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

  What total incremental manufacturing cost martinez incur

Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follows.

  A classified balance sheet

Analyze transactions and prepare an income statement, retained earnings statement, and balance sheet. (LO 1), AP Include margin explanations for any changes in Retained Earnings. (b)  Prepare an income statement for the month of June. (c)   Prepare a..

  Flip company purchased equipment on july 1 2011 for 90000

flip company purchased equipment on july 1 2011 for 90000. it is estimated that the equipment will have a 5000 salvage

  Major expected costs-benefits for globalized businesses

With the globalization of corporate business and cross border security listings, the need for a common set of accounting standards to be applied worldwide emerged to the surface. Both the IASB and the FASB have taken steps towards this goal.

  How does the maximum average grade change

What if Brian decides to spend 25 hours, rather than 19, studying? How does the optimal mix change? How does the maximum average grade change?

  Coures:- fundamental accounting principles

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

  Advising about a software purchase

Your local art museum recently purchased a quad-core computer with 16 GB of RAM. The curator read an article about an art collection inventory system software package that could go on the new computer.

  Explain the role of randomization

An industrial machine requires an emer- gency shutoff switch that must be designed so that it can be easily operated with either hand. Design an experiment to find out whether workers will be able to deactivate the ma- chine as quickly with their ..

  Company merchandise inventory

A company's merchandise inventory includes all of the following, except:

  Faulkner decided to change to the straight line method

Describe the way Faulkner should account for the change described. Include in your answer any journal entry Faulkner will record in 2011 related to the change and any required footnote disclosures.

  If stephens inc uses moving average perpetual inventory

stephens inc. is a wholesaler of photography equipment. the activity for the vtc cameras during july is shown

  Foster company makes power tools the budgeted sales are

foster company makes power tools. the budgeted sales are 420000 budgeted variable costs are 147000 and budgeted fixed

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