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stepladder [879]
3 years ago
13

Aurora, a self-employed taxpayer, reports all her income on Schedule C. During the tax interview, Aurora's Tax Professional dete

rmines that Aurora may qualify for the Earned Income Credit. The Tax Professional must
Business
1 answer:
Leviafan [203]3 years ago
8 0

Answer:

The correct answer is letter "B": Explain to Aurora that she must report all her business income and expenses.

Explanation:

The Internal Revenue Service (IRS) offers tax credits to taxpayers in different situations to benefit them with discounts and promote the proper filing of their yearly income. In front of a possibility on a tax credit for Earned Income, the taxpayer must <em>include all the information on revenues and expenses incurred during the period</em>. This typically applies to self-employed taxpayers.

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Our basketball team has finished $80\%$ of its season, during which we won $40\%$ of the games we played. What percent of the re
masya89 [10]

Answer:

90%

Explanation:

Let x be the total number of matches,

Given,

80% of games were finished,

So, the number of finished games = 80% of x = 0.8x

∴ Remained games= x - 0.8x = 0.2x

Now, 40% of 80% of games were won,

So, the winning games in 0.8x matches = 40% of 0.8x

= 0.4 × 0.8x

= 0.32x

In order to finish games with the same number of wins as losses,

Winning percentage in all games must be 50%,

Thus, the total winning games = 50% of x = 0.5x

Let y be the winning percentage in 0.2x games,

So, the total winning games in 0.2x games = \frac{y\times 0.2x}{100}

∵ Number of winning matches in 80% games + number of winning matches in 20% = total winning matches

⇒ 0.32x + \frac{0.2xy}{100}= 0.5x

\frac{0.2xy}{100}=0.18x

0.2y=18

\implies y=90

Hence, the percent of winning the in the remaining games must be 90%.

6 0
3 years ago
One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairma
Aleksandr-060686 [28]

Answer:

TRUE

Explanation:

According to Mike Peng and his book "Global Business", these indicators help to identify problems such as: principal-principal conflicts (problems between controlling shareholders and minority shareholders), expropriation and tunneling ( when managers from the controlling family divert resources for personal use or family use).

5 0
3 years ago
Janice Coleman is a team leader at Jackson Equipment. She has been promoted several times over the past five years and her perfo
maks197457 [2]

Answer:

B

Explanation:

Janice Coleman is a team leader at Jackson Equipment. She has been promoted several times over the past five years and her performance evaluations are outstanding. One of the vice presidents at Jackson has been very friendly to Janice and has served as her mentor. He has also been asking her to go out with him for the past 2 years. She has declined and the vice president has recently suggested that she could be an area supervisor if he became her advocate with the management team. He has indicated he would be willing to do so if they began a personal relationship. Janice does not agree to the relationship and is promoted to area supervisor. Janice has filed a complaint of sexual harassment with the EEOC. Janice has a case for atmosphere of harassment.

Even though Janice got the promotion the vice president created an atmosphere of harrasment by trying to give her a promotion with a condition. His intentiins is what matters here as well as giving her a condition for a promotion even though she eventually got the position. He stirred up the atmosphere for harrasment.

3 0
3 years ago
Frank is a married man with 2 children. he wishes to buy life insurance policy that will pay out when he dies. What type of poli
crimeas [40]
Sure, let me help you on this one!

Well, we need a policy that will not expire, and that has a death benefit. The only one on the list that fits this description would be letter B.

There are tons of life insurances out there; however, permanent insurance is one of few that pays out money to the relatives to help them achieve their life goals such as paying tuition for college. 

Answer: permanent policy.
6 0
3 years ago
Read 2 more answers
A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to
solniwko [45]

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

7 0
3 years ago
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