What is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return?

Answers

Answer 1

$850 as a employers voucher is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return.

What is Fringe Benefits ?

Fringe benefits are extras that businesses provide their employees on top of their salaries. Some firm fringe perks are provided to every employee, while others could be reserved for executives exclusively. Some perks are given to employees to cover expenses associated with their jobs, while others are focused on overall job satisfaction.

In any event, organizations use fringe benefits to aid in the attraction, encouragement, and retention of top talent.

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Related Questions

Routine purchases may only require ______ information search, whereas one-time high expense purchases require more ______ information search time.

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Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.

What is Routine purchases?

The  routine purchases are one that people make to seek for  little decision-making, however this purchases are made with “programmed behavior.

Hence , Routine purchases may only require internal information search, whereas one-time high expense purchases require more external information search time.

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What is the population variance of the relative letter frequencies in english text?

Answers

According to the dictionary provided, the population variation of the relative letter frequencies in English text is 0.001040566774, or zero. You may anticipate that each letter will appear the same number of times as every other letter in the alphabet because the text is incredibly long and random.

What is population variance?

The variation in population data is measured by population variance. Population variance, which describes how data points are distributed within a population, can therefore be defined as the average of the squares of the distances from each data point in a given population to the mean.

32 is obtained by multiplying the square of the deviations of each data point from the mean. This value is divided by the total number of observations (3) to get 10.67.

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When structuring the __________ section, it can be beneficial to use headings or bullets to delineate each suggested action.

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It can be helpful to use headings or bullets to separate out each suggested action when arranging the options section.

What do you mean by grammatical structuring?

The simple sentence, the compound sentence, the complex sentence, and the compound-complex sentence are the four fundamental forms of sentence constructions in conventional grammar. Subject-Verb-Object is the most frequent word order in English sentences (SVO). The subject, predicate, and occasionally direct or indirect objects of a sentence are put together according to sentence structure. The principles for sentence construction are straightforward but unbending. These include the requirements that each sentence contain a subject, predicate, and object (in that sequence).

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The fact that snow-blowers tend to sell better in the north than in the south illustrates the importance of considering __________ in marketing planning.

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The fact that snow-blowers tend to sell better in the north than in the south illustrates the importance of considering climate in marketing planning.

Why should marketing consider climate?

The climatic conditions of a place influences the types of purchases that people will make in some areas. For instance, you won't make a lot of money selling sweaters in the Sahara desert.

This is the same with snow-blowers. There is much more snow in the North than in the South so it will sell more there. One should therefore consider climate when engaging in marketing planning.

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The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as ____ law. multiple choice question.

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The body of law that governs oral and written agreements associated with the exchange of goods, services, money and property is known as contract law.

What is contract law?

Contract law can be defined as a set of law that governs oral and written agreements between two or more parties with respect to the buying and selling of goods, services, debt, loans, property, etc.

What is a contract?

A contract can be defined as a formally written agreement between two or more parties such as a group of people, team, etc., which primarily gives rise to a mutual legal obligation that is enforceable by law across specific jurisdiction in the world.

The types of contract.

Generally speaking, there are different types of contract in business and these include the following:

Fixed-price contractCost-plus contractBilateral contractImplied contractUnilateral contractAdhesion contractUnconscionable contractOption contractExpress contractExecutory contract

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When developing logistics strategy, a(n) ___________ strategy refers to the management of logistics activities with a focus on costs.

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The correct option is (b) process.

When developing a logistics strategy, a process strategy refers to the management of logistics activities with a focus on costs.

What is process strategy?

The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.

The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.

How do you create a process strategy?

Steps in the strategic planning process

Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.Set goals in order of importance.Create a plan.Manage and carry out the plan.Examine and update the plan.

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The complete question is:

“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.

a. market

b. process

c. command and control

d. information”

To say that government intervenes in the economy to promote equality is to say that government is aiming to.

Answers

To say that government intervenes in the economy to promote equality is to say that government is aiming to create a more fair distribution of income.

What does Income Distribution means?

In financial matters, income distribution covers how a nation's all out Gross domestic product is conveyed among its populace.

Monetary hypothesis and financial strategy have long considered income and its distribution to be a focal concern. Inconsistent distribution of income causes financial imbalance which is a worry in practically all nations all over the planet.

The idea of imbalance is particular from that of neediness and reasonableness. Income imbalance measurements (or income distribution measurements) are utilized by friendly researchers to gauge the distribution of income.

Therefore Income distribution among the members in a specific economy, like that of a particular nation or of the world overall.

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How is the operations management function related to activities in human resources, information systems, and accounting?

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links the operations management function with the financial, information systems, and human resources divisions.

Operations management (OM) and human resources management (HRM) have traditionally been very different fields. The main areas of communication between operations managers and human resource managers are, in fact, administrative issues with payroll and other challenges. In academia, several research communities on the two subjects, mostly from various disciplinary backgrounds, disseminate their findings in various collections of papers. However, operations and human resources are inextricably linked at a fundamental level. Human resource operations including pay, training, staffing, and communications frequently have an explanation or a way to restrict their effects. Variations or abnormalities would normally be interpreted by conventional procedures as randomness or error variance;

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Although transportation costs rise because breaks in transportation, we can surmise that over very long distances the lowest-cost form of transporting goods is by:______

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Although transportation costs rise because breaks in transportation, we can surmise that over very long distances the lowest-cost form of transporting goods is by ship.

The transportation costs is usually higher as the secondary location is farther from the customer's address. Also, the transit time is longer for the same reason, so the shipment shall arrive quite later than usually expected.

Ships are usually preferred over very long distances transport, as they are attractive, and as well as the cost per kilometer is very low. Ships tend to be slower than land-based transportation, but unlike trucks or trains, they can cross oceans.

Hence, transportation through ships is the least expensive and slowest mode of freight transport.

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Different payout policies will attract different types of investors due to the _______.

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Due to the clientele effect, different payment policies will draw various types of investors.

What is Clientele effect?

The clientele effect is a frequent occurrence when shareholder desires have an impact on stock prices.The way that a certain category of stocks is sought after by individual investors is one aspect of the clientele effect.Dividend clientele, a term denoting a group of stockholders who have similar views on how a certain firm handles its dividend policy, is an example of this effect in action. The clientele effect is a shift in share price brought on by business choices that prompts investor responses. The clientele effect discusses how the needs and objectives of a company's investors can affect its stock price.According to the clientele effect, when a firm changes one or more of its policies, certain investors' stock holdings will change in accordance with their initial attraction to those policies.

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What is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy?

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200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.

LIGHT YEAR: The distance that light travels in one year is said to be a light year. At 186,000 miles (300,000 kilometers) per second and 5.88 trillion miles (9.46 trillion kilometers) per year, light travels through interstellar space.

200 Light Years is the average distance between civilizations if there are currently 1 million intelligent civilizations in our galaxy.

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When preparing a multi-product break-even analysis, the assumption is ordinarily made that the:________

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When designing a multi-product break-even analysis, the assumption is ordinarily made that the sales mix will not change.

Assumptions of Break-Even Analysis

Total fixed costs stay constant at all the outcome levels. All the price can be considered as either fixed or variable costs. Straight-line cost and payment behavior. Throughout the output level, the sales cost per unit is constant.

What is multi-product break-even analysis?

Break-even analysis for numerous products is made potential by calculating weighted average grant margins. The break-even point in units is equal to total fixed costs split by the weighted average contribution margin per unit (WACMU).

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The invention of printing, especially the gutenberg press, took place in europe, and it eventually influenced printing in asia.
a. true
b. false

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FALSE. The invention of printing, especially the Gutenberg press, took place in Europe, and it eventually influenced printing in Asia.

For the first time in Europe, mass production of books at a low cost was made possible by Johannes Gutenberg's type of automated printing press in the 15th century.

The dissemination of knowledge, scientific advancements, and literacy in Renaissance Europe were accelerated by Johann Gutenberg's invention of movable type printing. The Protestant Reformation, which divided the Catholic Church, was greatly aided by the printing revolution.

FALSE. The invention of printing, especially the Gutenberg press, took place in Europe, and it eventually influenced printing in Asia.

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Suppose your marginal benefit of your first cup of coffee is $4, of your second is $3, and of your third is $2. if the price of coffee is $3, how many cups of coffee will you buy?

Answers

The price a customer is willing to pay to acquire an additional unit is referred to as the marginal benefit (each individual area). As a result, total benefit equals sum of marginal benefits.  2 cups
So, the correct answer is 2cup.

Marginal Benefit

Two indicators of how a product's price or value fluctuates are marginal benefit and marginal cost. While marginal cost has an influence on the producer, marginal benefit has an impact on the consumer. When creating, determining a product's price, and marketing it, businesses must take into account both ideas. A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. With rising spending, the consumer's contentment tends to decline. The cost that is affected when a further unit of a good or service is produced is known as the marginal cost. Using an additional unit of an item or service results in a minor but quantifiable benefit for the consumer. As a consumer chooses to consume more of a single commodity, the marginal benefit typically decreases. Consider a consumer who buys a ring for her right hand. She spends $100 on the ideal accessory. She would not want to spend an additional $100 on a second ring because she does not need two rings. She might, however, be persuaded to spend $50 on that additional ring. For this consumer, the first ring's marginal benefit is $100 and the second ring's marginal benefit is $50.

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When calculating the present value of multiple cash flows using a spreadsheet, you must:________

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The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.

Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency.

The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.

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The hawthorne studies, which showed that there is a dynamic social system in the workplace, took place in the 1960s. true false

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The correct answer is False. The Hawthorne investigations, which demonstrated that the workplace has a dynamic social system, were conducted in the 1960s.

Work relevance and autonomy are two of the five ideal criteria of a job design outlined by Hackman and Oldham. Giving employees more responsibility and variety in their work is a strategy for motivating them.

Giving employees work with more responsibility and autonomy is a part of job enrichment. By allowing an individual to make decisions without seeking management approval, responsibility can also hasten the working process.

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When preparing a journal entry for a transaction that affects retained earnings, the retained earnings account should be debited or credited directly rather than debiting or crediting the account which will ultimately cause retained earnings to change. True or false?.

Answers

This is a False Statement.

To Prepare a Journal Entry First, read the transaction carefully and comprehend it. Discover which accounts need to be credited and debited before entering a journal entry. Write out the narrative (summary description) for both the debit and credit transactions after making the diary entry.An illustration of a journal entry is the purchase of equipment by a nation, where the cash account will be credited and the equipment account debited.In Example, what does journal entry mean?A purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.

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When the market price of a good increases, the amount that sellers are willing to offer for sale increases. True or false?.

Answers

When the market value of a good increases, the quantity that sellers are willing to offer for sale increases. This statement is true .

Elaborate:

Prices that are raised normally cause reduced demand while people who are raised typically cause higher supply.Although the impact on the equilibrium quantity can't be determined, an increase in demand and a decrease in supply will result in an increase in the equilibrium price.

Consumers now place a better value on goods, and producers must charge a better price to offer the goods; as a result, prices will rise for all quantities.

What is market price?

The market value is the current price at which a good or service can be purchased or sold. The market value of an asset or service is determined by the forces of supply and demand; the price at which quantity supplied equals quantity demanded is the market price.

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If the load is increased, the strain will also ___________. decrease not change increase resist change

Answers

If the load is increased, the strain will also increase.

What is load in stress and strain?

The stress – strain curve is derived  from the tensile test. Near  the elastic region of the graph the deformation formed  is direct proportional with the load. Dividing the load by the cross-section area keeping it  constant and the deformation by the original length (constant) takes  to a graphical representation .

Is strain a load?

Strain is a unit less  measure of how exactly an object becomes bigger or smaller from an applied load. Normal strain happens  when the elongation of an object is in contact to a normal stress.

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The fixed assets turnover ratio of gd products is 13.6 and that of its competitor, ap goods inc., is 6.0. what does this financial data primarily imply?

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In comparison to its rival, AP Goods Inc., GD Products Inc.'s receivables turnover is 13.6 compared to 6.0. This financial information primarily suggests that GD Products collects receivables more quickly than AP Goods.

Financial data is information about a person's or an organization's financial transactions. Both creditors and lenders utilize this data to determine the credit risk.

What makes financial information crucial?

Financial reports are crucial. They are a valuable source of knowledge regarding a company's operations and financial standing.

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When a monopolist practices price discrimination, compared with a single-price monopolist, deadweight loss will:_________
a. remain the same.
b. increase.
c. decrease.
d. increase initially and then r

Answers

When a monopolist practices price discrimination, compared to a single-price monopolist, dead weight loss will: A. remain the same

OPTION A is correct.

What is monopolist ?

By tracking changes within the prices consumers pay over time for a selection of goods and services, the buyer Price Indicator (CPI) is a popular index for measuring inflation.

The eight main categories of those products and services are: alcoholic drinks, food and beverages, clothing, transportation, clothing, health care, recreation, education, and communication.

By comparing the worth of this fixed basket of consumer goods and services in one time to their prices in prior periods, the buyer price index is determined. Therefore, increases within the CPI roughly mirror changes in the cost of living in the United States. As a result, the CPI may be a key economic indicator for spotting times of inflation (or deflation) in the United States.

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Understanding a person's body language and facial expressions would be especially important during business conversations in which type of culture?

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In high context culture, understanding person's body language and facial expression is essential during business conversation.

Understanding body language and facial expressions would be especially important during business conversations in a ”High context culture”.  In high context culture, we can best understand what other people want to communicate with us because observing can help us to understand rather than just listening.

High context refers to societies or groups, where people have close connections over a long period of time. In high context culture, communication and messages implied directly spoken. People may need a strong culture to understand communication.

Communication style among people developed a working relationship because they have already learned each person communicates themselves. It is important to recognize that all cultures contain aspects of high context and low context communication.

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Cdss allow the purchaser to buy protection from what type of risk? .
a) correlation risk
b) deficit risk
c) conservation risk
d) credit risk

Answers

Cdss allow the purchaser to buy protection from a credit risk (option d).

What is a CDS?

CDS is an abbreviation for credit default swap. A credit default swap is a swap that is used to transfer the credit risk of a fixed income investment. The CDS is an agreement where the holder of the fixed income investment is compensated if there is default or any other credit event.

Credit risk is the risk that a borrower would fail to meet the contractual obligations associated with the loan. Bonds issued by the government have little or no credit risk. Bond ratings indicate the credit risk of an investment.

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Mutaz is talking to su about a project. su can tell that mutaz is unhappy with the project's progress because su and mutaz know each other well. this transmission of information is known as?

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Mutaz is talking to su about a project. su can tell that mutaz is unhappy with the project's progress because su and mutaz know each other well. this transmission of information is known a communication.

What is transmission of information?

Information transmission can be referred to as one or more of the different methods that information is disseminated or transferred from one location to another. Telephone, email, radio, TV, and satellite are a few examples of electronic information transmission methods. Synchronous and asynchronous serial transmission are the two types. Bit synchronization is used in both of these transmission techniques. Identification of the start and stop of the data transfer requires bit synchronization.

Therefore,

Mutaz is talking to su about a project. su can tell that mutaz is unhappy with the project's progress because su and mutaz know each other well. this transmission of information is known a communication.

Mutaz is talking to su about a project. su can tell that mutaz is unhappy with the project's progress because su and mutaz know each other well. this transmission of information is known a communication.

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When pizza company sells three $100 gift cards at the beginning of the month, it should record a debit to ______ and credit to ______ for $300.

Answers

As pizza company sells three $100 gift cards at the beginning of the month, it should record a debit to Cash and credit to Deferred Revenue for $300.

What is a Cash account?

In accounting, the cash account may refer to a ledger in which all cash transactions are recorded. These cash account includes both the cash receipts journal and the cash payment journal.

What is a Deferred Revenue?

In accounting, the deferred revenue is a record of income received for a product or service that has yet to be delivered. It is also an unearned revenue that happens when a customer prepays a company for something.

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Activity-based costing is most suited to manufacturing processes that are labor intensive. this statement is?

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Activity-based costing is most suited to manufacturing processes that are labor-intensive. This statement is false.

What is the meaning of activity-based costing?

The ABC method, also known as activity-based costing, divides direct and indirect costs, such as salaries and utilities, among goods and services. The ABC system of cost accounting is built on the concept of activities, which are characterized as any event, undertaking, or task with a particular goal.

The purpose of activity-based costing is to allocate certain resources to objects. Assigning indirect costs to things that are difficult to identify and assign using activity-based costing is very beneficial. The more accurate cost of product overhead is the main benefit.

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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.

Answers

Answer:

The supply curve (S0) for pencils shifts to the left since the price of wood increases, the price of graphite increases, and the price of rubber increases this will cause a leftward shift in the supply curve for pencils

Explanation:

During the year, a company had $100,000 in revenues, $40,000 in expenses, and paid $3,000 in dividends. the net of these items caused total stockholders' equity to ______.

Answers

The net of these items caused total stockholders' equity to increase by 57,000

100,000-40,000-3000= 57000

Revenues - expenses - dividends paid = stockholders equity

100,000-40,000-3000= 57000

The amount of assets still accessible to shareholders after all obligations have been satisfied is known as shareholders' equity, sometimes known as shareholders' or owners' equity. It can be computed as the sum of a company's share capital and retained earnings less treasury shares or alternatively as the firm's total assets less total liabilities. Common stock, paid-in capital, retained earnings, and treasury stock are all examples of stockholders' equity.

Conceptually, stockholders' equity can be used to evaluate the funds kept within a company. If this number is negative, it can be a sign that the company is about to file for bankruptcy, especially if there is also a sizable debt obligation.

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The amount of money that people need to afford food, housing, and other basic products is the:____.

Answers

The amount of money that people need to afford food, housing, and other basic products is the: Cost of living

What Is the Cost of Living?

The cost of living is the bulk of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a some  place and time interval . The cost of living is often used to compare how expensive it is to live in one city in compare another. The cost of living is tied to wages.

How is the cost of living calculated?

Simply sum  up all of your monthly fixed expenditures, like rent or a mortgage payment, and your variable expenses, such as groceries and gas costs. Also factor in occasional but unplanned purchases, such as new tires. The remaining amount, thinking you aren't going to debt every month, is your cost of living.

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Answer: The poverty line

Explanation:

Do the auditing standards set by the pcaob apply to audits of nonpublic companies? explain.

Answers

The auditing standards set by the PCAOB do not apply to audits of nonpublic companies this is because non  private companies' auditors keep tp or adhere to ASB guidance.

Do PCAOB standards apply to private companies?

Auditors of public companies are those that are mandated to follow standards set by the PCAOB, while those of private companies' auditors are known to be one that adhere to ASB guidance.

The PCAOB board is one that state that the professional auditing standards that are the ones that registered auditing firms need to use. These standards are said to be used in the act of monitor accounting firms.

Therefore, based on the above, The auditing standards set by the PCAOB do not apply to audits of nonpublic companies this is because non  private companies' auditors keep tp or adhere to ASB guidance.

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Think of a futuristic business. Then identify the level and type of production that it would undertake. W/ all relevant information.Give a description of the business. Starting in 1850 when europe become industrialized, the frequency of melanic forms of the peppered moth in populations ______ until they made up ______ of some population. multiple choice question. answer this question Find the slope of each line The largest mass of living material on earth comes from the largest mass of living material on earth comes from:_________ a. microorganisms. b. plants and animals together. c. plants. d. animals Cual es mi potencial en los deportes Analyze the word to determine its prefix, the meaning of its prefix, and the probable meaning of the word.Prefix:Prefix meaning:Word meaning:minimize f(-6)=3(3-2x). What is the evaluating function? Where is the centromere located on the chromosome, and what is its role?Select one:a.It is exactly at the center and it is responsible for making the q-arm longer than the p-arm.b.It is not exactly at the center, and it always makes the p-arm longer than the q-arm.c.It is exactly at the center, and it attaches to spindle fibers during cell division.d.It is not exactly at center, and it attaches to spindle fibers during cell division. The adjusting entry for a deferred revenue includes a debit to a(n)___ account and a credit to a(n)_____ account. What is the stressed syllable of the following words?1. Maite2. aguanta3. ahora4. almohada5. amarillo6. aorta7. aplaude8. aries9. auto10. baile11. bien12. brasil13. carro14. ciudad15. cohete16. coincide17. cuba18. cuenta19. cuidado Which statement is true of all scientific laws?OA. They were established by scientists hundreds of years ago.OB. They are factual explanations that cannot be questioned.C. They describe nature through the past, present, and future.OD. They must be based on mathematical formulas to be valid. what were the most valuable commodities from sub-sahara africa around 300 C.E? 100 POINTSselect all three correct answersA- ivory B- enslaved human beings C- gold D- silk The tendency of the return on stockholders' equity to vary disproportionately from the return on total assets is because of:________ Reasons for why people hesitate or do not act after recognizing an emergency are called:________ what is difference between fraction and rationals Where does ice tend to freeze first and melt last? a. shaded areas from trees and buildings b. on sunny portions of the roadway c. inside tunnels d. at lower elevations Which has higher kinetic energy: a sled resting at the top of a hill or a sled sliding down the hill? a sled sliding down the hill a sled resting at the top of a hill Geographers define the essential element called the uses of geography as __________.A.learning about the Earths natural environmentsB.understanding the places and regions around usC.studying our past and planning for our futureD.learning about the cultures people create What command can be used to remove partitions and convert a drive to gpt? group of answer choices