Alice Grim's regular tax is $225,130, AMT is $258,514, and total tax liability is $258,514 due to high deductions.
Alice Grim has a taxable income of $719,000, which includes a capital gain of $240,000 that is taxed at 20%, resulting in $48,000 of capital gain tax. Her remaining taxable income is $479,000, and her regular tax on this amount is $177,130, calculated at a 37% tax rate. Her total regular tax liability, therefore, is $225,130. Alice's alternative minimum taxable income (AMTI) is $937,400, exceeding her exemption amount, resulting in an AMT of $258,514. Since the AMT is higher than her regular tax, Alice's total tax liability is $258,514. It's worth noting that the AMT is higher due to Alice's high deductions, which is a common scenario for taxpayers with high deductions.
learn more about capital gain tax here:
https://brainly.com/question/24228835
#SPJ11
What statement best describes good interview preparation?
1) An applicant should arrive at least an hour before the interview starts.
2) An applicant should discuss personal hobbies as much as possible in an interview.
3) An applicant should be well-dressed for an interview.
4) An applicant should make personal job demands known in an interview.
Answer:
I think it is the 3rd one.
Explanation:
Sorry if this wrong. I'm only in 5th grade
Answer: the answer is c
Explanation:
Select all that apply.
Which of these are true of a natural pause following a conversation?
You should begin speaking to avoid awkwardness.
You should not panic.
Take a moment to collect your thoughts before you speak.
Conversations that end with a pause went poorly.
Answer:
You should not panic
AND
Take a moment to collect your thoughts before you speak.
Explanation:
Hope this helps!
what do limited partners in a business give up ? why ?
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
To learn more about overhead rate
https://brainly.com/question/29583640
#SPJ4
Give me 3 websites that sell legit sneakers (Jordans, Nike), for a cheap price.
Places other than Footlocker, Champs, Nike, FinishLine, Mercari, Goat, Stockx, Eastbay, and eBay!
Answer:
Explanation:
The 3 Best Places Online to Find Authentic Jordans on Salehttps://www.bradsdeals.com › cheap-jordans-for-sale
Jul 16, 2020 — Ever since Michael Jordan began slam-dunking from the free throw line in the 80s, his shoes have succeeded wildly as one of the most coveted ...
One of the core conceptual models we have considered this semester is Butler’s Destination Lifecycle. With reference to a tourism destination of your choice describe two reasons why it is sometimes difficult to determine a critical carrying capacity threshold.
However, the concept of carrying capacity is not always well defined or well understood. Some researchers define carrying capacity as the number of tourists that a destination can accommodate without causing environmental degradation,
One of the core conceptual models that are considered in tourism is Butler’s Destination Lifecycle. In relation to a tourism destination of your choice, there are two reasons why it is sometimes difficult to determine a critical carrying capacity threshold. These reasons are conceptual.The first reason is that carrying capacity is a conceptual term that is often difficult to determine. The carrying capacity of a destination depends on a range of factors such as the characteristics of the destination, the type of tourists that visit, and the tourist’s behavior. It is often difficult to determine the carrying capacity of a destination because of the complexity of these factors. The carrying capacity of a destination is not fixed; it can change over time due to changes in the destination’s environment.The second reason why it is sometimes difficult to determine a critical carrying capacity threshold is that carrying capacity is sometimes difficult to describe.
learn more about accommodate here;
https://brainly.com/question/14215090?
#SPJ11
Based on the Management in Action case, authority at Wells Fargo was ______before CEO Scharf and became more ______ after he took over. Multiple Choice a. decentralized; centralized b. centralized; decentralized c. centralized; horizontal d. decentralized; horizontal
Answer:
Explanation:
Based on the Management in Action case, authority at Wells Fargo was centralized before CEO Scharf and became more decentralized after he took over. Therefore, option (a) decentralized; centralized is correct.
Cash shortages or overages are recorded in the
A. cash payments journal.
B. cash receipts journal.
C. general journal.
D. A and B
Answer:
A. cash payments journal
Explanation:
Cash shortages or overages are recorded in the cash payments journal.
At what age can you start working?
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Please help!
Questions below!
1. Players in Game B would likely rate their game as more fair than Game A, since the starting wealth and salaries are more evenly distributed.
What is Game?Game is a form of activity that involves competing for entertainment, often with a set of rules and goals. It is usually thought of as an activity involving physical or mental skill. Games are often used as a form of entertainment, as well as a way to learn or practice skills, often in a competitive environment. Examples of popular games include board games, card games, dice games, outdoor sports, computer and video games, and many more.
2. The middle class players would likely rate the game as most fair since they have the highest salary and the most balanced starting wealth in both games.
3. The upper class players are likely to cheat the most since they have the most wealth and the highest salaries in both games.
4. Game B gives players the most opportunity for success since the starting wealth and salaries are more evenly distributed, giving everyone a better chance at success.
To learn more about Game
https://brainly.com/question/30261125
#SPJ1
What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
Learn more about Bank Statement here:
https://brainly.com/question/22786262
#SPJ2
james has a job with a current salary of $42,000. he wants to earn a college degree that will take him 2 years to complete and it will cost $28,000 per year
James's college degree will cost him a total of $56,000 over 2 years. The total cost for James to complete the college degree would be $56,000.
James plans to pursue a college degree that takes 2 years to complete. The cost of the degree program is $28,000 per year. Multiplying the annual cost by the number of years gives us the total cost. Therefore, James will need to pay a total of $56,000 to complete his college degree over the course of 2 years.
If James wants to earn a college degree that will take him 2 years to complete and costs $28,000 per year, here is the calculation for the total cost:
Total Cost = Cost per year × Number of years
Total Cost = $28,000 × 2
Total Cost = $56,000
Therefore, the total cost for James to complete the college degree would be $56,000.
learn more about cost here:
https://brainly.com/question/14566816
#SPJ11
Tyler is a recent college graduate that has a large private student loan debt. He is
single with no children. He wishes to get some cheap life insurance that will pay off
the debts in case he passes away. Which life insurance policy will fit his needs
best?
A. Term policy
B. Neither
C. Debt policy
D. Permanent policy
Answer: Term Policy
Explanation:
Term policy life insurance policy will fit his needs best. Thus, the correct option is A.
What is insurance?Insurance is a contract between an individual or organization (the policyholder) and an insurance company (the insurer) that provides financial protection against certain types of risks or losses.
The policyholder pays premiums to the insurer, and in exchange, the insurer agrees to pay out benefits or compensation in the event of covered losses or damages.
Insurance works on the principle of risk pooling, which means that the premiums paid by all policyholders are pooled together to cover the losses of the few who experience them.
This allows individuals and organizations to transfer the financial risks of certain events to the insurer, which helps to mitigate the impact of those events on their finances.
Learn more about insurance, here
https://brainly.com/question/27822778
#SPJ5
Good, Service or Idea: Tutoring someone in math
a Good
bService
C.Idea
What are the job roles on offer in the picture?
Will be grateful for any replies, thanks!
Answer:developer and a program assistant
Explanation:
suppose disposable income increases by $2,000 . as a result, consumption increases by $1,500 . answer the questions based on this information. where appropriate, enter your answer as a decimal rather than as a percentage. the increase in savings resulting directly from this change in income is:________
This change in income has a direct $500 impact on savings. The MPS is 0.25 while the MPC is 0.75.
What occurs when disposable income rises?Together, rising disposable income gives households more money to either save or spend, which inevitably fuels rising consumption. One of the key factors affecting demand is consumer spending; it generates the demand that enables businesses to remain successful and add new employees.
What happens when disposable income increases?When disposable income rises, consumption increases and saving rates decline. The marginal propensity to consume is calculated by dividing the change in consumption by the change in income.
To know more about disposable income visit:
https://brainly.com/question/1810376
#SPJ1
Discuss how social media has affected small businesses at all stages of their development, such as financing, marketing, and communications.
Social media has had a huge impact on small businesses at all stages of their development. It has allowed them to reach a much larger audience than ever before, and to engage with customers in a more direct and personal way.
What impact has social media had on small businesses?Social networking is helping small businesses succeed. Small businesses now have a way to engage with clients and spread the word about their goods thanks to the new platform. Additionally, it has enabled tiny firms create an odd brand character within their target market.
At every step of their growth, small businesses have had a significant effect from social media. They are now able to interact with customers in a more direct and intimate manner and reach a far broader audience than ever before thanks to it. Additionally, it has helped them develop relationships with future clients and develop a more distinctive brand. Additionally, it has enabled them to more effectively market their goods and services, and
Learn more about Social media at:
https://brainly.com/question/3653791
#SPJ1
The total cost (in dollars) for a company to manufacture and sell xx items per week is C=60x+60, whereas the revenue brought in by selling all x items is R=84x−0.3x2. How many items must be sold to obtain a weekly profit of $300?
To achieve a weekly profit of $300, the company must sell 60 items. This is determined by solving the profit equation, considering the cost and revenue functions provided in the problem statement.
To find the number of items that must be sold to obtain a weekly profit of $300, we need to calculate the profit function and then solve for the corresponding value of x.
The profit (P) is given by subtracting the cost (C) from the revenue (R)
P = R - C
Substituting the given expressions for revenue and cost
P = (84x - 0.3x²) - (60x + 60)
P = 84x - 0.3x² - 60x - 60
P = -0.3x² + 24x - 60
We want the profit to be $300, so we set P equal to 300:
-0.3x² + 24x - 60 = 300
Rearranging the equation and setting it equal to zero
-0.3x² + 24x - 360 = 0
Now, we can solve this quadratic equation using factoring, completing the square, or the quadratic formula. Let's use the quadratic formula:
x = (-b ± √(b² - 4ac)) / (2a)
For our equation, a = -0.3, b = 24, and c = -360. Plugging these values into the formula
x = (-(24) ± √((24)² - 4(-0.3)(-360))) / (2(-0.3))
Simplifying further
x = (-24 ± √(576 - 432)) / (-0.6)
x = (-24 ± √144) / (-0.6)
x = (-24 ± 12) / (-0.6)
This gives us two possible solutions
x = (-24 + 12) / (-0.6) = -12 / (-0.6) = 20
x = (-24 - 12) / (-0.6) = -36 / (-0.6) = 60
Since we are interested in the number of items sold, we take the positive value, x = 60.
Therefore, to obtain a weekly profit of $300, the company must sell 60 items.
To know more about profit:
https://brainly.com/question/29987711
#SPJ4
QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?
a. The value of L is 7.5 and the maximum output is 22.5.
b. The value of L is 7.5 and maximum marginal product is 0.
c. There is no value of L.
What is the value of L?a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:
\(Q = 6L - 0.4L^2\)
Taking derivative with respect to L:
dQ/dL = 6 - 0.8L
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The value of L that maximizes output is 7.5 and maximum output (Q) will be:
\(Q = 6(7.5) - 0.4(7.5)^2\)
Q = 45 - 0.4(56.25)
Q = 45 - 22.5
Q = 22.5
To get value of L that maximizes marginal product (MP), we have to differentiate function:
MP = dQ/dL = 6 - 0.8L
Setting MP = 0:
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The maximum marginal product is computed by substituting value into function:
MP = 6 - 0.8(7.5)
MP = 6 - 6
MP = 0
c. To find the value of L that maximizes average product (AP):
AP = Q / L = (6L - 0.4L^2) / L
Simplifying:
AP = 6 - 0.4L
Taking derivative:
dAP/dL = -0.4
Read more about production function
brainly.com/question/30465601
#SPJ1
why do business need funding
Which of the following affects employers’ decisions on how much to pay their workers? Maximizing costs
Maximizing profits
Minimizing profits
Minimizing benefits
What affects employers’ decisions on how much to pay their workers is : Maximizing profits.
What is profit maximization?Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them to maximize profit.
Every company or organization goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.
Profit maximization is important as it can tend to lead to sustainable growth for companies which is why most companies make use of profit maximization strategy so as to make higher profit.
Therefore what affects employers’ decisions on how much to pay their workers is : Maximizing profits.
Learn more about Profit maximization here:https://brainly.com/question/15969466
https://brainly.com/question/4171648
#SPJ1
xetci u popping up everywhere.
Question :Which statement best describes displacement? Check all that apply
Answer:2 , 3 5
Answer:
2
Explanation:
thats my guess
which of these would be considered a bank liability? i. $5,000 in cash reserves held in the bank's vault ii. $15,000 loan made to a customer to finance a new car iii. $20,000 deposit made by a customer into her savings account group of answer choices i only iii only ii only ii and iii
The option that will be considered a bank liability is $20,000 deposit made by a customer into her savings account.
Therefore, option B (iii only) is the correct answer.
What is Bank Liability?A debt or financial responsibility of the bank is referred to as a "bank liability," such as interest due to other banks and other debts payable. You can categorize assets and liabilities as current or noncurrent. It is anticipated that present assets will add value in the near future.
Therefore, whenever a customer deposits money in a bank, the bank becomes accountable to that consumer since bank liabilities are the debts that a bank incurs and what a bank owes.
Learn more about bank liability here: https://brainly.com/question/12939902
#SPJ1
Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capacity. The contribution margin from the dinners would amount to $3,000 annually. Required: a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies?
Answer:
$900
Explanation:
The computation of the total cost for both making and buying the cookies is given below:
But before that the variable cost per unit is
= (Cost of goods sold - fixed cost) ÷ (sales units)
= ($13,500 - $4,500) ÷ ($180,000 ÷ 6)
= $3
now the total cost is
= 300 × $3
= $900
What are two similarities between Mixed economy and Traditional economy?
Help please!
Answer:
where the production and distribution of goods is based on custom and cultural traditionsExplanation: because
A supply partnership refers to Multiple Choice an arrangement a manufacturer makes with a reseller to handle only its products and not those of competitors. a supplier that requires a buyer purchasing some products from it to also buy others. the illegal practice of refusing to purchase a seller's products unless the seller agrees not to purchase that product or any similar products from any other buyer. a relationship that exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost of or increasing the value of products and services delivered to the ultimate consumer. the practice whereby a seller requires the purchaser of one product to also buy another item in the line.
Answer:
a relationship that exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost of or increasing the value of products and services delivered to the ultimate consumer.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle on which supply chain management is based, is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
A supply partnership refers to a relationship that exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost of or increasing the value of products and services delivered to the ultimate consumer.
Hence, to select a potential supplier-partner, the buyer should consider both hard and soft factors with an eye toward long-term outcomes. The hard factors comprises of equipment, product, technology, and raw materials used in the manufacturing process while the soft factors are work methods, organizational style and structure, labor or workforce, organizational procedures and policies.
The way you spend your time and energy is your _____.
PLS DONT GUSS:(
career
lifestyle
occupation
leisure time
Answer:
Lifestyle
Explanation:
Because your lifestyle contains all of those things, it's the way you live your life and what you're both made to do and choose to do!
Answer:
Lifestyle
Explanation:
Your lifestyle is how you spend your time, energy, and resources
You are required to design an inventory management on manufacturing 1200 units of inventories (products) in TWO (2) stages (life cycle) including the forecasting of the duration or time required and the total production cost (Direct materials (DM), Direct Labor (DL), Direct expenses (DE) and Overhead expenses (OH).
Prepare a columnar table showing the forecasted (standard) and actual costs having at least two favorable in stage 1 (DM & DL) and 2 (DE & OH) adverse variances.
Explain the possible reasons for the variances in the point no.5 in the requirements for the project. (Actual production days is 30 same as forecasted).
Standard Production (Budgeted for whole project) Cost per unit are as follows: -
Cost elements (Total for 2 stages)
$
1
Direct Material
50
2
Direct labor
20
3
Direct Expenses
20
4
Overhead
10
In the inventory management process, the variance analysis assists in identifying the reasons for variations and making decisions that will help reduce these variations in future inventory management projects.
Inventory management is an approach that enables you to manage the flow of goods within an organization. In this process, organizations can forecast the duration and costs of production. The following is a table that shows the forecasted and actual costs and the possible reasons for the variances in the project:
Cost Elements Standard Production (Budgeted for whole project) Cost per Unit ($) Total for 2 Stages ($) Forecasted Cost ($) Actual Cost ($) Variance ($) Reason for VarianceDirect Material 50 60,000 60,000 72,000 12,000 Favorable Savings from bulk purchasingDirect Labor 20 24,000 24,000 20,000 4,000 Favorable Improved labor productivity
Direct Expenses 20 24,000 24,000 28,000 4,000 Adverse Increased costs of raw materialsOverhead 10 12,000 12,000 12,000 - No variance - Total 120 120,000 120,000 132,000 20,000 Favorable Improved efficiency possible; overhead is constant (no variance)Reasons for VarianceDirect Material: There is a favorable variance in DM.
The savings were due to bulk purchasing, as materials are usually cheaper when bought in large quantities.Direct Labor: The favorable variance in DL was due to improved labor productivity, indicating that employees worked more efficiently.Direct Expenses: There is an adverse variance in DE. This can be explained by the increased costs of raw materials, which could be due to inflation or market fluctuations.Overhead: No variance in overhead since it is constant (no change in cost).
Therefore, in the inventory management process, the variance analysis assists in identifying the reasons for variations and making decisions that will help reduce these variations in future inventory management projects.
Know more about inventory management here,
https://brainly.com/question/31852040
#SPJ11