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1 year ago

When the 4th quarter futa tax is not at least _____, the payment may be mailed at year-end with form 940.

Business

1 answer:

Arisa [49]1 year ago

3 0

When the 4th quarter futa tax is not at least $500, the payment may be mailed at year-end with form 940.

A tax is referred to the amount paid by an individual to the government to contribute to the development of the country through social projects. This tax is laid on different products as a form of duties or charges as well as an amount from the income itself.

FUTA stands for Federal unemployment tax act where you won't need to submit your tax again if your FUTA tax due for the following quarter is $500 or less until the total is $500 or higher.

Learn more about tax, here:

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Your seller wants to net $100,000 after the 5% commission is paid. Assuming no closing costs, at what price does the home need t

AleksandrR [38]

Answer:

The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00

Explanation:

The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)

Net to seller=$100000

Sale price is unknown

commission rate is 5%

$100000=sale price*(100%-5%)

$100000=sale price *95%

sale price =$100000/95%

sale price =$105263.16

For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16

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2 years ago

The following data pertains to activity and maintenance costs for two recent years: Year 2 Year 1Activity Levels in units 12,000

iragen [17]

Answer:

Total cost= 0.75x + 6,000

Explanation:

Giving the following information:

Year 2:

Units= 12,000

Cost= $15,000

Year 1:

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Cost= $12,000

To determine the cost formula, first, we need to calculate the unitary variable cost and fixed cost.

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (15,000 - 12,000) / (12,000 - 8,000)= $0.75 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

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Now, the cost formula is:

Total cost= unitary variable cost + fixed cost

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2 years ago

Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p

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Answer:

Explanation:

nominal interest rate = real interest rate + expected inflation rate

nominal interest rate = 5% + 2% = 7%

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inflation rate: the general rise in the prices of goods and services, as inflation increases, the purchasing power of a currency decreases
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credit risk: possibility of the borrower defaulting the loan

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2 years ago

The Foundational 15 [LO10-1, LO10-2] [The following information applies to the questions displayed below.] Westerville Company r

Degger [83]

Answer:

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Explanation:

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Answer:

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