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3 years ago

the most direct way for jonathan to gain on-the-job experience and earn money while attending school is to apply for:

Business

2 answers:

Olin [163]3 years ago

7 0

a work-study program, this is on the job experience

soldi70 [24.7K]3 years ago

5 0

Answer:

This can be achieved by applying for the work-study program

Explanation:

The work study program : this allows the student in this case Jonathan to gain the required on-the-job experience and also earn some money while getting educated as well.

There are several ways of gaining on the job experience but you might not earn money while you gain the experience like taking up and internship program from an organization or company will give you the experience and might well allow you earn but it might ultimately not allow you attend school while on internship.

also the study program allows you study but you cant work while you study hence you cant get on-the job experience.

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The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain

krok68 [10]

Answer:

1. Actual return on Plat assets

= Ending plan assets - beginning assets - employer contribution + retirees payment

= 2,591 - 2,400 - 245 + 270

= $216,000

2. Gain(loss) on plan assets

= Actual return - expected return

= 216,000 - (10% * 2,400,000-beginning assets)

= ($24,000) loss

3. Service cost

= Ending Projected benefit obligation - Beginning Projected benefit obligation - Interest cost + Retiree benefits

= 2,501 - 2,300 - (7% * 2,300) + 264

= $304,000

4. Pension expense

= Interest cost + expected return + Amortization of prior service cost + amortization of net gain + Service cost

= Interest cost + expected return + (beginning prior service cost - ending prior cost) + (Beginning net gain - ending net gain - loss on plan asset) + Service cost

= (7% * 2,300) + 240 + (325 - 300) + (330 - 300 - 24) + 304

= $736,000

5. Average remaining service life of active employees

= (Beginning Net gain - expected return) / Amortization of net gain

= (330 - 300) / (330 - 300 - 24)

= 5 years

4 0

3 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

Firdavs [7]

The total amount of deductions Marc and Michelle are going to get is $24750.

The taxable income of Marc and Michelle is $47750.

Further Explanation:

Income Tax: It is the additional charge on an individual’s income which he/she needs to pay to the government. The taxable income is calculated by adding all the incomes and deducting all the deductions which an individual can claim on his/her income.

Compute the total amount of deductions available for Marc and Michelle:

Total Deduction Available

= Higher of Standard Deduction for MJF and Itemized Deduction + Personal and Dependency Exemptions

= Higher of $12600 and $6000 + $12150 ($4050×3)

= $12600 + $12150

=$24750.

Therefore, the total deductions available to Marc and Michelle are $24750.

Gross Income of Marc and Michelle

= Salary of Marc + Salary of Michelle + Interest Earned on Corporate Bonds

= $64000 + $12000 + 500

= $76500.

Total Taxable Income of Marc and Michelle

= Gross Income – Qualified Moving Expenses – Alimony Paid – Total Deductions

= $76500 - $2500 - $1500 - $$24750

= $47750.

Therefore, the total taxable income of Marc and Michelle is $47750.

Learn More:

1. Learn more about the tax on the profit from selling the fixed assets

brainly.com/question/2617534

2. Learn more about the personal tax

brainly.com/question/1762937

3. Learn more about the role of money

brainly.com/question/12984919

Answer details:

Grade: Senior School

Subject: Taxation

Chapter: Income Tax

Keywords: Taxable income, Marc and Michelle, Deductions, salary income, earned, corporate bond interest, interest on municipal bond, standard deductions, US tax brackets.

4 0

3 years ago

Read 2 more answers

Outdoor Adventures, Inc. operates a chain of very large stores that offer an incredible selection of sporting goods at very comp

Olin [163]

Answer:

Category killer

Explanation:

Since in the question it is given that the Outdoor Adventures, Inc. operates a chain of very large stores of sporting goods at very competitive prices. Due to opening its first store, there is a drop in sales for small sporting good store because of category killer as it refers a store which keeps a variety of goods in its specialized field due to which it gains a competitive advantage.

8 0

3 years ago

The following information is available for Coronado Company: Sales Revenue $389600 Freight-In $29300 Ending Inventory 37400 Purc

Arisa [49]

Answer:

$262,900

Explanation:

Net purchases = Purchases - Purchase return and allowances

Net purchases = 269500 - 14500

Net purchases = $255000

Cost of goods available for sale = Beginning Inventory + Net Purchases

Cost of goods available for sale = 45300 + 255000

Cost of goods available for sale = $300300

Cost of Goods sold = Cost of goods available for sale - Ending inventory

Cost of Goods sold = 300300 - 37400

Cost of Goods sold = $262,900

So, Coronado's cost of goods sold under a periodic inventory system is $262,900.

3 0

3 years ago

When considering an external environment with a high level of resources and low degree of uncertainty, managers are most likely

MakcuM [25]

Answer:

Managers are most likely to use detailed rules, SOPs( standard operating procedures), and restrictive norms to govern employees activities.

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4 years ago