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Dmitry [639]
3 years ago
6

During 2020, Lincoln Company hires seven individuals who are certified to be members of a qualifying targeted group. Each employ

ee works in excess of 600 hours and is paid wages of $7,500 during the year. Lincoln Company's work opportunity credit is $________.
Business
1 answer:
Montano1993 [528]3 years ago
7 0

Answer:

$16,800

Explanation:

Calculation to determine what Lincoln Company's work opportunity credit is

Work opportunity credit= $6,000 * .40 *7

Work opportunity credit = $16,800

Therefore Lincoln Company's work opportunity credit is $16,800

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