Answer:
a) Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?
- No he is not required to make any payments or increase his withholdings because this year's withholdings already represent a 133% increase with respect to last year's tax liability. If the withholdings for the current are over 100% last year's tax liability, then the taxpayer doesn't need to make any further adjustments in order to avoid underpayment penalties.
b) By how much, if any, must Santhosh increase his withholding and/or estimated tax payments for the year to avoid underpayment penalties?
Answer:
The answer is reminder
Explanation:
Reminder advertising is used by a known brand or firm to remind or to make them not to forget a product. Sometimes, additional benefits can be added to an already known product. Reminder advertising is essential here.
Reminder advertising is used to elongate the life-cycle of a product. Products in their maturity stage should be given additional benefits to be able to make them competitive.
Here are the four major needs:
Answer:
40,000 kits
Explanation:
The computation is shown below:
Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit
where,
Total contribution margin required is
= Total fixed cost + operating income
= $250,000 + $90,000
= $340,000
And, the
Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit
= $11.50 - $3
= $8.50
So, the number of kits required is
= $340,000 ÷ $8.50
= 40,000 kits
Answer:
latter, latter
Explanation:
Property rights system determine how economic resources are used and owned by individuals, associations, collectives, or governments.
It also includes intellectual property such as inventions or ideas.
Such rights reduce destructive competition for control of economic resources. and replace this competition by peaceful means.
In a system where people are allowed to keep one-third of the monetary rewards of their labor with a system in which they keep two-thirds, we should expect more entrepreneurship under the <u>latter</u> system and faster real economic growth under the <u>latter</u> system.
