Estelle is a recent accounting graduate, and while she likes the idea raised by her fellow graduate Fernando to set up business in a partnership together, she has always wanted to go into business for herself. Before Estelle makes a decision, her instructor tells her it would be a good idea to consider the effect of different tax structures on each type of business, just in case she favors one situation more than the other. Compare and contrast how partnerships and sole proprietorships differ in terms of their tax requirements.

Sanjay was recently alerted to the fact that his business will be audited by the IRS. What are some possible causes for Sanjay’s business being selected for audit? What will this audit likely entail? How can Sanjay prepare?

After getting his first paycheck, Marlon is incredulous at the amount of money that goes to FICA. “Who in the world is FICA?” he asks his mother. How does she reply?

Eloise has exactly $300 to spend on an airline ticket. Assuming that she will need to pay the passenger ticket tax, the passenger facility charge, and the Sept. 11th fee, what is the maximum base ticket price Eloise can still afford to pay, knowing that she has all these additional fees and taxes to pay? Explain.

Sloan has always been pretty lax about preparing her taxes, and she doesn't pay too much attention to the rules. However, after taking a class on tax fraud, she is a bit concerned that some of the information in her past tax returns may be questionable. Sloan should only be worried about tax fraud if she’s made certain mistakes in the past. What kind of mistakes should Sloan be concerned about? Explain.

Answers

Answer 1
#2 should be $250 not including taxes and fees

Related Questions

All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.

Answers

Ok so all the Characters in the market price or equal to the average individual firm produce but I put on the cost equals

The government can make money by borrowing from its population in the form of governmental bonds.

A. True
B. False

Answers

False I think I’m not sure tho

Answer:

False

Explanation:

A consulting company hired by Best Builders has just completed a study to determine the best fencing for a condominium complex Best Builders will construct. The technical writer preparing a recommendation report based on the feasibility study has compiled the following information to be used in the report: Because the complex will be located in an environmentally sensitive area, the fence must visually enhance the property while blending in with its surroundings, yet at the same time adding a measure of safety. In order to keep monthly condominium dues as low as possible, the fence must not require a high degree of maintenance. Its minimum life should be 25 years, and it should cost under $70,000. The options researched were stone, vinyl, vinyl-coated iron, and wood. Both types of vinyl fencing will last up to 25 years, stone up to 50 years, and wood up to 15 years. Wood fencing must be painted or stained periodically. Maintenance for vinyl and stone fencing consists of occasionally washing with water. Based on two bids for each type of fencing, all types fall within the maximum allowable cost. Wood was cheapest, followed closely by vinyl. Stone and vinyl-coated iron were the most expensive. We think the best course of action is to have a stone wall built by Masonry Builders, Inc., to enclose the new condominium complex. What additional information is needed for the recommendation report

Answers

Answer: conclusions for each option studied

Explanation:

A recommendation report is a report that is used to propose solution to a particular problem; then, the best solution will then be chosen after the solution has been proposed.

We should note that before a solution is proposed, the first thing to do is to identify the problem in order to know the root cause of what's happening. Then, a conclusion will then be made for the options that were studied.

Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

Answers

Answer:

educational background

Answer:

C. software expertise

Explanation:

Personality is a soft quality, religious affiliation should not be considered as a factor for HR purposes, while educational background can provide technical competencies, but isn't one by definition.

The ability to use software is a quintessential technical competency - someone is competent to use certain technology.

2.____What is auto insurance based on in IL?
A. How much money you have
B. Fault
C. Your job
D. How tall you are

Answers

i think it’s B, but i’m not 100%

global market distribution system and because the Breathe Right strips complemented the 3M first-aid product line.Refer to Breathe Right. To market the nasal strips in countries outside the United States, CNS and 3M provided the strips to the national sports teams. For example, sales in South Africa took off when the entire South African rugby team wore the strips when they won the World Cup of rugby. This example primarily illustrates the use of which element of the global marketing mix

Answers

Answer:

Promotion

Explanation:

Marketing mix is a combination of factors which are controlled by the organization for influencing customers. There are 4Ps in the marketing mix, people, process, promotion, product. In the given scenario emphasis is laid on the promotion.

If the Table Analyzer finds unrelated data in a table, what does it suggest a user do?
O split the table into queries
O break the table into multiple tables
O move all the data to a new report
O move some data to a different database

Answers

Answer:

break the table into multiple tables

Explanation:

Answer:

B

Explanation:

How far do most developers push their databases in normalization?
O to the first normal form
O to the second normal form
O to the third normal form
O to the fourth normal form

Answers

Answer:

c

Explanation:

Beyond standard benefits like vacation time, sick leave, and health

insurance, what do you think a business could offer that would make

a potential employee want to work there over a rival company?

Explain your answer.

Answers

Answer:

Higher salary, retirement plan

Explanation:

Before an employee takes up a job like this over what a rival business is offering, he checks the various benefits that each of these jobs has to offer him. Some of these are vacation time, sick leave etc.

But one very crucial determining factor is salary. Lots of people take up jobs with the pay in mind first. A higher salary makes a job more attractive to an employee. If the business is offering a higher salary, chances are that this employee would consider it to be more attractive. Also a job that offers retirement benefits is also attractive.

Outline two possible problems to HSN of many employees leaving.​

Answers

not having enough employees to do the work or something

Tomato sauce and spaghetti noodles are complementary goods. A decrease in the price of tomatoes will a. decrease consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. b. increase consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles. c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. d. decrease consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles.

Answers

Answer: c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles.

Explanation:

A complementary good is the one which can be used only with another good. For example a CD can only run in a CD player or any other suitable device so the sales of CD is dependent upon the availability of device used to pay it. Other examples are tennis ball and tennis racket, mobile phone and sim cards, and others.

According to the given situation the decrease in price of tomato will be an advantage to the consumers as they will be able to purchase them with an affordable price and can produce tomato sauce this will promote the production of spaghetti noodles as tomato sauce is consumed along with spaghetti noodles this way the tomato sauce and spaghetti noodles are complementary goods for each other. The sales and production of one good will affect the sales and production of another.

Read the passage. What department does Marnle work in? What is her profession?
Marnee works in a university's department. She used to be a Math teacher, now she advises other teachers on selecting text books and
making lesson plans. She no longer teaches.
Marnee works in the____
department. She is an)_____
1)option. A Administration B Support C Faulty 2) option A Academic dean B Superintendent of schools C Curriculum developer

Answers

Answer:

1.She is an administration

2. Works as a Curriculum developer

An investor has up to $250,000 to invest in two types of investments. Type A pays 6% annually and type B pays 8% annually. To have a well-balanced portfolio, the investor imposes the following conditions. At least one-fourth of the total portfolio is to be allocated to type A investments and at least one-fourth of the portfolio is to be allocated to type B investments. What is the optimal amount that should be invested in each type of investment

Answers

Answer:

The optimal amount that should be invested in each type of investment is:

Project A (43%) = $107,500

Project B (57%) = $142,500

Explanation:

a) Data and Calculations:

Total investible funds = $250,000

Types of investment vehicles =         Type A                  Type B

Annual returns from each vehicle         6%                         8%

Ratio of annual returns =                       43%(6/14)           57% (8/14)

Therefore, allocation to each type:

Type A =  $107,500 ($250,000 * 43%)  

Type B = $142,500 ($250,000 * 57%)

The Marshall plan was an example of

Internal financing

Foreign direct investment

Foreign portfolio investment

Foreign aid

Answers

Answer

Foreign Aid

Explanation

gradpoint

Fact Pattern: Mr. Bonet, a one-third partner, had a $12,000 basis in his partnership interest. Mr. Bonet withdrew from the ABC Partnership on January 1 of the current year when the partnership had the following balance sheet: Assets Basis FMV Cash $12,000 $12,000 Accounts receivable 0 30,000 Land 24,000 27,000 $36,000 $69,000 Equities Accounts payable $ 9,000 $ 9,000 Abbot, capital 9,000 20,000 Bonet, capital 9,000 20,000 Costell, capital 9,000 20,000 $36,000 $69,000 If Mr. Bonet received $20,000 cash in a liquidating distribution, what will he report as his gain or loss

Answers

Answer:

gxjxhxnxj

Explanation:

ufkdkdjdjdjfxmfxnjfrjsnzfzxjc it fausdj

Question 7 of 10
Which of the following tells you what your gross and net income was for a
particular pay period?
A. W-4 form
B. Pay check
C. Tax return
D. Pay stub

Answers

Answer:

d. pay stub

Explanation:

Pay stub tells you what your gross and net income was for a particular pay period. The appropriate response is option D.

What is Pay stub?

An employer's pay stub is a record that lists an employee's gross pay, deductions from that pay, and net compensation. Paychecks are produced together with pay stubs.

Employees get a pay stub along with their paycheck that contains information about their gross pay, deductions made from it, and final net pay. Pay stubs should include information on tax deductions, health insurance premiums, and retirement contributions.

Your company will provide you with a non-binding pay stub that details your gross pay, benefits received, and net pay. Lenders, prospective employers, and other organizations utilize it to comprehend your earnings.

The appropriate response is option D.

To learn more about Pay stub

https://brainly.com/question/8762926

#SPJ2

which of these is not a social or economic goal of the US economy

Answers

What are the social or economic goals? Is there options?

Edit: The answer is A

Answer:

A

Explanation:

An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. How much profit will the airline earn if it engages in price discrimination

Answers

Answer:

The answer is "$55000".

Explanation:

When discrimination against prices is practicable, $600 would be charged to travelers and $300 to tourists. Now,

Total revenue(TR) [tex]=P \times Q[/tex]

                               [tex]=600\times 100+300 \times 50 \\\\ =600\times 100+15,000 \\\\ =60,000+15,000 \\\\=\$75,000[/tex]

Total Cost(TC)[tex]=\$20000[/tex]

Profit[tex]=TR-TC[/tex]

           [tex]=\$75000-\$20000 \\\\ =\$55,000[/tex]

how will you explain a yellow colour to someone who has never seen before??​

Answers

Answer:

it is a bright color close to orang but lighter with a tint of white added to orange to make a bright floresent color

Explanation:

Answer:

well, I will explain it like this Yellow is the warm sun while a cool breeze blows on your face. Yellow is exciting without being loud or angry.

Explanation:

Hope this is helpful! Stay safe and God Bless you:)

PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs before allocations are $950,000 for Administration and $1,650,000 for Maintenance. Maintenance costs are allocated on the basis of the number of LPM employees. Administration has 450 employees; Maintenance has 750 employees; Operating Department 1 has 1,350 employees and Operating Department 2 has 1,200 employees. Using the step-down method, how much of the cost from the Maintenance Department will be allocated to Administration

Answers

Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

[tex]\to 1,650,000 \times \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times \frac{1,350}{2,550}\\\\\to 1,650,000 \times \frac{135}{255}\\\\\to 1,650,000 \times \frac{27}{51}\\\\\to 1,650,000 \times \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412[/tex]

Hello people can someone help me I'm into this person and I sent him a picture of my self and he said ''You honestly don’t look that bad'' can someone please tell me what it means when u a guy tells u that

Answers

I think that’s a extremely awkward way of telling you he thinks you’re cute

Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increase in net capital outflow, or a decrease in net capital outflow for the United States. Transaction Net Exports Net Capital Outflow Increase Decrease Increase Decrease The Japanese car manufacturer Nissan builds a factory in Ohio. A German citizen buys an Apple computer. An American buys a Sony TV. An American fashion company opens up an outlet in the U.K.

Answers

Answer:

Net export decreases and net capital outflow decreases

Net export increases and net capital outflow decreases

Net export decreases and net capital outflow increases

Net export increases and net capital outflow increases

Explanation:

Net export = export - import

export would comprise of goods and services produced in the US that are been sold to foreign countries

Import would comprise of foreign produced goods and services that are been sold in the US

Net export would increase when export occurs and decrease when import occurs

Net capital outflow measures the flow of funds in a country. It is the difference between purchase of foreign assets by the citizens of a country and the purchase of domestic assets by foreigners

Net capital outflow = purchase of foreign assets by citizens - purchase of domestic assets by foreigners

Net capital outflow is positive when purchase of foreign assets occur and negative when purchase of domestic assets occur.

1. the setting up of the factory is an import and there is a flow of funds into the US economy. Thus, net export and net capital flow decrease

2. A Apple computer is produced in the US. The sale to a German constitutes an export but there is a flow of fund into the US economy. net export increase and net capital outflow decreases

3. Sony is not produced in the US. the purchase of the TV constitutes an import and there is a flow of funds out of the US economy. Net export reduces and net capital outflow increases

4. The opening of the fashion company outlet in the UK constitutes an export and there is a flow of funds out of the US. Net export increases and net capital outflow increases

In 30-50 words, describe credit score

Answers

Answer:

A credit score is a three-digit number, typically between 300 and 850, designed to represent your credit risk, or the likelihood you will pay your bills on time.

Credit scores are calculated using information in your credit reports, including your payment history, the amount of debt you have, and the length of your credit history. Higher scores mean you have demonstrated responsible credit behavior in the past, which may make potential lenders and creditors more confident when evaluating a request for credit.

What criteria should be met before a data bar can be used in a report? Check all that apply. text fields numerical field drop-down menus all are primary keys all values can be compared length depends on value in field​

Answers

Answer:

2 5 & 6 [numerical fields, all values can be compared, & length depends on value in field] are your answers.

Explanation:

Got it right on EDG21

Answer:2,5, and 6

Explanation:

Sam has been working in the same position without any promotion or salary increase for 2 years. He currently makes $45,000 per year, but he thinks that someone with his experience should make $50,000. During his annual appraisal, he approaches the topic with his boss. Sam asks for a $10,000 a year raise. His boss says that the current budget cannot support such an increase. Sam then asks for a $5,000 a year raise, and his boss agrees. Which technique did Sam use to attain compliance from his boss

Answers

Answer:

The door in the face technique

Explanation:

With the information provided, the answer is that Sam used the door in the face technique because this is a method in which a person tries to convince another one of something by making a big demand that is unreasonable and that will be denied, so the person will accept another request that is reasonable and this is what Sam did as he requested a $10,000 a year raise that was denied and then, asked for a $5,000 a year raise that his boss accepted.

Find two cases of life insurance fraud. Write a paragraph for each one explaining the details given. (how was the fraud committed, what was the purpose, how the person was caught, what happened as a result, etc.) Next, find one case of health insurance fraud and look up the same information.

Answers

Answer:

Health identity theft is when criminals steal victims names.

Explanation:

health insurance numbers and other personal data and then defraud insurers by making false claims. To combat the problem, some medical ...

How do most individuals finance their healthcare costs?

directly from their employers
with government funding
through health insurance benefits
completely on their own

Answers

Answer:

c

Explanation:

Most individuals finance their healthcare costs through health insurance benefits. Thus, option C is correct.

What is the health insurance?

Health insurance is also known as private medical insurance, is a type of insurance that pays for the costs of private healthcare, from diagnosis to treatment.

A person will pay a monthly subscription that will cover all or part of the cost of treatment for acute conditions that arise after the start of the health insurance policy.

Furthermore, with rising medical costs, access to good medical facilities and hospitalization costs can be financially challenging. Obtaining health insurance for yourself and the family can thus provide the extra protection a person require in these trying times.

Therefore, option C is correct, that The majority of people finance their healthcare costs through health insurance benefits.

Learn more about the health insurance, refer to:

https://brainly.com/question/29042328

#SPJ6

Morris Ronaldo runs a small sole proprietorship that has one truck that is used solely in the business. It had a cost of $70,000 but a tax basis of only $19,000. However, it has a fair value of $22,000. It is traded for a similar truck with a list sales price of $80,000. To make the sale, the dealer reduced the price by $24,000 as a trade-in allowance for the old truck. Morris paid the $56,000 difference in cash. This exchange qualifies for section 1031 like-kind nonrecognition of gain treatment. Group of answer choices True False

Answers

Answer:

The answer is "$75,000".

Explanation:

Please find the complete and correct question in the attached file.

This is a swap of assets of the same. Its basis of the new building for tax purposes is equal to a base granted. There is indeed a $19,000 tax structure on the old tractor. That business only pays 56 000 dollars in cash. That's the price of 80,000 dollars less than the exchange allowance of 14,000 dollars. This government is offering up $19,000 and $56,000 in cash. That amount is the gross yielded tax basis or $75,000, that's the basis of the commercial new property.

You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...

1. Profit
2. Sales
3. Services
4. Expenses
5. Goods

Answers

Answer:

I think its #1 bro i don't know

Which of the following statements regarding budgets is true? a. Budgets are detailed forward-looking financial reports based on expected income and expenses. b. Budgets describe a person’s financial position at a given point in time. c. Budgets measure a person’s financial performance at a given point in time. d. Budgets describe a person’s financial goals over a specific period of time. e. Budgets are historical documents that tell an individual how he or she has performed in the past.

Answers

Answer:

a. Budgets are detailed forward-looking financial reports based on expected income and expenses.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.

Other Questions
Help with my assignment please I couldnt fit part b in the picture so can you please answer this too Part BWrite the length of the hypotenuse rounded tonearest hundredth.The length of the hypotenuse is Please help me no links im timed 1 question HELP ME!!! in what order were the sun and earth created according to both the younger theory and the older theory The question is on the problem no links please I will give brainliest Reason corp just issued a series of 24 year maturity bonds with a oar value of 1000 and a 5 % coupon, paid semianually the bonds can sell in the open market for 1175. Flotation costs on the new bonds Assume that last year, Cliff Consulting, a firm in Berkeley, CA, had the following contribution income statement: CLIFF CONSULTING Contribution Income Statement For the Year Ended September 30Sales revenue $ 1,200,000Variable costs Cost of services $ 480,000 Selling and administrative 60,000 540,000Contribution margin 660,000Fixed Costs -selling and administrative 440,000Before-tax profit 220,000Income taxes (21%) 46,200After-tax profit $ 173,800(a) Determine the annual break-even point in sales revenue.(b) Determine the annual margin of safety in sales revenue.(c) What is the break-even point in sales revenue if management makes a decision that increases fixed costs by $80,000?(d) With the current cost structure, including fixed costs of $440,000, what dollar sales revenue is required to provide an after-tax net income of $250,000?(e) Prepare an abbreviated contribution income statement to verify that the solution to requirement (d) will provide the desired after-tax income. HELP 30 POINTSThe picture above shows a cross section of the Earths interior including both oceanic crust and continental crust. Along the seafloor, there are midocean ridges where magma rises to the surface and creates new crust. There are also areas where crust is recycled as oceanic crust goes below continental crust. What type of boundary would occur at a mid-ocean ridge? Q1 (Level 1): Corporations have advantages and disadvantages. Choose which answer is NOT anadvantage of a corporation.A Business continuityB Shareholder investmentsC Limited liabilityD Unlimited liability WILL GIVE BRAINLIEST What does ablaze with admiration means. Please help me with this question Use the following dichotomous key to identify an irregular blue flower with five petals and a fruit that is a ripened flower ovary or follicle. Dichotomous Key of Ranunculaceae #1.a. Fruit is a group of alkenes.(go to step 2) b. Fruit is a group of follicles.(go to step 4) #2.a. Petals are not present.(go to step 3) b. Petals are present.(Ranunculus) #3.a. The flower has 4 sepals.(Clematis) b. The flower has 5 sepals.(Anemone) #4.a. The flowers are regular.(Aquilegia) b. The flowers are irregular.(Delphinium) The flower is a: A. Anemone B. Clematis C. Delphinium D. Ranunculus Find the value of x in the triangle below 2x2 (4)Critically discuss TWO emotional /personal benefits that will motivate you to finda job.2x2 (4) Can anyone help me plz? help me pretty please Which one is it??????? The delayed non match to position (DNMTP) task is an example of a task that can be used to measure working memory. The task involves a water deprived rat interpreting signals from two signal lights (left and right) and responding by pressing one of two levers (left and right). In the initial phase one signal light is illuminated. There is then a delay period where neither light is illuminated. Following the delay both lights are illuminated, and the rat has a limited amount of time to respond at the lever opposite to that which was signaled prior to the delay. The rat is given a water reward for correct responses. A rat that is learning the DNMTP task is undergoing what type of learning Haba una vez una princesa muy hermosa. Pero un da una bruja muy mala le puso una maldicin. Su padre el rey empez a buscarla en la noche y el da. Poco saban que ella estaba en un castillo muy lejos. Un da un chico precioso paso por el castillo. La princesa lo sigui mientras el chico se iba a su casa. Todos los das ellos hablaran mucho hasta que un da se enamoraron y vivieron feliz para siempre.Can someone fix the accents, and fix the word curse into the one like a spell please help. Please help Ill mark you as brainliest if correct