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Aliun [14]
2 years ago
5

If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1

040 ta
return form?
$24,902.21
$23,562.55
$2,679.32
$26,241.87
Business
2 answers:
Harrizon [31]2 years ago
8 0

Answer:

Explanation:

$26,241.67

alina1380 [7]2 years ago
7 0
The answer is $26,241.87
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Suppose a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value. The Lexus sells for 6,000,000 Japanese yen i
yarga [219]

Answer:

1 EUR = 120 JPY

Explanation:

As the purchasing power parity theory, the exchange rate of currency 1 to currency 2  = Cost of good  in currency 1 / cost of same valued item  in currency 2

In this case,  a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro

= price of Lexus in Tokyo/ price of Mercedes  in Stuttgart

= 6,000,000 JPY/ 50,000 EUR

= 120 JPY/EUR

3 0
3 years ago
Age Group Accounts Receivable Estimated Loss % 0-30 days past due $110,000 1% 31-60 days past due 40,000 2 61-120 days past due
icang [17]

Answer:

The answer is attached below

Explanation:

7 0
3 years ago
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Virginia owns 100% of Goshawk Company. In the current year, Goshawk Company sells a capital asset (held for three years) at a lo
kumpel [21]

Answer:

a)  If Goshawk is a proprietorship, only $21000 long-term capital loss can be deducted in the current year. The remaining $19000 net capital loss is carried forward and then carried back

b)  If Goshawk is a C corporation, only $ 18000 long-term capital loss can be deducted in the current year. The remaining $22000 net capital loss is carried back and then forward of Item 2.

Explanation:

The gain or loss on the sale of a property is said to be the difference between between the realized value of goods and its adjusted basis. When there is a gain the realized value would be greater than the adjusted basis, while when there's loss the realized value would be less than the adjusted basis.

A) In this case, if Goshawk is a proprietorship, only $21,000 of the $40,000 long-term capital loss can be deducted in the current year. The loss will offset the short-term capital gain of $18,000 first; then, an additional $3,000 of the loss may be utilized as a deduction against ordinary income. The remaining $19,000 net capital loss is carried forward to next year and years thereafter until completely deducted. The capital loss carryover retains its character as long term.

B) If Goshawk is a C corporation, $18,000 short term capital gain can be set off for long term capital loss. Then the remaining $22,000($40,000 - $18,000) will be carried backwards

3 0
3 years ago
Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in
hammer [34]

Answer:

Padding estimates.

Explanation:

Padding the budget means making the budget proposal larger than the actual estimates for the project. This is done either by increasing a project's expenses or decreasing its expected revenue.

3 0
3 years ago
At Dreher Products, management establishes monthly goals for its manufacturing teams but team members are free to determine work
sergey [27]

Answer:

Autonomy

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correct answer is Autonomy because Autonomy is the ability to make informed, immoral decision-making, and especially in moral psychology and moral psychology and morality. Autonomous bodies or organizations are autonomous or autonomous. Autonomy can also be defined from the human resources perspective, where it refers to the level of discretion given to an employee in his or her work.

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