What classification would BEST describe a millionaire who moved their bank accounts out of the country in order to evade paying taxes

Answers

Answer 1

Millionaire move their account out of country to evade taxes from upper world crime.

A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions. Taxes are compulsory contributions that a government agency, whether local, regional, or federal, imposes on people or businesses. Public works and services like roads and schools, as well as programs like Social Security and Medicare, are funded by tax income.

Therefore, the option D is correct.

Learn more about Tax, here:

brainly.com/question/27693139

#SPJ4

Full Question ;

What classification would BEST describe a millionaire who moved their bank accounts out of the country in order to evade paying taxes?

A organizational crime

B deviant crime

C corporate crime

D upperworld crime


Related Questions

Which form must be given to the buyer if a sales associate is working with them in a fiduciary capacity?

Answers

A salesperson is acting in a fiduciary capacity when dealing with a customer. Regarding disclosure, the broker is required to provide the buyer with the appropriate form outlining their and the licensee's respective roles. the Transition to Transaction Broker Consent Form.

What is the name of the person who has the authority to act on behalf of another?

In the language of law, someone who has been given the authority to act on behalf of another person or entity is referred to as an agent. A client may hire an agent to represent them in discussions and other interactions with third parties.

What exactly is an agent?

Anything that is capable of sensing and responding to the environment through sensors and actuators is considered an agent.

To know more about fiduciary visit:-

https://brainly.com/question/14674904

#SPJ4

Banks in the collection process that are not the depository or payer bank are called ________ banks.

Answers

When a consumer deposits money into a bank, a relationship is established; the consumer is the creditor and the credit union is the debtor a section of the UCC outlining the specifications .

A non-depository bank: what is it?

An organization that doesn't accept deposits is known as a non-depository institution. An experienced FDIC-insured bank might, for instance, have a bank or office that handles only business lending transactions and doesn't take deposits or make payments.

An uncleared bank account is what?

Customers' Call Account and Commercial Undesignated Clients. With this account, you can keep money belonging to numerous clients in a single shared account. It is appropriate for businesses run by professionals like accountants, lawyers, and insurance brokers.

To Know more about depository Visit:

https://brainly.com/question/2167370

#SPJ4

Peter is the owner of a fast-food franchise. When his payroll accountant quit, he hired his wife, Karen, to take over the payroll responsibilities. Peter prefers to review the payroll records prior to disbursement and often asks Karen to add or subtract amount from employee pay. Which ethical principle most closely describes Peter and Karen's unethical actions

Answers

Peter is the owner of a fast-food franchise. A) Objectivity and Independence most closely describes Peter and Karen's unethical actions.

Since we are independent and objective auditors, we do not go to a location with a certain goal in mind. It denotes that judgments will be reasonable and unbiased, supported by facts, and not unduly affected by management or interpersonal ties.

It implies that suggestions will be made with the client's best interests in mind. There are several ways that independence and/or objectivity might be compromised, whether it's at the corporate or personal level.

Senior management may try to restrict the scope of a review, restrict the auditor's access to records, or refuse to assist the auditor in understanding transactions or procedures at the organizational level.

To know more about objectivity and independent:

https://brainly.com/question/22364480

#SPJ4

On the basis of Maslow's hierarchy of needs,one would be LEAST likely to predict that a
A) starving person might sell his or her child to obtain food.
B) teacher with high self-esteem might seek a career change to use his or her abilities more fully.
C) successful business executive might show greater concern for his or her family relationships than for becoming president of his corporation.
D) prisoner might choose to die rather than betray his or her country.

Answers

One would be least likely to predict that a prisoner would choose death over betraying his or her nation based on Maslow's hierarchy of wants. So, the right answer would be option D.

Maslow's hierarchy of needs is a psychological theory of motivation that includes a five-tier model of human needs that is frequently represented as levels within a pyramid.

The needs include physiological (food and clothes), safety (work security), love and belonging needs (friendship), esteem, and self-actualization, going up the hierarchy in order.

Prior to addressing needs higher up the hierarchy, people must pay attention to those lower down.

Visit here to learn more about Maslow's hierarchy: https://brainly.com/question/24705156

#SPJ4

What is the most encountered problems in economics and why?

Answers

The conundrum of limited resources and insatiable wants is the core issue in economics. Additionally, economics has demonstrated that a man's requirements cannot be met. As more of our requirements are met over time, we gradually create greater wants.

The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies .

Learn more about economic from

brainly.com/question/17996535

#SPJ4

Collaboration in a business environment is a best practice that leverages the collective knowledge of the team assembled. Peer evaluation and support, provided in the spirit of continuous improvement and organizational success, results in higher quality deliverables than generally possible by the efforts of an individual. Please describe the process you plan to use to conduct research, identify findings, and develop the Comprehensive Project due in Unit 5, and present a preliminary outline indicating how you intend to organize the project deliverable

Answers

My process of conducting research, identifying findings, and developing a comprehensive project will involve gathering data from a variety of sources.

I plan to use trade journals, articles and websites to identify relevant and up-to-date information. I will also seek expert views on the topic as well as interviews and surveys to gain a better understanding of the topic. After analyzing the data, I identify and document key findings and then develop a project outline. The outline will include an introduction, body, and conclusion, as well as subsections that outline the individual components of the project. Finally, I will use the outline to create a comprehensive project.

To know more about comprehensive project click here

https://brainly.com/question/29534085

#SPJ4

Vernon claims that his contract with Ulani is voidable. If their contract is avoided O both parties are released from it O both parties must fully perform their obligations under it O a wholly different contract is agreed to O a wholly different contract is imposed as if the parties had agreed

Answers

Vernon claims that his contract with Ulani is voidable. If their contract is avoided (A) both parties are released from it.

Vernon argues that his agreement with Ulani can be revoked. Both partners are released from their contract if it is avoided. It shall be fully complied with by both Parties.

if the terms are rejected by both parties. if the party that has a cause to reject the agreement instead chooses to carry it through. if the party looking to enforce the agreement files a lawsuit.

Because there was practically no enforceable contract, you can recover anything even if one side violates the agreement. Contracts are legally binding agreements, but they are always voidable by one or both of the parties. You might not be able to enforce a voidable contract as a result.

Learn more about Vernon here:

https://brainly.com/question/20567112

#SPJ4

how should the entries to a schedule of accounts payable be ordered
a. by date received
b. alphabetically by vendor name
c. by amount due from most to least
d. by date due

Answers

The entries in a schedule of accounts payable would be ordered alphabetically by vendors name.

What is the use of a schedule of accounts payable?

A schedule of accounts payable is a list of all the vendors in the ledger of accounts payable to whom the business is currently indebted, together with the balances of their current accounts. In other words, the accounts payable schedule is a list of everyone to whom the company owes money in the accounts payable systems in alphabetical order.

There are two key benefits to using the accounts payable schedule. This schedule, first and foremost, enables managers as well as the accounts payable division to keep track of and arrange the vendor accounts that need to be paid. For instance, the majority of manufacturers and retailers purchase inventory and products from other companies.

Cash payments for these transactions are uncommon. Instead, the buying business merely places the acquisition on credit and pays the vendor within 30 days well after purchase. This technology accelerates corporate operations and makes it simpler for enterprises to purchase things.

To know more about Schedule of accounts payable, check out:

brainly.com/question/26104681

#SPJ1

Answer: d. by date due

Explanation: I just took the test.

if one u.s. dollar equals one e.u. euro, which of these could result if the euro experiences inflation?

Answers

If the value of one US Dollar is equal to that of one EU Euro, then an inflation would be a result of the situation wherein the citizens of the United States purchase more goods from the European Union at lesser monies. Therefore, the option C holds true.

The inflation is usually understood as a concept that leads into increase in the prices of goods in an economy, and thereby leading to a decrease in the purchasing power of the consumers who belong to that economy. The above condition represents the situation of an increase in the rates of inflation in the European Union.

Learn more about inflation here:

https://brainly.com/question/14619039

#SPJ4

Complete question

If one U.S. dollar equals one euro, which of these could result if the euro experiences inflation?

E.U. citizens could purchase more goods in the U.S. for less money.

E.U. citizens would purchase large amounts of U.S. stock.

U.S. citizens would purchase more goods from the E.U. for less money.

U.S. citizens would purchase large amounts of E.U. stock.

Answer:

C) U.S. citizens would purchase more goods from the E.U. for less money

Explanation:

I got it right on the test

Suppose that this year in the state of California, a farmer grows wheat, which she sells to a miller for $25. The miller turns the wheat into flour, which she sells to a baker for $70. The baker turns the wheat into bagels, which she sells to consumers for $100. Consumers eat the bagels. What amount goes into GDP in this economy

Answers

This year, $195 is included in the aforementioned economy's GDP.

Gross domestic product (GDP) measures the market value of all finished products and services produced and sold (not resold) within a nation during a given time period. However, this measurement has undergone numerous revisions before being recognized as a trustworthy indication due to its complicated and subjective nature.

As a result, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between countries, whereas nominal GDP is more useful when comparing national economies on the global market. However, GDP (nominal) per capita does not account for variations in the cost of living and the rate of inflation of the various nations.

All of the monetary values are calculated as GDP for the scenario in the previous question.

Thus, the GDP of the aforementioned economy would be 25 + 70 + 100 = $195.

The GDP of the aforementioned economy this year includes $195.

To know more about GDP, refer to this link:

https://brainly.com/question/30111703

#SPJ4

On January 1, 2017, Ellen Carter Company makes the two following acquisitions. 1. Purchases land having a fair value of $200,000 by issuing a 5-year, zero-interest-bearing promissory note in the face amount of $337,012. 2. Purchases equipment by issuing a 6%, 8-year promissory note having a maturity value of $250,000 (interest payable annually). The company has to pay 11% interest for funds from its bank

Answers

Journal entries are those that are made at the beginning of the bookkeeping process. Once the entries have been put in the journal, ledger accounts are created for the next step in the process.

What constitutes a journal entry?

Each diary entry must have two accounts, one credit and one debit, in double-entry accounting. The number of additional accounts an accountant can include in a personal journal after the first two is unlimited.

What are the four most popular journals?

The cash receipts journal, monthly bank journal, cash sales journal, and cash purchases journal are the four primary special journals. These unique journals were created because certain journal entries recur.

To know more about journal entry visit:

https://brainly.com/question/20421012

#SPJ4

When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to

Answers

Option b is correct. If no legal heir is found for the property's deceased owner, the property will be awarded to the highest bidder in a sheriff's sale under the Pedigree Act.

If you die leaving no parents, spouse, descendants, siblings, your estate will pass to your grandparents, etc. All property passes to the government only when a person dies without leaving parents, spouse, descendants, and any of the above family members.

A person who commits or assists in murder shall not inherit the property of the murdered person or any other inheritance which committed the murder or assisted in the murder.

Under the Hindu Succession Act of 1956, if the deceased owner of property does not leave a will, the legal heirs will inherit the property in the order listed. Preferential treatment is given to first-class legal heirs. This includes immediate family members such as spouses, parents, children and their legal heirs.

Know more about government here:

https://brainly.com/question/16940043

#SPJ4

The complete question is:

When no legal heirs can be found for the deceased owner of a property, the laws of descent give the property to:

a. the winning bidder in a sheriff's sale.

b. the county or state.

c. the heirs of the previous owner of record.

d. a registered charity in the nearest municipality.

What is US GNP today?

Answers

The US Gross National Product (GNP) for September 2022 was estimated to be $6,471.358 billion USD. This represents an increase over the previously reported figure of 6,364.102 USD billion for June 2022.

What is United States Gross National Product (GNP)?The most important facts regarding the US Gross National Product (GNP)With 303 observations between March 1947 and September 2022, the US Gross National Product (GNP) data is updated quarterly and has an average value of 1,045.444 USD billion.The total value of the data ranged from 61.035 USD bn in March 1947 to 6,471.358 USD bn in September 2022, its all-time high.Additional details regarding US Gross National Product (GNP) dataUS Gross National Product (GNP) data continues to be reported by CEIC Data and is in an active status.Gross National Product is de-annualized quarterly by CEIC. Using NIPA 2018, the Bureau of Economic Analysis gives the annualized Gross National Product in USD. Auxiliary series that have been seasonally adjusted are utilized since the source does not provide non-seasonally adjusted data.

To Learn more About US Gross National Product Refer To:

https://brainly.com/question/4378857

#SPJ4

GDP is used as the basic measure of a society's economic well-being. A better measure of the economic well-being of individuals in society is a. investment per business firm. b. GDP per person. c. government expenditures per person. d. saving per person.

Answers

Option B is correct. GDP is used as the basic measure of a society's economic well-being. A better measure of the economic well-being of individuals in society is GDP per person.

GDP stands for Gross Domestic Product, which is a measure of the economic activity within a country. It is typically used to measure the size and growth of a country's economy. GDP is calculated by adding up the value of all goods and services produced within a country in a given period of time, typically a year. The most common way to express GDP is in terms of the total value of goods and services produced in a year, adjusted for inflation.

GDP=C+G+I+NX

where:

C=Consumption

G=Government spending

I=Investment

NX=Net exports

Know more about GDP - https://brainly.com/question/29748770

#SPJ4

Carla creates a trust to convey her assets to her children. Her brother, Alvin, is placed in charge of making sure the terms of the trust are carried out. In this example, Carla is the ________.

Answers

In this example, Carla is the truster.

A child asset is any asset that is tied to or closely linked to another asset, which is its parent asset, according to the broadest definition. It is an element or component within a bigger asset that can be maintained, repaired, or replaced.

Start by reducing. Consolidate and close any unnecessary brokerage, Demat, and bank accounts. Keep only the bare minimum. Ensure that nominations are finished for the active accounts, that online access is enabled, and that usernames are handed along with inheritance.

Family assets are assets (real estate, pensions, enterprises, vehicles, etc.) accumulated by one or both of the parties during the duration of the relationship. This also covers the increase in the equity or worth of a resource that existed independently of the relationship.

Learn more about child assets here:

https://brainly.com/question/29482407

#SPJ4

You researched several careers in this course. In 3–4 complete sentences, describe a career that matches your values, the education/training necessary for that career, and the career cluster to which the career belongs.


Im trying to write about like lawyers but I don't know what to say



btw this is Career Research and Decision Making

Answers

Answer:

Course Description

Explanation:

Career Research and Decision Making is a lifelong process that includes, exploring, choosing and implementing decisions about education, occupation, and related life roles. Students will develop knowledge and skills that will help them to manage their career throughout lif

Which of the following actions of an automobile firm will be considered as a strategic commitment?
a. The firm spending $100,000 on renting a manufacturing facility to meet the temporary demand for its cars
b. The firm launching an existing model of a car in red as a limited edition for six months
c. The firm promoting its new model of coupe through a free Europe trip worth $15,000 to be won as an early bird offer
d. The firm investing eight years and $4 billion to develop a range of hybrid cars with which it will compete in the future

Answers

Option (D) . The firm investing eight years and $4 billion to develop a range of hybrid cars with which it will compete in the future.

What is hybrid in a car?

A hybrid electric vehicle is powered by an internal combustion engine and one or more electric motors that use energy stored in batteries. It is not possible to connect a hybrid electric vehicle to charge the battery. Instead, the battery is recharged by regenerative braking and the internal combustion engine.

What is downside of hybrid car?

Bad handling:

Hybrids have more engines than traditional cars, which means more weight and less fuel consumption. As a result, hybrid vehicle manufacturers have had to downsize motors and batteries to save weight. However, this reduces vehicle performance and reduces body and suspension support.

Can hybrid car go for long distance?

Your hybrid can certainly handle long trips efficiently. The hybrid works more efficiently if you keep it under 50 mph. Driving in urban areas is therefore a more efficient way of getting around.

To know more about Hybrid Cars visit here:

https://brainly.com/question/16718906

#SPJ4

When strategic interactions are important to pricing and production decisions, a typical firm will a. consider exiting the market. b. consider how competing firms might respond to its actions. c. set the price of its product equal to marginal cost. d. generally operate as if it is a monopolist.

Answers

Think about how rival companies would react to its actions. o put its product's price at its marginal cost. do typically conduct business as a monopolist.

What are two rival companies

Companies' relentless competition to be the best frequently results in bitter rivalry. Consider comparing marketing and competitor comparison landing sites as examples of how public-facing the conflict is for some rival businesses. Others choose to keep their battle under wraps, limiting brand associations and concentrating efforts on highlighting their own advantages. Regardless of the competitive approach your business employs, I'm sure you'll agree that achieving and maintaining the top spot require a constant uphill struggle.

Know more about the conduct business visit:

https://brainly.com/question/20388723

#SPJ4

Which of the following statements is true about Hofstede's cultural dimensions? a. It measures culture through two different criteria: Values and Practices b. In the third phase, it examined the interactions of culture and leadership in upper-level management positions c. Surveyed with over 116,000 IBM respondents from over 70 different countries d. Surveyed managers in financial services, food processing, and telecommunications industries

Answers

Cultural dimensions are elements that aid in comprehending a culture's fundamental objectives and motives.

Which five aspects of culture did Hofstede identify?

Power distance, uncertainty avoidance, individualism/collectivism, masculinity/femininity, and long-term orientation are the five characteristics or "problem areas" he identified as representing disparities in national cultures (Hofstede, 1997).

How well do you understand Hofstede's Cultural Dimensions?

Geert Hofstede created a framework for intercultural communication called the cultural dimensions theory. It utilizes a structure developed from component analysis to demonstrate how a society's culture affects its members' values and how these values connect to behavior.

To know more about dimensions visit:

https://brainly.com/question/28688567

#SPJ4

g Manju is a full-time exempt employee living in Illinois who earns $60,580 annually and is paid biweekly. She is married filing jointly and has indicated checkbox withholding on her 2020 Form W-4. What is the total of her Federal and state income tax deductions for the most recent pay period

Answers

The total of her Federal and state income tax deductions for the most recent pay period is $162.

What is state income tax?

In addition to the federal income tax collected by the United States, the majority of individual states in the United States collect a state income tax. Some municipal governments also levy an income tax, which is frequently based on state income tax estimates. Individual income taxes are levied in 42 states and numerous cities around the United States. Eight states have no state income tax, while a ninth, New Hampshire, has a tax on dividends and interest income but not on other types of income. Corporation revenue is taxed in 47 states and several municipalities.

Biweekly payment to Manju = Annually payment / 26 weeks

=  $43680 / 26   =  $ 1680

She is married with three withholding allowances.

Now, we have to find out that federal tax in the given table range between 1680 to $1700 with 3 allowances.

Federal Tax = $99 (Given)

State Income Tax = biweekly Payment * Rate

= 1680 * 3.75 %

= $63

Total Tax = Federal Tax + State Income Tax

= $99 + $63

=$162

To learn more about state income tax, click

https://brainly.com/question/2733100

#SPJ4

Assume the following data for 120,000 units of a product that Spectacular Company expects to produce and sell during the current year: Manufacturing costs: Direct materials $1,200,000 Direct labor 3,000,000 Factory overhead: Variable costs $360,000 Fixed costs 150,000 510,000 Total manufacturing costs $4,710,000 Selling and administrative expenses: Variable expenses $360,000 Fixed costs 600,000 Total selling and administrative expenses 960,000 Total cost $5,670,000 Desired rate of return 23% Total assets $1,600,000 What will the normal selling price per unit be if calculated using the product cost concept

Answers

$50.32 will the normal selling price per unit be if calculated using the product cost concept.

The expenses incurred to produce a product are referred to as its cost. Direct labor, raw expenses, consumables competitively priced, and factory overhead are all included in these prices.

The cost of the labor necessary to provide a service to a customer can also be considered when determining product cost. Product costs are the expenses made to create a good that will be sold to a customer. Cost of the goods includes: Direct materials are purchased raw materials that are used right away in the manufacturing process.

For instance, a car manufacturer's direct material cost might be the metal used to construct the vehicle. Direct materials, direct labor, and overhead are the three main types of expenditures that are accounted for during the manufacturing process.

Learn more about the product cost concept here:

https://brainly.com/question/29994597

#SPJ4

According to the liquidity preference model, if the interest rate rises above its equilibrium value, the quantity demanded of nonmonetary interest-bearing financial assets ________ and this leads to a ________ in the interest rate.

Answers

According to the liquidity preference model, if the interest rate rises above its equilibrium value, the quantity demanded of nonmonetary interest-bearing financial assets increases and this leads to a fall in the interest rate.

According to the Liquidity Preference model, investors should expect a higher interest rate or premium for riskier securities with extended maturities because, when all other things are equal, they favour cash or other highly liquid investments. Macroeconomic theory defines liquidity preference as the demand for money taken into account as liquidity. It demonstrates the connection between interest rates and the amount of money that the population wants to hold. According to the Liquidity Preference Theory, the interest rate is the cost of borrowing money.

To learn more about liquidity preference model refer here:

https://brainly.com/question/28995205

#SPJ4

When was democracy introduced in America?

Answers

Democracy in America was first introduced in 1776 with the signing of the Declaration of Independence.

What is Democracy?

Democracy is a form of government in which power is vested in the people, who exercise it directly or through elected representatives. It is a system of government in which citizens have equal rights and the ability to participate in the decision-making process.

This document declared the United States of America as a sovereign nation, and it outlined the basic principles of democracy including the rights of citizens, the power of the people, and the role of government. The Constitution of the United States of America was then adopted in 1787, which outlined the structure of government and the laws of the nation. This document established the three branches of government: the executive, legislative, and judicial branches. These three branches are the basis for the American system of checks and balances, which ensures that no one branch of government has too much power.

To learn more about Democracy
https://brainly.com/question/30019591
#SPJ4

What is the mood of a poem called?

Answers

The mood of a poem is the atmosphere or feeling created by the poet's words.

What is the name for the poem's mood?It is the emotional reaction of the reader to the poem that can be described in terms of attitude, tone, and emotion. A poem’s mood can be conveyed through its theme, imagery, sound, and diction.The mood of a poem is often established by the poet’s choice of language. Poets use a variety of words to create a particular mood. For example, words used may be dark and depressing, joyous and uplifting, or mysterious and enigmatic. The poet’s choice of language can also be used to express a particular emotion such as love, anger, or despair.The atmosphere of a poem is also determined by its structure. The way the poem is organized and the poetic devices used in it can contribute to the overall mood of the poem. For instance, a poem with a consistent rhyme scheme and meter will usually create a sense of order and structure, while a poem that uses a freer form of writing may give the reader a sense of chaos.Finally, the title of a poem can also influence its overall mood. A poem with a tragic title may evoke a sense of sadness or despair, while a poem with a positive title may evoke feelings of joy or optimism. In short, the mood of a poem is determined by the poet’s choice of language, structure, imagery, symbols, and title. It is the emotional response of the reader to the poem, which can be described in terms of attitude, tone, and emotion.

To learn more about the mood of a poem refer to:

https://brainly.com/question/30124084

#SPJ4

Which of the following business expense deductions is most likely to be unreasonable in amount?
O Compensation paid to the taxpayer's spouse in excess of salary payments to other employees.
O Amounts paid to a subsidiary corporation for services where the amount is in excess of the cost of comparable services by competing corporations.
O Cost of a meal with a former client when there is no possibility of any future benefits from a relation with that client.
O All of the choices are likely to be unreasonable in amount.
O None of the choices are likely to be unreasonable in amount.

Answers

None of the choices are likely to be unreasonable in amount.

What are unreasonable demands?

Unreasonable demands are requests or assignments in the workplace that are far outside of your job description, require you to expend an excessive amount of effort or involve unrealistic expectations.

What are reasonable demands?

Reasonable market demand means the demand for oil or gas for reasonable current requirements for consumption and use within and without the state, together with such quantities as are reasonably necessary for building up or maintaining reasonable working stocks and reasonable reserves of oil or gas or product.

To know more about Reasonable and unreasonable demands, Visit: brainly.com/question/30111800

#SPJ4

Manju is a full-time exempt employee living in Illinois who earns $46,280 annually and is paid biweekly. She is married filing jointly and has indicated checkbox withholding on her 2020 Form W-4. What is the total of her Federal and state income tax deductions for the most recent pay period

Answers

For the most recent pay period, she deducted $162 in federal and state income taxes.

What is income tax deduction?

A tax deduction is a sum of money that lowers the amount of your taxable income and lowers your tax obligation. You can deduct some adjustments to income, such as: interest on student loans payments, after determining your total total pay for the year.

Biweekly payment to Manju = Annualy payment / 26 weeks

=  $43680 / 26   =  $ 1680

She has three withholding allowances and is married.

We must now determine the federal tax, which is shown in a chart and ranges from $1680 to $1700 with three allowances.

Federal Tax = $99 (Given)

State Income Tax = biweekly Payment * Rate

= 1680 * 3.75 %

= $63

Total Tax = Federal Tax + State Income Tax

= $99 + $63

=$162

To know more about tax deduction, visit:

https://brainly.com/question/29392161

#SPJ4

When buyers will purchase the same amount of a good, even though the price has increased, the demand for that item is .

Answers

Demand for an item is inelastic when consumers continue to buy the same volume of it even though the price has increased.

The demand curve is the relationship between price and quantity demand. Demand for a product is affected by a number of factors, including perceived need, price, perceived quality, convenience, available alternatives, customer preferences, and financial resources. How much did the good cost? A good's potential price and the quantities that might be purchased at those prices form the fundamental relationship between supply and demand. A rise in price will typically result in a drop in the quantity demanded because the relationship is frequently antagonistic. This unfavorable link can be seen visually in the consumer demand curve's declining slope.

Learn more about Demand from

brainly.com/question/1245771

#SPJ4

Dustin works for a company in Colorado that sells camping equipment. A customer comes in and tells Dustin that she wants a tent to go camping in the mountains with her family of four. Dustin recommends a lightweight tent that has good reliability ratings and shows her a floor model of the tent. She likes it and purchases it. A month later, Dustin receives notice that she is suing his company for breach of the warranty of fitness for a particular purpose. She alleges that she had to turn back from her quest to the top of Mount Everest because the tent Dustin sold her was not sturdy or warm enough. Explain why Dustin did not or did not breach the warranty of fitness for a particular purpose.

Answers

I am working in a Colorado that sells camping equipment. A customer asks for a tent to go on camping in the mountains. I recommended a lightweight tent with a good reliability rating. That customer purchased that tent and after a month, she sued my company for breaching of warranty of fitness for a particular purpose. But I did not breach the warranty of fitness for a particular purpose because:

She alleges that she had to come back from her quest; she had no proof of doing that.There is no sign that she suffered an injury because of that tent.I did not deliver the goods which were not fit for her purpose but she was not clear and particular in letting me know her purpose.She told me she wants a tent for mountain camping but she did not address that she is going to Mount Everest for camping. If she let me know that particular thing then I must have suggested something which could survive there.

The economic reliability of an industrial organization is determined with the aid of the following elements: reliability of control system, technical development, conservation activities, human resources management, financial and financial development, marketing sports, and production management.

However clinical efforts in this place certain considerable and evaluative troubles of financial reliability of commercial corporations in the real sector of the Russian economy have now not but received due theoretical interest and stay unsettled.

The perception of “economic reliability” is not simplest the principle component of an enterprise’s powerful improvement; it is also a guarantee of its further lucrative lifestyles in marketplace conditions.

To know more about Reliability visit here:

brainly.com/question/12408679

#SPJ4

What are the benefits of tracking income and spending according to a budget

Answers

Answer:

You won't go over on an account, also, if someone hacks into your account/ uses your money, you know who to contact, for you know that you didn't buy that item.

Explanation:

(1)It Helps You Stick to Your Budget.
(2)Tracking Your Expenses Can Reveal Spending Issues.
(3)It Helps You Meet Your Financial Objectives.
(4)Record Expenses With Pen and Paper.
(5)Make It Easier With an App or Software.
(6)Work Together as a Couple.

Bruce is a nonexempt employee at Grissom Industries, where he works in both the manufacturing and design departments. He is married with three dependents and is paid biweekly. He earns $25 per hour in the manufacturing department and $31.50 per hour in the design department. During the most recent biweekly pay period, he worked a total of 92 hours, 20 of which were in the design department. All overtime was in the manufacturing department. What is his gross pay

Answers

All overtime was in the manufacturing department. His gross pay is $2430.

Gross income is the sum of all wages, salaries, profits, interest, rent, and other income before any deductions or taxes for households and individuals. It is the opposite of net income, which is defined as total income minus taxes and other deductions.

Gross income is the difference between revenue and the cost of producing a product or providing a service before deducting operating expenses, wages, taxes, and interest payments for a business. It's not the same as operating profit. The terms gross margin and gross profit are sometimes used interchangeably, but they are not the same thing.

To know more about Gross pay here-

https://brainly.com/question/14690804

#SPJ4

Other Questions
HELP MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE What is output by the following code? c = 1 sum = 0 while (c < 10): c = c + 2 sum = sum + c print (sum) Which expression is equivalent to 2. 2m - 3. 5(4m- 1. 4) + 3. 6(8m -4. 5m)? Peter drove at an average speed of 120 km/h for 3 1/2 hours. If he has increased his speed by 20 km/h, how much time would he have saved? Britney pays head office rent of $12.000.0 for the next 12 months on 1st November 2050. The company's financial year runs from 1 January to 31 December. Which of the following is correct. ? Select One :o $2,000.0 will be in SG&A, $10,000.0 will be in prepaid assets o $10,000.0 will be in SG&A, $2,000.0 will be in accrued expense o $2,000.0 will be in COGS, $10,000.0 will be in accrued expense o $10,000.0 will be in COGS, $2,000.0 will be in prepaid assets The image does not show orders of insects. Suggest three categories of insects that would likelybe grouped into orders are frogs amphibians? Kohlberg believed that human moral development is strongly based on the fact that we all have a desire for justice and a(n) __________. According to your text, the biggest change in litigation in the last decade has been My heart, I cannot still it,Nest that had song-birds in it;And when the last shall go,The dreary days, to fill it,Instead of lark or linnet,Shall whirl dead leaves and snow.Had they been swallows only,Without the passion strongerThat skyward longs and sings,-Woe's me, I shall be lonelyWhen I can feel no longerThe impatience of their wings!A moment, sweet delusion,Introgenuity.com/ContentViewers/FrameCh...In "Auspex," what images are opposites that couldrepresent life and death? What is the right to liberty and life meaning? What are four consecutive even integers if the first integer is 4? Responses A) -4,-3,-2,-1b) -4,-2,0,2c) -4,-6,-8,-10D)-4,-5,-6,-7 Ming used the calculations shown to find out how much he would spend on 6 pound of ground beef if 10 pounds cost $25.00 what was mings error In chromatography, scientists use chemicals that can separate the parts of the mixture. These chemicals are called _______. (eight letters) Which of the following is a measure of the level of needs and wants enjoyed by the people of a nation? (4 points) Gross domestic product Life expectancy Poverty rate Standard of living Why does it benefit the mice to have dark fur? when journalizing an accounts payable account what account is crediteda. it depends on the transactionb. accounts payablec. cashd. accounts receivable Please help!!!!!!!!!!!!!!!!! Find the area of the irregular polygon? What does Article 1 Section 9 say about powers and Congress?