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Nuetrik [128]
2 years ago
5

even though the taxpayer is claimed as a dependent on another tax return, he or she can still file an income tax return to repor

t earned income of $500 and claim $50 of tax withholding. quizle
Business
1 answer:
Oksana_A [137]2 years ago
8 0

Yes the taxpayer can file tax return to report earned income of $500 to claim income tax withholding of $50.

What is the rationale behind this answer? Why can taxpayer claim $50 of tax withholding?

The explanation to this question can be that even though taxpayer is claimed as dependent on another tax return, they can file tax return to claim tax withholding of $50. If a dependent is earning, their income cannot be combined with their parents' income if they are earning income. They have to file their returns if they have to claim any tax refund or credits.

To know more about tax refund, visit:

brainly.com/question/13234219

#SPJ4

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An increase in the current account deficit will place _______ pressure on the home currency value, other things equal.
Sindrei [870]

When there is an increase in the deficit of the current account, the pressure on the home currency value all things equal would be a downward pressure.

<h3>What happens when there is a current account deficit?</h3>

A current account deficit means that the country is earning less from exporting goods to other countries than it is losing from importing from other nations.

What this means is that more money is flowing out of the country than the money that is coming in. What this leads to a loss in currency value because it points to less demand for the home currency.

This is because the deficit would place a downward pressure on the local currency. On the upside, this decrease in currency value might spur exports which would lead to a better current account balance.

In conclusion, there will be downward pressure.

Find out more on the current account at brainly.com/question/22333470

#SPJ1

4 0
2 years ago
Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear
suter [353]

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

3 0
3 years ago
What is generally true about savings vehicle
disa [49]
<span>If you're likely to be dipping into some of that money to fix the house, take a vacation, or buy holiday presents, don't put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000

hope this helped XD ;)

</span>
5 0
4 years ago
Read 2 more answers
Following is information about consulting jobs for a company that is increasing in sales, but has not yet become profitable. The
Murljashka [212]

Answer:

I gotta read that whole thing dang hold on!

3 0
3 years ago
A 5 percent increase in the price of milk that results in a 2 percent decrease in the quantity of milk demanded yields a price e
max2010maxim [7]

A 5 percent increase in the price of milk that results in a 2 percent decrease in the quantity of milk demanded yields a price elasticity of demand for milk of <u>"0.4".</u>


Price Elasticity of Demand (PED) is characterized as the responsiveness of amount requested to an adjustment in cost. The interest for an item can be versatile or inelastic, contingent upon the rate of progress in the interest regarding the adjustment in the cost.

Price Elasticity of Demand (PED) = percentage in Q.D / percentage change in price

by putting the given values in formula;

PED = 2/5 = 0.4

6 0
3 years ago
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