Andrea is an accountant who lives in the state of Texas. Which tax is she not responsible to pay?.

Answers

Answer 1

In the states of texas, Andrea is not responsible to pay the inheritance tax as there are no applicability of inheritance tax in texas.

What do you mean by tax?

Tax is an obligatory payment made by the citizens or corporations to the government. These taxes are the major sources of revenue for the government.

As Andrea works as an accountant and lives in Texas, she is exempt from paying the inheritance taxes as this tax is repealed by the state.

Thus, Andrea is not responsible to pay inheritance tax.

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Related Questions

According to the principles of scientific management, the best way to improve productivity is to.

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Answer:

here is ur answer

Explanation:

According to the principles of scientific management, the best way to improve productivity is to: use time-motion studies to find the best method of doing each job, then teach those methods to employees

A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation?

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Answer:

A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation? A fine up to a maximum of $50,000.

If a bank has a leverage (assets/equity) of 10 and a return on asset of 2%, what is its return on equity

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Answer:

If a bank lends $10 for every $1 of capital reserves it will have a capital leverage ratio of 1/10 = 10% Globally it is required that this ratio is at least 3%, according to the Basel III Basel III Basel III is a regulatory framework designed to strengthen bank capital requirements while also mitigating risk.

Explanation:

hope this helps

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP.

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Answer:

True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP. True (The inventory method is an assumed cost flow and does not have to correspond with the actual physical flow of goods.

The principle of monetary neutrality implies that an increase in the money supply will:.

Answers

increase real GDP and the price level.

How much the top managers support a change and how capable employees are of handling a change are important considerations of.

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The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

What is Management?

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


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You have been at fault in your second accident in six months. your insurance company is going to increase your annual premium by 28%. your current annual premium is $975. what will your adjusted premium be?.

Answers

Your adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.

What is the annual premium?

The annual premium is the amount that a policyholder pays to the insurance company for a one-year insurance policy.

The annual premium helps to guarantee payment of indemnity when the covered events occur.

This implies that the annual premium is a periodic contribution that helps in the pooling of risks by the insured to help the insurer meet its indemnity obligations.

Data and Calculations:

Current annual premium = $975

Increase in annual premium = 28%

Adjusted premium = $1,248 ($975 x 1.28)

Thus, the adjusted premium based on a current annual premium of $975, increased by a 28% penalty for being at fault in the second accident in six months, is $1,248.

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Which of the following can negatively impact a borrower getting a loan?

A. All of these
B. Late payments
C. Bankruptcy
D. Defaulting on a loan

Answers

Answer:

A. All of these

Explanation:

Late payments means you aren't putting in the effort to make sure its on time. Bankruptcy means you lost all you money and are likely irresponsible with it. Defaulting on a loan means you can't make your own money and rely on the government system too much.

Anne is skilled at programming and wants to study computer science to become a systems analyst. She has researched the costs
associated with attending the school that offers her major and found it expensive to attend. She decides to enroll. What statement best
supports her decision to enroll?
O She can change majors and attend a more affordable university.
O She can obtain an associate's degree since it is cheaper than obtaining a bachelor's degree.
O She can work while attending college.
O She can apply for a scholarship to help fund her education expenses.

Answers

A statement which best supports her decision to enroll is that: D. She can apply for a scholarship to help fund her education expenses.

What is the decision-making process?

The decision-making process can be defined as a cognitive process that involves gathering (obtaining) information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.

In this scenario, we can logically deduce that the statement which best supports Anne's decision to enroll despite the expensive costs, is that she can apply for a scholarship to help fund her education expenses.

In conclusion, scholarship is a programme that is designed and developed to offer grants to qualified students in order to help fund their education expenses.

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Savings accounts typically offer more interest than what type of account?

Answers

Savings accounts typically offer more interest than the checking account.

What is a checking account?

A checking account is a type of bank account that allows bank customers to carry out their daily cash transactions. Money can be withdrawn or deposited in it multiple times a day without any restrictions. A checking account is also known as demand deposit.

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The crunchy granola company is a diversified food company that specializes in all natural foods. the company has three operating divisions organized as investment centers. condensed data taken from the records of the three divisions for the year ended june 30, 20y7, are as follows: cerealdivision snack cakedivision retailbakeries divisionsales $25,000,000 $8,000,000 $9,750,000 cost of goods sold 16,670,000 5,575,000 6,795,000 operating expenses 7,330,000 1,945,000 2,272,500 invested assets 10,000,000 4,000,000 6,500,000 the management of the crunchy granola company is evaluating each division as a basis for planning a future expansion of operations.required:question content area1. prepare condensed divisional income statements for the three divisions, assuming that there were no support department allocations.2. using the dupont formula for return on investment, compute the profit margin, investment turnover, and return on investment for each division. if required, round your answers to one decimal place.3. when faced with limited funds for expansion, management should consider an expansion of the division first.

Answers

Based on the given entries, the condensed divisional income statements are:

                                    Cereal Division    Snack Cake       Retail Bakeries

Sales                               25,000,000          8,000,000           9,750,000

Cost of Goods               (16,670,000)         (5,575,000)          (6,795,000)

Sold  

Gross Profit                     8,330,000            2,425,000            2,955,000

Operating Expenses      (7,330,000)          (1,945,000)          (2,272,500)

Operating income          (1,000,000)            (480,000)           (682,500)  

The profit margins, Investment turnover, and ROI.

                                          Cereal Division   Snack Cake   Retail Bakeries

Profit Margin                             4                          6                       7

Investment Turnover               2.5                        2                      12

ROI                                              7                        1.5                     10.5

The management should go with Snack Cake as it has the highest Profit Margin.

What are the matrics and ratios for Crunchy Granola Company?

The condensed income statements will show all the divisions and their operating incomes in one statement as shown above.

The profit margin can be found as:

= Operating income / Sales x 100

The Return on Investment (ROI) is:

= Operating income / Invested assets  x 100

Investment turnover can be found as:

= Sales / Invested assets x 100

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The flexible budget performance report directs management's attention to areas where: (Check all that apply.)

Answers

The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.

What is flexible budget performance report?

Flexible budget performance report can be defined as the type of report that  enables the management of a company to determine the difference  between quantity variance and price variances.

Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action  that will lead to efficiency.

Inconclusion it directs management's attention to areas where:corrective action can help control operations.

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Answer:

Costs differ substantially from budgeted amounts

Revenues differ substantially from budgeted amounts

Explanation:

_____ adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.

Answers

Answer:

Target Rating Points adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.

Explanation:

Target Rating Points (TRPs) are a refinement of gross rating points, or GRPs. GRPs relate to the "total audience" exposure to advertising messages, whereas TRPs relate to the "target audience" exposure.

-Justin :)

If government spending increased by $5 billion and the expenditure multiplier is 3.2, what would be the increase in the real GDP

Answers

The increase in real GDP when government spending increases is $16 billion.

What is the increase in real GDP?

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

Increase in Real GDP = multiplier x increase in government spending

$5 billioin x 3.2 = 16 billion

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Scheduling a production shop. midwest parts supply (mps) is a fabricator of small steel parts that are sold as components to manufacturers of electronic appliances and medical equipment. in the mps fabrication department, steel sheets are subjected to a series of three main operations—cutting, trimming, and polishing—which must be completed in this order. each machine processes the jobs in the same order, so it is sufficient to specify a single job sequence in order to describe a schedule. no machine can process more than one job at a time.
this morning, ten jobs have been released to the shop by the erp system, and the production manager is interested in minimizing the time it takes to complete the entire schedule, usually referred to as the schedule makespan. the following table gives the number of hours required for each operation.
what sequence achieves the minimum makespan and what is the minimum length of a schedule?

Answers

The best scheduling to use to ensure that the ten jobs are done in the minimum amount of time is the SJFS.

What is Shortest Job First Scheduling?

This refers to the type of scheduling that makes use of an algorithm to process the shortest time to complete execution and reduces the average awaiting time for other processes to execute.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Which activities support the central idea about financial planning? select 3 options. saving money in a piggy bank making impulsive candy purchases investing extra money to earn interest spending lavishly as a personal reward purchasing stock in a growing company

Answers

Answer:

a, c and e

Explanation:

The activities support the central idea about financial planning include options A, C and E: Saving money in a piggy bank,Investing extra money to earn interest and Purchasing stock in a growing company.

What is the term Financial Planning about?

Financial Planning is literally the establishment of the policies, steps and procedures that will be implemented from a financial and resources point of view to ensure that the objectives and vision of a company are met.

One of its purposes is to help a company establish the monetary resources it will need, aside from the human and material resources, to meet the objectives and be productive.

This is why, the piggy bank, which means saving money, and investing to earn interest and purchasing stock in other growing businesses.

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What type of job can i get with a finance and marketing double major

Answers

You can get jobs such as social media manager, accountant, advertising manager, marketing analyst, marketing manager, financial planner, budget planner

What is one financial opportunity you could enjoy if you didn’t have to worry about making a monthly student loan payment?.

Answers

The financial opportunity that students can enjoy if they didn’t have to worry about making a monthly student loan payment would be to buy crypto like BTC and ETH.

What is a Financial Opportunity?

This refers to the chance that a person gets in order to invest money to increase his financial portfolio.

Hence, it is worthy to note that because student loan payments are so high and have to be paid monthly, this makes most people be broke or low on money, and without this hassle, they would have invested in crypto, stocks, or any other financial stock.

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Describe two places where you have seen dimensioned drawings. explain why the dimensions were needed for both situations.

Answers

Answer:

house plans and building a car

Explanation:

1,837.00 subtracted by 362.81

Answers

Answer:

I mean u can use a calculator

1474.19

Explanation:

Which of the following is an example of corporate welfare? a. A large corporation donates money to a homeless shelter b. Severance pay and unemployment insurance c. Low-interest government loans, subsidies, and tax breaks to corporations d. Employee assistance programs

Answers

An example of corporate welfare is Low-interest government loans, subsidies, and tax breaks to corporations.

What is corporate welfare?

Corporate welfare refers to financial aid granted by governments to companies that make profit, mostly large companies.

Examples of corporate welfare are ;

Tax breakSubsidiesLoans

Hence, we can conclude that an example of corporate welfare is Low-interest government loans, subsidies, and tax breaks to corporations.

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Pension expense must be adjusted when a net gain or a net loss at the beginning of the year exceeds 10% of the PBO or 10% of plan assets, whichever is higher. This threshold amount is referred to as the

Answers

Answer:

It is referred to as the Corridor

Explanation:

YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?

Answers

a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.

b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.

What are unsubsidized and subsidized loans?

Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.

Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.

Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need.  They accumulate interest during school if the student does not elect to make monthly interest payments.

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What is systematic risk? Multiple choice question. It is a risk that is caused by failure of the internal control system of a corporation. It is a risk that increases in a systematic, gradual fashion. It is a risk that affects only one or a few assets. It is a risk that pertains to a large number of assets.

Answers

Systematic risk is D. It is a risk that pertains to a large number of assets.

What is systematic risk?

It should be noted that systematic risk simply refers to the risk that's inherent to the entire market.

In this case, systematic risk is the risk that pertains to a large number of assets. It is also known as volatility.

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Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be

Answers

Answer:

The answer is   2%

Explanation:

Have a wonderful day

Chain restaurants such as Domino's can use e-commerce sites to eliminate supplier-side data entry errors by _____.

Answers

The restaurants uses the e-commerce sites to eliminate supplier-side data entry errors by enabling the buyers to directly enter their own order information.

What is a supplier side data entry errors?

This refers to any type of entry errors in a transaction that result to erroneous supply of quantity of goods, and are caused by error from sales representatives or the buyer input.

However, the use of e-commerce sites eliminate these data entry errors by enabling the buyers to directly enter their own order information.

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What are the advantages and disadvantages of stocks in a big company?

Answers

Answer:

A downside of large-company stock funds is they have a lower average return than small-company stock funds. Since large companies are already established and hold a big market share, they have less room to grow. New, smaller companies have more growth potential

Explanation:

Answer: Investing in the stock market can offer several benefits, including the potential to earn dividends or an average annualized return of 10%. The stock market can be volatile, so returns are never guaranteed. You can decrease your investment risk by diversifying your portfolio based on your financial goals.  -source: the balancemoney.com

Explanation: I hope you're doing ok, its been a while :)

You should comment on one of my answers so we can...clear things up

On january 1st year 1, a company issues $410,000 of 7% bonds

Answers

Answer:

The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable  $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)  

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)  

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

yo

When PepsiCo purchased Frito-Lay and expanded its operations into the snack-food business, it was pursuing a ________ strategy.

Answers

PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.

What is diversification?

Diversification method is used by investors to minimize the risks associated with one single class of assets investment over a long period of time.

Diversification is an investment strategy that mixes a wide variety of investments from different categories within a portfolio.

Hence, PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.

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Which living expense needs to be included in the budget of someone renting an apartment?.

Answers

Answer:

insurance

Explanation:

a living expense that should be included in the budget when someone is going to rent an apartment should be the insurance

hope this helps

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