Answer:
A) $0
Explanation:
Provided information
Adjusted gross unearned income = $1,000
Marginal tax rate = 28%
By considering the above information, we can find out the child's tax liability
In the 2017 year, the credit for per child is up to $1,000 so there is no tax levied in the year 2017 as it is within the prescribed limit
Hence, child tax liability would be zero.
Answer:
b. non-equity-based strategic alliance
Explanation:
In the case of the non-equity strategic alliance, the organizations develop the agreement for sharing the resources without developing the distinct entity or equity i.e. shared.
Non-equity alliances are considered to be loose and not formal as compared to the partnership involving equity.
So as per the given situation, the option b is correct
<u>Calculations of Net Income for the period (Assuming the Accrual Method of accounting):</u>
It is given that Revenue on account amounted to $4,400. Expenses for the period were $2,300.
The Net income for the period using the Accrual Method of accounting can be calculated with the help of following formula;
Net Income = Sales Revenue – Expenses
= 4400-2300
= 2100
Hence, the net income for the period is <u>$2,100</u>
Answer:
The establishment of social welfare programs.
Explanation:
This is the answer for Ap3x.
Answer:
Indirect labor
Explanation:
The indirect labor is the labor that supports the process of the production but it is directly not inlvolved in the conversion of products i.e. from raw material to the finished goods
So as per the given situation some particular workers assigned the unpacking the production material task that collected from suppliers so this represent the indirect labor
hence, the same is to be considered