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nikklg [1K]
1 year ago
6

Cheryl is single, has one child (age six), and files as head of household during 2020. Her salary for the year is $19,500. She q

ualifies for an earned income credit of the following amount. a.$3,584. b.$3,557. c.$3,530. d.$0.
Business
1 answer:
gogolik [260]1 year ago
5 0

Answer: $3,557

Explanation:

Maximum amount of credit for 2020 is $3,584.

The income credit is calculated by:

= Maximum amount - (Earnings for the year - Minimum phase out range for single person with one child) * phase out percentage.

= 3,584 - (19,500 - 19,330) * 15.98%

= $3,557

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Suppose taxpayers are given a one-time only rebate on previous taxes paid. If consumers spend all of their tax rebate checks, wh
nata0808 [166]

Answer:

Aggregate demand shifts to the right.

Explanation:

Tax rebate means that the people have a tax benefit that increases their disposable income.

When there is additional income available for people to spend, there is an increased demand that shifts to the right the aggregate demand curve.

It is unconnected to the supply curve and inflation so the correct answer is option A.

Hope that helps.

6 0
2 years ago
Troy starts a job right out of college. He feels lucky to have found a position in the financial industry. Troy knows that he ne
Mashutka [201]

Answer:

Mentoring Plan.

Explanation:

This is a form of a continuous schooling process that is more of ‘giving advice’, or passing on what your experience was in a particular area or situation.

It is a system of semi structured guidance whereby one person shares their knowledge, skills and experience to assist others to progress in their own lives and careers. Mentors need to be readily accessible and prepared to offer help as the need arises within agreed bounds.

Mentors very often have their own mentors, and in turn their mentees might wish to ‘put something back’ and become mentors themselves - it's a chain for ‘passing on’ good practice so that the benefits can be widely spread.

3 0
2 years ago
Oni makes apple pies for the local bakery. when toni works with an assistant, she produces 60% more apple pies and works 20% few
Georgia [21]
<span>Let us assume Toni made 100 apple pies in 10 hours, that means 10/hour. Now, with help of assistant she produces 60% more and work for 20% less time.
So, [100+(60% of 100)] = 160 apple pies produced in [10-(20% of 10)]= 8 hours.
   160/8 = 20/hour
   So, with the help of assistant Toni's output of apple pies per hour increases by 100%.</span>
8 0
2 years ago
The project scope planning processes include all of the following EXCEPT: a. how the requirements will be collected b. how the p
Maslowich

Answer:

The correct answer is C

Explanation:

Project scope is the one which is defined as the how the goals as well as objectives of the project are defined. This states the lists that goals, what the deliverables would be, the tasks required to make the deliverables, what the costs or expense for that would be and the deadlines. In short, it is the parameters of the whole project.

So, the one which will not be included in the planning process of the project scope is how the case of the business would be created.

3 0
2 years ago
Hodge Inc. has some material that originally cost $74,600. The material has a scrap value of $57,400 as is, but if reworked at a
Burka [1]

Answer:  If the material is reworked and sold, Hodge Inc. has a financial disadvantage of (- 4500).

Let's see why:

1) If we sell the material at its disposal value: We have a cost of $ 74600 and the income from sale would be $ 57400 =

57400 - 74600 = (-17200). We have a loss of $17200.

2) If we rework the material we will have an original cost of $ 74600, an additional cost for reworking of $ 1500 and the income from its sale would be $ 54400 =

54400 - (74600 + 1500) = (-21700) We have a loss of $ 21700.

Then comparing the 2 situations =

(-21700) - (-17200) = -4500. There is a financial disadvantage of $4,500 if the material is reworked instead of selling it as scrap.

6 0
2 years ago
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