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n200080 [17]
3 years ago
9

The advantage of being self-employed (rather than being an employee) is: A. The overall limitation (50%) on meals does not apply

. B. Job-related expenses are deductions for AGI. C. The self-employment tax is lower than the Social Security tax. D. To avoid the self-employment tax. E. All of the self-employment tax deductible for income tax purposes.
Business
1 answer:
Vladimir79 [104]3 years ago
3 0

Answer:

B.  Job-related expenses are deductions for AGI.

Explanation:

A person is said to be self-employed if he is working for oneself rather than for an employer as a freelancer or the owner of a business.

Adjusted gross income (AGI) refers to the measure of income calculated from your gross income. AGI is used to determine the amount of tax.

The advantage of being self-employed (rather than being an employee) is j<u>ob-related expenses are deductions for AGI.</u>

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What is the Federal Reserve System able to do?
ExtremeBDS [4]

Answer:

c

Explanation:

The federal reserve systems responsibilities include influencing the supply of money and credit to banks

3 0
2 years ago
A number of activities that are a part of a company's quality control system are listed below.
Karolina [17]

Answer:

Following is the classification of  the costs associated with each of these activities that is prevention cost, appraisal cost, internal failure cost, or external failure cost.

(a) Product testing  - Appraisal Cost

(b) Product recall  - External Failures

(c) Product design  - Prevention cost

(d) Quality circle  - Prevention cost

(e) Inspection of goods - Appraisal Cost

Explantion cost:

Appraisal costs are costs incurred to detect defects in the poduct produce. Prevention cost are cost incurred to prevent detects in the product produce.

Internal failure costs are costs incurred to remove defects found before the customer receives the product or service. External failure costs are costs incurred to remove defects found after the customer receives the product or service.

8 0
3 years ago
Jake manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
poizon [28]

Answer:

The given condition is an example of:

A. Menu costs

Explanation:

In the given question mentioning data is that

Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.

On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.

So, he thought of buying all the items he is needing as for the next two weeks  in order of prevention of the money in his wallet from losing value due to high inflation rates.

And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.

So all this were an example of :

A. Menu costs

7 0
3 years ago
What does this article say about being on time ?
meriva

Answer:

About being on time, this article reveals:

1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.

2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.

Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

5 0
3 years ago
Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits an
ikadub [295]

Answer:

$ 226.04

Explanation:

Given:

Paying fund, FV = $ 30000

Interest rate, i = 2%

Time, t = 10 years

Now,

\textup{PMT}=\textup{FV}[\frac{i}{(1+i)^n-1}]

since, the payment is made monthly

thus,

n = 10 × 12 = 120 months

i = 2% / 12 = 0.02 / 12

on substituting the values in the above equation, we get

PMT={30000}[\frac{\frac{0.02}{12}}{(1+{\frac{0.02}{12}})^{120}-1}]

or

PMT = $ 226.04

3 0
3 years ago
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