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3 years ago

The government tax for a sole proprietorships and a partnership is classified under

Business

2 answers:

guapka [62]3 years ago

7 0

Answer:

the answer is personal income

Pavlova-9 [17]3 years ago

4 0

Answer:

A. personal income

Explanation:

got it right on edgu 2021

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Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent. Oscar pays hi

AfilCa [17]

Answer:

The Oscar's fixed costs per month is $2,500

Explanation:

Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.

In the given question,

Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost

The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.

And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.

Hence, Oscar's fixed costs per month is $2,500

6 0

3 years ago

What are some of the things that japan produces?

Shalnov [3]

Japan produces many things. They produce many popular video games, foods, and toys.

6 0

3 years ago

Which of the following statements is the most correct regarding errors and fraud? Group of answer choices Errors are always frau

Sergio039 [100]

Answer:

An error is unintentional, whereas fraud is intentional.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Hence, the statement which is the most correct regarding errors and fraud is that, an error is an unintentional that can happen to any financial expert, whereas fraud is intentional.

3 0

2 years ago

An investor must decide between putting $2,000 into a regular retirement plan or putting $1,440 into a Roth retirement plan. If

Novosadov [1.4K]

Answer:

They both produced the same cash amount

Explanation:

The regular retirement would have its deducted after withdrawal from the plan while Roth retirement plan's tax would have been deducted prior to investing funds in the plan

The future value of the $2000 is computed thus:

FV=PV*(1+r)^n

PV is the amount saved in the plan which is $2000

r is the growth rate of the funds in the plan which is 12%

n is the number of years the amount would be left in the plan

FV=$2000*(1+12%)^20=$ 19,292.59

After tax amount=$ 19,292.59*(1-28%)=$ 13,890.66

The future value of the $1,440 is computed thus:

FV=$1,440*(1+12%)^20=$ 13,890.66

The Roth plan has not tax implication thereafter as tax was paid before savings.

7 0

3 years ago

After you compose your message, you need to proofread. The proofreading process may take longer than the composition process. Yo

murzikaleks [220]

Answer: The correct answers are Check for typos, misspellings, and grammatical errors. Print a copy of the document.

Explanation: In order to check properly for errors and correct them accordingly it is better to print a copy of the document.

This will help to manually check for typos, grammatical errors and misspellings by going over the topic sentence and reviewing the document line by line.

7 0

3 years ago