1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
What are high-risk loans?
WITCHER [35]
"A high-risk loan is a financing or credit product that is considered more likely to default, compared to other, more conventional loans."

I hope this helps ^-^
4 0
3 years ago
Read 2 more answers
Each of the following firms benefits from barriers to entry in its industry. Indicate whether each of the barriers is natural or
gavmur [86]

Answer:

Natural:

b.A diamond company that owns nearly all of the world's diamond mines.

d.A soda company that spends over $3 billion on advertising every year.

e.A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste.

Government

a.A small-town bar that is the only establishment in the county licensed to serve liquor.

c. A pharmaceutical company receives a patent for a new cancer-fighting drug.

Explanation:

Government barriers are licenses or patents that prevent future firms from entering, natural is everything else.

4 0
3 years ago
Read 2 more answers
The amounts of money you can make on a college savings plan investment is dependent on
Oliga [24]

That would be the market performance of an investment.

4 0
3 years ago
What is the impact on the total asset turnover ratio if sales increase significantly while there is no change in any of the othe
Ostrovityanka [42]

Answer:

The total turnover increases

Explanation:

Asset Turnover Ratio is a measure of how efficient the assets of a company is when compared with the company's sales or revenue. To calculate Asset turnover ration, the<u> net sales is set as a percentage of the company's total assets. </u>

The higher the turnover of the asset based on the calculation then the higher the chances that organisation is generating revenue efficiently from its assets.  A lower turnover however is the implication that the company is not efficiently using its assets and it could imply some internal issues.

Therefore, the higher the sales without any change in assets means the Asset Turnover will increase or be higher and it will indicate higher efficiency

4 0
3 years ago
In a financial crisis, the unemployment rates will likely be _____ and the number of bankruptcies will likely be _____.
bearhunter [10]

I'm pretty sure both the unemployment rate and the bankruptcy rate would be higher.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of
    9·1 answer
  • Determine the future value of $21,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1,
    13·1 answer
  • A marketing manager had a goal to improve market share for his paper plates by 2 percent in the coming year, and he felt he’d ne
    7·1 answer
  • Melissa is an early-maturing girl. compared to her late-maturing friends, we can expect melissa: to have a higher self-esteem. t
    13·1 answer
  • If a sample of items is taken and the mean of the sample is outside the control limits, the process is: in control, but not capa
    11·1 answer
  • An increase in input prices causes:___________
    9·1 answer
  • Which of the following refers to the costs of production that fluctuate depending on the number of units​ produced? A. Total cos
    11·1 answer
  • Services can not be stored, warehoused, or inventoried. Because of this, many hotels and airlines offer deep discounts on rooms
    9·2 answers
  • Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cre
    5·1 answer
  • "is a practice concerned with increasing awareness, fostering learning, speeding collaboration and innovation, and exchanging in
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!