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meriva
2 years ago
8

Miguel has been working at his job for 3 years and already filled out a W-4 when he was first hired. This year, he just got marr

ied and is planning on filing his taxes jointly with his spouse. What should he do
Business
1 answer:
klio [65]2 years ago
5 0

Based on the information given what should he do is: Make a request to fill out a new W-4 from his employer.

<h3>What is a W-4 form?</h3>

A W-4 form is a tax which an employee fill so as to enable the employer knows the amount of tax that should be withhold from their employees bank check that was given to the employee by the employer.

Since he already filled out a W-4 when he was first hired and he just got married he should request to fill out a new W-4 from his employer.

Filling out a new W-4 from his employer will enable the employer knows how much that that he should be withhold reason being that the W-4  will show Miguel tax situation to the employer.

Inconclusion  what should he do is: Make a request to fill out a new W-4 from his employer.

Learn more about W-4 form here:brainly.com/question/15507745

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Nancy Groom owns one $1,000 corporate bond issued by General Motors. The bond pays 8.5 percent. If interest is paid semiannually
svlad2 [7]

Answer:

$42.50

Explanation:

The computation of the amount received at the end of each six month period is shown below:

= Issued amount × rate of interest × number of months ÷ total number of months in a year

= $1,000 × 8.5% × 6 months ÷  12 months

= $42.50

By multiplying the issued amount with the rate of interest and the number of months we can get the amount of the check and the same is shown above

6 0
3 years ago
Eric has another​ get-rich-quick idea, but needs funding to support it. He chooses an​ all-debt funding scenario. He will borrow
Hunter-Best [27]

Answer:

6.442%

Explanation:

Given:

Amount borrowed from Wendy = $1,227

Charges on loan by Wendy = 4% = 0.04

Amount borrowed from Bebe = $1,143

Charges on loan by Bebe = 6% = 0.06

Amount borrowed from Shelly= $630

Charges on loan by Shelly = 12% = 0.12

Now,

Total cost of capital = $1,227 + $1,143 + $630 = $3,000

Weight of Wendy = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,227}}{\textup{3000}}

= 0.409

Weight of Bebe = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,143}}{\textup{3000}}

= 0.381

Weight of Shelly= \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{630}}{\textup{3000}}

= 0.21

The weighted average cost of capital for​ Eric

= ∑ (weight × cost)

= 0.409 × 0.04 + 0.381 × 0.06 + 0.21 × 0.12

= 0.01636 + 0.02286 + 0.0252

= 0.06442

or

=  0.06442 × 100% = 6.442%

4 0
4 years ago
Which theoretical framework identifies the ideal leadership style as incorporating a high concern for both production and people
nevsk [136]

Answer:

(c)

Explanation:

The leadership grid also called managerial grid is a model propounded by Robert R. Blake and Jane Mouton in 1964.

The model is called leadership grid because it is represented in the form of a grid, with "concern for production" in the x-axis while "concern for people" as the y-axis.

This model identifies the ideal leadership style as one that incorporates a high concern for production while also considering the individuals who take part in the production; the people.

5 0
3 years ago
Read 2 more answers
June 1 Stockholders invested $21,800 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries fo
True [87]

Answer:

June 1st

Cash   21,800 debit

  Common Stock  21,800 credit

June 2nd

Van-automobile 14,200 debit

             Cash          4,000 credit

            Note payable 10,200 credit

June 3rd

Rent expense 400 debit

           Cash              400 credit

June 5th

Accounts receivables 5,200 debit

             Sales Revenue    5,200 credit

June 9th

Dividends    300 debit

           Cash          300 credit

June 12th

Supplies 200 debit

       Accounts Payable  200 credit

June 15th

Cash  1,400 debit

     Accounts receivables 1,400

June 17th

Gasoline expense 200 debit

      Accounts Payable     200 credit

June 20th

Cash      1,300 debit

  Service Revenue   1,300 credit

June 23th

Note payable   600 debit

           Cash              600 credit

June 26th

utilities expense 350 debit

              cash                350 credit

June 29th

accounts payable 200 debit

          cash                     200 credit

June 30th

salaries expense 1,730 debit

                   cash             1,730 credit

Explanation:

Rules to perform journal entries:

credit = debit

also there should be at lease one account on debit and one in credit.

We must also remember that debits must be enter first.

Also, each acount must represent a single event or stuff. It cannot represent both stuff.

7 0
4 years ago
In a CBA, if the benefits of a control outweigh the costs of implementing that control, then the control can be implemented to r
Ilya [14]

Answer:

The risk should be accepted

Explanation:

CBA stands for cost-benefit analysis (CBA). it is a technique used in measuring the cost to an enterprise as well as the benefit that is associated with an intended course of action.

Some controls are costly to establish, it is a standard practice to measure the cost to an enterprise to establish control on a certain aspect of their operation and compare the result with the estimated benefit from such control. where it is discovered that the benefits outweigh the costs, the control will be implemented otherwise, the firm should accept the risk.  

6 0
3 years ago
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