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Mkey [24]
3 years ago
11

Eva received $68,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $13,500 in business expenses relating to

her work for JAZZ Corp. JAZZ did not reimburse Eva for any of these expenses. Eva is single and she deducts a standard deduction of $12,000. Based on these facts answer the following questions: Use Tax Rate Schedule for reference.
a. Assume that Eva is considered to be an employee. What amount of FICA taxes is she required to pay for the year?
b. Assume that Eva is considered to be an employee. What is her regular income tax liability for the year?
c. Assume that Eva is considered to be a self-employed contractor. What is her self-employment tax liability and additional Medicare tax liability for the year?
Business
1 answer:
navik [9.2K]3 years ago
6 0

I got answer b but you may wanna double check

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Repairing the roof, recoating the driveways, replacing lighting, and cleaning out the gutters on an apartment building are consi
slega [8]

Answer: Preventative maintenance and also it is needed for maintaining the value of the property

Explanation:

  According to the given question, the process of replacing all the lighting system in the apartment and also re-coating, cleaning all the building is one of the process of preventive maintenance as it helps in regularly maintain and clean the building the so that the value of the property remain the same.

 The main objective of the preventive maintenance is that it helps in improve the overall performance and taking various types of safety measures for improving the condition of the property.    

The given jobs is considering as the preventive maintenance for the purpose of maintaining the actual value of the apartment. Therefore, The given answer is correct.  

3 0
4 years ago
You are CEO of Rivet​ Networks, maker of​ ultra-high performance network cards for gaming​ computers, and you are considering wh
alex41 [277]

Answer:

A)

year          cash inflows        cash outflows       net cash flows

0                       0                        -900,000              -900,000

1                 790,000                  -486,000               304,000

2                1,430,000                -806,000              624,000

3                786,500                  -484,250               302,250

4                432,575                  -307,288                125,287

5                 68,908                   -125,454                -56,546

B)

NPV 0% discount rate = $398,991

NPV 10% discount rate = $169,613

NPV 20% discount rate = -$725

NPV 30% discount rate = -$130,712

NPV 40% discount rate = -$232,241

C)

NPV 10.3% discount rate = $163,760

D)

almost 20%, since the IRR is the discount rate where NPV = $0

Actual IRR = 19.95%

7 0
3 years ago
The following table shows a simplified consolidated balance sheet for the entire
denis-greek [22]

Answer:

Kindly check explanation

Explanation:

Excess reserve = (Actual reserve - required reserve)

Required reserve = reserve ratio × Checkable deposit

Required reserve = 0.25 × $400 billion

Required reserve = $100 billion

Excess reserve = $96 - $100 = - $4billion

B) money multiplier = 1/ required reserve ratio

1/0.25 = 4

Maxumum amount that can be Lent = 4 × 4 = $16 million

If reserve ratio = 15%

Required reserve = 0.15 × $400 billion = $60 billion

Excess reserve = $96 - $60 = $36 billion

Monetary multiplier = 1/ 0.15 = 6.667

Maximum amount of loan = 6.667 × 36 = $240 billion

3 0
3 years ago
What are four steps I should take to prepare for a records management career?
irakobra [83]

For one to have a career in records management. They should follow the follow the following steps:

<span>1. Study for an undergraduate degree in either computer science, library studies,       management or business administration.</span>

<span>2.    Enroll into an entry level records management position</span>

<span>3.    Gain enough experience </span>

<span>4.    Enroll for more courses to get skills and certifications and climb up the ranks</span>

8 0
4 years ago
What is the process of taking decision in the office?​
Black_prince [1.1K]

Answer:

dress code, smile, thinking cap, and due process

Explanation:

u must have all of them to complete your job. if u not fit for work you not going to have a nice day. you must think the due process through and follow guidelines

4 0
3 years ago
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