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konstantin123 [22]
2 years ago
8

What are the three main categories of a tax return?

Business
1 answer:
Gennadij [26K]2 years ago
7 0

Answer:

1040, 1040A and 1040EZ

Explanation:

hope this helps

You might be interested in
An opportunity cost: Multiple Choice Is an unavoidable cost because it remains the same regardless of the alternativ
Diano4ka-milaya [45]

Answer:

Is the potential benefit lost by choosing a specific alternativecourse of action among two or more.

Explanation:

This question is incomplete. The complete question can be found here: https://www.chegg.com/homework-help/questions-and-answers/opportunity-cost--unavoidable-cost-remains-regardless-alternative-chosen-b-requires-curren-q10956439

Here is the complete question:

An opportunity cost:

Is an unavoidable cost because it remains the same regardless ofthe alternative chosen.

Requires a current outlay of cash.

Results from past managerial decisions.

Is the potential benefit lost by choosing a specific alternativecourse of action among two or more.

Is irrelevant in decision making because it occurred in the past.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

An example of opportunity cost :

Martha has three options : Start her company, remain employed or go on vacation. If she leaves her job to start her company she would earn $5,000,000 per year. She earns $1 million where she works. She values vacation at $2 million.

If she decides to stay employed, her opportunity cost is $5 million. The amount she would have made if she started her company.

If she decides to start her company, her opportunity cost is $2 million. The amount she values vacation

Opportunity cost doesn't remain the same regardless of the option taken.

If martha wants to maximise profit , she would start her business because if yields the highest payoffs. Opportunity cost is relevant to making decisions.

I hope my answer helps you

8 0
3 years ago
Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which
Nutka1998 [239]

Answer:

your father originally invest is $13035.72

Explanation:

given data

investment time = 33 years

interest rate = 4.25 percent

totaled $51,480.79

solution

we get present value by future value formula that is

future value = present value × (1+r)^{t}    .........................1

put here value and we get

$51480.79 =  present value × (1+0.0425)^{33}

solve it we get

present value = $13035.72

so your father originally invest is $13035.72

8 0
3 years ago
A simple economy produces two goods, Bread and Technical Manuals. Price and quantity data are as follows:Production and Prices i
DENIUS [597]

Answer: (1) 120,675

(2) 60,450

Explanation:

(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price × Year 2 quantity)

                                              = 150 × 4.50 + 1,200 × 100

                                              = 675 + 120,000

                                            = 120,675

(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)

                                        = 3 × 150 + 50 × 1200

                                       = 450 + 60,000

                                        = 60,450

4 0
3 years ago
Matt inherited as a trust a fifteen-year annuity-immediate with annual payments. He has been told that the annuity payments earn
Pavel [41]

Answer:

effective annual interest rate = 6.32%

annual payment = $1,585

Explanation:

I believe that this is an ordinary annuity, so we can use the future and present value of an ordinary annuity formula:

FV = annual payment x FV annuity factor, so annual payment = FV / FV annuity factor

PV = annual payment x PV annuity factor, so annual payment = PV / PV annuity factor

we can equal both equations:

PV / PV annuity factor = FV / FV annuity factor

FV / PV = FV annuity factor / PV annuity factor

$37,804.39 / $15,077.10 = FV annuity factor / PV annuity factor

2.5074 = FV annuity factor / PV annuity factor

the easiest way to solve this is to use an annuity table since we already know that there are 15 periods (I used an excel spreadsheet):

%,15 periods      FV annuity factor     PV annuity factor        FV/PV

1                                 16.097                   13.865                      1.1609

2                                17.293                   12.849                      1.34586

3                                18.599                    11.938                      1.55797

4                               20.024                     11.118                       1.80104

5                                21.579                   10.380                      2.07890

<u>6                               23.276                   9.7122                       2.3966</u>

<u>7                                25.129                   9.1079                       2.7590</u>

8                                27.152                   8.5595                       3.1721

9                                29.361                   8.0607                      3.6425

10                               31.772                   7.6061                         4.4112

The interest rate must be between 6 and 7%:

%,15 periods      FV annuity factor     PV annuity factor        FV/PV

6                               23.276                   9.7122                       2.3966

6.1                             23.45404              9.6461                       2.43145

6.2                            23.63369              9.5858                      2.46549

6.3                            23.81491               9.52467                     2.50034

6.31                           23.83312               9.51851                     2.50387

<u>6.32                          23.85135               9.51236                     2.5074</u>

6.4                            23.99773              9.46337                     2.53585

effective interest rate = 6.32% per year

annual payment = $37,804.39 / 23.85135 = $1,585

           

6 0
2 years ago
Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers thanks to their com
balu736 [363]

The competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.

<h3>What is the competitive capability?</h3>

Competitive capability relates to the unique ability possess by a company over other competitors.

In this case, the Gymtastic possess the competitive capability called Flexibility.

In conclusion, the competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.

Read more about Competitive capability

<em>brainly.com/question/5319576</em>

4 0
2 years ago
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