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dalvyx [7]
2 years ago
3

Charles is a single person, age 35, with no dependents. In 2019, Charles has gross income of $75,000 from his sole proprietorshi

p. Charles also incurs $80,000 of deductible business expenses in connection with his proprietorship. He has interest and dividend income of $22,000. Charles has $7,000 of itemized deductions. Charles's taxable income is
A) $6, 650.
B) $17,000.
C) $12, 950.
D) $10, 700.
Business
1 answer:
olga55 [171]2 years ago
7 0

Answer:

A)

Explanation:

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Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta
Ganezh [65]

Answer:

Activity Rates

Consultation  $150

Drawings        $58

Modeling         $0.7

supervision       $190

Billings              $1037.5

Collections       $1642.5

Total overhead allocated: $ 126,826

Explanation:

First, we divide the cost of each activity over the base total to get the rate.

\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]

Now we apply this rate against the job activity measurement:

\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]

3 0
2 years ago
Christine is an unemployed stenographer who cannot find work in Florida. There are several companies hiring stenographers in New
DiKsa [7]

Answer:

Option (b) is correct.

Explanation:

Cyclical unemployment refers to the unemployment that occured because of the fall in the demand for goods and services in an economy. It is largely affected by the fluctuations in economic growth of a country. When the overall demand for goods and services are not matched with the full employment in an economy. This unemployment is mostly occured when the economy of a country is contracting.

8 0
2 years ago
Agent Martinez wishes to solicit Medicare Advantage prospects through e-mail and asks you for advice as to whether this is possi
stealth61 [152]

Answer:

Marketing representatives may initiate electronic contact through e-mail but an opt-out process must be provided.

Explanation:

Since in the question it is mentioned that the Martinez requested or solicit for medicare advantage prospects via the e-mail so yes it is possible but for that, she have to contact with Marketing representatives or the company reached to her so that he or she can send the prospectus via mail also the opt-out process is also provided

5 0
2 years ago
What is the preferred method of controlling environmentally hazardous materials during manufacturing, operations, and disposal?
Morgarella [4.7K]

Answer:

b,

Explanation:

treatment of hazardous waste is preferred to the other options, in a sense they all have side effect. But if waste are treated it reduces the rate of pollution.

3 0
2 years ago
Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
Nataly [62]

Answer:

1.60

Explanation:

($500,000 - $100,000)/250,000

3 0
2 years ago
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