User Account

All Pages

How much is the total exclusion from gross income

Assignment Help Accounting Basics
Reference no: EM132793979

Question - Mr. Dimataling was hurt in a bus accident. He received a total indemnity of P800,000 from the insurer of the bus. Mr. Dimataling paid P250,000 in hospital bills due to the accident. How much is the total exclusion from gross income?

Reference no: EM132793979

Questions Cloud

What will be xyz wacc after the new capital structure : Contemplating implementing a revised capital structure consisting of 60% debt and 40% equity. What will be XYZ WACC after the new capital structure is in place
Simply identify the key ideas : What did you learn (key chapter highlights/concepts)? Summarize the main themes within each assigned chapter and integrate these themes within this annotation
Identify two values that are mapped to the same value : Identify two values that are mapped to the same value to demonstrate that it is not one-to-one. Define the inverse of that function
What is the internal rate of return for green goddess salad : The Green Goddess Salad Oil Company is considering the purchase of a new machine that would increase. What is the internal rate of return?
How much is the total exclusion from gross income : Mr. Dimataling paid P250,000 in hospital bills due to the accident. How much is the total exclusion from gross income
How can a future crisis be prevented : Discuss the 2007-2008 financial crisis and what impact it had on the financial markets. Who was impacted? What caused the crisis
What are the challenges scholars face : What are the challenges scholars face when considering the mental illness of artists? You may use APA, MLA, or Turabian for citing sources.
Find for the carrying amount of the loan receivable : MNO Bank granted a loan to a borrower on January 1, 2020. Compute for the carrying amount of the loan receivable on December 31, 2020.
Show calculation of interest expense and interest payable : Waren has a $60,000 two-year note payable to First American Bank & Trust dated December 18, 2017. Show calculation of Interest expense and Interest payable

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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