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Olenka [21]
3 years ago
15

10. The Kokorapolus's are married and are filing a joint tax return. Their gross income is $35,836. They are claiming $1,000 in

adjustments to income. They are also claiming $8,906 in itemized deductions and four exemptions of $3,100 each. They have already paid a total of $2,245 in withholding taxes.
a. What was their actual tax?

b. They are entitled to a refund of what amount?
(ASAP ITS FOR A TEST)
Business
1 answer:
OLEGan [10]3 years ago
3 0

ncrease in salary after you have completed the first year of your apprenticeship, if completed in line with your development objectives

Part of the British Airways apprentice network and community, with the opportunity to engage with apprentices from all schemes in the business and learn from former apprentices

Involvement in our ambitious sustainability vision, volunteering an active role to champion specific community groups including LGBTQ+ 'Flying Proud' and ethnic minority colleague network Be ME

Involvement in Community Investment programmes, taking part in fundraising challenges for partnership charities, supporting causes close to your heart

Volunteering in schools and colleges sharing personal experiences to inspire, motivate and coach students and support their potential to gain employment in the industry we love

Access to heavily discounted flights to globe trot, and a generous annual leave entitlement to turn your bucket list into reality

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Answer:

C. the Phillips curve is vertical

Explanation:

Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases  unemployment.  

However; In long run, real GDP (output level) returns to its potential​ level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.  

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4 years ago
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Write about your last week ( over 50 words)​
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On November 1, 2021, Aviation Training Corp. borrows $46,000 cash from Community Savings and Loan. Aviation Training signs a thr
emmainna [20.7K]

Answer:

<u>Record the issuance of note. </u>

November 1, 2021

Dr.   Cash                   46000

Cr.   Note Payable     46000

<u>Record the adjustment for interest.</u>

December 31, 2021

Dr.   Interest Expense    460

Cr.   Interest Payable     460

(46000*6%)*3/12 = 460

<u>Record the repayment of the note at maturity</u>

Dr.   Note Payable     46000

Dr.   Interest Payable     460

Dr.   Interest Expense    230

Cr.   Cash                    46,690

(46000*6%)*1/12 = 230

Explanation:

* At the year end the interest expense is accrued and recorded as interest payable.

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