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Dennis_Churaev [7]
3 years ago
14

John has a gross income of $60,000. He is single and is choosing to take a deduction for all single people amounting to $6,300.

What does this $6,300 represent? a standard deduction an itemized deduction an earned income credit an adjusted gross income
Business
1 answer:
olasank [31]3 years ago
6 0

Answer:

A standard deduction

Explanation:

John is taking a standard deduction. A standard deduction is deduction on taxable income that the IRS allows for individuals that are not making use of itemized deductions to reduce their income tax. Standard deduction may apply to people based on status, age, disability or other criteria listed.

Standard deduction is different from itemized deduction and both cannot be used together. Itemized deduction applies by listing allowable expenses that are deducted from taxable income such as charity donations, property, medical expenses etc.

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Customer response time is: A. the time taken for value to be placed on a company's products by customers. B. the time taken for
Whitepunk [10]

There are ways to treat a customer. Customer response time is the time taken for a good to be delivered or a service to be performed.

<h3>What is Customer response time?</h3>

Customer response time is known to be the timeframe or period between the placement of a said order and the date of the delivery goods or services.

It is also known as the time between when a customer is said to makes a certain inquiry about a specific product or make a purchase of good or service and when it is said to be received by the customer.

Learn more about  Customer from

brainly.com/question/26313265

4 0
2 years ago
Sanders Inc. claims that it only uses organic cleaning products in its janitorial services. In reality, the company buys whateve
labwork [276]

Sanders Inc. claims that it only uses organic cleaning products in its janitorial services. In reality, the company buys whatever is cheapest in bulk. This is an example of greenwashing.

Greenwashing is the system of conveying a false impression or supplying deceptive facts approximately how an agency's products are more environmentally sound. Greenwashing is taken into consideration by an unsubstantiated claim to lie to purchasers into believing that a agency's merchandise is environmentally friendly.

Greenwashing additionally called "green sheen", is a form of advertising and marketing spin wherein green PR and green advertising is deceptively used to influence the general public that an agency's merchandise, ambitions, and rules are environmentally friendly.

A traditional instance of greenwashing is when Volkswagen admitted to dishonest emissions tests by becoming diverse cars with a “defect” tool, with a software program that might discover whilst it changed into undergoing an emissions test and altering the overall performance to reduce the emissions degree.

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6 0
2 years ago
Lintner Beverage Corp. reported the following information from their financial statements:
sveticcg [70]

Answer:

Consider the following calculations

Explanation:

EBIT - Interest + Dividend Income ( 1 - 0.7) = EBT

$ 14.000.000 - $ 1.750.000 + $ 1.000.000 * 0.3 = $ 12.550.000

Base taxes for $ 10000000 = $ 3400000

( $ 12550000 - $ 10000000 ) *0.35 = $ 892500

$ 3400000 + $ 892500 = $ 4292500 in total taxes due

6 0
3 years ago
On November 1, 2021, New Morning Bakery signed a $191,000, 6%, six-month note payable with the amount borrowed plus accrued inte
rosijanka [135]

Answer:

$196,730

Explanation:

The note payable signed has an interest rate of 6% per year. Since the amount is paid back in 6-months, only half a period should be considered when calculating interests due. The total amount that New Morning Bakery should pay back on May 1, 2022 is given by:

A =\$191,000*(1+(0.06*0.5))\\A=\$196,730

The company will need to pay $196,730.

8 0
3 years ago
You want to evaluate three mutual funds using the information ratio measure for performance evaluation. The risk-free return dur
nataly862011 [7]

Answer:

The fund with the highest information ratio measure is Fund B.

Explanation:

From the information provided:

Definition: The information ratio measures and compares the active return of an investment compared to a benchmark index relative to the volatility of the active return.

Formula: RETURN ON THE MARKET PORTFOLIO / STANDARD DEVIATION

Let's use this formula to calculate for Fund A, Fund B and Fund C.

Fund A : (20 - 6 - 0.8) ( 19 - 6 ) / 4 = 0.9

Fund B : (21 - 6 - 1 ( 13 ) / 1.25 = 1.6

Fund C : (23 - 6 - 1.2) ( 13 ) / 1.2 = 1.167

Therefore, The fund with the highest information ratio measure is Fund B.

6 0
4 years ago
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