Leigh inherited $65,000 of City of New York bonds in January 2018. In March 2018, she received $4,000 of interest on the bonds. In July 2018, she sold the bonds at a $10,000 gain. Leigh also redeemed Series E U.S. Savings bonds in October 2018 that she had purchased several years ago and received accumulated interest of $2,600. In December 2018, she received $800 of interest on City of Paris, France, bonds. What amount, if any, of gross income must Leigh report?
What will be an ideal response?
Leigh must report $13,400 of gross income determined as follows:
| Gain on City of New York bonds | $10,000 |
| Interest on City of New York bonds (exclude) | 0 |
| Interest on Series E Bonds | 2,600 |
| Interest on City of Paris bonds | 800 |
| Gross income | $13,400 |
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Answer the following statements true (T) or false (F)
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How do specialty retailers differ from "hypermarkets," "supercenters," and "convenience stores"? Why are some businesses called "category killers"?
What will be an ideal response?
If Cable Inc receives $23,825 from credit card collections and has an average rate of 4.7% charged by the credit card company, its credit card sales during the period were:
a. $111,978 b. $50,691 c. $25,000 d. $22,705
According to Figure 2.1 in the text, the components of the ________ consist of: objective/theoretical foundations, analytical models, research questions, hypotheses, and specification of the information needed
A) approach to the problem B) management decision problem C) marketing research problem D) environmental context of the problem