In October 1976, Marian made a large taxable gift. It was her first gift. Marian used her $30,000 specific exemption to reduce her taxable gift amount. What impact does this gift have on her unified credit and death tax base?
What will be an ideal response?
Marian's unified credit is reduced by $6,000 (20% of $30,000). Her death tax base does not include her 1976 gifts.
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A(n) ________ is an automobile insurance system used by some states in which the driver's insurance company pays for any injuries or death the driver suffers in an accident irrespective of who caused the accident
A) no-fault insurance B) comprehensive insurance C) automobile liability insurance D) collision insurance
Suppose the real risk-free rate is 3.50% and the future rate of inflation is expected to be constant at 4.10%. What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is valid? Include cross-product terms, i.e., if averaging is required, use the geometric average. (Round your final answer to 2 decimal places.)
A. 6.58% B. 7.74% C. 9.37% D. 6.50% E. 7.90%
Marketers can evaluate odd pricing strategy by examining its response in the target market.
Answer the following statement true (T) or false (F)
The accounts receivable ledger for Acme Auto Parts is shown below. Prepare a schedule of accounts receivable as of March 31, 2019. Alison ArngrimDATEEXPLANATIONP.R.DEBITCREDITBALANCE2019????? Mar. 1Balance???5,000 2Cash receiptJ3?2,0003,000Johnathan GilbertDATEEXPLANATIONP.R.DEBITCREDITBALANCE2019????? Mar. 1Balance???2,545 15Sales Slip 100J31,000?3,54520Cash ReceiptJ3?2,5451,000Matthew LaborteauxDATEEXPLANATIONP.R.DEBITCREDITBALANCE2019????? Mar. 1Balance???500 25Sales Slip 101J3250?75028Sales Slip 102J32,000?2,750
What will be an ideal response?