Marginal revenue product of the second worker is $20.
Answer:
In this case, Ajay's company is an <u>ethnocentric company</u>
Explanation:
- The <u>ethnocentric company</u> refers to a company who hire staff of the same nationality as the Parent company.
- In the above question the nationality of the company is Indian and the company prefer to hire staffs from the different regions of its Parent company.(i.e India)
He may file Form 1040.
Explanation:
Form 1040 is the IRS standard form which is used by individual taxpayers to file their annual tax reports.
Form 1040 is the IRS tax form used mostly for personal tax returns submitted by US citizens by the federal government. Form 1040 is a form. The method estimates the taxpayer's gross taxable income and specifies how much the government has to pay or repay.
Who can file? If a person passes the Substantial Appearance Test or the Green Card Test, but some cases exist; people who have a taxable earnings in the US, but refuse to meet the obligation to be resident aliens, must register for taxation purposes for non-resident aliens.
Explanation:
The Journal Entry is given below:-
a. Cash Dr, 8400
Accounts receivable 8400
(Being the Cash received)
b. Supplies Dr, 2500
Office equipment 2500
(Being the reserve entry is recorded)
Supplies Dr, 2500
Accounts payable 2500
(Being the supply is purchased)
