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3 years ago

How does earned income, like wages, differ from unearned income, like interest or rental

Business

1 answer:

Gemiola [76]3 years ago

6 0

Answer:

Your tax liability is based on your overall income, so it's important to understand the different types of income and how the IRS treats them. Earned income and unearned income each include diverse forms of payments and have unique tax implications.

Explanation: Hope this helps <3

You might be interested in

You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans

photoshop1234 [79]

Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!

8 0

3 years ago

Brewery Company’s debt to Credit Service is past due. Credit obtains a judgment against Brewery, but the firm refuses to pay. Cr

aivan3 [116]

Answer:

mechanic's lien

Explanation:

From the question we are informed about how Brewery Company’s debt to Credit Service is past due. Credit obtains a judgment against Brewery, but the firm refuses to pay. Credit asks the court to order the seizure of Brewery’s property. In this case, This is a request for mechanic's lien.

Mechanic's lien can be regarded as security interest as regards title of a particular property, this is for the gains of everyone that are involved in supplier of labor as well as materials for the improvement of the property. The lien covers the real property as well as personal property. Mechanic's lien can be regarded as guarantee of payment for contractors as well as construction firms that are involved in building or repairing of structures.

5 0

3 years ago

2. How could you assess whether new office designs are improving the organizational culture

juin [17]

Answer:A proper office layout is the key to a high performance office. This means both good performance from your employees but also your business. Companies that have a great culture are highly sought after by prospective employees and can provide a competitive advantage in both hiring and retaining staff.

Explanation:

7 0

2 years ago

An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the total time for all tasks is 18 minute

Leya [2.2K]

Answer

a)Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

b)=187.5 units per day and 25 units per day

c) 8 workstation

d)2.6min/cycle

Explanation:

Given:

output rate = 125 units per day

Operating time= 450 minutes per day

What are the minimum and maximum cycle times?

Minimum Cycle time = duration of the longest task

Therefore,Minimum cycle time = 2.4 minutes

Maximum cycle time = addition of the task

Maximum Cycle Time = 18 minutes

Therefore, Minumum cycle time = 2.4 Minutes And Maximum cycle time = 18 Minutes

B)B)What range of daily output is theoretically possible for the line?

Range of daily output = Operating time / minimum Cycle time

At 2.4 minutes Cycletime

= 450/2.4

=187.5 units per day

At Cycle time 18 Minutes

= 450/18

Cycle time 18 minutes = 25 units per day

C)What is the minimum number of workstations needed if the maximum output rate is to be sought?

number of workstation=(D× summation of all task)/Operating time

number of workstation=(187.5*18)/450

= 7.5= 8 workstation

D)What cycle time will provide an output rate of 125 units per day?

cycle time= Operating time/output rate

=450/125

= 2.6min/cycle

3 0

3 years ago

A firm is evaluating two mutually exclusive projects that have unequal lives. The firm must evaluate the projects using the annu

romanna [79]

Answer:

B. Choose Project S because its ANPV is $6459

Explanation:

The computation is shown below:

Year Discounting factor at 14% Project R PV of project R Project S PV of project S

0 1 -$40,000 -$40,000 -$58,000 -$58,000

1 0.8772 $20,000 $17,544 $30,000 $26,316

2 0.7695 $20,000 $15,389 $55,000 $42,321

3 0.6750 $20,000 $13,499

4 0.5921 $20,000 $11,842

NPV $18,274 $10,636

where discounting factor for year 1 = 1 ÷ 1.14 = 0.8772

So,

ANPV for project R = 18274 ÷ 2.9137 = $6272

ANPV for project S = 10636 ÷ 1.6467 = $6459

The 2.9137 is cumulative discounting factor for 4 years & 1.6467 is cumulative discounting factor for 2 years at 14%

3 0

3 years ago