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3 years ago

1. Why is it extremely important to read the fine print of your W-4 form?

Business

1 answer:

elena-14-01-66 [18.8K]3 years ago

4 0

Answer:

The reason that makes the read of the W-4 extremely important is that:

It determines how much tax your employer will withhold from your check. Explanation:

The reason behind this answer is that in the first place the W-4 format is a required format of the tax return process. It allows you to understand the amount of money that your employer withholds so you can figure out how much money you can deduct and what will be your possible return if you read it well.

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Johnson Battery Systems recently reported $9,000 of sales, $6,000 of operating costs other than depreciation, and $1,500 of depr

muminat

Answer:

$1,100

Explanation:

EBIT = Sales - Costs - Depreciation

= $9,000 - $6,000 - $1,500

= $1,500

Net income = EBIT - Tax @ 40%

= $1,500 - $600

= $900

Operating cash flow = Net income + Depreciation

= $900 + $1,500

= $2,400

Free cash flows:

= Operating cash flow - Increase in working capital - Capital expenditure

= $2,400 - $500 - $800

= $1,100

8 0

3 years ago

g Perfection purchased a 25% stake in Satisfactory for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of

Brums [2.3K]

Answer:

The value that Perfection records in it's books on Jan 2, 2021 related to its investment in Satisfactory is:

$486,000.

Explanation:

a) Data and Calculations:

Net asset value of Satisfactory = $1,944,000 on acquisition date

Stake purchased by Perfection = 25%

25% of the net asset value of Satisfactory = $486,000 ($1,944,000 * 25%)

b) There is no goodwill arising from the investment in Satisfactory. The equity method will be used to account for the investment in the Satisfactory. The Equity Method involves recording the investment in an associated company like Satisfactory when Perfection's ownership interest in Satisfactory is valued at 20–50% of the net assets.

5 0

2 years ago

In a certain economy, the components of planned spending are given by:

viktelen [127]

Answer:

B) 790-700r

Explanation:

Aggregate Expenditure is the expenditure by all the sectors of economy. By Households = Consumption (C), By Firms = Investment (I), By government = Govt spending (G) & tax leakages (T), By Rest world = Next Exports (NX).

Autonomous Expenditure is the level of expenditure in economy, which doesn't depend on level of Income = Y.

AE = C + I + G + NX

[500 + 0.8 (Y-150) - 300r] + [200 - 400r] + 200 + 10

500 + 0.8Y - 120 - 300r + 200 - 400r + 210

500 - 120 + 200 + 210 - 300r - 400r + 0.8y

790 - 700r + 0.8y

As, it can be seen that the part of AE = '790 - 700r', excluding '0.8y' : is not dependent on Income Y. So, it is Autonomous Expenditure

4 0

3 years ago

The city of Ashkelon, on the eastern end of the Mediterranean Sea, is one of the major cities of the Philistines. A powerful mer

katrin2010 [14]

Answer:

African Route costs = -75,000, period 1 revenues = 215,000

Greek Route costs = -50,000, period 2 revenues = 140,000

Sumerian Route costs = -125,000, period 3 revenues = 385,000

discount rate = 5%

a) African route:

NPV = -75,000 + 215,000/1.05 = 129,762

B/C ratio = 215/75 = 2.87

Payback = 1 period

IRR = 187%

Greek route:

NPV = -50,000 + 140,000/1.05² = 76,984

B/C ratio = 140/50 = 2.8

Payback = 2 periods

IRR = 67%

Sumerian route

NPV = -125,000 + 385,000/1.05³ = 332,577

B/C ratio = 385/125 = 3.08

Payback = 3 periods

IRR = 45%

b) rank according to:

NPV = Sumerian route, African route, Greek route

B/C ratio = Sumerian route, African route, Greek route

Payback = African route, Greek route, Sumerian route

IRR = African route, Greek route, Sumerian route

c) if the family had unlimited resources, they should invest in the 3 routes since all their NPVs are positive.

d) African and Greek routes since they yield the highest gains (IRR).

8 0

3 years ago

According to McGregor’s ________, working is as natural an activity as resting or playing, and people will work hard to achieve

qwelly [4]

Answer: Theory Y

Explanation:

Theory Y is one of the human work motivation created by McGregor. The theory states that "workers that are motivated and enjoy their work will perform better without a direct reward system". This happens when managers value their employees and see them as assets.

7 0

3 years ago