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3 years ago

What is the purpose of the 1040 series of tax forms?

Business

1 answer:

nignag [31]3 years ago

4 0

Answer:

To file individual tax returns

Explanation:

The IRS 1040 form is a formal document from the IRS that individual taxpayers in the US use to file tax returns. It is a form for filing personal tax returns by US residents. Form 1040 assist an individual in calculating the amount of taxable income. It helps determine the tax amount due or amount of refund to claim from the IRS.

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Assume that Cane normally produces and sells 79,000 Betas and 99,000 Alphas per year. If Cane discontinues the Beta product line

mariarad [96]

The financial advantage (disadvantage) of discontinuing the Beta product line is take contribution margin of dropped product as a negative, add traceable fixed OH of dropped product.

<h3>Beta product line</h3>

In order to find any defects or difficulties before a general release, beta product line testing gives actual users the chance to utilize a product in a production setting. Before making a product available to a large public, beta product line testing is the last stage of testing. The goal is to find as many defects or usability problems in this confined environment as you can.

A production environment using the same hardware, networks, etc. as the final release is used by beta testers, who are "actual" users, to do their testing. Additionally, since these tests cannot be carried out in a lab or stage setting, this presents the first opportunity for comprehensive security and reliability testing.

Learn more about beta product line here:

brainly.com/question/23031663

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7 0

2 years ago

Assume that the CAPM holds. One stock has an expected return of 8% and a beta of 0.5. Another stock has an expected return of 13

Zolol [24]

Answer:

10.5%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For one stock

8% = Risk-free rate of return + 0.5 × (Market rate of return - Risk-free rate of return)

8% = Risk-free rate of return + 0.5 × Market rate of return - 0.5 × Risk-free rate of return

8% = 0.5 × Risk-free rate of return + 0.5 × Market rate of return

8% ÷ 0.5 = Risk-free rate of return + Market rate of return

So, Risk-free rate of return + Market rate of return = 16

Risk-free rate of return = 16 - Market rate of return - 1

For another stock

13% = Risk-free rate of return + 1.5 × (Market rate of return - Risk-free rate of return)

13% = Risk-free rate of return + 1.5 × Market rate of return - 1.5 × Risk-free rate of return

13% = - 0.5 × Risk-free rate of return + 1.5 × Market rate of return - 2

Now put these equations together

13% = - 0.5 × (16 - Market rate of return) + 1.5 × Market rate of return

13% = - 8 + 0.5 × Market rate of return + 1.5 × Market rate of return

So, Market rate of return would be

= 21 ÷ 2

= 10.5%

4 0

3 years ago

True or false? Inbound means creating marketing and sales that people love by providing helpful content and resources that attra

Ann [662]

Answer:

true

Explanation:

inbound enables business to generate leads at lower cost. it simplifies jobs of marketing and sales, increase visibility and brand awareness, educate prospect in the digital world and increase trust and credibility. all of these helps creating marketing and sales that people love by providing helping content and resources that attracts people to you.

6 0

4 years ago

You have the following information on Olivia's Bridle Shop: total liabilities and equity = $65 million, current liabilities = $1

Pepsi [2]

Answer:

Total Fixed Assets = 20 million

Explanation:

Total liabilities and equity = $65 million

Current liabilities = $10 million

Inventory = $15 million

Quick ratio = 3 times.

As we know

Total liabilities and equity = Total Assets

65 Million = Total Fixed Assets + Total Current Assets

65 Million = Total Fixed Assets + 45 million

Total Fixed Assets = 65 million - 45 million

Total Fixed Assets = 20 million

Quick Ratio = ( Total Current Assets - Inventory ) / Total Current Liabilities

3 = ( Total Current Assets - 15 million ) / $10 Million

3 x $10 Million = Total Current Assets - 15 million

30 million = Total Current Assets - 15 million

30 million + 15 million = Total Current Assets

Total Current Assets = 45 Million

8 0

3 years ago

Tyler Young sells a diverse line of conveyor systems to small manufacturers. He has found that he is most successful when he use

WARRIOR [948]

Answer:

The correct answer is letter "C": consultative selling approach.

Explanation:

The consultative selling approach is a method of sale that requires vendor-customer engagement to provide consumer personalized experience by pointing out solutions out of open questions according to the customers' needs. Normally, vendors do not follow sales speeches to attract the consumers' attention but they improvise identifying the potential reason why customers would purchase a product.

3 0

4 years ago