Answer:
Total tax ( Sheryl ) = $802
Explanation:
Tax status of Sheryl = Single
The rates to be used are
- Tax rate = 10% for single taxpayers with income between $0 through $9700
- Tax for income from estates that is between $2600 through $9300 will be $260 + 24% of excess over $2600
kiddie tax is applicable on earned income above $2200 ( defined by IRS )
attached below is a detailed table
Answer:
The best way for Professor Fader to pick the Salesperson of the Month is to measure the change in <u>total customer lifetime value</u> for that month delivered and give the award to the salesperson with the highest points.
Explanation:
Total Customer Lifetime Value (CLV) refers to the total value delivered by a customer over a particular period not just in the number of purchases they have made. A customer's value also includes, but is not limited to:
The formula for calculating CLV is by:
(Annual Customer Revenue X Lenth of Relationship in Years) - (Total costs of acquiring plus Total Cost of Serving the customer)
or
(ACR x LR)-(TCA+TCS) = CLV
Cheers!
The answer that best completes the statement above is NON-TARIFF TRADE BARRIERS. From the term itself "non-tariff", it means do not involve duty or tax. For non-tariff trade barriers, this refers to restrictions in trade other tax. This includes sanctions, embargoes, and quotas. Non-tariff trade barriers are commonly practiced in developed countries.
Answer:
Answered
Explanation:
The order of steps in the accounting cycle.
1 Transactions are analyzed and recorded in the journal.
2 Transactions are posted to the ledger.
3 An unadjusted trial balance is prepared.
4 Adjustment data are assembled and analyzed.
5 An optional end-of-period spreadsheet (work sheet) is prepared.
6 Adjusting entries are journalized and posted to the ledger.
7 An adjusted trial balance is prepared.
8 Financial statements are prepared.
9 Closing entries are journalized and posted to the ledger.
10 A post-closing trial balance is prepared.