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iren [92.7K]
3 years ago
14

Ewunia Corporation hires nine individuals on January 2, 2020, all of whom qualify for the work opportunity credit. Two of these

individuals receive wages of $11,000 during 2020, and each individual works more than 400 hours during the year. The other seven individuals each work 230 hours and receive wages of $6,600 during the year. a. Calculate the amount of Ewunia's work opportunity credit. $fill in the blank 1 b. If Ewunia pays total wages of $235,000 to its employees during the year, how much of this amount can Ewunia deduct, assuming the work opportunity credit is taken
Business
1 answer:
svlad2 [7]3 years ago
6 0

Answer:

fgyhujikol

Explanation:

cgvbnjm

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For the past 60 years, _____ have been applied to structured tasks such as record keeping, simple clerical operations, and inven
natali 33 [55]

Answer:

<u>Transaction - processing systems</u>

<u>Explanation:</u>

For simplicity, since record-keeping, simple clerical operations, and inventory control are all related to transactions, then transaction-processing systems refer to systems that ensure that such transactions are successfully carried out.

For example, online retail outlets use transaction-processing systems to control inventory, as this system is responsible for noting every successful order of their listing page.

4 0
3 years ago
Jamarcus, a full-time student, earned $3,700 this year from a summer job. He had no other income this year and will have zero fe
eimsori [14]

Answer:

C. Jamarcus is not required to file an income tax return because his gross income of $3,700 is well below the gross income threshold for a single taxpayer. However, he should file a taxreturn to receive a refund of the $481 previously withheld.

Explanation:

since Jamarcus income is %3700 and is below the gross income threshold for a single taxpayer so he should file a tax return to receive a refund of $481.

4 0
3 years ago
g On July 1, Alton Co. issued an $60,500, 10%, 120-day note payable to Seller Co. Assume that the fiscal year of Alton Co. ends
irakobra [83]

Answer:

The interest expense is $521  

Explanation:

The amount of interest expense for the fiscal year is the interest expense of 31 days which ,in other words the interest incurred only in the month of July ,calculated thus:

interest expense=days in the month/360days*interest rate*loan amount

interest expense=31/360*10%*$60,500=$ 521  

The interest expense for the current fiscal year rounded to the nearest dollar amount is $ 521  

8 0
3 years ago
You need a 30-year, fixed-rate mortgage to buy a new home for $210,000. Your mortgage bank will lend you the money at a 7.1 perc
miskamm [114]

Answer:

$573,963

Explanation:

First, calculate the present value of the loan payments using the following formula

PVA = PMT x [ ( 1 + r )^n - 1 ] / [ r ( 1 + r )^n)

PVA = $950 x [ ( 1 + 7.1%/12 )^360 - 1] / [ 7.1%/12 ( 1 + 7.1%/12 )^360)

PVA =  $141,362.32  

Now calculate the difference of Value of loan and the present value of loan payment

Difference = Loan value - PV of loan payment = $210,000 - $141,362.32 = $68,637.68

This te Ballon payment in present value term, We need to determine the value at the end of the loan term.

Hence we need to calculate the future value of this payment as follow

Future value = Present vale x ( 1 + Monthly Interest rate )^numbers of months

Future value = $68,637.68 x ( 1 + 7.1%/12 )^360

Future value = $573,963.09

Future value = $573,963

Hence the ballon Payment will be $573,963

7 0
3 years ago
Denise Hunter had Thomasville brand living room furniture and wanted to buy a particular chair of the same brand. She made a few
miskamm [114]

Answer:

a specialty product

Explanation:

Based on the scenario being described within the question it can be said that For Denise, the chair can be categorized as being a specialty product. This is a product that very specific individuals will seek to purchase due to the product's unique characteristics or the individuals loyalty to a specific brand. Which is the case with Denise, since she is loyal to the brand and wanted a chair only from that specific brand.

7 0
3 years ago
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