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ArbitrLikvidat [17]
3 years ago
10

7. John earned $2,500 as a life guard over the summer. This was his only job and income taxes were deducted from his paychecks b

y his employer. For filing a tax return, what should John do?
A. John should report this income on his parents tax return since he is still living at home.

B. John should not file a tax return. John is legally not required to file because his income is less than the minimum requirement for filing.

C. John should send a check for $50 to the IRS in case the employer didn't take out enough taxes.

D. John should file a tax return. He can then get all of his taxed money refunded.
Business
1 answer:
guapka [62]3 years ago
7 0
My answer is choice d.
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A _____ determines the best way to get an advertiser's message to the market.
zzz [600]
That would be a "media plan"
3 0
3 years ago
Cycles de Oro produces 120,000 high-tek bikes a year and orders the brake assembly from IKON for $15.40 each. The order cost is
Ket [755]

Answer:

$3,412

Explanation:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{120,000}\times \text{\$84}}{\text{\$2.31}}}

= 2,954 units

The carrying cost is

= $15.40 × 15%

= $2.31

The number of orders would be equal to

= Annual demand ÷ economic order quantity

= 120,000 ÷ 2,954 units

= 40.62 orders

Now The total cost of ordering cost is

Ordering cost = Number of orders × ordering cost per order

= 40.62 orders × $ 84

= $3,412

3 0
3 years ago
Van Frank Telecommunications has a patent on a cellular transmission process.
Sonbull [250]

Answer:

Van Frank Telecommunications

December 31, 2016:

Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

To record the revised amortization expense for the year.

Explanation:

Data and Calculations:

Patent's value on January 1, 2012 = $19,800,000

Patent's assessed lifespan = 9 years

Amortization expense for each year on straight-line = $2,200,000 ($19,800,000/9)

Accumulated Amortization for Patent = $6,600,000 (for 3 years)

Net book value of patent = $13,200,000 ($19,800,000 - $6,600,000)

Revised lifespan = 6 years

Revised amortization expense per year = $4,400,000 ($13,200,000/3)

8 0
3 years ago
Leaders at ElectroExpo Inc. want to develop a results-oriented organizational culture. To do this, they devise a new system to m
neonofarm [45]

Answer: b. The leaders should find ways to enable the employees to see the value in changes that are needed for the organization to succeed

Explanation:

With regards to the information given in the question, the best option will be for the leaders to find ways to enable the employees to see the value in changes that are needed for the organization to succeed.

In every organization, communication is key between the management and the employees. In this case, the leaders should inform the employees about the reason that they are taking the decision and how the decision will have an impact on the organization.

Taking legal steps against the employees or laying them off isn't the right thing to do. The employees should be made to see the value in the changes to be made.

Therefore, the correct option is B.

5 0
3 years ago
An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the
cluponka [151]

Answer: adverse selection

Explanation:

From the question, we are told that an

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7 0
2 years ago
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