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3 years ago

Explain the entries on a W-4 form and describe its purpose.

1 answer:

8 0

A W-4 form is a short form you use when you don't have a lot of things to pay for. So when you get out of high school is an example to use it. so one of the entries is your paycheck amount, tax, and how much money you will or will not get

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The Corbit Corp, sold merchandise for $10,000 cash. The cost of orp. sold merchandise for $10,000 cash. The cost of the se sold

nadezda [96]

Answer:

B. Cash 10,000 Sales 10,000 Cost of Merchandise Sold 7,590 7,590 Merchandise Inventory

Explanation:

The journal entry is shown below:

cash $10,000

To sales $10,000

(being cash receipts is recorded)

Here cash is debited as it increased the assets and credited the sales as it also increased the revenue

cost of merchandize sold $7,590

To merchandize inventory $7,590

(being cost of merchandise sold is recorded)

Here cost is debited as it increased the expense and credited the merchanidse inventory as it decreased the inventory

6 0

3 years ago

A side benefit of international trade is that it links national interests and increases the opportunity costs of war.

White raven [17]

Answer:

A side benefit of international trade is that it links national interests and increases the opportunity costs of war.

True

7 0

4 years ago

zero-coupon bond is a security that pays no interest, and is therefore bought at a substantial discount from its face value. If

trasher [3.6K]

Answer:

$1,203.83

Explanation:

For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.

Given that

Face value = $2,600

Interest rate = 11%

Time period = 7 years

The formula is shown below:

= Face value ÷ EXP (Interest rate × Time period)

= $2,600 ÷ EXP (11% × 7)

= $1,203.83

8 0

3 years ago

Boxes of Honey-Nut Oatmeal are produced to contain 14.0 ounces, with a standard deviation of 0.15 ounce. For a sample size of

raketka [301]

Answer:

UCL 14.08oz

LCL 13.93oz

Explanation:

´x=σ/√n

0.15/36 =0.15/6=0.025

´x= =14oz

UCL=´x+z σ´x

UCL=´x−z σ´x

UCL= 14 +3σ´x=14 +3(0.025)

=14+0.075

UCL=14.075oz approximately 14.08oz

LCL= 14 -3σ´x=14 -3(0.025)

=14- 0.075

LCL=13.925oz approximately 13.93oz

4 0

4 years ago

Assuming the average person works 50 weeks per year, median earnings of a college graduate are $56,850 per year compared to $33,

Drupady [299]

Answer:

a. over 100,000

b. is more than 8 times

Explanation:

Cost of four-year bachelor degree = Actual cost + opportunity cost

And

Actual cost = amount spent

opportunity cost = amount lost in not doing job just after high school

So ,

opportunity cost would be the 4 year salary of a high school graduate.

∴

Opportunity cost = 4 * yearly income of high school graduate

= $ 4 * 33900

= $ 135,600

Actual cost = 4 * yearly cost to attend college

= $ 4 * 25,290

= $ 101,160

As,

Total cost = Actual cost + opportunity cost

= $ 101,160 + 135,600

= $ 236,760

Lifetime gain in pursuing bachelor degree over high school = life time earning of bachelor - lifetime earning of high school graduate

= 2,444,500 - 1,593,300 = 851,200 $

Hence,

the expenses of obtaining a bachelor degree is worth it because the increase in lifeime earning exceeds cost. [ cost = 236,760 $ , gain = 851,200 $ ]

So,

The expense of obtaining a bachelor's degree worth it because the increase in lifetime earnings is more than 8 times the cost

5 0

3 years ago