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
zaharov [31]
3 years ago
6

Survey

Business
1 answer:
qaws [65]3 years ago
4 0
<span>1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?

The different copies are for John and each tax return he may file

2. Who sent John this W-2?

John's employer - ProperLiving Widget Engineering & Design


3. How much did John make in wages in the 2014 tax year? (assuming this was John's only job)

I do not know

4. How much did John 'take home' in net pay? (assuming this was John's only job)

I do not know


5. How much did John save in his 401(k) in the 2014 tax year?
I do not know


6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dollars. Are your health insurance premiums federally tax deductible?
Yes


8. Select what would happen to your 1) taxable income and 2) tax liability when you are able to claim a deduction such as student loan interest?

1) lower 2) higher


9. Which are tax deductible?

Student loan payments


</span>
You might be interested in
Mr. musselman is the head coach of the high school football team. he notices that, after learning the names of the players on th
insens350 [35]
Dummmmmmmmmmmmynessssssssssss
6 0
3 years ago
Property rights are important to a free enterprise system because they
Morgarella [4.7K]

Answer:

cause ppl to have gang wars

Explanation:

4 0
3 years ago
Read 2 more answers
A The management of Gresa Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is ave
Zepler [3.9K]

Answer:

Gresa Inc.

Comparative Condensed Income Statements for 2017

under FIFO and LIFO.

                                                                  <u>  FIFO                               LIFO</u>

Sales                                                          1176450                    1176450

Cost Of Goods Sold                                 660,400                    657, 200

Gross Profit                                               516050                    539,500

Operating  Expense                                  $ 150,000               $ 150,000

Income before Tax                                      $ 366,050             $ 389500

Income Tax  (30%)                                       <u> $ 109815                  $ 116850</u>

<u>Net Income                                                     $  256235  $272650</u>

<em><u>Working :</u></em>

<em><u>Fifo Cost of Goods Sold= $ 10,000 +  $168,000 +  $ 150,000+ 156,000 + 176,400= </u></em>

<em><u>Lifo Cost of Goods Sold= $ 224,000 + 156,000+  $ 150,000+127,200</u></em>

Purchases were made quarterly as follows.

Quarter     Units         Unit Cost        Total Cost

1               70,000       $2.40             $168,000

2             60,000        2.50               150,000

3             60,000         2.60              156,000

4             80,000          2.80               224,000

                270,000                            $698,000

Inventories    Beginning (5,000 units)    $10,000          

Total net sales (253,000 units)  $1,176,450

Ending (22,000 units)

Total cost of goods purchased (270,000 units) 698,000

3 0
3 years ago
Which is a good way to improve your marketability to employers?
Flura [38]
I think that what you should maybe be very social, and outgoing
6 0
3 years ago
In December, a company signed a contract with a regular customer to sell products for $100,000. In January, the company received
REY [17]

Answer: In January, when the products are delivered.

6 0
1 year ago
Other questions:
  • A system of accounting in which the costs of each process are accumulated separately and then assigned to the units of product t
    6·1 answer
  • Under the retail method, in determining the cost-to-retail percentage for the current year: Multiple Choice Net markups are incl
    6·1 answer
  • When the output of the collective farms and private plots were compared?
    15·1 answer
  • Advertising can:___________
    8·1 answer
  • A project is expected to generate annual revenues of $119,300, with variable costs of $75,400, and fixed costs of $15,900. The a
    14·1 answer
  • 34s left The National Income Accounts Unanswered GNP equals GDP A. minus net receipts of factor income from the rest of the worl
    5·1 answer
  • Crystal Glasses recently paid a dividend of​ $2.70 per​ share, is currently expected to grow at a constant rate of​ 5%, and has
    15·1 answer
  • Sgesergrbrtbtrbtrb rgbrbbteber
    14·2 answers
  • Mike Finley wishes to become a millionaire. His money market fund has a balance of $403,884 and has a guaranteed interest rate o
    11·1 answer
  • Your client and her husband agreed to split the following lifetime cash gifts: Total Gifts to Son Total Gifts to Daughter 2014 $
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!