Answer:
Lloyd needs to increase his witholding tax to $1,560 this year in order to avoid the underpayment penalty .
Explanation:
As a rule, a citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbours
90% of current expense risk = 90% × $11,350
= $10,215
100% of past assessment risk = $15,900
Since his(Lloyd) retention is not equal to or exceed $10,215 or $15,900
Llyod should expand retaining or make payment this year in order to stay away from underpayment punishment
= $10,215 - $8,655
= $1,560
Answer:
$16,000
Explanation:
Data provided
Ending cash balance = $72,000
Beginning cash balance = $51,000
Cash receipts = $135,000
Cash disbursements = $130,000
The computation of cash borrowing is shown below:-
Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrowings
$72,000 = $51,000 + $135,000 - $130,000 + Cash borrowings
Cash borrowings = - $72,000 + $51,000 + $135,000 - $130,000
= $186,000 - $202,000
= $16,000
An example of Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
<h3>What is a
Private land use control?</h3>
This refers to a land control with a deed restrictions that limits what can be done on the property by the owner.
Hence, Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
Read more about Private land
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Answer:
AD shifts left and price level would decrease.
Explanation:
If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.
This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.
