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photoshop1234 [79]
1 year ago
14

Toby kirkland’s parents claim him as a dependent on their tax return. Toby had earned income in the amount of $2,897. What is to

by’s standard deduction?
Business
1 answer:
labwork [276]1 year ago
4 0

When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer  for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add

$300 into it.

The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.

Standard deduction is the deduction given by the income tax authorities  to the tax payer.

Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.

To know more about Standard deduction here:

brainly.com/question/3158031

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Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that
almond37 [142]

Answer:

$20

Explanation:

Calculation for the marginal cost of producing an additional unit of output

Using this formula

Marginal cost=Wage per week/Marginal product of labor

Let plug in the formula

Marginal cost= $700 per week/35 units per week

Marginal cost= $20

Therefore the marginal cost of producing an additional unit of output is $20

3 0
2 years ago
Outstanding Job Hours to Print Job Penalty for not completing job in 24 hoursJob A 6 -$120Job B 9 -$200Job C 12 -$360Job D 16 -$
pav-90 [236]

Answer:

Option D is correct

Explanation:

The cumulative loss in penalty of this option is the highest compared to the rest which makes it logical.

7 0
3 years ago
"Our teams in different countries have learned a great deal, so I am putting together an international team to study and share t
RUDIKE [14]

Answer:

(C). Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.

Explanation:

In putting together an international team of people from different cultures, <u>it is important to note that the various national cultures with which they have been interacting for some time will have shaped how they communicate</u> and view situations.

<em>Some cultures value group work, togetherness and sharing ideas over other cultures which prefer individualism.</em>

Therefore as the group leader or manager, it is important to recognize the cultural characteristics of each group member, and encourage them to socialize and share useful information with the group.

6 0
3 years ago
it is usually less expensive to rent an apartment than to purchase a similar sized home when chapter 15
Elan Coil [88]

It is usually less expensive to rent an apartment than to purchase similar sized home when the land in the area is overprized.

<h3>What is an apartment?</h3>

An apartment, also known as a flat, is a type of residential real estate that is a self-contained living space that is typically one story high and affixed to a building. These general buildings go by numerous names; a list is below. The housing tenure of flats also varies greatly, from large-scale public housing to owner occupancy within what is officially a condominium (strata title or commonhold) to tenants renting from a private landlord (see leasehold estate). The term "apartment" is more frequently used in professional real estate and architectural circles in the UK than in other contexts, where "flat" is more frequently—though not always—used to refer to an apartment with a single level (thus, a "flat" apartment).

To learn more about apartment, visit:

brainly.com/question/12461997

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7 0
8 months ago
Suppose one U.S. dollar can purchase a half pound of strawberries in the United States. After converting dollar to pesos, one U.
alukav5142 [94]

Answer:

The answer is:

a real exchange rate

Explanation:

The last word in the question seems to be incomplete, I am assuming that the intended word is "represent".

Real Exchange Rate (RER), also known as Real Effective Exchange Rates (REER) is an exchange rate that compares the relative price of the two countries' consumption baskets (what the average consumer buys and its price indicates how much consumers pay for it). It gives information beyond the nominal exchange rate or the relative prices of two currencies. In this example, the RER between the U.S dollar and the Mexican Pesos is used to determine what the U.S. dollar can buy in Mexico, as compared to what that same amount can buy in the U.S. This helps to tell us if a currency is undervalued or overvalued.

8 0
3 years ago
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