1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
balu736 [363]
1 year ago
15

Harmony reports a regular tax liability of $15,800 and tentative minimum tax of $17,880. Given just this information, what is he

r alternative minimum tax liability for the year
Business
1 answer:
Ksenya-84 [330]1 year ago
5 0

$2,000 is her alternative minimum tax liability for the year. Because Harmony's tentative minimum tax exceeds her regular tax, the $2,000 difference is her alternative minimum tax liability for the year.

<h3>What is Tax Liability?</h3>
  • The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability.
  • The selling of an investment or other item that generates income generally results in the creation of a tax burden. When purchasing items, one may be required to pay a municipal or state sales tax. (Although several nations do, the United States does not impose a national sales tax.)
  • If a person's overall tax debt was nil or if their income was too low to necessitate filing tax returns, they might not have any income tax burden.

To learn more about Tax Liability with the given link

brainly.com/question/15394738

#SPJ4

You might be interested in
The average time it takes to carry out an execution in california is 14 years because of _______
Flauer [41]
Laws and government? MAYBE
7 0
3 years ago
Carter Pearson is a partner in Event Promoters. His beginning partnership capital balance for the current year is $55,500, and h
Jlenok [28]

Answer:

b. 9.75%

Explanation:

When a partner invests in a business, he/she expects to get return on his equity in the business. The major reason for this is to compare his/her return in the partnership business with the return he/she could get elsewhere.

The return on partner equity is calculated by dividing his/her net income from the partnership business by his/her average capital for the period.

The formula is given below:

<u> Net income       </u>  x 100

Average capital

Average capital  = <u>Opening capital balance + Closing capital balance</u>

                                                                    2

For Carter Pearson, the average capital is =<u> $55,500 + $62,500</u>

                                                                                   2

= $59,000

The return on equity will be: <u>$5,750  </u> x 100

                                                $59,000

= 9.7457

= 9.75%   - approximate to two decimal point.

5 0
3 years ago
Sasha has a master's degree in writing, and currently works full-time as a 2nd grade classroom helper. she submits articles for
Setler [38]
Based on the scenario above, Sasha describes herself as what she say is that she is underemployed, whereas the bureaus of labor statsitics will likely classify Sasha as being employed.

-Underemployed is defined as having a worker to be underused to a job by which the individual’s skill is not used.

<span>- </span>Employed – it is defined as having to provide work to an individual and being able to pay them for their work and efforts

6 0
3 years ago
Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000 two years from now and an additi
Troyanec [42]

Answer: $250,096

Explanation:

To find out the amount that should be invested today, one should find the present values of both figures and add them up:

Interest rate should be periodically adjusted so: 8% / 2 = 4% per semi annum

No of periods should be adjusted as well.

Amount to be invested today:

= \frac{190,000}{(1 + 0.04)^{2 * 2 periods} } + \frac{120,000}{(1 + 0.04)^{4 * 2 periods} }\\\\=  \frac{190,000}{(1 + 0.04)^{4} } + \frac{120,000}{(1 + 0.04)^{8} }\\\\= 250,095.62

= $250,096

8 0
3 years ago
Teams commonly used by companies like​ Toyota, Ford, and​ Cisco, which can coordinate complex projects with individuals from sim
Kitty [74]

Answer: ​Cross-functional

Explanation:

A ​cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and​ Cisco are doing so in this narrative.

4 0
3 years ago
Other questions:
  • In the? __________ communication? network, ideas and information flow along the lines of command in the? company?s organizationa
    14·1 answer
  • Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$17​
    10·1 answer
  • Cable tv operators and cellular carriers suffer from high levels of​ ________, or customer defections.
    7·2 answers
  • Johnny has 15 toys with a total value of $125. If some of Johnny's toys are worth $5 and the others are worth $10, how many toys
    7·1 answer
  • A salesperson working for Broker A sells a $150,000 home listed with another brokerage. The listing commission is 6.5 percent of
    11·1 answer
  • Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet:
    14·1 answer
  • Which of the following statements is correct?
    13·1 answer
  • No one answer then till my girly answers
    5·2 answers
  • In a perfectly competitive market, a. every seller tries to undercut the prices charged by its rivals. b. every seller takes the
    12·1 answer
  • When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!