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bixtya [17]
3 years ago
8

Marilyn filed her tax return on April 15. At that time, she owed $900 on a total tax liability of $10,000 and she submitted a ch

eck for $900 with her tax return. Which of the following penalties will apply to Marilyn?
A. Failure to file.
B. Underpayment of estimated tax.
C. Failure to pay.
D. None of the penalties apply to this return.
Business
1 answer:
BlackZzzverrR [31]3 years ago
8 0

Answer: D. None of the penalties apply to this return.

Explanation:

Marilyn filed her tax return on April 15 which was the deadline for filing in 2020 until it was moved to the 15th of July 2020 on account of the ongoing pandemic. She also attached a cheque for the payment of the tax liability she owed. She filed on time  and paid her liability therefore none of the penalties are applicable to her.

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Farmer Ted planted 200 acres in wheat this year. The weather has been perfect and he expects to harvest a record crop within the
mina [271]

Answer:

d. Transactions exposure.

Explanation:

Transactions exposure -

It is the level of uncertainty involved in a business in the international trade face .

It is the risk which currency exchange rates would fluctuate after the firm has taken a financial obligation .

The high level of vulnerability to shift the exchange rates can lead to the loss of the major capital for the international business .

Hence from the information of the question , the correct answer is  d. Transactions exposure .

5 0
3 years ago
list some financial information you'd like to learn about and why is it important for building your financial future?​
Katyanochek1 [597]

Answer:

Firstly, I would like to decide I want to be self-employed or go for a job. Then I will find the plus point of each of the above. I will find in deep the benefits, and then decide which to choose. However, my interest will be the first thing to think of while selecting one out of the two. Then I will find what type of loans can I get, or how to find the investors if I opt for self-employment and hence business, And then I will decide which type of business to start like as a sole proprietor or public-private or various others. Then I will find the tax-related details. Also what tax benefits I will be getting if I opt for a job or self-employment. Thus, I now end up with all important financial details, however, I will also study a nit of accounts if I opt for self-employment.

All the above are important for building a financial future as without this information we cannot complete our financial activities, Like if we do not have the tax information, we will not be able to fill our taxes properly no matter we are self-employed or doing a job. Also for self-employment and our own business, we need investment, and for that, we need to find out the investors, Also we need to find out the loans that are available to us as then only we will be able to arrange money when required. And we need to know what is right for us, self-employment or a job.

Explanation:

Please check the answer.

7 0
3 years ago
Austin works as a tutor for $9 an hour and as a waiter for $11 an hour. This month, he worked a combined total of 86 hours at hi
erma4kov [3.2K]

Answer:

total dollar amount he earned this month is 946 - 2 t

Explanation:

given data

tutor = $9

waiter = $11

total time = 86 hours

to find out

total amount earned

solution

as given we consider here no of hours as tutor work = t

so as waiter he work for no of hours = ( 86 - t )

so here

total amount is earned is 9 × t + 11 ×  ( 86 - t )    

total amount is earned = 9 t + 946 - 11 t

total amount is earned =  946 - 2 t

so total dollar amount he earned this month is 946 - 2 t

6 0
3 years ago
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