Answer all:

a) An optional return for rights or things is only available to salaried individuals.

b) Henry must file a return for rights or things by the later of: i) one year following Adam's death and ii) 90 days after the Canada Revenue Agency mails a Notice of Assessment.

c) Henry can include the unpaid dividends on the rights or things return but, he cannot include the unpaid commission income.

d) Henry can split Adam's rights or things between his final return and his rights or things return.

Sharon and Ward have been divorced for three years. By court order, Ward must pay Sharon child support in the amount of $639 per month for their two children plus, spousal support of $400 per month. If Ward has made all of the required payments for the year, what statement regarding the tax implications of this arrangement is true?

a) Sharon must include $12,468 as part of her total income.

b) Sharon must include $7,668 as part of her total income.

c) Ward can deduct $7,668 from his total income.

d) Ward can deduct $4,800 from his total income.

The average salary for first year employees and tenured employees at a certain university working in the fields of physics, chemistry, and astronomy are shown in the table below. Salaries are given in thousands of dollars pir your Physics Chemistry Astronomy First-year Salary 95 Tenured Salary 135 (0) Make a comparative bar chart for these data. 350 350 350 300 300 300 250 250 250 200 200 200 Average Salary (thousand $ Average Salary (thousand $1 Average Salary (thousand : 150 150 150 100 100 100 50 50 .IJ Ist ytenured Ist pitenured Ist yitenured Is ytenured IM penured Ist pitenured Is y Femured Ist ytenured Ist pitenured Physics Chemistry Astronomy )O Physics Chemistry Astronomy TO Physics Chemistry Astronomy 350 300 250 200 Average Salary Chousand $ 150 100 50 Im yitenured Ist pitenured ist yifenured Physics Chemistry Astronomy O (b] What is the difference in salaries (in thousands of dollars] for a tenured versus a first-year employee working in chemistry? 145 * thousand dollarsParagraph USD/JPY Spot 106.68 Forwards 1 month -25.1 2 months -48.1 3 months -108.3 6 months -206.5 1 year -505.1 USD/CAD Spot 1.1231 Forwards 1 month 9.9 2 months 19.6 3 months 27 9 6 months 54.4 12 months 102 2 a4. All goods in an economy are classified as agriculture (good 1) and manufacturing (good 2). These data are available for a country in the cases of autarky and of free trade. Price at Exports Imports Production Production autarky under free under free under under free trade trade autarky trade good 1 2 100 20 300 320 good 2 10 20 50 150 140 Calculate the gains from free trade, as the change to the welfare from autarky to free trade evaluated at autarky prices. Report the gains from free trade as a percentage of initial GDP (ie. total expenditures at autarky).D Question 5 4 pts The company has a $150,000 liability at December 31, 2021, of which $30,000 of it is payable in 2022. In its December 31, 2021 balance sheet, the company reports the $150,000 debt as a: $120,000 current liability and a $30,000 long-term liability in the balance sheet. $150,000 current liability in the balance sheet. $150,000 long-term liability in the balance sheet. $30,000 current liability and a $120,000 long-term liability in the balance sheet