It’s actually VERY IMPORTANT! To me it seems like this person has got their whole life together. Most people who do this have to sacrifice something. This person doesn’t. They can spend time with family and be able to do your personal activities without having to sacrifice anything. It takes someone with strong willpower, consistency, and persistence to be able to do that.
Answer:
(a) $1,200
(b) $330
Explanation:
(a)
- The advance payment was issued in 2018, however the items throughout 2018 were not shipped.
- The products were distributed throughout 2019 as well as the transaction for accounting information requirements was announced throughout 2019.
Therefore, in 2019, $1200 would include gross revenue
(b)
<u>Service contract for 6 months will be:</u>
Drake would include gross income throughout 2019 of ($)and gross income throughout 2020 of $120. In October year 2019, because a corporation offered a 6-month contract, total sales in 2019 represented just a 3-month service agreement.
<u>Service contract for 36 months will be:</u>
- Throughout 2019 gross sales, Drake would include .The residual balance would not have been all conducted until the close including its tax year of collection since the contract became sold through 36 month.
- The residual amount of is thus used throughout gross sales for 2020.
Consequently,
⇒ Cumulative gross income used throughout 2019 = total earnings of 6 months service agreement + gross income of 36 months service agreement
⇒
⇒ ($)
Answer:
How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty?
Explanation:
If he increase withholding by $1,440 for the year.
A citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbors.
90% of current expense risk = 90% * $10,900
= $9,810.
100% of past assessment risk = $15,600.
Since, Lloyd's retention does not equivalent or surpass $9,810 or $15,600.
He should expand retaining or make payment this year to stay away from the underpayment punishment
= $9,810 - $8,370
= $1,440
Answer:
J-shaped curve
Explanation:
Project life cycle is the cycle or the phase, where the project goes or dealt with the initiation to its closure. In short, it can be defined and modified as per the aspects and the needs or requirements of the company.
J- shaped curve, is the curve which has the life cycle curve, that is convex to the baseline at the finish or end of the life of the project. And the curves runs or move parallel to the y axis.
Under this situation, the scenario of the project is J-shaped curve.