Amount of lebron gross income

Assignment Help Accounting Basics
Reference no: EM131026967

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: EM131026967

Questions Cloud

What is the change in the thermal energy of the slide : A 22 kg child slides down a 2.5-m -high playground slide. She starts from rest, and her speed at the bottom is 1.0 m/s . What is the change in the thermal energy of the slide and the seat of her pants?
Basic assumptions and basis of collective security : What are the Basic Assumptions and basis of collective security ?
The congress passes the paycheck fairness act : Assuming the Congress passes the Paycheck Fairness Act, and please list influences or consequences that the Act can bring to our country. ?short answer (In Your own Words)
Discourses reject aristotle''s classification : Why does Machiavelli in either the Prince or Discourses reject Aristotle's classification of regimes as outlined inpolitics? What does he suggest in its stead, and what does this difference tell us about the differences between the two thinkers more ..
Amount of lebron gross income : 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?
Describes the body ability to maintain its normal state : The physician directs the medical assistant to complete a request form for an x-ray study of the fibula. The procedure will be performed on which of the following structures?
Express the following using a positive exponent : A launched rocket has an altitude, in meters, given by the polynomial , where is the height, in meters, from which the launch occurs, at velocity in meters per second, and is the number of seconds for which the rocket is airborne.
Casualty of a down economy by declaring bankruptcy : In 2007, Lehman Brothers Holdings, Inc. became a casualty of a down economy by declaring bankruptcy. The federal government of the United States offered no intervention and permitted the company to fail.
Find the amount of tax for a single taxpayer with taxable : The value of the expression 4220 + 0.25(x - 30,650)is the 2006 federal income tax for a single taxpayer with taxable income of x dollars, where x is over $30,650 but not over $74,200.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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