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Lemur [1.5K]
3 years ago
8

In 2019, Wesley has a fairly simple tax situation with moderate wage income and a modest amount of interest income. Wesley, age

45, wishes to use the easiest possible tax form. He may file his tax or not?
Business
1 answer:
asambeis [7]3 years ago
3 0

He may file Form 1040.

Explanation:

Form 1040 is the IRS standard form which is used by individual taxpayers to file their annual tax reports.

Form 1040 is the IRS tax form used mostly for personal tax returns submitted by US citizens by the federal government. Form 1040 is a form. The method estimates the taxpayer's gross taxable income and specifies how much the government has to pay or repay.

Who can file? If a person passes the Substantial Appearance Test or the Green Card Test, but some cases exist; people who have a taxable earnings in the US, but refuse to meet the obligation to be resident aliens, must register for taxation purposes for non-resident aliens.

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Eduardo has always wanted to operate his own fast food restaurant but he knows the high failure rate of restaurants. To increase
telo118 [61]

Answer:

buying a franchise of a well-established restaurant.

Explanation:

A franchise business model is a business arrangement where the owner or 'franchisor' sells the rights of a business to ' franchisee' who operates an independent outlet.  The rights that a franchisee acquires include business name, logo,  business and operating models.  Examples of known franchises are MacDonald,  subway, and Starbucks.

The biggest advantage Eduardo will gain by purchasing a franchise is that he will get instant access to a well-established brand name.  Eduardo does not need to spend resources on creating a name, or products to introduce to customers. An established franchise will provide him with customers,  a management model, and a chance to succeed.

4 0
3 years ago
Why do businesses take financial cost into account other than social cost when making decisions.
deff fn [24]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Why do businesses take financial costs into account other than social costs when making decisions.?

The reason why is because businesses are created to make profits. And financial costs directly impact sales, revenue, and profits. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

On the other hand, the social cost should be important and it is, but not as important as the financial costs for the above-mentioned reasons.

Social costs are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

7 0
2 years ago
Europe was hurt by the financial crisis in 2008. High unemployment hit all areas of the population. However, the group that was
atroni [7]

Answer: Human capital  

   

Explanation: In simple words, human capital refers to the economic value that arises due to the knowledge, skills and experience of the labor in an economy.

In the given case, European union is aiming to provide better education and vocational knowledge to the young labor of the economy so they contribute to the continuously lowering GDP.

Hence from the above we can conclude that the correct option is A.

6 0
3 years ago
Read 2 more answers
According to the Buy America Act, if a company wishes to win a contract from a U.S. government agency to provide some equipment,
adell [148]

Answer:Local content requirements (LCRs

Explanation: This refers to policy measures which expects a particular certain intermediate goods to be produced from domestic manufactures. This means for a company to operate in a particular state they need to produce some of their product from that state , use domestic manufacturing this ensure they don't take everything for themselves but are actual contributing to that state deeply.

6 0
2 years ago
Read 2 more answers
How do price changes drive markets toward equilibrium?
Bess [88]
1. b, the price mechanism would adjust itself in a free market
2. c, they sell almost identical products
4 0
3 years ago
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