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2 years ago

What happens after the irs accepts your tax return?.

Business

1 answer:

Mandarinka [93]2 years ago

4 0

Answer:

First, they "stamp" the return with an electronic postmark, and then they will send it to the government.

Then you both wait 24 to 48 hours for the IRS to accept your return.

What are they doing? They are checking your personal information to make sure it matches their records.

If everything looks good, the IRS accepts your return.

Hope this helps..

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A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law

Mashcka [7]

Answer:

C. shortage; elastic; the same number of

Explanation:

The law of demand states an inverse relationship between quantity demanded of a good and it's price.

Price elasticity of demand refers to the degree of responsiveness of quantity demanded to a change in price. When quantity demanded changes less relatively to change in price, it is termed as inelastic demand while when the change in quantity demanded is lot more than the change in price, it is termed as elastic demand.

In the given case, after the upper limit price has been capped and fixed, this would create a rush and tickets for the sports events would be sold off since the quantity demanded would rise.

This would result into a shortage since demand shall exceed supply and since the price cannot be raised above $50.

The more elastic the demand, more shortage of tickets it would result into and the same number of people will attend the events i.e the seating capacity is not increased.

7 0

3 years ago

Read 2 more answers

A manufacturing company has units to produce of 940 units for the month. Each unit requires 3.5 hours of labor to produce. The c

elena-s [515]

Answer:$49,350

Explanation:

The total cost of direct labor for the month will be:= 940 units × 3.5 × $15= $49,350

8 0

1 year ago

Travis Company purchased merchandise on account from a supplier for $5,700, terms 2/10, net 30. Travis Company paid for the merc

almond37 [142]

Answer:

Dr. Account Payable $5,700

Cr. Discount Income $114

Cr. Cash $5,586

Explanation:

Term 2/10, net/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after purchase and net credit period of 30 days.

According to given data

Purchases = $5,700

As the payment is made within discount period, so discount will be availed

Discount = $5,700 x 2% = $114

Amount to be paid = $5,700 - $114 = $5,586

7 0

3 years ago

Motorcycle Manufacturers, Inc., projected sales of 54,500 machines for the year. The estimated January 1 inventory is 6,860 unit

MrRa [10]

Answer:

55,060 machines

Explanation:

Projected sales = 54,500

Estimated opening balance = 6,860

Desired ending balance = 7,420

Budgeted production = ?

Let the budgeted production be B

Using the formula

Opening balance + Budgeted production - Sales = Closing balance

6,860 + B - 54,500 = 7,420

B = 7,420 + 54,500 - 6,860

B = 55,060

The budgeted production for the year is 55,060 machines.

4 0

3 years ago

A recent innovation by Amazon, the Vendor Flex program, seeks to lower overall transportation costs but also creates new forms o

Mariulka [41]

Answer:

A) horizontal

Explanation:

Horizontal channel conflicts occur when members of the same level of marketing channels have disputes or disagreements regarding the sales strategies for one or more product lines.

In this case, Amazon and Target are both retailers, and since Target felt that P&G was unfairly helping Amazon, they reacted by changing their marketing strategies for P&G's products. The conflict here is between Amazon and Target who are both in the same level of marketing channels.

3 0

3 years ago