1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Musya8 [376]
2 years ago
6

Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $8,000 a

year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. a. What could Tawana do to reduce her family tax burden?
Employ her son in her sole proprietorship
Ask Jonathon to find a new job
Start a new enterprise
Business
1 answer:
kumpel [21]2 years ago
8 0

Answer:

The answer is: Employ her son in her sole proprietorship

Explanation:

If Tawana employs her son, she can deduct he $8,000 she gives him from her adjusted gross income. She would save $2,960 ($8,000 x 37%) from her income taxes. Sh would probably have to pay her son's taxes which are lower and add up to $1,200.

At the end Tawana would be saving $1,760 ($2,960 - $1,200) which is the difference between her tax rate and her son's tax rate.  

You might be interested in
It is important to manage customer relationships because customers provide a great deal of value to the company if they remain c
qwelly [4]

Answer:

Customer lifetime value predicts how much profit is associated with a customer during the course of their lifetime relationship with a company.

Explanation:

It is important to manage customer relationships because customers provide a great deal of value to the company if they remain customers for many years.

Customer lifetime value is greater for companies who have loyal customers as compared to customers who are one time only. They add less value to the company as customers are also a source of promotion for the company.

7 0
2 years ago
According to Carl Jung, what are the two main ways that people process information?
nata0808 [166]
The answer is A. Thinking and sensing

The thinking type will rely on their analysis capabilities to process information, and make their decision based on their analysis projection

Meanwhile, the sensing type will rely on their 5 senses to process information, which mean they have to experience it first before they can make their decision
4 0
3 years ago
Boxer Company owned 16,000 shares of King Company that were purchased in 2016 for $440,000. On May 1, 2018, Boxer declared a pro
Serjik [45]

Answer:

By 110,000 the retained earnings reduced by the property dividend.

Explanation:

Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.

For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.

So, the calculation is computed below:

As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e.  50,000 shares ÷ 10 shares = 5,000 for 1 share.

Now, multiply by market value which comes = 5,000 × $22 = $110,000.

So, by 110,000 the retained earnings reduced by the property dividend.

4 0
2 years ago
Ally Bank has more than $95 billion in customer deposits but has no brick-and-mortar locations. The bank provides high levels of
aliina [53]

These illustrations highlight the influence of competitive elements as a component of the external environment.

<h3>Is competition a part of the external environment?</h3>

By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.

<h3>What does external competition entail?</h3>

A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.

<h3>Which elements influence the competitive environment?</h3>

From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.

learn more about competitive factors as part of the external environment here<u> brainly.com/question/15071676</u>

#SPJ4

3 0
2 years ago
Suppose the United States has a Gini coefficient of 0.4 and Sweden has a Gini coefficient of 0.25. Which of the following statem
yarga [219]
The correct answer is C
6 0
3 years ago
Other questions:
  • Governments may create to discourage companies from producing negative externalities.
    14·2 answers
  • The rhythm of the poem is _____. slow and steady throughout fast and erratic throughout steady at first, then more erratic errat
    15·2 answers
  • A periodic review system is __________. a. a term used to indicate the amount of demand b. to be met under conditions of demand
    15·1 answer
  • Consider the optimal consumption bundle for a consumer who is choosing between two goods, x and z, which she considers perfectly
    7·1 answer
  • Ted begins the month with a checking account balance of $1,400. He
    5·1 answer
  • Jayhawk had previously purchased merchandise for $40,000 The company returned $4,000 of the merchandise previously purchased bec
    11·1 answer
  • You are selling a new line of T-shirts on the boardwalk. The selling price will be $25 per shirt. The labor cost is $5 per shirt
    7·2 answers
  • The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines ar
    6·1 answer
  • Exquisite Prints is an up-and-coming photography company. To date, producing good photography is the priority of the company - n
    6·1 answer
  • General Contracting was hired by the city of Rockyville to put in a new road through a mountain pass for $2 million. General Con
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!