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3 years ago

most successful people are foward thinkers who set unrealistic goals so that they work more diligently true or false.

Business

1 answer:

Hoochie [10]3 years ago

7 0

True because if you set higher goals you work to achieve them so you work smater not harder.

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Name the six federal government financial assistance programs.

Dmitry [639]

Answer:

agreements, donations of property, direct appropriations, food commodities, loans, interest subsidies, and insurance.

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2 years ago

Read 2 more answers

Jeremy earned $100,000 is salary and $6,000 in interest income during the year. Jeremy's employer withheld $11,000 of federal in

nevsk [136]

Answer:

Follows are the solution to this question:

Explanation:

Points Description Amount Computation

(1) Major Revenue $110,000 $\$ 100,000 \ salary + \$ 6,000 \\ \\Interest \ income + \$4,000 \\\\ \text{ capital gain in long term}$

(2) AGI allowance 0

(3) Gross sales adjusted $110,000 (1) - (2)

(4) Deduction norm 18,350 Chief of Household

(5) susceptible to deductions 23,000

(6) Enhanced standard (23,000) (5) > (4)

deduction or individualized

deductions

(7) Taxable Revenue $87,000

(8) Response for $13,298 $[(83,000 - 52,850) \times$

incoming taxes $22\%+ \$6,065] + \$4000\times 15\%$

(See the household head tax

plan)

(9) Allowance for children's taxes (2,000)

(10) Withdrawal of tax (11,000)

Taxes due $ 298 (8) + (9) + (10)

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3 years ago

lee company pays its employees on a graduated commission scale 6% on the first $40,000 sales 7% on sales from $40,001 to $80,000

Elina [12.6K]

Answer: c

Explanation:

Because it makes even more sense.

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3 years ago

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You and your best friend have decided to start a small coffee shop together while in college. Though you have been friends since

Sedbober [7]

Answer: It is important to establish limits through the partnership agreement, because by trust there could be disagreements in the future, some ideas for this agreement are the following:

I. The dividends resulting from the coffee shop profits must be distributed equally and will correspond to the amount resulting from discounting sales less costs and expenses.

II. Personal loans will not be allowed to the owners with the money taken from the coffee shop box.

III. It will not be allowed to consume the products of the coffee shop without paying what corresponds.

IV. Both owners will have the same rights to perform the duties of a manager.

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3 years ago

Mike's Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I

Lapatulllka [165]

Answer:

Mike's Motors Corp.

Cash Budget

July August September

Beginning balance $41,000 $30,000 $30,000

Cash receipts 92,000 118,000 157,000

Total cash available $133,000 $148,000 $187,000

Cash payments 120,000 106,900 134,400

Interest/Loan repayment 11,100 6,602

Cash balance 13,000 30,000 45,998

Cash to borrow 17,000 0 0

Minimum cash balance $30,000 $30,000 $30,000

Explanation:

a) Data and Calculations:

Minimum cash balance = $30,000

Interest rate on borrowings = 3% per month

Beginning cash balance = $41,000

Cash Budget

July August September

Beginning balance $41,000 $30,000 $30,000

Cash receipts 92,000 118,000 157,000

Total cash available $133,000 $148,000 $187,000

Cash payments 120,000 106,900 134,400

Interest/Loan repayment 11,100 6,602

Cash balance 13,000 30,000 45,998

Cash to borrow 17,000 0 0

Minimum cash balance 30,000 30,000 30,000

Loan repayment:

In August:

Interest is paid = $510 ($17,000 * 3%)

Loan is repaid = 10,590

Total paid = $11,100

Balance of loan unpaid = $6,410 ($17,000 - 10,590)

In September:

Interest on loan = $192 ($6,410 * 3%)

Loan repaid = 6,602 ($6,410 + 192)

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2 years ago