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vagabundo [1.1K]
2 years ago
13

What is the income threshold for self-employed workers to file a tax return.

Business
1 answer:
Stolb23 [73]2 years ago
6 0

Answer:

$400 or more

Explanation:

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You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile
siniylev [52]

Answer:

Both cars(American and European) must travel 8,060 kilo metres each during their lifetime for the total cost(purchase cost + fuel equivalent) to be equivalent

Explanation:

With regards to the above, the cost equation for both cars will be equated together.

Furthermore, we will convert gallons into litres while also converting miles into kilometers.

Since 1 gallon has 3.785 litres; 1 mile also has 1.609 kilo metre, hence milage of the first car in kilo metre per litre would be ;

Milage American made = [ 28 miles × 1.609 ] / 3.785

= 11.90 kilo meter per litres.

Cost of Gas per litre = $3 per gallon / 3.785

= 0.79 per litre

Gas cost per kilo metre(American made) = 0.79 per litre / 11.90

= 0.066 per km

Gas cost per kilo metre(European made) = 0.79 per litre / 19.0

= 0.042 per km

We can sum up the equation of first car which is American made( Purchase price + Fuel cost)

We can make a be the number of kilo metres where total cost for both cars would be equal.

Total cost = 317.2 + 0.066a

Also, the total cost equation - purchase price + fuel cost of European car is represented as;

Total cost = 510.64 + 0.042a

317.2 + 0.066a = 510.64 + 0.042a

Collect like terms

0.066a - 0.042a = 510.64 - 317.2

0.024a = 193.44

a = 8,060 kilo metres

Therefore, both cars(American and European) must travel each 8,060 kilo metres in their life time for the total costs( purchase cost + fuel cost) to be equivalent.

5 0
4 years ago
The owner of a small business borrowed $70,000 with an agreement to repay the loan with quarterly payments over a five year time
siniylev [52]

Answer:

His loan payment each quarter is nearest to $4,705.10.

Explanation:

Using a Financial Calculator enter the following data and find PMT, the loan payment each quarter

Pv = $70,000

n = 4 × 5 = 20

r = 12%

P/yr = 4

Fv = $0

Pmt = ? - $4,705.10

Thus PMT, the loan payment each quarter will be $4,705.10.

8 0
3 years ago
Which of the following does not contribute to Chris's financial problems?
zepelin [54]

C

Cause it doesn’t matter if he went to collage or not

7 0
4 years ago
Read 2 more answers
On December 28, 2021, Tristar Communications sold 14 units of its new satellite uplink system to various customers for $40,000 e
eimsori [14]

Answer and Explanation:

The computation of the income before tax in the year 2022 would be reduced or decreased by the cash discount amount i.e. shown below:

= Sale value × discount rate × number of units sold

= $40,000 × 1% ×  14 units

= $5,600

Hence, the amount is $5,600

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
True or false politics has been eliminated in the hiring and promotion of public employees in texas.
professor190 [17]
The answer is false. <span>Rep. James White, R-Hollister last 2017 created a bill on political beliefs of employees when passed it would give specific details that would protect them.  It supports their expression on Texas political views to even to support a candidate after work. 


</span>
5 0
4 years ago
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