Answer: Form 843
Explanation:
As a taxpayer, Mary can use Form 843 to claim a refund of her Social Security taxes. First she tried to obtain the refund through her employer and should this fail, she should fill out a form 843 and submit it to get help on the claim.
The form can also be used to get an abatement on FUTA taxes as well as a refund of interest, penalties, or additions to taxes.
It is mostly close and similar to letter c, vouchers given to consumers of a good. It is because in this way, they are able to give discounts to the consumer that are used in exhange of a good which are for free. It is similar in the statement given above as Pell gives money to students who are attending college which is for free in a way that is similar to giving vouchers to consumers for free. Both are free, benefits both parties and does not ask anything in return.
Answer: please refer to the explanation section
Explanation:
a.Rate of return = $5.50/$50 = 0.11 = 11%
b. Yes the firms earns Economic profits. The Normal rate of profit in the economy is 5%, the firm earns a rate of return of 11%, which is higher than Normal rate of profit in the economy.
c. The industry will see entry. The firm earns a return of that is 6% more than the normal rate of profit in the economy, ,more firms will find it profitable to enter the market
d. The industry is purely competitive, as more Firms will enter the market/industry extra profit will diminish. the firms will earn normal rate of profits in the long run
Answer:
Accounting
Explanation:
Accounting is a vital part of every business, and it is related to proper collecting, analyzing, managing and communicating financial information. Being such an essential part of businesses, it is always defined and regulated by appropriate entities (state agencies and other regulators).
Accounting is done by an accountant or a bookkeeper, who is the person in charge of generating the needed reports and summarizing the financial data in the proposed manner.
Answer: 2
Explanation: $2.7 million divided by $1.35 million is 2.
