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kicyunya [14]
3 years ago
14

5. Max prepares a tax return for Ali at a VITA/TCE site. He finds out during the interview that Ali has no health insurance. Aft

er Ali leaves the site, Max writes her name and contact information down to take home to his wife who sells health insurance for profit. Which of the following statements is true?
a. There is no violation to the Volunteer Standards of Conduct (VSC) unless Max’s wife makes a big commission on the sale of health insurance to Ali.
b. Max has violated the VSC because he is using confidential information to engage in a financial transaction to further his own or another’s personal interest.
c. Max is doing Ali a favor by using her personal information to secure business for his wife.
d. Information a taxpayer provides at a VITA/TCE site can be used for the volun-teer’s personal gain
Business
1 answer:
solmaris [256]3 years ago
3 0
Ion know and I wish I did good luck lol
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Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the eco
viva [34]

Answer:

Y = 300

government multiplier 2

output demanded increase by 20

If income tax is applied:

Y = 272.72

multipliers: 2.253775

increase 22.53775 billons

As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.

Explanation:

DI = Y - 100

C = 30 + 0.6(Y - 100)

C = 30 - 60 + 0.6Y

C = 0.6Y - 30

Y = C + G + I

Y = (0.6Y -30) + 120 + 30

Y = 120 / 0.4 = 300

C = (0.6)300 - 30 = 150

With C we solve for the multiplier:

150/300 = 0.5

1 / (1 - 0.5) = 2

10 x 2 = 20

If variable that:

C = 30 + 0.6 (0.75Y)

C = 30 + 0.45Y

Y = 0.45Y + 120 + 30

Y = 150/.55 = 272,72

C = 30 + 0.45Y = 152,72

Propensitivity to consume:

152.72/272.72 = 0,5563

multiplier:

1 (1 - PMC) = 2.253775073

10 nillon will icnrease x 2.25377 = 22.54 billons

8 0
3 years ago
Question 37Gray Company uses the periodic inventory system to account for inventories. Information related to Gray Company's inv
kupik [55]

Answer:

Last inventory of 110 @ 6 = 660

Explanation:

1. Ending Inventory using FIFO

24th purchase 200 @ 11.8 = 2360  

16th Purchase 350 @ 10.8= 3780

TOTAL=6140 (<em>adding the 24th and 16th purchases</em>)                      

2. Ending Inventory using Weighted Average

Total Inventory = 2000 units

Total Cost = 21080

Per unit = 21080/2000 = 10.54  <em>(divide total cost / Total inventory)</em>

Therefore, 550*10.54= 5797  <em>(units remain multiplied by cost per unit)</em>

3. Ending Inventory using LIFO

1 Beginning inventory = 400 @ 9.8 = 3920

8th purchase                 150 @ 10.4= 1560

Total = 5480  <em>(Obtained by adding beginning inventory and the 8th purchase)</em>

Sunland Shutter

Answer is 660

First in First out . Last inventory of 110 @ 6 = 660

5 0
4 years ago
One common system for computing a grade point average​ (gpa) assigns 4 points to an​ a, 3 points to a​ b, 2 points to a​ c, 1 po
larisa86 [58]
Receiving an 'E' will not give you any point average.
6 0
4 years ago
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What is the HHI for an industry where 8 firms each have a market share of 10%, 2 firms each have a market share of 5%, and 10 fi
atroni [7]

Answer:

860

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

8(10²) + 2(5²) + 10(1²) = 800 + 50 + 10 860

5 0
3 years ago
Using the present value tables in Exhibits 26-3 and 26-4, Assume that the required rate of return for investment projects at Rip
ehidna [41]

Answer:

No

Explanation:

the required rate of return = 12%

if the present value of the project's cash flows after being discounted at the required rate of return = $120,000, then the net present value (NPV) of the project is negative. Future cash flows are discounted at the company's required rate of return, if they were discounted at a lower rate, their present value would be higher.

Any project with a negative NPV should be rejected because it doesn't provide enough cash flows.

5 0
3 years ago
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