this ofIce room kWh Eur april 721.95 187.11 march 760.7 189.04 feb 652.52 175.03
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- B16. 1.In order to encourage employees to “leave your car at home”, Jax Corporation wants to issue $100 transit passes every month to all employees agreeing to use the subway to get to work. The passes are valid on the Metro Transit line that operates trains and subways in town. Jax wants to know if the value of the passes will be taxable to their employees. What do you tell Jax? a. The passes are considered taxable compensation to employees. b. The passes are considered “qualified transportation” fringe benefits to employees and, thus, nontaxable. c. The passes are considered gifts to employees and are subject to both income and gift tax.A real estate agent makes 2.9% of commission when she sells a house. She sold a house for $440,000. How much money did the real estate agent bring home? $12,760 $1063 $13,500 $14,600when a house is purchased there is extra costs. land transfer tax 0.9% mortgage loan insurance premium 2.85% legal fees 1.2% building inspection 0.28% determine the toal of these cosdts for a house with a selling price of $155,000 a] none b]$17361 c]$14121 d]$10881
- 6 Marty, do you have two qualifying children for the child and dependent care credit they paid $5200 for their eligible work related expenses Marty's W-2 shows $56,720 and box. One day was a full-time student for 10 months dollar amount for the work related child care expenses is a $2500 be $3000 C50200 $ D $8000 in none of these.I copied the formulas used here and I'm getting a wrong answer on my homework. Sales: 57000 Costs: 24600 tax rate 25% Equity 89000 Payout Ratio 25%Max dollar increase = 11627.19 (WRONG) Can you please help explain why I'm not landing on the correct answer?Which one(s) is/are true for RRSP? (There might be more than one answer). Question 1 options: The Home Buyers' Plan (HBP) is a tax-free withdrawal from an RRSP account for persons who are deemed to be first-time home buyers. An eligible person is permitted to take an withdraw up to $35,000.00 from their RRSPs to purchase or construct a home for themselves. The LLP student must be enrolled on a full-time basis at the educational institution. Students can not be enrolled on a part-time basis under any conditions. Any contribution made to an RRSP within 89 days prior to the HBP request does not qualify to be part of the HBP program. Up to $5000 net per year, over four years, up to a maximum of $20,000 net, can be redeemed per spouse for purposes of the LLP.
- Introduction, key issue/s, analysis and recommendation sections for each separate scenario. ACC2273 “Is there anything wrong?” Scenario 1 You run a small business that takes older machines and refurbishes them to sell at a “charitable” price. You are doing good for the environment and helping those who need these machines get one at a reasonable price when otherwise they would not have been able to afford one. … yes, business is and can be about helping others, it is not all about making a profit and selling stuff to people that don’t necessarily need stuff. As the owner you have hired a few people to run the business. They look after purchasing and selling, collecting and distributing. You charge (sell the machines for) a small “up-charge” of 5% over cost to cover your operating costs. Some pertinent financial data for 2022: beginning inventory $5,000, ending inventory $6,000, purchases for the year $61,000 and sales for the year $15,000. Is there anything wrong with your…Question A The basic needs standard for a family of four is $420.00. The total income for the Smith family of four is $180.00 per month, of which the first $30.00 plus one-third of the remainder is disregarded in determining countable income. The amount of the payment is based upon a reduced standard of 75% of the basic needs standard less the family's countable income. How much will the Smith family receive per month if they apply for assistance? A) $106.00 B) $225.00 C) $331.00 D) $346.00 E) None of the above. Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this lineSuppose burglars trashed your apartment and stole your personal property. Your rent is $350 per month and you had to live in another apartment house for two months while the landlord had the apartment put back into livable condition. Under which section of an HO policy would you be covered and how much would you recover because of the move? A) Section I coverage C, $350 B) Section I coverage C, $700 C) Section I coverage D, $350 D) Section I coverage D, $700 E) Section II coverage, $350
- B6 Which of the following taxpayers will have an adjustment on their Schedule CA (540), Part I, Section A, line 1? Abdul earned $40,000 of wages while working at the local pharmacy. Dana won $2,000 from the California Lottery. Milo cashed U.S. Savings Bonds yielding $300 of interest. Sasha received ridesharing fringe benefits that were excluded from income on her federal return.T/F Person A works for Global Payments Inc. They will take a portion of their pay check to buy Global Payments Stock every pay period. This is an example of Gain sharing.Your answer is not one of my choices, can you help me do it again? These are the answers I was given $26,965 $6,090 $5,725 $5,977
