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
Marrrta [24]
3 years ago
6

Campbell a single taxpayer, has $400,000 of profits from her general store that she operates as a sole proprietorship. She has $

100,000 of employee wages, $40,000 of qualified property, and $500,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income?
A) $80,000

B)$0

C) $100,000

D) 26,000

E) $50,000
Business
1 answer:
ella [17]3 years ago
8 0

Answer:

A) $80,000

Explanation:

According to the Internal Revenue Service (IRS), the deduction would be claim as a lower value of 20% qualified business income plus 20% of real investment or 20% of taxable income less net capital gains

So, 20% qualified business income = $400,000 × 20% = $80,000

And, the 20% of taxable income = $500,000 × 20% = $100,000

So, the lower value would be $80,000

You might be interested in
Who should you' alert that you are interviewing for jobs? A.Your references B.Other possible employers C.Your classmates D.Your
noname [10]
A. Your references. You should also give them the job description, so they can prepare for the call from the hiring company.
6 0
3 years ago
Read 2 more answers
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
Bas_tet [7]

Answer:

Competition tribunal

Competition commission

Explanation:

They protect the rights of the customers

6 0
3 years ago
What is a commodity?
BabaBlast [244]

The correct answer is D. Something of value that can be bought, sold, or traded

Explanation:

The word "commodity" is used in economics to refer to any good or product that has an economic value and due to this, can be part of the market. This means any commodity can be traded, sold, or bought. Moreover, this concept is mainly applied to raw materials such as coal, timber, or wheat that can be used to make other manufactured products such as plastics, furniture, or flour. According to this, the option that correctly describes the word commodity is option D.

3 0
3 years ago
The annual percentage rate on a credit card determines
Digiron [165]
My answer -

it determines how much they charge you in interest if you carry a balance. Lower is better. The percentage interest is what they charge you each month, “annual percentage rate” is what you’re paying if you keep that balance for a year. It’s slightly different because in that year, you’re also paying interest on the amount of interest (compound interest) you owe in the previous months.

Not carrying a balance means that you don’t pay interest.


p.s

Let me know if you need anymore help on brainly so I can help you again. Have an AWESOME!!! day :^)


6 0
3 years ago
Luther Corporation Consolidated Balance Sheet December​ 31, 2006 and 2005​ (in $​ millions) Assets 2006 2005 Liabilities and ​St
aliina [53]

Answer:

C. 1.3

Explanation:

market to book ratio = market capitalization / book value

  • market capitalization = total stocks outstanding x stock price = 10,200,000 stocks x $16 = $163,200,000
  • book value = stockholders' equity = $125,600,000

market to book ratio = $163,200 / $125,600 = 1.299 ≈ 1.3

The market to book ratio basically measures a company markets value versus its book value. Generally, if a company is profitable and successful, its market to book ratio should be higher than 1.

6 0
3 years ago
Other questions:
  • Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders’ equity of $1,200,000
    7·1 answer
  • Can title insurers that issued a policy with a major defect require the purchasers of the policy to act as plaintiffs in order t
    14·1 answer
  • Anish, a single indian biology professor, went to the local national bank to apply for a home loan. the banker told anish that s
    13·1 answer
  • You are a manager in a perfectly competitive market. the price in your market is $14. your total cost curve is c(q) = 10 + 4q +
    9·2 answers
  • Australia is a major producer of agricultural and dairy products and exports coffee, tea, spices, and milk products to the Unite
    8·1 answer
  • A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri
    9·1 answer
  • __________ refer to the tendency to overestimate the influence of personality factors when interpreting the actions of people
    5·1 answer
  • Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
    6·1 answer
  • A major concern related to higher education’s business model is that colleges and universities cannot or will not control their
    6·2 answers
  • The Changing Workforce The composition of the modern labor force is changing rapidly. Increasing diversity in race, ethnicity, a
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!