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ycow [4]
2 years ago
4

Carter divorced his wife in the current year. In accordance with the divorce decree, he paid her $15,000 as a property settlemen

t in the division of their net assets. In addition, he paid her $10,000 in partial fulfillment of the annual requirement to pay her $12,000 a year in child support. What amount may Carter deduct on his tax return for the current year
Business
1 answer:
rodikova [14]2 years ago
7 0

Answer:

$0 (at least under current laws)

Explanation:

Child support payments are not tax deductible. Even alimony payments made to former spouses are not tax deductible anymore.

Any property settlements resulting from a divorce are not tax deductible either nor are they considered taxable income for the receiving party.

So in this case, until the current law changes, Carter cannot deduct any amount from his tax return.

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Could the product flow operate independently from other channel flows?
11111nata11111 [884]
It could, as long as it fulfills these two conditions
- The products could generate enough profit without the boost that givenn by other channel flows.
- The independent operation would not cause a decrease in profit for other channels flow because eventually, business owners only want to do the combination that bring the most profit.
4 0
2 years ago
True or False: Cell phone chargers are considered hazmat products and cannot be stowed with items like books
Sauron [17]

Answer:

I would say false

Explanation:

the charger is like an appliance . if it isn't in use it's harmless . I don't know for sure.

3 0
2 years ago
Which of the following characteristics best describes repetitive focus? Its output is a standardized product produced from modul
HACTEHA [7]

Answer:

Its output is a standardized product produced from modules.

Explanation:

Repetitive Focus is a process that focuses on product orientation and emphasizes the use of modules, which allow for a greater range of customization. That being said we can say that out of the answers provided, the characteristic that best describes repetitive focus is that Its output is a standardized product produced from modules. Because like mentioned before the main difference between this and other process' is the use and emphasis on modules.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
2 years ago
Assume India can produce either 15 bottles of milk or 50 cartons of eggs using all of its available resources, and Indonesia can
diamong [38]

Answer:

50 cartons of eggs

Explanation:

The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.

                 Bottles of milk     cartons of eggs

India                  15                              50

Indonesia          25                             35

In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.

In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.

According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.

5 0
2 years ago
Demski Company pays its employees on the 1st and 15th of each month. It is March 31 and Demski is preparing financial statements
Elden [556K]

Answer:

Explanation:

In the given transaction, it would impact the income statement and the balance sheet in the increment manner

That means The income statement would increase by $96,000 as it reflect the wages expense in the debit side of the income statement

And, the balance sheet would increase by $96,000 as it reflect the wages payable in the credit side of the balance statement under the current liabilities side of the balance sheet

6 0
2 years ago
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