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Ierofanga [76]
3 years ago
10

Madison's gross tax liability is $9,000. Madison had $3,000 of tax credits available and she had $8,000 of taxes withheld by her

employer. What are Madison's taxes due (or taxes refunded) with her tax return?
A) $0 taxes due and $0 tax refund.
B) $6,000 taxes due.
C) $2,000 tax refund.
D) $1,000 taxes due.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
4 0

Answer:

C. $2000 tax refund

Explanation:

Given that

Tax liability = 9000

Tax credits = 3000

Tax withheld = 8000

Maddison tax return = Gross tax liability - tax credits - tax withheld

Therefore

Tax return = 9000 - 3000 - 6000

= -2000.

This indicates a tax refund of $2,000

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Taya2010 [7]
<span>Disposable income is defined as any and all income that one has less the taxes and other mandatory payments one must make. In Julio's case, this would be the $30,000 he has earned less the $5,000 he pays in taxes yearly. The rent and utilities would not be considered, leaving a disposable income value of $25,000.</span>
8 0
3 years ago
Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of
Len [333]

Answer:

Buy

Explanation:

First, we need to find out what is the cost incurred by the company in building the power station and after that, we will compare that cost with the selling price of the power from Tri-county G&T. the lower-priced option will be considered as best option.

Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)

Cost incurred by the company in building the power station = $10,000,000 + $5,250,000

Cost incurred by the company in building the power station = $15,250,000

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Selling price of the power from Tri-county G&T = 11,250,000

Decision: It would be a wise option for the company to buy it. From buying the power the company will save $4m.

3 0
3 years ago
Accumulated depreciation shows a beginning balance of $9,300 and an ending balance of $10,700. How much depreciation expense was
faust18 [17]

Answer:

$1400

Explanation:

Accumulated depreciation is the total depreciation of an asset and is recorded on the balance sheet while the depreciation expense is recorded on the income statement as an expense.

The depreciation expense is the difference between the accumulated depreciation at the end and the accumulated depreciation at the beginning. It is given as:

Depreciation expense = accumulated depreciation at the end - accumulated depreciation at the beginning = $10700 - $9300 = $1400

Depreciation expense = $1400

6 0
3 years ago
NuKere, a nuclear plant, accidentally leaks hazardous waste onto a nearby property, despite having recently passed a rigorous se
ioda

Answer:

a.) Nukere should be held liable because of the dangerous nature of hazardous waste. Regardless of safety checks, the accident happened.

Explanation:

"Nuclear power plants" are known to be<em> the most reliable source of electricity</em> there is in the world. However, they pose some<em> risks</em> especially when it comes to the possibility of a nuclear accident happening.

When it comes to "nuclear third party liability," a strict liability of the nuclear operator means that the victim has no fault in any situation that might occur. This means that <em>the operator is responsible or liable</em> of the power plant's dangerous nature of hazardous wastes.

Whether or not they have recently passed safety checks, there is no need for them to prove anything on he is at fault. So, <u>this makes Nukere liable for the situation.</u>

This explains the answer.

4 0
3 years ago
Alex is starting a career in ux and wants to be able to specialize in a particular ux design role and focus on one project from
meriva

A small start-up is a good fit for Alex.

Startups are frequently internet- or technology-based firms with broad market appeal. On the other hand, you don't need a sizable market to expand into in order to run a small firm. All you need is a market, and you must be able to effectively contact and service every member of that market.

Despite their tiny size, startups can have a big impact on the expansion of the economy. Startups are the epicenters of the invention; they generate jobs, which increases employment and boosts the economy; and they have a noticeable influence on the cities in which they settle.

After a few years of operation, startups are on the road to success. While small firms develop quickly, they can only do so if they start to see success over time. A startup needs time to develop and gain a large customer base that can use its product.

Types of startups are:  

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To know more about startups refer to:   brainly.com/question/14488761

#SPJ1

8 0
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