Answer:
a) gross pay
c) $1,496.34.
Explanation:
The realized income is the amount you actually received and it is taxable. According to this, the answer is gross pay as it is the money you earn before taxes are deducted.
-Realized income:
$12.75*40= 510*4 = $2,040
FICA (7.65%)= $156,06
Federal withholding (12%)= $244,8
state withholding (7%)= $142,8
$2,040-$156,06-$244,8-$142,8= $1,496.34
Answer:
The correct answer is smaller the resulting price change for increase or rise in supply.
Explanation:
Coefficient of price elasticity is the one which is defined as measuring or evaluating the elasticity of price of the demand in coefficient. In retaliation to the change or variation in the price, demand for the product could be inelastic, elastic, perfectly inelastic or the perfectly elastic grounded on the coefficient.
When the coefficient of price elasticity of demand for the product is larger, then it will result in the smaller price change for the rise or increase in the supply.
Answer: Yes
Explanation:
Henry is involved in multiple car collisions and there are possibility that the the cars might have some goods in it, some chemicals or anythings which is damaged due to the collision.
The cars are damaged, there might be some spill or some injury to the driver or the people in car.
In this case a report should be made by CANUTEC which takes care of the transportation and allows the safety of people and handle the matter related to spills, goods damage, and other stuffs like like that.
Answer:
a. Michelle moves her food truck between various locations on a daily rotation. Last week, Michelle was stopped for speeding. She paid a fine of $215 for speeding plus $170 for legal advice in connection with the ticket.
- Speeding tickets and fines cannot be deducted as business expenses. But Michelle can deduct all legal expenses.
b. Michelle paid $865 to reserve a parking place for her food truck for the fall football season outside the local football arena. Michelle also paid $210 for tickets to a game for her children.
- Michelle can deduct the $865 paid for the space outside the football field, but she cannot deduct the tickets (personal expenses).
c. Michelle provided a candidate with free advertising painted on her truck during the candidate's campaign for city council. Michelle paid $960 to have the ad prepared and an additional $660 to have the ad removed from the truck after the candidate lost the election.
- Political donations are not deductible as business expenses.
Real GDP is the
gross domestic product and expressed in constant or unchanging prices that does adjust for inflation and is the best measure
of economic growth. Where Nominal
GDP is gross domestic product measured in current prices that does not account for inflation.
For example;
Year 2000
Nominal GDP = $100 million
Real GDP = $100 million<span>
</span>
<span>Year 2001</span>
Nominal GDP = $110 million,
Real GDP = $105 million
<span>Nominal GDP Growth Rate = 10%
<span>Real GDP Growth Rate = 5% </span></span>
