Marie had a good year. she received the following prizes and awards: - an ipad from the famous daytime talk show with a fair market value of $500 - lottery winnings of $1,000 received in cash - a plaque worth $25 plus $100 of godiva chocolate in recognition for 100 days on the job without an accident - a $10,000 cash prize from american idol how much of her prizes and awards should marie report on her tax return?

a. none, they are all excluded from income
b.$11,000; only cash prizes and awards are included
c.$11,500; the award from her job is excluded
d.$11,700; the plaque may be excluded
e.$11,725; everything is included at the highest amount

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.