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3 years ago

Why is a w-2 form so important

Business

1 answer:

amm18123 years ago

7 0

Answer:

The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.

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Isaac Inc. began operations in January 2021. For some property sales, Isaac recognizes income in the period of sale for financia

Ivenika [448]

Answer:

$135million

Explanation:

The Deferred tax liability which isaac would report in its year-end 2021 balance sheet = Temporary difference for installment sales to be reversed in 2022, 2023, 2024 and 2025 * Tax rate

= ($120m + $120m + $150m + $150m) * 25%

= $540 million * 25%

= $135 million

7 0

3 years ago

Read 2 more answers

________ is the management of the network of interconnected steps involved in the provision of product and service packages.

inn [45]

Answer:

Management

Explanation:

4 0

3 years ago

Molen Inc. has an outstanding issue of common stock with an annual dividend of $8.50 per share. The stock's annual dividend is e

Pavel [41]

Answer:

price stock sell today is $141.67

Explanation:

given data

annual dividend = $8.50

stock = 6.0% = 0.06

to find out

what price stock sell today

solution

we know that here annual dividend and stock rate

so will find stock sell today by given formula that is

stock sell today = annual dividend / stock .............1

put here all these value

stock sell today = annual dividend / stock

stock sell today = 8.50 / 0.06

stock sell today = 141.67

so price stock sell today is $141.67

4 0

4 years ago

1.14 When the wages per worker in the metal-working industry increases, the supply curve of

yuradex [85]

Answer:

false it will shift to the left

6 0

3 years ago

Friendly's quick loans, inc., offers you $5.25 today but you must repay $6.45 when you get your paycheck in one week (or else).

LenaWriter [7]

For simplicity, we will assume 52 weeks in a year (instead of 365 days).
The rate of interest per week actually charged is
$6.45/5.25-1$
$=1.2285714-1$
$=0.22857142857$
$=22.85714%$

Effective Annual Rate (EAR) is obtained by <em>compounding</em> the weekly rate for one year (52 weeks)
$EAR=(1+i)^n-1$
$=(1+.228571428571428)^52-1$
$=44546.2997$
=4454629.97%
note: most calculators may not display this value with sufficient accuracy.

The corresponding APR is obtained by <em>multiplying</em> the weekly rate by 52
$APR=52*(6.45/5.25-1)$
$=52(6.45/5.25-1)$
$=11.885714$
=1188.57%

8 0

3 years ago