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Volgvan
3 years ago
7

What is the 2016 repayment limitation for a single taxpayer who has income at a 350% poverty level?

Business
1 answer:
Mademuasel [1]3 years ago
7 0
For taxpayers with household income below 400% of the FPL there is a table of repayment limitation.
For at least 300% but not less than 400% ( for example: 350% ) it is $1,250.
Answer: $1,250.
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Write a paragraph summary of the history of credit and consumerism
ollegr [7]

Answer:

Credit was invented by Mr A Smith (of bank note fame) to allow parents to top-up teenagers phones. This was viewed as particularly important since without it they would be unable to cheat on their homework.

Explanation:

Do I really need to explain such an egregious answer

7 0
3 years ago
Net sales for the month are $800,000, and bad debts are expected to be 1.5% of net sales. The company uses the percentage-of-sal
Dmitriy789 [7]

Answer:

$27,000

Explanation:

Allowance for doubtful accounts before adjustment       $15,000

Allowance provided for the month;

$800,000*1.5%                                                                     $12,000

Closing balance for Doubtful Accounts                             $27,000

The allowance for doubtful accounts is provided on net sales basis therefore sales are multiplied with %  of bad debt allowance given in question.

4 0
3 years ago
Read 2 more answers
What is the present value of $2,025 per year, at a discount rate of 7 percent, if the first payment is received 6 years from now
Marysya12 [62]

Answer:

The correct answer is $20,369.65.

Explanation:

According to the scenario, the computation of the given data are as follows:

Payment (pmt) = $2,025

Discount rate ( rate) = 7%

Time period ( Nper) ( 6 -23 years) = 18 years

So, we can calculate the Present value by using financial calculator.

Attachment is attached below.

So, Present Value = $20,369.65

7 0
3 years ago
HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AfilCa [17]
Hey, The answer is true. Hope I helped!!
5 0
3 years ago
The manufacture of a popular mouthwash liquid brand is losing sales to a competitor who has been able touse bulk purchasing of i
marusya05 [52]

Answer:

Develop strong relationship with supplier

Explanation:

A good relationship with the supplier would provide the business the needed support just as it does to the competitor. This would make business to come to the way of the supplier.

Buying in bulks is a good way of making purchases because it is a way to get products at a cheaper rate

5 0
3 years ago
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