Initial Organization Meeting has as one of its purposes to identify employees who can help the organizer direct the campaign.
What is the purpose of an organizational meeting?Organizational meetings have a range of uses. They provide participants a chance to talk about and assess their goals and objectives and keep you informed of recent developments. They give people an opportunity to talk and keep the group together. Meetings also give teams a chance to pool resources for decision-making.The fundamental organizational requirements of a corporation established in accordance with the laws of a US state like Delaware are resolved at the organizational meeting, which is a first-time gathering.Meetings for organizations serve a variety of purposes. The fundamental organizational requirements of a corporation established in accordance with the laws of a US state like Delaware are resolved at the organizational meeting, which is a first-time gathering. Meetings also enable organizations to pool resources, which is what matters most.To learn more about organizational meeting refer,
https://brainly.com/question/28215235
#SPJ4
martin company reported net income of $15,000 on gross sales of $80,000. the company has average total assets of $135,000, of which $102,000 is property, plant and equipment. what is the company's return on investment? (rounded to the nearest decimal point.)
If martin company reported net income of $15,000 on gross sales of $80,000. the company's return on investment is: 11.1%.
What is return on investment?Return on investment can be calculated by dividing the net income by the average total assets
Using this formula to find the return on investment
Return on investment = Net income ÷ Average total assets
Let plug in the formula
Return on investment = $15,000 ÷ $135,000 ×100
Return on investment = 11.1%
Therefore we can conclude that the return on investment is 11.1%.
Learn more about Return on investment here:https://brainly.com/question/11913993
#SPJ1
What are the most important issues around environmental sustainability?
Environmental sustainability is a broad topic, and the particular concerns that are most crucial will vary depending on the locale and situation. But some of the most urgent global environmental problems that are frequently brought up in connection with sustainability include:
Human actions like the combustion of fossil fuels, which releases greenhouse gases into the atmosphere, are affecting the Earth's climate. The Earth's average temperature rises as a result of these gases' ability to trap heat.
Biodiversity loss: The disappearance of species and ecosystems is a serious problem for the environment. Numerous things, such as habitat loss, pollution, and the introduction of alien species, can contribute to this loss.
The discharge of dangerous compounds into the environment is referred to as pollution. This can involve contamination of the land, water, and air. The environmental and health effects of pollution can be severe.
To learn more about sustainability
https://brainly.com/question/13353436
#SPJ4
What determines how the team knows when a sprint backlog item is done?
Every Scrum Team will outline its very own Definition of Done which will be utilized to determine whether or not a Sprint Backlog item is done.
Who determines the tasks that are required to entire the committed backlog items in a sprint?The improvement team decides what they can accomplish and commit to for the upcoming sprint. This is the place many scrum tasks fail; we much too regularly see that the product proprietor forces product backlog items into a sprint besides having a 100% dedication from the team.
What determines how the crew is aware of when a Product Backlog item is done?The Scrum Team as a complete determines its Definition of Done in opposition to which “completed” Product Backlog gadgets will be compared
Learn more about sprint backlog here:
https://brainly.com/question/29035971#SPJ4What is the best definition of corporate?
A company is a separate legal entity from its shareholders. Many of the same legal rights and obligations apply to corporations as to people.
What does the word "corporate" actually mean?constituted as an association and given by law the obligations and rights of an individual: incorporated. : pertaining to or becoming a corporation. : of, pertaining to, or being the major corporations of a nation or region taken as a unit.: a strategy to reform the corporate structure.
What role does corporation play?The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the foundational elements of any successful company is corporate governance.
To know more about legal entity visit :
https://brainly.com/question/28437186
#SPJ4
What is an advantage of debt consolidation?
Using data from interviews with customers, researchers at the university of michigan created the ______, a measure of overall consumer satisfaction.
Answer:
American customer satisfaction index
Explanation:
it’s correct
Using data from interviews with customers, researchers at the university of michigan created the American customer satisfaction index, a measure of overall consumer satisfaction.
What is the satisfaction index?An economic indicator that gauges consumer satisfaction across the U.S. economy is the American Customer Satisfaction Index. It is created by the Ann Arbor, Michigan-based American Customer Satisfaction Index.
Three survey questions that gauge various aspects of customer satisfaction with a good or service are weighted to create the customer satisfaction (ACSI) index score. For each question, ACSI researchers estimate the weighting using proprietary software.
Learn more about customers on:
https://brainly.com/question/26313265
#SPJ1
question content area the following lots of commodity z were available for sale during the year. line item description units and cost beginning inventory 8 units at $51 first purchase 19 units at $54 second purchase 50 units at $56 third purchase 13 units at $64 the firm uses the periodic inventory system, and there are 25 units of the commodity on hand at the end of the year. what is the ending inventory balance of commodity z using lifo?
The total amount of closing inventory is $1326.
What Is Inventory?Both the raw materials being used production and the finished commodities that are offered for sale are included in the definition of inventory. Inventory is one of a company's most valuable assets due to the turnover of its stock. A vital asset for every firm is inventory.
The 25 units of ending inventory signify that these units will be made up of beginning-of-period inventory.
Thus, of these 25 units, 8 will come from the initial inventory, while the remaining units will come from the initial purchase.
(25-8) = 17
The price of selling inventory is,
8 units at $51 per unit = $408
17 units at $54 per unit = $918
The total amount of closing inventory is = 408 + 918 = $1326
To know more about Inventory, visit:
https://brainly.com/question/16009242
#SPJ4
Which agile framework breaks workload into?
In Scrum project management, work is split into manageable chunks called Sprints.
Scrum is characterised as a methodology that facilitates teamwork. Scrum employs the idea of the team improvising to learn from experiences, self-organizing, and considering the gains and losses in a team. With all other scrum frameworks and scrum versions, it is used with 66 percent. Therefore, the Agile Framework is utilised to divide work into manageable chunks for team focus and straightforward testing. When a scrum master runs across opposition from outside the scrum team, one way the master can do is collaborate with other scrum masters to tout the efficacy of the Scrum software within the given Organization.
Which agile framework breaks workload into?
-Design Thinking
-Scrum
-Waterfall
-DevOps
-I don't know this yet.
Learn more about scrum here:
https://brainly.com/question/28919511
#SPJ4
Why is product comparison important?
Answer:
It facilitates decision making by helping a consumer focus on the similarities and differences between the items.
Explanation:
Multi-sided markets describe a variety of services that serve two or more segments with very different needs and problems, which bear no relationship to each other.
a. True
b. False
The following statement "Multi-sided markets describe a variety of services that serve two or more segments with very different needs and problems, which bear no relationship to each other" is False
In the field of economics, a market is a collection of mechanisms that allow for the exchange of goods and services between parties. The majority of markets rely on sellers providing their goods or services to purchasers in return for money, however parties may trade goods and services through barter.
It is possible to define a market as the mechanism through which the costs of products and services are decided. Markets provide for the distribution and allocation of resources in a community as well as the facilitation of commerce. Any tradable good may be assessed and valued in a market.
Hence the correct option is B
To know more about Market here-
https://brainly.com/question/13414268
#SPJ4
What are 3 purpose of taxation?
America formally taxes you for the following three reasons:
To produce money for the government. To distribute funds between the wealthy and the needy. To shield against negative externalities.What serves as the main goal of taxation?Paying for governmental spending is the most fundamental purpose of taxes. Taxes have been defended and explained in many different ways over the course of history. By providing funding for their armies and defenses, early taxes benefited the ruling class. Heavenly or supranational rights are common sources of taxing power.
Taxes are the principal source of revenue for the majority of governments. This money is used for a number of things, such as paying for public services like hospitals, schools, and social services as well as improving and maintaining public infrastructure, such as the roads we use to travel.
Learn more about taxation: https://brainly.com/question/1980107
#SPJ4
a speculator that has a futures contract has taken a position. a) purchased; long b) sold; purchased c) sold; long d) purchased; sold group of answer choices a
A speculator that has a futures contract has taken a short position. Hence, Option D is correct.
Future contract: What is it?A futures contract is a binding commitment to buy or sell a certain commodity asset, securities, or both at a defined price at a predetermined future date. For the purpose of facilitating trading on a futures exchange, futures contracts are standardized for both quality and quantity.
Futures contract typesFutures contracts on equities, index, commodities, currencies, interest rates, and the VIX are also available.
Therefore, sold and short are suitable answers to the question.
To know more about future contract from the given link
brainly.com/question/1193397
#SPJ4
What does the IRB consider when approving research studies?
The IRB shall only consider economic risks and benefits when assessing hazards and benefits that might result from the research.
What conditions would make IRB clearance of the proposed study necessary before any data is gathered?IRB evaluation and approval are required for initiatives that: Comply with the standards for research. additionally employ people. encompass any exchange of information or action involving individuals that may be identified using their own private information.What three decisions does the IRB make for each proposal for research?All projects that meet the criteria for research and use human subjects must be examined by the IRB before any data is gathered in order to determine the appropriate level of scrutiny and, if necessary, to obtain approval. The three major types are Exempt, Expedited, and Full reviews.For more information on institutional review board kindly visit to
https://brainly.com/question/30131053lts
#SPJ4
A grocery store in a perfectly competitive market can O freely enter or exit the market.
O ignore profit-maximizing strategies,
O reduce its advertising budget more than its competitors. O differentiate its product with respect to other firms.
A grocery store in a perfectly competitive market can freely enter or exit the market.
Grocery store is a dynamic and highly competitive industry that is only growing. With the economy appearing to be on the mend, industry leaders are seeking a better understanding of shoppers' mindsets. Indeed, grocery retailers will have to respond to four increasingly important trends that will reshape competition in the coming years: the permanent shift in consumer value seeking; the rise of technology-enabled shopping; increased online encroachment; and format and merchandise innovation. Although such high entry and exit costs are common in many markets, firms do not incur costs to enter or exit a market in perfectly competitive markets.
Learn more about competitive market https://brainly.com/question/28267513
#SPJ4
assume the expected return on the market is 10.00 percent and the risk-free rate of return is 2.00 percent. in addition, you have invested $75,000 in stock a and $25,000 in stock b. stock a has a beta equal to 2.00, whereas stock b has a beta equal to 1.00. based on this information, what is the beta for the portfolio?
Beta of portfolio is 1.50. Beta is a measure of the volatility of an asset or a portfolio in relation to the overall market.
How to calculate Beta of portfolio ?To calculate the beta for a portfolio, you need to weight the beta of each individual asset in the portfolio by its proportion of the portfolio's total value and then add up these weighted betas.
The formula for calculating the beta of a portfolio is:
Beta of portfolio = (Weight of stock A in portfolio * Beta of stock A) + (Weight of stock B in portfolio * Beta of stock B)
In this case, the weight of stock A in the portfolio is $75,000 / ($75,000 + $25,000) = 0.75,
The weight of stock B in the portfolio is $25,000 / ($75,000 + $25,000) = 0.25.
Plugging these values into the formula above, we get:
Beta of portfolio = (0.75 * 2.00) + (0.25 * 1.00) = 1.50
So the beta of the portfolio is 1.50. This means that the portfolio is expected to be more volatile than the market as a whole, since the market beta is 1.00.
A beta greater than 1.00 indicates that the asset or portfolio is more sensitive to market movements than the market as a whole, and therefore has a higher level of risk.
To learn more about portfolio beta refer :
https://brainly.com/question/14986133
#SPJ4
What is the type of research design that allows the research to control the situation?
In order to predict and control phenomena, experimental research is an objective, methodical, and tightly controlled examination.
What is meant by experimental research?Understanding the links between two or more variables through experimental inquiry is a scientific methodology. These sets, which include independent and dependent variables, are put to the test empirically in order to determine the type and degree of a correlation between the variables. Research using two sets of variables is known as experimental research when it is conducted with a scientific methodology. You can measure the changes between the first set and the second set using it as a constant. A good example of an experimental method is quantitative research.The objective of the experimental approach is to offer more conclusive findings on the causal links between the variables in a study hypothesis than what can be obtained via correlational research.To learn more about controlled examination, refer to:
https://brainly.com/question/14541181
#SPJ4
dwain hutcheson is a recent college graduate who found himself in debt as a result of credit card expenditures and in need of dependable transportation. hutcheson recently purchased a used motorcycle from speed cycles. in financing the cycle, hutcheson found that he would be making payments to beneficial corp., a company that deals in poor credit risks and short-term loans. hutcheson was dealing with a:
Hutcheson discovered that in order to finance the cycle, he would have to pay Beneficial Corp., a business that deals with short-term loans and risks with bad credit. Hutcheson was corresponding with a financing firm.
Which of the following is an illustration of a social aspect that affects the choices that consumers make?Examples of social factors include family, social position, and peer groups. Additionally, these factors have an effect on customers' purchase choices. These components demonstrate an ongoing and active intake through which people acquire diverse consumption values.
Depository institutions, also referred to as banks, include commercial banks, savings and loans, and credit unions. These institutions borrow money from depositors and lend it to borrowers. finance companies and additional nondepository institutions rely on alternative funding sources like the market for commercial paper.
To know more about decision making process, refer:
https://brainly.com/question/19901674
#SPJ4
What are 5 types of nonrenewable resources?
There are four major types of nonrenewable resources: oil, natural gas, coal, and nuclear energy.
What is nuclear energy?A type of energy released from an atom's nucleus, which is composed of protons and neutrons, is known as nuclear energy. Fission, which occurs when atom nuclei split into multiple pieces, and fusion, which occurs when nuclei combine, are the two ways in which this source of energy can be created.Nuclear fusion technology is still in the research and development stage, whereas nuclear fission energy is currently used to generate electricity throughout the world.Utilizing nuclear reactions to generate electricity is known as nuclear power. Nuclear fission, nuclear decay, and nuclear fusion reactions can all produce nuclear energy. Currently, nuclear power plants use the fission of uranium and plutonium to generate the vast majority of the world's electricity from nuclear sources.
To learn more about protons and neutrons refer to:
https://brainly.com/question/12748782
#SPJ4
What are the 4 features of a blockchain?
The features of blockchain are Decentralization, cryptography, ledger and consensus
Blockchain technology is a decentralized ledger keeping track of digital transactions across network. It has a secure record of each transaction that is constantly expanding as new blocks are added to it. The features of blockchain are -
Blockchains are decentralized, meaning they are not under the authority of a single organisation. Instead, it is kept up-to-date by a network of users who adhere to rules for adding new transactions to the database and who each have access to a copy of the database.Blockchain secures data in the database by using cryptography, or odes and algorithm application. Each transaction is encrypted and given a special code to identify it. The previous transaction in the database is then hashed, forming a chain of transactions protected by cryptography.A blockchain is a distributed ledger, meaning that it is kept on numerous computers or network nodes as opposed to being kept in a single location. As a result, it is challenging to change or tamper with the database's data. A consensus mechanism is a system of guidelines that network users use to agree on which transactions should be added to the database. This makes it easier to guarantee the accuracy and dependability of the data in the database.Read more about blockchain on:
https://brainly.com/question/29235992
#SPJ4
1. Identify the true statement regarding budgets: A. The most common length of time for a budget is 18 months. B. The budget development process for the coming year usually starts several weeks before the current year-end. C. Another term for the bottom-up budget development approach is "participative budgeting". D. The majority of small businesses (500 employees or less) do prepare annual budgets.
2. Master budgets: A. Contains two classes of budgets-operating and financial budgets. B. Is a set of interrelated individual budgets that constitute a plan of action for a specified time period. C. The term "budget" is actually a shorthand term for a company's "master budget. D. All of the above statements are true regarding master budgets.
3. Identify the item that would not appear on a cash budget: A. Income tax expense B. Depreciation expense C. Payments for material purchases D. Cash dividends
4
. Identify the false statement regarding the production budget: A. A realistic estimate of ending inventory is essential in scheduling production requirements. B. Will show the number of units of a product to produce in order to meet anticipated sales. C. Is prepared before the Selling and Administrative Expense Budget. D. Is calculated by taking the Budgeted COGS + Desired Ending Finished Goods Units - Beginning Finished Goods Units.
5
. A company reports the following information from its sales account and sales budget: Sales May June $852,000 47,000 Expected Sales: July August September 845,000 55,000 60,000 Cash sales are normally 30% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is: A. $56,500 B. $60,000 C. $55,000 D. $58,500
1) This is a true statement about budgets: (C) Another term for the bottom-up budget development approach is “participative budgeting”.
2) (D) All of the statements are true regarding Master Budget.
3) The item that wouldn't be included in a cash budget is (B) Depreciation expense
4) The production budget misrepresentation is that (D) Is calculated by taking the Budgeted COGS + Desired Ending Finished Goods Units - Beginning Finished Goods Units.
5) The total amount of money that customers are anticipated to pay in cash in September is (B) $60,000
1) Here option (C) is correct because department managers are given a role in creating their own budgets, the bottom-up budget generation approach is also known as participative budgeting.
2) Here option (D) is correct because the aforementioned claims are all accurate. The operating budget and the finance budget both have lower-level budgets that are included in the master budget. The term "master budget," which refers to all lower-level budgets within an institution, is quite inclusive.
3) Here option (B) is correct because Depreciation expense because it doesn't require a financial investment.
4) Here option (D) is correct because Budgeted Sales Units - Opening Stock of Finished Goods + Closing Stock of Finished Goods equals the production budget.
5) Here option (B) is correct because The entire sales value received from the sales budget is used to calculate the anticipated cash collection. The percentage of sales that are anticipated to be collected in the current and next periods is estimated by management.
To know more budget, refer to this link:
https://brainly.com/question/18803390
#SPJ4
rollincoast incorporated issued bbb bonds two years ago that provided a yield to maturity of 11.5 percent. long-term risk-free government bonds were yielding 8.7 percent at that time. the current risk premium on bbb bonds versus government bonds is half what it was two years ago. if the risk-free long-term governments are currently yielding 7.8 percent, then at what rate should rollincoast expect to issue new bonds?
9.2 % is the rate should rollincoast expect to issue new bonds.
How do you calculate yield percentage?The discrepancy between the quantity of product actually produced and the maximum calculated yield is known as the percentage yield. The formula for percentage yield is the experimental yield divided by the theoretical yield multiplied by 100. If the actual and theoretical yields are equal, the percent yield is 100%.The 1996 version of Vogel's Textbook states that yields close to 100% are referred to as quantitative, yields over 90% are referred to as excellent, yields over 80% are very good, yields over 70% are good, yields over 50% are decent, and yields under 40% are referred to as bad.The formula percent yield = actual yield/theoretical yield x 100 is used to calculate yield percentage.Learn more about yield percentage refer to :
https://brainly.com/question/14714924
#SPJ4
What are 3 good reasons to have a savings account?
The three good reasons to have a savings account are :
1. To have money set aside for emergencies.
2. To save for a major purchase.
3. To build wealth.
Having a savings account can help ensure that you have money available to you when unexpected costs arise. A savings account can help you save up for larger purchases that may require more money than you have available at the moment. By regularly adding money to a savings account, you can build wealth over time and have access to a large sum of money when you need it. This can be a great way to help you achieve financial stability and security. A savings account can also be used as a way to earn interest on your money, allowing you to grow your savings with minimal effort. It can also be beneficial to have a separate account for retirement savings, as this can help you save for the future without having to worry about dipping into it in the short term. Having a savings account can be a great tool to help you achieve your financial goals and give you peace of mind knowing that you have a secure source of funds.
To know more about savings accounts refer to the link brainly.com/question/3811440
#SPJ4
The __________ is the difference between an organization's observed and desired performance.
Select one:
a.
issue delta
b.
objective
c.
performance gap
d.
risk assessment
The performance gap is the difference between an organization's observed and desired performance.
A performance gap is considered to be the difference between an employee's current performance and their desired performance. So, it can be said that an employee has a performance gap when they have to perform a certain task in their role.
However, an organization tend to have observed and desired performance. Thus, there is a way to establish whether there is a performance gap in your company is by carrying out a performance gap analysis. It can be seen that the performance gaps cause employees in order to underperform.
Hence, option C is correct.
To learn more about the performance gap here:
https://brainly.com/question/10579961
#SPJ4
A business that accepts payments by credit and debit cards A. almost always pays a fee to the processor to cover the processing costs B. is usually unable to attract more customers C. generally receives proceeds from credit and debit card transactions 30-45 days after the sale D. must check each customer's credit rating
Answer:
HOPE THIS HELPS
Explanation:
A. it's almost always pays a fee to the processor to cover the processing costs.
true or false? making the steps of your sales process buyer-centric can be as simple as changing their names a little bit.
Making the steps of your sales process buyer-centric can be as simple as changing their names a little bit. - True
Focusing on the needs and interests of the consumer rather than just trying to sell them a product includes making the sales process buyer-centric. It can be accomplished by changing the phase names in a sales process to represent the viewpoint of the buyer. The business can refer to the initial phase as prospecting rather than finding potential clients. This makes it easier to hunt for people who could benefit from what the business offers rather than just finding people to sell to.
The sales process can also include understanding the consumer's wants and pain points. it is essential for the firm to understand what the buyer is looking for and how their product can help solve their problems. The firm can also offer value to the buyer through education, advice, and other resources that can help them make an informed decision.
Read more about the sales process on:
https://brainly.com/question/7476176
#SPJ4
Darren is purchasing a car that costs $12,000. He is taking out a simple interest loan at an annual rate of 3%. If he makes monthly payments over a period of 3 years, how much is his monthly payment?.
Option A. $363.33, Darren's monthly payment is $363.33 based on the cost of the car and the simple interest loan amount.
First, find the simple interest on the loan:
= 12,000 x 3% x 3 years
= $1,080
The total amount to be repaid:
= 1,080 + 12,000
= $13,080
The monthly payment is:
= 13,080 / (12 x 3 years)
= $363.33
Darren is purchasing a car that costs $12,000. He is taking out a simple interest loan at an annual rate of 3%. If he makes monthly payments over a period of 3 years, how much is his monthly payment?
A. $363.33
B. $349.12
C. $333.33
D. $296.13
To learn more about loan amount please click on below link
https://brainly.com/question/23671086
#SPJ4
federated holdings recently issued $90 par-value preferred stock that pays a 7% dividend rate per year. you estimate that the stock has a required rate of return of 17%. what is the intrinsic value of this preferred stock?
The intrinsic value of this preferred stock is $37.06
What is Preferred stock?The company's preferred stock is a hybrid instrument with characteristics of both equity and debt.
According to information supplied by Federated Holdings:
Par value of the preferred stock = $90
Annual dividend rate = 7%
Required return, Kp = 17%
Computation:
Finding the yearly dividends per share is the first step.
Annual dividend per share = Par value of preferred stock * Annual dividend rate
Annual dividend per share = $90 * 7%
Annual dividend per share = $6.30
The intrinsic share value must then be determined.
Intrinsic share value = Annual dividend per share / Required return on preferred stock
Intrinsic share value = $6.30 / 17%
Intrinsic share value = $37.06
To know more about Preferred stock, visit:
https://brainly.com/question/18068539
#SPJ4
in the basic eoq model, if d = 60 per month, s = $12, and h = $10 per unit per month, eoq is: ____.
In the fundamental EOQ model, the EOQ is 12 if D = 60 per month, S = $12, and H = $10 per unit each month.
To determine the economic order quantity, use this formula (EOQ)
D= 60 per month
S =$12
H = $10 per unit
Let plug in the formula
Economic order quantity (EOQ) = √2×60 ×12/10
Economic order quantity (EOQ) =√1,440/10
Economic order quantity (EOQ) =√144
Economic order quantity (EOQ) =12
Economic order quantity (EOQ) is equal to 2DS.
The ideal order amount a business should place for its inventory is called the economic order quantity. The order quantity that minimizes the overall holding cost and ordering cost is this one.
Economic order quantity (EOQ) calculations are used by businesses to establish their ideal order size, allowing them to meet demand without going overboard. Inventory managers compute EOQ in order to lower holding costs and surplus inventory.
Learn more about Economic order quantity visit :
brainly.com/question/26814787
#SPJ4
dorothy, age 73, is single. she has one granddaughter who is 16 years old. dorothy wants to help fund the granddaughter's college education. if dorothy decides to open a section 529 plan for her granddaughter, what is the maximum amount dorothy can contribute to the plan in 2022 without making a taxable gift, assuming she has made no prior gifts to the granddaughter?
The maximum amount Dorothy can contribute to the plan in 2022 without making a taxable gift, assuming she has made no prior gifts to the granddaughter, is $75,000.
Dorothy can contribute up to $75,000 to the Section 529 plan without making a taxable contribution in 2020.
In order to spread large contributions to the 529 plan over one year or more, donors must submit a Form 709 Gift Tax Return and check a box specifically choosing to spread their contributions over one year. I have.
If a taxable gift to someone requires a Form 709, the giver must also document the use of the annual gift tax exemption for her large 529 donations in subsequent years.
On the other hand, a gift tax return is not required to document only the use of the annual gift tax credit amount for that year if there is no other reason to file a gift tax return for the remaining year's gift.
To learn more about taxable gift, here:
https://brainly.com/question/28640464
#SPJ4
What is the wealth gap caused by?
Income inequality, housing policies, limited educational opportunities, and a lack of support structures causes wealth gap .
The stark disparity between the wealthy, who controlled a third of all wealth, and the poor, who had no savings at all, contributed to the Great Depression. Many people lost their fortunes as the economy deteriorated, and some members of high society were pressured to scale back their opulent lifestyles.
Private property can be passed down from one generation to another, which is another feature of capitalism. As a result, those who inherit money can live comfortably even without working hard. The best private education and careers are available to them. Both inequality of opportunity and inequality of outcome are produced as a result.
To know more about wealth gap visit :
https://brainly.com/question/29552202
#SPJ4