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kykrilka [37]
3 years ago
13

In order to deal with the financial problems inherent to the current Social Security system, President Waldhart proposes that an

yone making over $150,000 would receive no benefits. This solution best fits with a(n) ____ approach. Group of answer choices
Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer: means test benefit

Explanation:

A means test is used to determines whether an individual or a household will be eligible to get some payments or benefits.

An example is the one illustrated in the question whereby President Waldhart proposes that anyone making over $150,000 would receive no benefits.

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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)

6 0
3 years ago
The average human lifespan is expected to increase by how many years by 2100? 15 years 30 years 10 years 25 years
aksik [14]
According to the world health organization, the average human lifespan is expected to increase from 68 today to 81 in <span>n 2095-2100. The difference between the two ages is 13 years. The closest among the choices here is 15 years. The answer is a.  The increased life expectancy is attributed to the decreased death rate due to HIV/aids.</span>
5 0
3 years ago
The following refers classification of space except
crimeas [40]
Bbbbbbbbbbbbbbbbbbbbb
8 0
3 years ago
A grain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram. The initial margin is $4,
Inessa05 [86]

Answer:

Given that,

Operator bought a futures contract = 5,000 kilograms of rice at $1.50 per kilogram

Initial margin = $4,000

Maintenance margin = $2,000

(a)

(i) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 - $2,000

                                  = $2,000 (loss)

(ii) Change in price = \frac{2,000}{5,000}

                               = $0.40

(b) Price per kilogram = Current price - Change in Price

                                     = $1.50 - $0.40

                                     = $1.10

So, change price per kg is $1.10

(c) Balance of Margin = Initial margin - maintenance margin

                                  = $4,000 + $2,000

                                  = $6,000 (loss)

Change in price = \frac{2,000}{5,000}

                               = $0.40

(d) Price per kg = Current price - change in price

                          = $1.50 + $0.40

                          = $1.90

3 0
3 years ago
Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info
777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of:  Setups Components

Standard 22 8

Deluxe 28 12  

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0
3 years ago
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