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Elanso [62]
4 years ago
14

Wesley owns and operates the cheshire chicken ranch in turpid, nevada. the income from this ranch is $49,000. wesley wishes to u

se the easiest possible tax form. he may file:
Business
1 answer:
VLD [36.1K]4 years ago
6 0
He may file an form 1040.
Hope this helps!
You might be interested in
The cost, in dollars, to produce x designer dog leashes is C ( x ) = 8 x + 3 , and the price-demand function, in dollars per lea
Rzqust [24]

Answer:

Profit maximising price = 48

Explanation:

Total Cost : C (x) = 8x + 3

Demand Curve : p (x) = 88 − 2x

Total Revenue = p (x). x  =  x (88 - 2x) = 88x - 2x^2

Profit maximisation is where Marginal Cost (MC) = Marginal Revenue (MR)

MC = d TC / d Q  =   d (8x + 3) / d x = 8

MR = d TR / d Q = d (88x - 2x^2) / d x = 88 - 4x

Equating MR & MC ,

88 - 4x = 8  , 88 - 8 = 4x

x = 80 / 4 , x = 20

Putting value in demand curve,

p = 88 - 2x = 88 - 2 (20) = 88 - 40

p = 48

3 0
3 years ago
Space travel is expensive! For their trip to the Moon, the Apollo astronauts' living quarters were only 213 cubic feet (that's s
RSB [31]

Answer:

5341288

Explanation:

Data provided in the question:

Volume of the living quarters = 213 cubic feet

Now,

The dimensions of the US dollar bills are

width = 2.61 inches

Length = 6.14 inches

Thickness = 0.0043 inches

Thus,

Volume of a single dollar bill = 2.61 × 6.14 × 0.0043

= 0.06890922 cubic inches

Also,

Volume of quarter in cubic inches = 213 × 12³  

[ ∵ 1 ft = 12 inches  ; 1 ft³ = 12³ cubic inches]

Thus,

Volume of quarter in cubic inches = 368064 cubic inches.

Thus,

Number of dollar bills that can fit in there

= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill

= 368064 ÷ 0.06890922

= 5341288.15 ≈ 5341288

8 0
3 years ago
Do you think it is possible for an outsider to accurately discern about the underlying cultural values of an organization by ana
Rudiy27

Answer:

From the given variables, an outsider might be able to understand roughly 35% of the organization's culture.

Explanation:

Culture is ultimately a state of mind, a mode of perception and a collective conscious.

Symbols, Ceremonies, dress and other observable aspects of culture reflects a certain degree of the internal culture, yet to understand it full, it is vital to observe the human behavior and the inter relationships within the organization.

Moreover, the power distance between ranks, distribution of authority and responsibilities, reward systems, means of communication and organizational goals  also influences  the culture within a company. These aspects are difficult for an outsider to see as they do not stay inside and get exposed to the internal environment of the organization.

5 0
4 years ago
Suppose the value of the price elasticity of supply is 4. what does this mean? a 1 percent increase in the price of the good cau
Aleonysh [2.5K]

A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.

8 0
3 years ago
Perdue Company purchased equipment on April 1, 2014, for $270,000. The equipment was expected to have a useful life of three yea
otez555 [7]

Answer:

<u>Straight line:</u>

2014 $ 65,250  

2015 $  87,000  

2016 $  87,000  

2017 $   21,750

<u>units-of-output method:</u>

2014 $ 108,750

2015 $   79,750

2016 $  58,000

2017  $   14,500

<u>dobule declining method</u>

2014  135,000  

2015  45,000  

2016  15,000  

2017  9,000  

Explanation:

<u>Straight line:</u>

(cost - salvage value) / useful life

(270,000 - 9,000)/3 = 87,000 per complete year

First year: from April 1st to December 31th

87,000 x 9/12 = 65,250

Second and third year are complete year thus, 87,000

fourth year: from Jan 1st to March 31th:

87,000 x 3/12 = 21,750

<u>units-of-output method:</u>

(cost - salvage value) / unit of output

261,000 / 18,000 = 14.5 per hour

We multiply each year hours by this rate

7,500 x 14.5 = 108,750

5,500x 14.5 =   79,750

4,000x 14.5 =   58,000

1,000 x 14.5 =   14,500

<em><u>double declining </u></em>

we multiply by twice the rate of of straight line:

1/3 x 2 = 2/3 we depreciate this amount of the carrying vbalue per year

Last year we adjust to obtain the residual value

Year   Beginning   Rate   Dep expense   Carrying value

2014     270,000     0.50     135,000     135,000  

2015     135,000     0.67     90,000     45,000  

2016     45,000     0.67     30,000     15,000  

2017     15,000                6,000      9,000  

5 0
3 years ago
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