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Romashka-Z-Leto [24]
3 years ago
10

Dante worked 10 hours per week at a grocery store last school year, earning minimum wage. His parents claim him as a dependent o

n their taxes, and he realizes he doesn't legally have to file a federal tax return for the year. Why might he want to do so anyway?
Business
1 answer:
Marizza181 [45]3 years ago
3 0

Answer:

Dante might want to get a refund.

Explanation:

Assuming that Dante earned $72.50 per week x 50 weeks = $3,625 total yearly income. Maybe his employer deducted $500 as federal income tax withholding during the year. The only way that Dante can recover the $500 withheld is to file taxes and request a refund. Since he earns a very low salary, Dante doesn't need to pay income taxes.

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The owner of a store that sells fine-quality fabrics for home seamstresses bemoans the fact that few young women know how to do
podryga [215]

Answer:  This case is an example of <em><u>core competencies that further have turned into core rigidities.</u></em>

In this particular case , the store was capable of catering to the demands of the market. Thus providing excellent service and technical advice.

But with the dawn of an era, now the store is earning lower-than-average returns. Also this is to be pondered upon that in current era only few potential customers are able to appreciate the premium quality of the fabrics.

5 0
3 years ago
A sales invoice included the following information: merchandise price, $11,100; terms 1/10, n/eom, FOB shipping point with prepa
olga2289 [7]

<u>Assuming that a credit for merchandise returned of $1,000 is granted prior to payment and the invoice is paid within the discount period, the amount of cash that should be received by the seller is (a) $10399</u>

<u />

Explanation:

In the first step we will deduct the credit for merchandised return from the merchandise price

=($11,100-1$000)=$10,100 -------(a)

Then we multiply the result by terms (i.e 1/10=.01)

=($10,100*.01)=$101----------(b)

<u>Then we subtract the result of equation a with equation b</u>

($10,100-$101)=$9,999

Then we add the prepaid freight charges to the result obtained

($9,999+$400)=$10399

<u>Answer: </u>$10399

7 0
3 years ago
Ray Wilson is Quality Manager of the Tiffin, Ohio, plant of North-West Electric, a manufacturer of electrical components. Some N
Savatey [412]

Answer:

North-West Electric

Quality Department

If Ray decided to delayer his organization, what he would be doing is:

a. Reducing the number of job levels to achieve flexibility in assignments.

Explanation:

Delayering helps to cut some management layers from the organizational structure.  It reduces the administrative costs of running the entire organization.  Delayering helps the organization to make quicker decisions instead of following bureaucratic processes.  It also increases the effectiveness and efficiency of the organization.  Finally, it enables the staff to become more flexible and willing to step outside their established roles.

5 0
3 years ago
John is a caterer who encourages his staff to make suggestions on work procedures and frequently incorporates their thoughts int
zubka84 [21]
A i think
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8 0
4 years ago
The separation of the ownership of the firm from the control of the firm leads to: ____________
murzikaleks [220]

Answer:

D. Equity financing

Explanation:

Hope this helps!

3 0
3 years ago
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