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2 years ago

Why is it important to file your federal incomes taxes every year?.

Business

1 answer:

Vesna [10]2 years ago

5 0

Answer:

Avoid losing future refunds.

Explanation:

Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.

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Tanya spoke so fast during her speech that it was difficult to understand her.

sveta [45]

The answer is A. Articulation- <span>1.
the formation of clear and distinct sounds in speech."the articulation of vowels and consonants"<span />2.clarity in the production of successive notes."beautifully polished articulation from the violins"</span>

6 0

4 years ago

Read 2 more answers

Vaughan Services hires a new accountant to maintain its petty cash fund. Although the employee possesses an accounting degree,

timama [110]

Answer: Competent, reliable, and ethical personnel.

Explanation:

Vaughan Services needs to follow competent, reliable and ethical personnel procedure to addressed this type of situation.

Competent characteristic tell us about the employee skills, knowledge and capability or ability of doing some work successfully.

Reliable characteristic tell us about the employee performance, quality and trustworthy or not.

Ethical personnel tells us about the employee's behavior towards the other people, responsibilities towards work and how much he is committed towards work.

5 0

3 years ago

For March, sales revenue is $1,000,000, sales commissions are 5% of sales, the sales manager's salary is $80,000, advertising ex

Nitella [24]

Answer:

$217,100

Explanation:

total selling expenses = sales commission + sales manager's salary + shipping expense + advertising expenses + miscellaneous selling expenses

sales commissions = 50,000

advertising expenses = 65,000

shipping expenses = 10,000

sales manager's salary= 80,000

miscellaneous selling expenses = 10,000 + 2100

3 0

3 years ago

Hailey, Inc., has sales of $19,730, costs of $9,300, depreciation expense of $1,970, and interest expense of $1,460. Assume the

jarptica [38.1K]

Answer:

Operating cash flow is $7,980

Explanation:

EBIT = sales of $19,730 - costs of $9,300 - depreciation expense of $1,970 = $8,460

Tax = (EBIT of $8,460 - interest expense of $1,460) * Tax rate 35%

= $2,450

The operating cash flow (OCF) = EBIT + Depreciation - Tax = $8,460 + $1,970 - $2,450 = $7,980

6 0

4 years ago

A manufacturer of prototyping equipment wants to have $3,000,000 available 10 years from now so that a new product line can be i

diamong [38]

Answer:

annual savings = future value / [(1 + r)ⁿ - 1 ] / n

annual savings = $3,000,000 / [(1 + 0.1)¹⁰ - 1 ] / 0.1

annual deposit = $188,236.18

Explanation:

this is an ordinary annuity

future value = $3,000,000

interest rate = 10%

periods = 10

using the future value of an annuity formula, annual deposit = future value / annuity factor

FV annuity factor, 10 periods, 10% = 15.937

annual deposit = $3,000,000 / 15.937 = $188,241.20

instead of using annuity factors, you can solve this equation:

annual deposit = future value / [(1 + r)ⁿ - 1 ] / n

annual deposit = $3,000,000 / [(1 + 0.1)¹⁰ - 1 ] / 0.1

annual deposit = $188,236.18

Both answers are very similar, the difference is only 0.00267%

8 0

3 years ago