Answers
For Form W-4 Dated 2020 or Later, Additional Income Affects An Employee's Federal Tax Withholding
Differences between federal and state taxes:
State income taxes are gathered by the particular state(s) where a taxpayer resides and derives income, whereas federal income taxes are gathered by the federal government. (It can be challenging if you work in one state but live in another, which was more common during the pandemic.)
Who must pay federal income taxes?
Income taxes are levied on several types of income, including wages and salaries, investment income, and others. Payroll taxes, the second-largest source of government income and approximately one-third of all annual receipts, fund Social Security, Medicare, and unemployment insurance payments.
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Related Questions
The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
Answers
Economics exists the study of scarcity and its implications for the use of resources, production of goods and services, development of production and welfare over the period, and a great variety of other complicated problems of vital concern to society.
What is Economics?
Economics exists the study of scarcity and its implications for the use of resources, production of goods and services, development of production and welfare over the period, and a great variety of other complicated problems of vital concern to society. Economics exists as the social science that analyzes the production, distribution, and consumption of goods and services. Economics concentrates on the behavior and interactions of economic representatives and how economies work.
The second statement best characterizes why economies create these decisions because the resources exist scarce and therefore the economies must create a suitable decision to make sure that the resources exist sustainable.
An economy exists as a place of production, distribution, and trade, as well as the consumption of goods and services. In general, it is described as a social domain that accentuates the practices, discourses, and material expressions associated with the production, usage, and administration of scarce resources.
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suppose you invested 10000 in this group of mutual funds and diversified the investment by placing 2000 in domestic equity funds, 4000 in international equity funds, 3000 in specialty stock funds, and 1000 in hybrid funds. What is the expected return on the portfolio?
Answers
Average Weight = 7.8156643
Expected Return on the Portfolio = $122,730
Type of Fund No of fund(a) total return%(b)
Domestic Equity 9191 4.65
International Equity 2621 18.15
Specialty Stock 1419 11.36
Hybrid 2900 6.75
A) Average Weight =
Σa.b /Σa = (9191 * 4.65) + (2621 * 18.15) + (1419 * 11.36) + (2900 * 6.75) / (9191 + 2612 + 1419 + 2900)
= 126004.14 / 16122
Average Weight = 7.8156643
B) Using the number of funds as a weight presents a problem because it considers the cost of funds rather than their value. As a result, the higher the cost, the greater the return. A better weight parameter would have been the value of funds.
C) Expected Return on the Portfolio =
Σ (p)*(x) = (2000*4.65) + (4000*18.15) + (3000*11.36) + (1000*6.75)
Expected Return on the Portfolio = $122,730
By multiplying the weight of each asset by its expected return, the expected return is calculated. Then add the values for each investment to get your portfolio's total expected return.
As a result, the formula:
Expected Portfolio Return = (Asset 1 Weight x Expected Return) + (Asset 2 Weight x Expected Return)...
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The complete question is -
Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds (Morningstar Funds500, 2008).
Type of Fund
Domestic Equity
International Equity
Specialty Stock
Hybrid Number of Funds
9191
2621
1419
2900
Total Return (%)
4.65
18.15
11.36
6.75
a. Using the number of funds as weights, compute the weighted average total return for the mutual funds covered by Morningstar.
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return for Morningstar in part (a)? Discuss. What else might be used for weights?
c. Suppose you had invested $10,000 in mutual funds at the beginning of 2007 and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock funds, and $1000 in Hybrid funds. What is the expected return on the portfolio?
A company reports the following income statement and balance sheet information for the current year:
Net income $424,000 Interest expense 80,000 Average total assets 4,200,000
Determine the return on total assets. (Round percentages to one decimal place.)
______%
Answers
Answer:
10.1%
Explanation:
Given the above information, return on total asset is computed as;
Return on total asset = Net income / Average total assets
Net income = $24,000
Average total assets = $4,200,000
Therefore,
Return on total assets = $424,000 / $4,200,000
Return on total assets = 10.1%
Answer:
10.1%
Explanation:
Determine the return on total assets. (Round percentages to one decimal place.) 10.1%
Using the rule of 72 how many years will it take to double $5,000 earning 4 percent interest
Answers
The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years.
i HOPE IT'S HELPAnswer:
Explanation:
it’s 12 %
Kirk and his family decide it is more reasonable for him to attend the local community college. They want to save for the cost of his first year in the automotive program. The local community college program is expected to be $6,845 per year. Which is the most reasonable goal for Kirk and his family to plan to save?
They should save $225 a month for 2 years.
They should save $200 a month for 3 years.
They should save $100 a month for 4 years .
They should save $75 a month for 5 years.
Answers
a. $225 a month * 2 years * 12 months = 225 * 2 * 12 =
$5400
b. $200 a month * 3 years * 12 months = 200 * 3 * 12 =
$7200
c. $100 a month * 4 years * 12 months = 100 * 4 * 12 =
$4800
d. $75 a month * 5 years * 12 months = 75 * 5 * 12 =
$4500
The most reasonable goal to plan to save would be goal b, because $7200 is more than $6845.
Based on the options provided, Kirk and his family should save $200 per month for 3 years to cover the cost of his first year in the local community college's automotive program. This saving plan will give them more than the cost of the program, providing a cushion for any additional expenses.
Explanation:The local community college's automotive program costs $6,845 per year. If Kirk and his family wanted to save enough for one year of this program, they would have to budget and plan out their savings. To calculate this, they would divide the total cost by the number of months in their saving period.
If they save $225 a month for 2 years (24 months), they would save a total of $5,400 which is not enough to cover the cost. Saving $200 a month for 3 years (36 months) would give them $7,200, more than required. If they save $100 a month for 4 years (48 months), they would save $4,800, which is not enough.Saving $75 a months for 5years (60 months), they would amount to $4,500, also not enough.Therefore, the most reasonable saving goal for Kirk and his family, based on these options, would be to save $200 per month for 3 years. They would have more than enough to cover the program cost and any additional expenses that might occur.
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Incorrect
Question 3
0/5 pts
(01.01 MC)
Tina just completed a science degree and wants to continue on to medical
school. What can she expect?
-Her earnings potential may decrease.
-Her potential expenses may decrease
-Her earnings potential may increase.
-Her potential wants may decrease.
Answers
Answer:
Her earning potential may INCREASE
Explanation:
Tina just completed a science degree and wants to continue to medical school. Her earnings potential may increase. Hence, option C is appropriate.
What is the earnings potential?Earning potential is the phrase used to describe the potential profits that shareholders may realize from holding a company, including dividend payments but also capital growth. In plenty of other words, it displays the most profit that a business may get. The manner of dividends is frequently distributed to investors.
The formula can also be thought of as predicted revenue with fewer expenses equaling profit potential. Gross margin %, also known as the ratio of profit to sales, is a metric that businesses use to assess the profitability of various products.
Let's start with the definition of earning potential (income potential): this is the sum of money you should be able to accumulate throughout a certain period. In other regards, this is a reference to your potential for financial gain.
Hence, option C is correct.
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Some companies do not act responsibly in the marketplace, especially when it comes to fair competition. Fair competition between businesses is necessary for the marketplace to operate effectively. The market economy relies chiefly on market forces to allocate goods, services, and other resources, and to determine prices. some companies they use unethical tactics to eliminate competition.
1.Explain three main unethical practices of businesses that can affect consumers.
2. Highlight the main two Responsibilities towards customers.
Answers
Answer:
A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses. There may be some government intervention or central planning, but usually this term refers to an economy that is more market oriented in general.
How can a companies sales people help with product development?
Answers
A company's sales people can help with product development as they can be a source of ideas. The right answer is B.
Product development, is the process of conceptualising, designing, developing, and selling freshly produced or recently relaunched goods and services. The entire process of creating a product, from conception through market launch, is referred to as product development. Salespeople represent their companies by adding value for the clients of their companies.
They also help by taking charge of relationships, returning to their organisations the knowledge of their markets and customers. Sales provide vital customer and market analysis data for the needs of the product, as well as supplementary data like product feedback and potential improvement suggestions to product development.
The correct answer is option B.
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The question seems incomplete. The complete question is:
How can a company's salespeople help with product development?
A.They do not have a role in product development.
B.They can be a source of ideas.
C.They can sell new products.
D.They can create a prototype.
glenn and haji sign a written contract. glenn claims that the parties later orally agreed to modify it. any oral modification is likely not enforceable if it falls under ____.
Answers
Glenn and Haji exchange a written agreement. Glenn asserts that a later verbal agreement to change it was made by the parties. If the Statute of Frauds applies, any oral amendment is probably unenforceable.
Is a clause that prohibits oral changes enforceable?The parties to the contract may, by their words or conduct, waive contractual rights under the statute, even if the formal agreement contains a no oral amendment clause.
Which oral agreement contravenes the Statute of Frauds and is therefore unenforceable?In their oral agreement, Evan pledges to purchase Zora a chateau in France if she marries him. Due to a breach of the Statute of Frauds, this commitment is not enforceable.
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is sole trader or partnership better?
Answers
Answer:
There are benefits associated with running a partnership, both when compared to a sole trader and a limited company: Shared responsibility. Having more business owners allows the financial and operational responsibility for running the business to be sharedExplanation: The benefit of a partnership over a sole proprietorship is that you'll share the responsibilities, resources, and losses. On the other hand, you also split your profits, and you might face disagreements over how to run the business. One way to mitigate conflict is to create a partnership agreement.
Explain how swot analysis is different from porters 5 forces
Answers
The SWOT analysis looks at both internal (strengths and weaknesses) and external (opportunities and threats) forces, whereas Porter's 5 Forces are solely external elements.
What are some examples and a SWOT analysis?Strengths, Weaknesses, Opportunities, and Threats, or SWOT, is an acronym. Your firm has internal strengths and weaknesses that you can improve and exert some control over. Examples include your team members, your patents and other intellectual property, and where you are.
What are the four components of the SWOT analysis?Strength, Weakness, Opportunity, and Threat is referred to as SWOT. A SWOT analysis helps you to determine the S-W of your firm as well as larger possibilities and threats (O-T). Greater situational awareness is beneficial for both strategic planning and decision-making.
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Why is the soda market considered an oligopoly?
For economics need ASAP
Answers
Answer:
The industry is considered an oligopoly because the firms in this industry produce products that are differentiated. The competition depends on the way the brand of the firms market their products.
Hopefully this helped! :D
-LavenderVye
What are the responsibilities of the chairperson in a meeting and how does this affect group dynamics?
Answers
Answer:
The chairperson might make a speaker's list to keep discussion orderly.
It is important for the chairperson to pay attention to the group dynamics that are just as important and that underpin every discussion, every meeting to make sure the meeting runs effectively and efficiently.
Explanation:
4.3 List two types of capital.
Answers
Answer:
financial and human
When you are looking for a used car, this resource will help you best determine the value of a particular make and model:
Answers
On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:
Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000
Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.
Answers
The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.
The first thing to do is to calculate the average cost of borrowing which will be:
= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000
= ($256000 + $320000) / $9600000
= $576000 / $9600000
= 0.06 = 6%
The average expenditure during the year will be:
= $9600000/2.
= $4800000
The capitalized Interest will be:
= 9% × $2400000
= $216000.
Then, the capitalized Interest for the borrowing will be:
= 6% × $2400000
= $144000
The total capitalized Interest will be:
= $216000 + $144000
= $360,000
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If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answers
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
True or False: There is a government mandated outline that you must use for a business plan.
Answers
It’s false I just answered the question
Which feature provides the capability of setting a form field at a desired location in a form and restricting its movement?
A) Form anchoring
B) Conditional formatting
C) Expression Builder
D) Arrange tables
Answers
Answer:
A
Explanation:
The feature which provides the capability of setting a form field at a desired location in a form and restricting its movement is form anchoring.
What is form anchoring?It is the first piece of information on which maximum number of people relies for taking their decisions.
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if an employee thinks there should be an increase in the minimum wage but doesn't expect the government to pass such legislation, they always have the ability to threaten to quit their job unless they get paid $15 per hour, or whatever amount they believe they should be paid.
Answers
Laws requiring minimum wages lead to higher rates of unemployment, fewer hours worked, and fewer incentives for workers to develop their human capital.
Raising the minimum wage would boost the economy and create jobs. According to the Economic Policy Institute, a $10.10 hourly minimum wage would generate around 85,000 additional employment over a three-year phase-in period and infuse $22.1 billion net into the economy. A minimum wage of Wmin can be imposed above equilibrium, functioning as a floor below which wages can fall, if governments believe that wages in a competitive market like W1 are not high enough for employees to maintain a reasonable standard of living.
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at the best answer for the question
The selling of goods and/or services to a customer is called
A.Service Industry
B.Food Service
C.Purchasing
D.Retail
Answers
Answer:
The correct answer is D. Retail.
Explanation:
Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.
The average job is now only —— years in length
Answers
The average job is now only 2 years in Job.
What is meant by the term average job?This is the term that has to do with the job that employees are willing to do in order to receive pay for the services that that they render to those that have employed them. The average job based on data and statistics gathered has been said to only be of about 2 years for the person that is carrying out the duty.
This means that the average worker can have as m aby other jobs that they want in their lifetime.
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the demand for product x is highly inelastic and the supply of product x is highly elastic. the burden of an excise tax on product x will be borne: group of answer choices by the workers that manufactured product x. by a 50-50 split between the buyers and sellers of product x. primarily by the sellers of product x. primarily by the buyers of product x.
Answers
The demand for product x is highly inelastic and the supply of product x is highly elastic. The burden of an excise tax on product x will be borne primarily by the buyers of product x. Thus, option (d) is correct.
What is product?The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products.
The country's economy was based on demand and supply. Product x has a highly inelastic demand and a highly elastic supply. The buyer bears the cost of the excise tax on product x.
Therefore, option (d) is correct.
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look at the screenshot
a,b, or c
Answers
Answer:
A
Explanation:
i don't know basta A ang napili ko
Question 9 of 10
One way to maintain good credit is to:
A. keep a high debt-to-credit ratio.
B. make numerous applications for credit.
C. lower your balances.
D. open many credit accounts.
SUBMIT
Answers
To maintain good credit, it is important to lower your balances. By keeping your credit card balances low compared to your credit limits, you demonstrate responsible credit management and show lenders that you can manage your debts effectively.
Option C. lower your balances. is correct answer.
To maintain good credit, it is important to adopt responsible financial habits. One way to achieve this is by lowering your balances. Keeping low credit card balances compared to your credit limits demonstrates financial discipline and responsible credit management. This indicates that you are not overly reliant on credit and are able to manage your debts effectively.Lowering your balances helps to keep your credit utilization ratio low, which is the percentage of your available credit that you are currently using. A low credit utilization ratio is seen as favorable by lenders and credit bureaus as it indicates a lower risk of defaulting on payments. Aim to keep your balances below 30% of your credit limits, and the lower, the better.On the other hand, options A, B, and D are not advisable for maintaining good credit. Keeping a high debt-to-credit ratio (option A) can indicate a heavy reliance on credit and a higher risk for lenders. Making numerous credit applications (option B) can negatively impact your credit score due to the potential for multiple hard inquiries. Opening many credit accounts (option D) can also have a negative impact, as it can lead to potential overspending and difficulty managing multiple accounts.In conclusion, one effective way to maintain good credit is by lowering your balances, keeping your credit utilization ratio low, and demonstrating responsible credit management.For more questions on credit limits
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The annual accounts receivable is 3,000; the annual sales 40,000, and the gross profit margin is 40%. The receivable days estimated from the data above is _____.
Answers
The receivable days estimated from the data above is 27 days
What is receivables days?
Receivables days mean the number of days it takes the company to receive cash payments from its customers it has sold to on credit.
It can be determined as the accounts receivable divided by the annual sales revenue(on the premise that all sales on credit),multiplied by the number of days in a year
receivable days=accounts receivable/annual sales*365 days
accounts receivable=3,000
annual sales=40,000
receivable days=3,000/40000*365
receivable days=27 days
An accounting receivable days of 27 days means that it takes the company 27 days after goods are sold to customers on credit to receive cash from customers. This indicates high liquidity since accounts receivable days are less than a month.
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Which of the following are deducted from gross taxable income before income taxes are applied to an employee's remuneration?
Answers
Employee contributions to an approved pension plan, Registrable retirement savings plan contributions and union dues (not applicable in Quebec).
For taxable income, what is subtracted from gross income?Any gross income produced that is factored into the calculation of your tax liability is referred to as taxable income. It is essentially your adjusted gross income minus any deductions. Included are any pay from the employer, including wages, tips, salaries, and bonuses. Included are investments and unearned income.In accordance with Section 80A (1), the deductions listed in Sections 80C to 80U must be permitted from the assessee's gross total income when determining their total income. In any circumstance, the assessed person's gross total income cannot be exceeded by the total deduction amount allowed under this section.Employee contributions to an approved pension plan, Registrable retirement savings plan contributions and union dues (not applicable in Quebec),deductions for residing in a designated zone that are listed on the employee's federal personal tax credit return and are approved by the CRA.To learn more about Taxable income refer to:
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On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year.
Required:
Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions.
a. Par value is $10, and market price is $18.
b. Par value is $5, and market price is $20.
Answers
Answer:
a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.
Explanation:
GUYS PLEASE HELP, ILL GIVE BRAINLIEST
List 5 ways Chapter 7 and Chapter 13 Bankruptcies are similar:
Answers
Answer:
Explanation:
While Chapter 7 eliminates your debts while Chapter 13 restructures them, you will be able to enjoy something called an “automatic stay” when you file either. This stay means that your creditors are unable to contact you about recovering existing debts while the order is in place, and can be penalized by the courts if they violate the stay. In addition, this stay will put a halt to any wage garnishing that you have been subject to, meaning that you will be able to retain all of your earnings during this time.
A market research firm is studying the effects of price and type of packaging on sales of a particular product. Twenty-seven stores with shoppers of similar characteristics will be used in the study. The nine combinations of three price levels and three packaging types are the treatments of interest. Total sales of the product over a seven-week period will be recorded. Which of the following describes the best design to use for the study?
a. А completely randomized design Randomly assign the nine combinations of price level and packaging type that three stores use each combination
b. A completely randomized design. Randomly assign the three price levels so that nine stores use each price level
c. A completely randomized design. Randomly assign the three packaging types so that nine stores use each type of packaging
d. A randomized block design Use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types so that three stores use each combination
e. A randomized block design. Use packaging as a block Randomly assign nine stores to each packaging type, then randomly assign price level to three stores within each block.
Answers
d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination
By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:
In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.
In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.
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