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DanielleElmas [232]
3 years ago
15

Determine the amount of the 2018 standard deduction allowed in the following independent situations. In each case, assume the ta

xpayer is claimed as another person's dependent.
Amount of the
Standard Deduction
a. Mason, aged 18, reports income as follows: $1,900 from a paper route and $10,800 from repairing computers. $
b. Emma, aged 17, records income as follows: $950 in cash dividends from a stock investment, $5,100 from providing dance lessons, and $1,700 from babysitting. $
c. Samuel, aged 13, incurs income as follows: $100 interest on a bank savings account and $500 from mowing neighbors' lawns. $
d. Gabriel, aged 22, reports income as follows: $300 in cash dividends from a stock investment. $
e. Elijah, aged 65, incurs income as follows: $12,000 from Social Security and $5,200 in wages from a part-time job.
Business
1 answer:
wlad13 [49]3 years ago
4 0
I believe it’s b.
Sorry if it’s wrong I’m not sure
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It is True, based on asset intensity, that for every $100 increase in sales, Chemical manufacturer DuPont would need about $100 in additional assets.

<h3>What is asset intensity?</h3>

The asset or capital intensity is a measure of the amount of assets needed to produce some dollars of sales revenue.

The asset intensity ratio is obtained by dividing the total assets by sales.

Thus, it is True, based on asset intensity, that for every $100 increase in sales, Chemical manufacturer DuPont would need about $100 in additional assets.

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2 years ago
David Wallace was the president, chairman of the board of directors, and majority shareholder of Paper Imports, Inc. Acting as p
Paladinen [302]

Answer:

The answers to the two questions are detailed in the explanation;

Explanation:

1.In this first case, David Wallace may possibly win, since a single creditor as a witness that due to the negligence of the director of the company did not receive his payment is not enough evidence for a lawsuit.

There should be more creditors who are dissatisfied with this situation, and it must also be analyzed what were the real causes that led to the company not having made the corresponding payment to this creditor.

2.In this second situation, the company Dunder Company may possibly win, since the corporation breached a previously established contract, this establishes the basis for a lawsuit in which Papers Import must possibly comply with the provisions of the contract or compensate the damages caused to the Dunder Company.

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3 years ago
What are the potential risks of having all three of these buckets (savings, investments and debt payments) belong in the same ca
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The potential risks that these three groups fall into the same category is that it is a low percentage and it is not a realistic proposition.

According to the theory of 50, 20, 30, a person's salary should be divided into 3 buckets that are:

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This income distribution is unrealistic because most people spend more than 50% of their salary on compulsory expenses, reducing their economic capacity for other purposes.

In this way, the 20% destined to savings and payment of debts would be a minimum amount of the salary, which could have serious consequences such as:

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