The answer would be (B. To create one related to what you do in your free time) To be interested/motivated in what you are doing, it has to grab your attention, you have to appreciate the topic, best way to make a business you'll enjoy is to create one based around one of you favorite pass times, hobbies, passions, etc...<span />
Answer:
False because you have to look at the issue honestly
Answer: File it electronically
Explanation:
Form 1040 is an Internal Service Revenue tax form that is utlized for the returns of the personal federal income tax that are filed by the residents of the United States.
Form 1040 calculates the taxpayer's total taxable income and then determines the amount that'll be paid or the amount that the government would refund.
Based on the information given, the procedures that should be used would be to prepare a Form 1040-X and then file it electronically so that Hector can make his claim.
Answer: Liam pays an average interest of 5.9% on the total $35,000.
Since the amounts borrowed and the respective interest rates are different, <u>the weighted average </u>will give us a better picture of the average interest paid on the loan.
We calculate weights based on the total amount borrowed.
Borrowing ($) Weights
Parents 3000 = 0.228571429
<u>Bank 32000 = 0.771428571
</u>
Total 35000 1
Once we have the weights, we multiply the interest rates with the respective weights. Then we find the total of the (weights * Interest rate) column to find the weighted average or the average rate Liam pays.
Weights Int Rates Weights * Interest rates
Parents 0.228571429 0.03
<u>Bank 0.771428571 0.068</u>
Total 1 0.059314286