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VikaD [51]
4 years ago
8

Tim, a single taxpayer, receives $500 of qualified dividends from Exxon in the current year. His taxable income before the divid

ends is $26,000. Tim’s tax on the dividends will be:
Business
1 answer:
Dominik [7]4 years ago
7 0

Answer:

Tax on dividends will be $0.

Explanation:

Investors which have ordinary income taxable at 10% or 12% (income up to $39,475 as per 2019-20 tax brackets), applicable tax rate on their qualified dividends is 0%.

Investors which pay income tax rates ranging from 12%-35% have a 15% tax rate on qualified dividends.

The tax rate on qualified dividends is capped at 20%, which is for individuals lying in the band of 35% or 37%.

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Dr. judd is convinced that psychological disorders result largely from stressful social situations rather than from disturbances
Lyrx [107]

ANSWER- COMMUNITY PSYCHOLOGISTS

 

Based on Dr. Judd’s conviction, that psychological disorders occur predominantly as a result of stressful social situations, rather than from disturbances within the individual personality. His belief is most consistent with the assumptions of community psychologists

7 0
3 years ago
Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, workmen's compens
olya-2409 [2.1K]

Answer: assuming Given the pay rate $7.0 and hours worked is 30 hours

Gross earnings = 7 x 30 = $210

Compensation insurance = 2% x $210 = $4.2

state unemployment insurance = 4% x $210 = $8.4

total deductions = 4.2 + 8.4 = $12.6

net pay = 210 - 12.6 = $197.4

Explanation:

Gross earnings  = the pay rate x hours worked

Compensation insurance = 2% of gross earnings

unemployment insurance = 4% of gross earnings

total deductions = Compensation insurance+unemployment insurance

net pay = Gross earnings - otal deductions

3 0
3 years ago
Government's role is to create and enforce laws that:
vazorg [7]

Answer:

Balance the relationship between business and society.

Explanation:

Government regulates both society and business.

The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.

Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.

I hope my answer helps you.

5 0
3 years ago
During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 we
Norma-Jean [14]

Answer:

The correct answer is:

Expenditures—2017 in the amount of $200. (C.)

Explanation:

This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?

This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.

5 0
3 years ago
Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks. what type of
Arada [10]
The fact that Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks means that Madison is planning to create a flat type of organization. The units and positions within the flat organization are flat distributed, which means there are <span>few or no levels of middle management between staff and executives.</span>
8 0
3 years ago
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