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Alexeev081 [22]

3 years ago

8

Jane refused on the basis that she never gave refunds and that Bob took the risk that the painting was not done by Bill. Should

Bob sue in small claims court, who will likely win and why?

1 answer:

Vitek1552 [10]3 years ago

8 0

No, because Jane will win in a small claims court because it is not done in a federal court which is needed for this situation

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You just won the lottery, which promises you $440,000 per year for the next 20 years. You receive the first payment today (hint:

Luda [366]

Answer:

You sell the money for more

Explanation:

4 0

2 years ago

In the rational choice decision process model, which of the following immediately follows the step where possible choices have b

nata0808 [166]

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

In the rational choice decision process model, it is a series of process whereby steps are taking towards making a beneficial decision for a given business setup. <em>In a situation where </em><u><em>possible choices has been discovered,</em></u><em> the next step would be </em><u><em>to select the choice with the highest value which is going to be implemented.</em></u>

3 0

3 years ago

Assume you deposit $5,000 at the end of each year into an account paying 9.5 percent interest. a. How much money will you have i

alekssr [168]

Answer: $242,567.27

Explanation:

The $5,000 is an annuity as it is being paid every year and is a constant amount.

The value in 19 years is the future value of this annuity:

Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate

= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%

= $242,567.27

8 0

3 years ago

true or false: self-employed taxpayers pay the employee portion of the fica tax burden through self-employment taxes, but they a

Contact [7]

self-employed taxpayers pay the employee portion of the fica tax burden through self-employment taxes, but they are exempt from paying the employer portion . This statement is false.

Tax payment for self employed?

The practice of working independently rather than for an employer is known as self-employment.If a person chooses to be recognized as a self-employed individual or is generating income for which a tax return must be filed, tax authorities will typically view them as such.The crucial question for tax authorities in the real world is not whether a person is engaged in a business activity—which is still referred to as "trading" when referring to the provision of a service—but rather whether the activity is profitable and, as a result, potentially subject to taxation.To put it another way, the tax authorities generally ignore occasional and hobby- or enthusiast-based economic activity because trading is likely to be ignored if there is no profit.People who work for themselves are typically referred to as sole proprietors (or sole traders), independent contractors, or partners.

to know more about taxation for self employment from the given link

brainly.com/question/28402044

#SPJ4

4 0

2 years ago

On December 31, 2020, Jackson Company had 100,000 shares of common stock outstanding and 24,000 shares of 7%, $50 par, cumulativ

GrogVix [38]

Answer:

Basic earning per share = 1.01 per share

Diluted earning per share = = 0.95 per share

Explanation:

The computation of basic earning per share and diluted earning per share is shown below:-

Income after 7% dividend on cumulative preference share = Net income - (Shares percentage × Shares × par, cumulative preferred stock outstanding)

= $172,905 - (7% × 24,000 × $50)

= $172,905 - $84,000

= 88,905

We assume the closing of books company are closed on 31 Dec so according to that 3 months are taken from Oct to Dec and 10 months are taken from March to Dec

Outstanding shares = Shares of common stock - (Purchased shares × 10 ÷ 12) + (Sold treasury shares × 3 ÷ 12)

= 100,000 - (16,000 × 10 ÷ 12) + (5,200 × 3 ÷ 12)

= 100,000 - 13,333 + 1,300

= 87,967

Now,

Basic earning per share = 88,905 ÷ 87,967

= 1.01 per share

Diluted earning per share

shares to be buy back with proceeds = (42,000 × $27) ÷ $31

= 36,580

Difference = Option to be exercised - Outstanding shares

= 42,000 - 36,580

= 5,420

Outstanding shares = 87,967 + 5,420

= 93,387

So,

Diluted earning per share = 88,905 ÷ 93,387

= 0.95 per share

7 0

3 years ago