Hank Is a U

question 118

Multiple Choice

Hank is a U.S.citizen and is doing a three- to six-year assignment as a sales executive in Paris for a French company.The assignment began this year.Hank earned $109,500 working for the French company this year but only lived in France for 180 days (out of 365 days) .He will live full time in France next year.What amount of Hank's $109,500 salary this year will he be allowed to exclude from gross income in the United States (rounded to the nearest hundred dollars) ?

• A)Hank can exclude his entire salary because he worked more than 330 days overseas.
• B)$102,000
• C)$52,200
• D)$105,900
• E)None of his salary can be excluded from gross income because Hank must reside overseas for the entire year.

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Definitions:

Sample Mean

The average of a sample set of numbers, calculated by adding up all the numbers and dividing by the count of numbers in the set.

Sample Mean

The average value of a sample set of numbers.

Freshmen

First-year students in a secondary or post-secondary educational institution.

Probability

The evaluation of how probable an event is, shown as a numerical value between 0 and 1, where 0 stands for the event being impossible and 1 representing absolute certainty of the event occurring.