act of presenting someone else's ideas or work as your own, with or without that person's consent, by incorporating it into your work without giving it due credit, is known as plagiarism. This definition applies to all works, both published and unpublished, whether they are in manuscript, print, or electronic form.
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What is one thing that can be learned by studying the technical skills of expert photographers? O A. how having a large memory card in our cameras helps us take great photos O B. how changing settings on our cameras can change our photographs O C. how to talk about your photographs with your friends or family O D. that only landscape orientation photographs should be used for landscape photos
Answer:
B.
Explanation:
The answer is B. By studying the technical skills of expert photographers, one can learn how changing settings on cameras can affect the outcome of photographs. Understanding camera settings such as aperture, shutter speed, ISO, and white balance allows photographers to have greater control over their images. These settings can impact the exposure, depth of field, motion blur, and overall look of the photographs. By mastering these technical skills, photographers can create the desired visual effects and capture the essence of their subjects.
would your response to part e change if the st. cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $27,000?
Yes, my response to part e would change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $27,000.
The extra profit of $27,000 would make the St. Cloud plant an attractive option, and this would have to be taken into account when making a decision.
In order to determine the best course of action, an analysis would need to be conducted to compare the cost of production at the St. Cloud plant to the cost of production at other plants. The cost of labor, materials, overhead, and other production costs would need to be taken into consideration.
Additionally, the capacity of the St. Cloud plant and the demand for the new product would need to be evaluated to ensure that production would be successful. The decision should be made based on the total cost of production, considering the incremental profit of $27,000, and other factors.
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best answer: brainliest
write an essay or a story about receipt (150words) and invoice (150words) seperately
Answer:
Receipt:
As I walked out of the grocery store, I couldn't help but smile as I looked at the little piece of paper in my hand. It was a simple receipt, listing the items that I had purchased and the total amount I had paid. But to me, it represented so much more than that.
The receipt was proof that I had successfully completed my weekly shopping trip. It was a record of the money that I had spent and the food that I had purchased to feed my family. It was a reminder of the things that I had accomplished that day, and a symbol of the abundance and abundance that I had in my life.
But most of all, the receipt was a symbol of trust. It was a sign that the grocery store had trusted me to pay for my purchases, and that I had trusted them to provide me with the food that I needed. It was a small but important part of the cycle of trust and mutual support that exists between businesses and consumers.
Invoice:
As I sat at my desk, staring at the computer screen, I couldn't help but feel a sense of satisfaction. I had just finished creating an invoice for a client, and it was a work of art. It was clear, concise, and professional, and I knew that it would be well-received.
The invoice was a document that outlined the services that I had provided to my client, along with the associated costs. It was a record of the value that I had delivered, and a reminder of the hard work and dedication that had gone into the project.
But most of all, the invoice was a tool for communication. It was a way for me to let my client know exactly what they owed me for my services, and to ensure that we were both on the same page about the terms of our agreement. It was a crucial part of the business relationship, and I knew that it would be instrumental in maintaining trust and mutual respect between myself and my client.
Your building plan for your restaurant includes 4 bathrooms - 2 women’s and 2 men’s. The city inspector informs you , that you must have at least 400 square feet per bathroom. If your building is a total of 8,000 square feet, how many square feet are left for the development of other , non bathroom areas?
A) 4,000 square feet
B) 4,800 square feet
C) 6,400 square feet
D) 8,000 square feet
Answer:
C) 6,400 square feet
Explanation:
Each bathroom requires at least 400 square feet. There are four bathrooms.
In total, the four bathrooms will need 400 square feet multiplied by four.
= 400 square feet x 4
=1600 square feet
The space left for other developments
=total space - bathroom space
=8000 square feet - 1600 square feet
=6400 square feet
If Xavier works 30 hours last week and is paid $10 per hour the amount of money he makes before taxes and other expenses are taken out is called:
A . gross profit
B . gross pay
C . net profit
D . net pay
Answer:
D is the correct answer to the question
Explanation:
if you are denied credit, a. you have a legal right to sue the credit bureau b. your parent can purchase a copy of your credit report c. you have a legal right to sue the company that denied you credit d. the denial will remain in your credit file for 10 years e. you are entitled to a free copy of your credit report
If you are denied credit, then you are entitled to a free copy of your credit report.
So, the correct option is E.
If you are denied credit, the Equal Credit Opportunity Act compels the credit card business or lender to notify you. The notification must explain to you the precise reasons your application was refused, or just that you have the right to discover the reasons if you inquire within 60 days. Then, definitely, you can be entitled to a credit report which is a free copy.
An individual may be refused credit for a variety of reasons. Individuals are protected by rules when seeking and applying for credit. There are, however, no regulations that ensure the applicant will be approved for credit. If an employer decides to reject your employment because of your negative credit, they must tell you of the decision.
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A company purchases merchandise for $20,000. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made, and that payment was made within the discount period, what is the net cost of the merchandise
Answer: $19,600
Explanation:
$20,000×.02 (to reflect the 2% discount) = $4001
$20,0000 - $400 = $19,600
The net cost of the merchandise is $19600 if a company makes a payment was made within the discount period.
What is Discount Period?
The discount window is the time frame between the final day that the discount terms are still in effect and the day that the invoice is typically due.
Given,
Purchase Price = $20,000
Discount = 2%
Required to Calculate Net cost of Merchandise =?
Net Cost = Purchase Price - Discount amount
= $20,000 - 2%(20,000)
Net Cost of Merchandise =$19,400
Thus, the net cost of the merchandise is $19,400 if payment was made within the discount period.
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What MUST you have in order to
complete a federal, state, or local tax
return form?
Answer:
federal
Explanation:
To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.
In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.
The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.
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Zigma Corporation is authorized to issue 2,000,000 shares of $4 par value capital stock. The corporation issued half the stock for cash at $8 per share, earned $336,000 during the first three months of operation, and declared a cash dividend of $60,000. The total paid-in capital of Zigma Corporation after three months of operation is:
Answer:
Total paid-in capital of Zigma Corporation = $4,000,000
Explanation:
Given:
Number of authorized issue = 2,000,000
Half issued at $8 per share
Find:
Total paid-in capital of Zigma Corporation
Computation:
Total paid-in capital of Zigma Corporation = [Number of authorized issue][1/2][Paid up amount for each share]
Total paid-in capital of Zigma Corporation = [2,000,000][1/2][8]
Total paid-in capital of Zigma Corporation = [2,000,000][0.5][8]
Total paid-in capital of Zigma Corporation = [2,000,000][4]
Total paid-in capital of Zigma Corporation = $4,000,000