Lebron gross income from items

Assignment Help Accounting Basics
Reference no: EM131028236

Lebron received $50,000 of compensation from his employer and he received $400 of interest from a municipal bond. What is the amount of Lebron's gross income from these items?

a. $0

b. $50,400

c. $50,000

d. $400

Reference no: EM131028236

Questions Cloud

Ive the number of possibilities if the order of two pizzas : verify the child's calculation. Use the fact that little Caesars has 11 topping to choose from. Assume that the order of the two pizzas matters;that is if the first pizza has a combination of 1 and second pizza has combination of 2, that is differ..
Identify two global trends-impact leadership development : Identify two global trends that impact leadership development. Analyze the ways and means leaders manage current and future trends. Analyze what leaders must do to reinforce the positive effects of these trends on their organizations.
Define the carbon tax : Question : "Citing from the readings (Giddens and the NYT article), define the carbon tax and assess how well it would work in the US
Show that if n is odd then the set of all n-cycles : Let G be a transitive permutation group on the finite set A with |A|>1. Show that there is some g in G such that g(a) is not equal to a for all a in A. (Such an element g is called a fixed point free automorphism)
Lebron gross income from items : Lebron received $50,000 of compensation from his employer and he received $400 of interest from a municipal bond. What is the amount of Lebron's gross income from these items?
What is one thing that entrepreneurs do not do : What is one thing that entrepreneurs do NOT do? Which of the following is most likely to be an implicit cost of production? Firms exist for all but which one of the following reasons?
What is the probability that at least one will get the flu : Two persons, one inoculated and one not, perform a highly specialized task in a business. Assume that they are not at the same location, are not in contact with the same people, and cannot expose each other to the flu. What is the probability that..
Disease treatment-management affect hospital functionality : Consider how the shift from acute-care diseases, managed primarily in hospital settings, to more emphasis on chronic disease affects hospitals. How does this shift in disease treatment and management affect hospital functionality?
How many 9 player starting lineups can he create : A person ordering a certain model of car can choose any of 6 colors, either manual or automatic transmission, and any of 7 audio systems. How many ways are there to order this model of car?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  The available-for-sale bond portfolio was adjusted to fair

dollar-mart inc. is a general merchandise retail company that began operations on january 1 2010. the following

  Prepare journal entries to record the events on february

Bogscraft Company has outstanding 60,000 shares of $ 10 par value common stock and 25,000 shares of $ 20 par value preferred stock (8 percent). On February 1, the board of directors voted in favor of an 8 percent cash dividend on the preferred stock...

  Unemployment rates in canada

Why has the unemployment rate in the United States typically been lower than the unemployment rates in Canada and the countries in Western Europe?

  Upward communication in the organization

1. You are the CEO of a leading manufacturing company. You want to encourage greater upward communication in the organization. What are some ways in which you will be able to accomplish this? Discuss in scholarly detail!!

  Youve studied a variety of debt instruments bonds are

youve studied a variety of debt instruments. bonds are unique in several significant ways and their differences impact

  Crigui could avoid 4000 in fixed overhead costs if it

crigui music produces 60000 cds on which to record music. the cds have the following costs direct materials 11000

  Question regarding the us gaap for inventory

The Financial Accounting Standards Board (FASB) issued the FASB Accounting Standards Codification on July 1, 2009. This Codification is the "single source of authoritative nongovernmental U.S. Generally Accepted Accounting Principles (GAAP)" and i..

  Prepare the journal entry required by frozen delight

Frozen Delight, Inc. charges an initial franchise fee of $75,000 for the right to operate as a franchisee of Frozen Delight. Of this amount, $25,000 is collected immediately.

  Identify two situational pressures in a public company

Identify two situational pressures in a public company

  Allocation of manufacturing overhead

Manufacturing overhead is allocated to products based on the number of machine hours required. In a year when 20,000 machine hours were anticipated, costs were budgeted at $125,000.

  All revenue from the new luggage line and all expenses

j and b industries is debating whether or not to invest in new equipment to manufacture a line of high quality luggage.

  Calculate the total present value of cash flows

Interest is at 12%. Assume cash flows occur at the end of the year. Calculate the total present value of the cash flows.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd