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bezimeni [28]
3 years ago
9

One of the ways Mark and Sue can prevent having a balance due next year is to use the Tax Withholding Estimator at IRS.gov and t

hen adjust their withholding.
a. True
b. False
Business
2 answers:
Colt1911 [192]3 years ago
5 0

Answer:

True ( A )

Explanation:

Mark and sue can prevent having a balance due next year by making very good use of the tax withholding Estimator. this will help them update your current year income and other important factors that has a very significant effect on your tax.

A withholding estimator is an estimator found in the IRS website, it is used to help employees to do a checkup on their paycheck i.e to ensure that taxes been held from their paycheck is the right amount.

using an estimator you will require to enter an estimate of your yearly income and other forms of income and also your number of dependents if it has changed over the year this will help you know how your current year taxes will affect you while filing for your tax next year.

Likurg_2 [28]3 years ago
4 0

Answer:

a. True  

Explanation:

They can check their withholding using the Tax Withholding Estimator at IRS.gov and adjust accordingly.

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Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of s
jok3333 [9.3K]

Answer:

The incomplete part of the question is "Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $1 million per year. If the permits are not tradable, what will be the cost of eliminating half of the pollution? If permits cannot be traded, then the cost of the pollution reduction will be $1 million per year." The full question is attched as picture as well

1) Tradable permit system

Then lower MAC firm will abate the all pollution units

Then as MAC1 = $250, MAC2 = $275

Firm 1 = Consolidated electric

Firm 2 = Commonwealth utility

Then 1 will sell all permits to 2, at a price between $250 & $275.

So total cost of abatement of 20 units = MAC1 * 20

= $250 * 20  Unit

= $5,000

2) Non-tradable permits

Total cost = MC1*10 + MC2*10

= $2,500 + $2,750

= $5,250

7 0
3 years ago
The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced
mariarad [96]

Answer:

A) according to put call parity:

price of put option = call option - stock price + [future value / (1 + risk free rate)ⁿ]

put = $8.89 - $120 + [$120 / (1 + 8%)¹/⁴] = $8.89 - $120 +$117.71 = $6.60

B) you have to purchase both a put and call option ⇒ straddle

the total cost of the investment = $8.89 + $6.60 = $15.496, this way you can make a profit if the stock price increases higher than $120 + $6.60 = $126.60 or decreases below than $120 - $6.60 = $113.40

3 0
3 years ago
f interest rate parity (IRP) exists, then triangular arbitrage will not be possible. A. true. B. false.
Levart [38]

Answer:

A. True

Explanation:

Arbitrage refers to a situation wherein a gain is made owing to price discrepancy or unevenness in two markets. The rule for arbitrage is to buy from the markets where price is less and sell in the markets where price is higher.

Triangular arbitrage occurs wherein 3 different currencies are involved and the exchange rates are not uniform i.e a discrepancy exists and interest rate parity does not hold true.

Interest rate parity refers to the concept wherein the disparity between two currency exchange rates is adjusted by the respective interest rates of the two countries. When interest rate parity exists, no arbitrage is possible as markets are fairly priced.

3 0
3 years ago
Lent Corporation converts to S corporation status in 2018. Lent had been using the LIFO inventory method and held a LIFO invento
Licemer1 [7]

Answer:

The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250

The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns

Explanation:

FIFO Value/basis =$650000

LIFO value/basis =$510000

Difference =$140000

35% Tax =$140000*35% = $49000

The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250

The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns

7 0
3 years ago
What are the three questions you need to ask yourself before you start investing
Leto [7]

Explanation:

Is the seller licensed?

Is the investment registered?

How do the risks compare with the potential rewards?

Do you understand the investment?

6 0
2 years ago
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