1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AURORKA [14]
3 years ago
6

Reverend Isaiah receives an annual salary of $36,000 as a full-time minister. This includes $4,000 designated as rental allowanc

e to pay utilities. Rev. Isaiah is not exempt from self-employment tax. How much must he include when figuring net income for self-employment tax
Business
1 answer:
muminat3 years ago
7 0

Answer: $36,000

Explanation:

When paying Income Tax, Reverend Isaiah will be allowed to deduct the money designated as rental allowance to pay utilities but when it comes to Self-employment taxes, he must include the entire salary he receives.

This means that the Reverend will have to include his entire annual salary of $36,000 when working out his Self-employment tax.

You might be interested in
Imagine that an economic recession erodes consumer confidence. As a result, the marginal propensity to consume drops from .8 to
Serga [27]

Answer:

Increased government spending will be less effective for raising the Marginal Propensity to Consume.

Explanation:

The Marginal Propensity to Consume depends on disposable income, and disposable income is the money that individuals have after paying tax.

If the government increases spending, it will also increase taxes to finance spending, and if taxes are higher, people will have less disposable income, and even if their marginal propensity to consume increases, because they now have less money, the will spend less in total.

8 0
3 years ago
Suggest monetary solutions for the present financial crisis and discuss if those solutions are always applicable.
Brums [2.3K]

Answer:

See the explanation below.

Explanation:

Some solutions

Try to increase the additional resources in order to help the global economy, with the goal of pay the balance of payment and is important and provide support for countries in crisis  around the world. The international monetary found (IMF) help on this.

Increase the growth and jobs and that can be satisifed with fiscal expansion. And all the people involved on the develop of strategies around this topic needs to help. The responsible of this is each country and the IMF

More help to the people with no resources, satisfying the basic rights for sales and the finance operations. One organism who help on this is  World Bank Vulnerability Fund. and the ONU.

Stability and strategies to identify risks using some techniques for the regulation of credit agencies and banks, bonuses and othr financial products. The world bank can help on this topic.

Reduce taxes creating actions to reduce it. For this topic the  Economic Co-operation and Development Organization can show the information about it.

Create strategies to reduce the climate change: for example by low carbon investment and bonuses, working with the IPCC and the WRCP.

4 0
4 years ago
Don, an office equipment sales​ representative, earns a weekly salary plus a commission on his sales. One week his total compens
Y_Kistochka [10]

Answer:

The answer is: Don's weekly salary is $460 and his sales' commission is 5%

Explanation:

We have to solve the following two equations:

Don's salary week 1 = b + $3,000c =$610

Don's salary week 2 = b + $4,000c =$660

Where:

  • b = Don's base weekly salary
  • c = sales' commission

Step 1:

b + $4,000c =$660

<u>-(b + $3,000c =$610)</u>

$1,000c = $50

Step 2:

c = $50 / $1,000 = 0.05 = 5%

Step 3:

b + ($3,000 x 5%) = $610

b + $150 = $610

Step 4.

b = $610 -$150 = $460

8 0
3 years ago
The purpose of a screening interview is to make the final decision about which applicants to hire.
Ludmilka [50]
Sreening interviews are normally the first stage of the interview process. This is never used in the final decision making process. The screening interview plays a major part in narrowing down applicants in the very beginning
8 0
3 years ago
Andrea has prepared the following list of statements about corporations. Identify whether each statement is true or false.
Afina-wow [57]

Answer:

1.True

2.True

3.True

4.False

5.True

6.False

7.False

8.True

9.Treu

10.False

5 0
3 years ago
Other questions:
  • ACES is a quality auditing firm. It has dedicated a team of managers, business analysts, and system analysts to develop an infor
    9·1 answer
  • Each of the following describes a not for profit activity (hobby) except?
    14·1 answer
  • Adriana is financially responsible for her aged parents. She wants to provide income for her parents for 15 years should she die
    10·1 answer
  • A pay policy line Question 36 options: can be generated using a statistical method called regression analysis. can seldom provid
    10·1 answer
  • How is a line of credit similar to a credit card?
    8·2 answers
  • Why is strategy implementation referred to as the "graveyard of strategy"? it is a process that is independent of strategy formu
    9·1 answer
  • traight-line depreciation is a typical example of a: Multiple Choice curvilinear cost. mixed cost. variable cost. fixed cost. st
    6·1 answer
  • Question 9 of 10
    15·1 answer
  • Rogue Outfitters Inc. has outstanding $1,000 face value that make semiannual payments, and have 10 years remaining to maturity.
    7·1 answer
  • Explain the importance of financial planning​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!