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quester [9]
3 years ago
13

What is the 2017 repayment limitation for a single taxpayer who has income at a 350% poverty level?

Business
1 answer:
hram777 [196]3 years ago
4 0

Repayment Limitation Table for 2017

Household Income Percentage of Federal Poverty Line Limitation Amount for Single Limitation Amount for all other filing statuses

At least 200%, but less than 300% $750 $1,500

At least 300%, but less than 400% $1,275 $2,550

400% or more No limit No limit

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Suppose that Congress hears about how well you are doing in your economics courses and seeks your advice on creating some public
anygoal [31]

Answer:

As an economics student, the following suggestions can help address the issue of persistently high unemployment rate in the country. The appropriate suggestions are; an increase in government spending to assist the economy and offer more extensive unemployment benefits to alleviate the financial stress of job loss.

6 0
3 years ago
Your company is upgrading the breakroom and kitchen. It is going to include an expresso machine, a fridge with compartments for
Oksi-84 [34.3K]

Answer:

1. In a Year 20,367 20,017

2. In a Year 21,333 21,917

3. In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

4.Target is the best option because the cost difference is only around $600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Explanation:

1. Using NPW Analysis

Walmart Kit Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC PV 2.71 5.05

Amc 27100 60600

Total Cost 61100 120100

In a Year 20,367 20,017

2. Using EUAW Analysis

Walmart Kit

Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC 30000 72000

Total 64000 131500

In a Year 21,333 21,917

In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

Target is the best option because the cost difference is only around $600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Hence Target product will be the best option we would advice the management to go for.

7 0
3 years ago
financial accounting standard-setting in the united states A. can be described as a social process which reflects political acti
mash [69]

Answer:

Financial accounting standard-setting in the United States can be described as a social process which reflects political actions of various user groups as well as a product of research and logic.Hence,option A is correct.

Explanation:

The financial accounting standard-setting in the U.S. is heavily rule-based.By rule-based,I mean there is a strong government interest in the way corporations report their financial performance to various stakeholder groups.

Serbanes-Oxley Act is a strong indication  that the political class is keeping a tab on the financial reporting framework and results of the various companies operating in the different sectors of the economy.

8 0
4 years ago
Read 2 more answers
Chastity is a natural when it comes to singing. Without any formal instruction, she has perfect pitch. For Chastity singing is a
Anni [7]
I would say the best answer is A. due to the fact that singing comes natural for her. I hope this helps. have an amazing day :)
4 0
3 years ago
Why might some firms voluntarily pay workers a wage above the market equilibrium
tekilochka [14]

Answer:

b) Paying higher wages can reduce a firm's training costs.

c) Paying higher wages encourages workers to be more productive.

d) Higher wages attract a more competent pool of workers.

Explanation:

Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal. The point at which the MRPL equals the prevailing wage rate is the labor market equilibrium.

The idea of the efficiency wage theory is that increasing wages can lead to increased labour productivity because workers feel more motivated to work with higher pay. Paying higher wages encourages workers to be more productive. Higher wages attract a more competent pool of workers. Workers stay with employers longer (instead of seeking out better-paying work with other companies) reducing businesses’ turnover, hiring, and training costs.

6 0
3 years ago
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