answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fofino [41]
1 year ago
13

The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Is available o

nly if the taxpayer has qualifying children. c.Is available to married taxpayers who file separate returns. d.Cannot exceed the amount of the tax liability.
Business
1 answer:
melomori [17]1 year ago
7 0

Answer:

Option A: Must be calculated on earned income as well as adjusted gross income in some cases

Explanation:

Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.

Earned income are simply wages, self-employment income, and eligible disability pay.

The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.

You might be interested in
(Ignore income taxes in this problem.) Beaver Corporation is investigating the purchase of a new threading machine that costs $1
BaLLatris [955]

Answer:

The NPV of the machine is closest to  -$34.48

Explanation:

The net present value (NPV) of the project is the present value of the future net cash flows expected from the project less the initial cost of the project. The cash inflows from this project are the cost savings that are in a form of annuity and an amount for salvage value receivable at end of year 6. Thus, the NPV of the project is,

NPV = 4000 * [ (1 - (1+0.12)^-6)  / 0.12 ]  +  3000 / (1+0.12)^6   -  18000

NPV = - $34.48

4 0
2 years ago
Read 2 more answers
Identify a difference between the crisis stage and the dissolution stage of organizational decline. Select one: a. In the crisis
pentagon [3]

Answer: c. Decline is reversible at the crisis stage, whereas it is irreversible at the dissolution stage.

Explanation: Crisis Stage; at this stage decline is still reversible if the

organisation reorganizes it ways of operations or conducting business. What they can do at this point is to carryout cutbacks and layoffs which would help reduce it's financial burden and create additional capital to run the business. At the dissolution stage nothing can be done anymore to salvage the company as it would have run into bankruptcy and would need to fold up.

7 0
2 years ago
Read 2 more answers
Michelle works in an appliance store. She has a goal to sell a combination of six refrigerators, stoves or dishwashers so she ca
kotykmax [81]
The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal. 
7 0
1 year ago
Read 2 more answers
In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches childre
Step2247 [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
6 0
2 years ago
Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc
Verdich [7]

Answer:

Total slack

Explanation:

Total slack is defines as the time that tasks are delayed which will eventually affect the finishing date of a project.

Total slack can be either positive or negative. Positive slack is when delay in tasks do not affect project finish date, and negative slack are delays that affect project finish date.

Total slack is calculated as difference between smaller value of late finish and early finish.

Tom shares 4 days of his slack with the contractor.

So he has 10- 4 = 6 days slack

The total slack is 6 + 4= 10 days

In this scenario the difference between late start and early start is 9 - 5= 4 days

5 0
1 year ago
Other questions:
  • If a document reaches you, and requires you to perform some action, you should do it immediately if ________. a. It is from your
    6·2 answers
  • Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme type dinners
    8·1 answer
  • Which employers include not only private companies and nonprofit organizations, but also hospitals, department stores, and car m
    10·2 answers
  • As shown in exhibit 7-2, the rate of inflation for year 2 is:
    15·1 answer
  • According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?
    9·1 answer
  • g Ken Francis is offered the possibility of investing $2,745 today; in return, he would receive $10,000 after 15 years. What is
    10·1 answer
  • Ensuring Food Establishment interior does notneed repair helps avoid Metaphysica Metaphysical contamination, physical contaminat
    8·1 answer
  • How frequently does John typically receive account statements from his bank?
    7·1 answer
  • On the last day of December 2016, Camreyâs Trucks entered into a transaction that resulted in a receipt of $216,000 cash in adva
    15·1 answer
  • Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Cathol
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!