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Author Question: An electronics store sold a home theater system to an employee for $300, even though the retail ... (Read 57 times)

rosent76

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Question 1

Amanda, who lost her modeling job, sued her employer for age discrimination. She was awarded $75,000 in lost wages, $25,000 for emotional distress, and $150,000 punitive damages. The amount taxable is
◦ $0.
◦ $150,000.
◦ $225,000.
◦ $250,000.

Question 2

An electronics store sold a home theater system to an employee for $300, even though the retail price was $500. The gross profit percentage is 40%. Such discounts are available to all employees. How much income should be recognized by the employee from these transactions?
◦ $0
◦ $100
◦ $120
◦ $200


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Marked as best answer by rosent76 on Sep 13, 2020

smrtceo

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rosent76

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


Zebsrer

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Reply 3 on: Yesterday
Excellent

 

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