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
FinnZ [79.3K]
3 years ago
13

Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a

big tax refund at the end of the year but is always struggling to cover his monthly expenses. In what way can Dave address his problem?
A.
maintain withholding to maintain his monthly income after taxes
B.
increase withholding to decrease his monthly income after taxes
C.
reduce withholding to increase his monthly income after taxes
D.
reduce his expenses to increase his monthly income after taxes
E.
increase his sources of income to show a rise in his income after taxes
Business
1 answer:
Grace [21]3 years ago
6 0

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

You might be interested in
Question 4 of 10
klasskru [66]

Answer: a I think

Explanation:

5 0
3 years ago
Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow a
PilotLPTM [1.2K]

Answer:

the intrinsic value of the stock is $60

Explanation:

The computation of the intrinsic value of the stock is as follows:

But before that the cost of equity is

The Cost of Equity is

= Risk Free Rate + Beta × (Market Return - Risk Free Rate)

= 8% + 0.80 × (18% - 8%)

= 16%

Now

Intrinsic Value is

= Next year Dividend  ÷ (Rate of Return - Growth rate)

= $3 ÷ (16% - 11%)

= $60

hence, the intrinsic value of the stock is $60

7 0
2 years ago
During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0
3 years ago
A good starting point for developing time and cost estimates is:.
Ilia_Sergeevich [38]

It should be noted that good starting point for developing time and cost estimates is Past experience.

<h3>What is cost estimate ?</h3>

A cost estimate  can be regarded as the approximation of the cost of a program as well as project.

The cost estimate  can be seen as product of the cost estimating process and it based on past experience.

Learn more about cost estimate  at;

brainly.com/question/251701

7 0
2 years ago
I worked 42 hours and got paid $ 12.00 an hour, what is my net pay for the week ?
MakcuM [25]

Answer:

540$

Explanation:

6 0
2 years ago
Other questions:
  • Icarus Inc. manufactures fighter planes for the government. It made a strategic decision to outsource the production of wings an
    6·1 answer
  • All else equal, what is likely to happen to the unemployment rate during a recession?
    15·1 answer
  • Suppose you are a salesperson for an office supply company. one of your customers left you a message indicating that they were u
    8·1 answer
  • 3. Vocabulary test. Explain the differences between: a. Real and financial assets. b. Capital budgeting and financing decisions.
    15·1 answer
  • What are the benefits and risks of changing the packaging of the tic tac product? profile the tic tac consumer. if ferrero were
    7·1 answer
  • A perfectly competitive industry achieves allocative efficiency in the long run. What does allocative efficiency​ mean? A. Each
    10·1 answer
  • Negative externalities that arise from the production of a gooda. cause an increase in the demand for the goodb. cause a decreas
    11·1 answer
  • Emma, Inc. reacquired 166,326 of its shares at $22 per share as treasury stock. Last year, for the first time, Emma sold 37,992
    11·1 answer
  • (1) Reporting of Capital Assets. Are capital assets reported as a line-item in the government-wide statement of net position? Ar
    10·1 answer
  • Five key success factors for a successful business
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!