What is the amount of Kendall’s Schedule C gross income?
A. $300 B. $1,800 C. $15,245 D. $17,345
Answers
Option C: When a taxpayer operates a business or profession, they must complete Schedule C (Form 1040) and report their gross income or loss. Kendall's Schedule C gross income amount is "$15,245."
What is a Schedule C form, A Schedule C form, also known as Form 1040, is used by sole proprietors to report business profit or loss on their tax returns. It must be completed in conjunction with a tax return and is used to determine the amount of taxes that must be paid to the IRS.
Schedule C reports the gross income and expenses of a sole proprietorship business or profession, resulting in a net income or loss amount that is transferred to the taxpayer's personal income tax return.
Gross receipts and sales$1,255
Gross return, allowances, and refunds After adding them together, we get the following:
$17,500 + $1,255 = $18,755
Now that we have the gross receipts and sales amount, it must be reduced by the cost of goods sold (COGS) to calculate gross profit.
Here's the calculation for Kendall's business: $18,755 Gross receipts and sales–$3,510 Cost of goods sold (COGS)$15,245 Gross profit
Therefore, Kendall's Schedule C gross income is $15,245 (option C).
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Related Questions
when the x-box 360 continuously failed early, what type of quality issue was it? group of answer choices reliability issue endemic issue durability issue overall issue performance issue csu mgt 301
Answers
The issue with the X-box 360 failing early can be classified as a reliability issue. Relia-bility refers to the ability of a product to perform its intended function without failure for a certain period of time.
In this case, the X-box 360 was not able to function properly and failed earlier than expected, resulting in a negative impact on its reliability. This type of issue is often related to the design or manufacturing process of the product and can lead to significant customer dissatis-faction and financial losses for the company.
The X-box 360's continuous failures early on were primarily due to a reliability issue. The problem was caused by a design flaw in the conso-le's hardware
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indigo corp. has an roi of 15% and a residual income of $10,000. if operating income equals $30,000, what is the hurdle rate?
Answers
Residual Income = Operating Income - (Hurdle Rate x Investment). $10,000 = $30,000 - (Hurdle Rate x ($30,000 / 15%)). Hurdle Rate = $20,000
Is hurdle fee equal as IRR?The hurdle rate is the minimal fee of return on an investment that will offset its costs. The interior fee of return is the amount above the break-even point that an investment may earn. A favorable decision on a undertaking can be predicted solely if the inner charge of return is equal to or above the hurdle rate.
A hurdle rate is the minimum rate of return on a undertaking or investment required with the aid of a supervisor or investor. It allows companies to make important selections on whether or not to pursue a specific project.
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https://brainly.com/question/14285844#SPJ4True or false
Is purchasing a new video game a fixed expense?
Answers
Answer:
Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities
Explanation:
Maybe this will help you.
United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six vendors that can provide packaging mate
Answers
United Express Service (UES) uses large quantities of packaging materials at its four distribution hubs. After screening potential suppliers, UES identified six vendors that can provide packaging materials.
To determine which vendors to use, UES used the technique of competitive bidding to compare the prices offered by the different vendors.
Competitive bidding is a process whereby a company or organization invites multiple suppliers to submit a bid for the supply of goods or services.
In competitive bidding, vendors are informed of the requirements, specifications, and terms of a product or service needed and are asked to submit a proposal detailing how they can meet those requirements.
UES utilized this technique to select the vendor with the best price to supply packaging materials. After reviewing the submitted bids, UES awarded the contract to the vendor with the most competitive offer to supply the packaging materials.
Thus, using the competitive bidding technique was helpful to UES in selecting the vendor with the best price for the packaging materials.
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John Maynard Keynes argued that governments should:
Answers
Answer:
Keynes believed that governments should increase spending and lower taxes in order to stimulate demand in the face of recession.
Explanation:
Answer:
Spend more money to help reduce unemployment.
Explanation:
How much notice does the Worker Adjustment and Retraining Notification
(WARN) Act require employers give their employees when a facility is
closing?
A. 120 days
B. 90 days
C. 60 days
D. 30 days
Answers
Answer:60 days
Explanation:
ap3x
Answer:
The question may also ask:
The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of how many days before reducing a workforce?
The answer is still 60 days
Explanation:
4. What celebrity (artist) endorsed Magnises?
Answers
Magnises is a social club that was founded in 2014 by Billy McFarland. The club offered its members exclusive access to various events and services, including concerts, private jet trips, and hotel discounts.
One of the ways that Magnises attracted new members was through celebrity endorsements. While Magnises did not have any official celebrity endorsers, the company did have several high-profile members, including musicians and actors. One of the most notable members was Ja Rule, a rapper and actor who co-founded the ill-fated Fyre Festival with Billy McFarland. Other musicians who were reportedly members of Magnises included Young Thug, Rick Ross, and Lil Wayne. These artists may have indirectly endorsed the social club by being associated with it, but there is no evidence that they were paid to promote Magnises.
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models of financial markets that emphasize psychological factors affecting investor behavior are called . data mining fundamental analysis charting behavioral finance
Answers
Models of financial markets that emphasize psychological factors affecting investor behavior are called behavioral finance. Apparently, behavioral finance refers to the application of behavioral economics to the field of finance.
The subject of behavioral finance examines how psychological factors affects the actions of investors or financial analysts. The repercussions on the markets that precede are also addressed. It emphasizes the reality that investors are subject to biases, have limits to their self-control, and are not always rational.
The assumption that psychological factors influence stock market fluctuations is in direct opposition to well-established theories that support the premise that financial markets are efficient. Behavioral finance sees investors as "normal," yet prone to biases and mistakes in judgment. There are at least four categories into which we might group the biases and mistakes in decision-making.
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Protecting intellectual property rights is important to a free enterprise system because:
A. it gives the government the ability to regulate businesses.
B. it allows entrepreneurs to profit from their ideas.
C. it ensures that businesses sell products at fair prices.
D. it makes more money available for starting new companies
Answers
Answer:
B. it allows entrepreneurs to profit from their ideas.
Explanation:
Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.
Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.
At base, the mainstream concept of poverty translates to a. sufficient hard currency but insufficient purchasing power. b. an almost Calvinist self-betterment. c. unfulfilled material needs. d. an abundance of liquidity.
Answers
At base, the mainstream concept of poverty translates to c. unfulfilled material needs.
What is Poverty?This refers to the financial state of not being able to afford the basic needs of a person.
Hence, at the base level, the mainstream concept of poverty translates to "not enough money in the pocket" which has to do with low or insufficient purchasing power and this leads to a list of c. unfulfilled material needs.
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Comments allow you to make suggestions without changing the contents of a document.
T or F
Answers
It is important for a government to have a currency that is easily exchanged in world markets because it:
Answers
A country's currency should be easily exchangeable because d. lets you buy and sell goods and services anywhere in the world.
Importance of international trade Allows a country and its people to get richer. Allows consumers to have access to more goods and services.Those goods and services need to be able to be purchased regardless of the country one is in. This is why currency needs to be easily exchangeable so as to facilitate this trade.
In conclusion, option D is correct.
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1. If average fixed cost is 40 and average variable cost is 80 for a given output, we then know that average total cost is
Answers
Answer:
120
Explanation:
Average total cost = average fixed cost + average variable cost
average fixed cost = Total fixed cost / quantity
40 + 80 = 120
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
average variable cost = total variable cost / quantity
Variable costs are costs that vary with production. Hourly wage costs and payments for production inputs are examples of variable costs
Due to an increase in bots on its site, which platform said it is rolling out new features to help users spot fake accounts?.
Answers
Up to 11.9 million fake accounts as well as 4.4 million accounts were purportedly deleted by LinkedIn in 2021, long before they were discovered. Some users of LinkedIn will be able to start using features this week that will use their work email address to verify their profiles.
What is fake accounts?
Online identities that don't belong to actual users are known as fake accounts. Some are made for satirical purposes, some for fraud, and some for disseminating false information. Bots are frequently used to run fake accounts. Similar to real users, bots can like, share, as well as comment on social media platforms. Social media bots have had the potential to pose a threat when they imitate the actions of actual users and actively participate in public discourse, including, some claim, influencing election results.
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What must be included on the label of TCS food that was prepped in-house?
Answers
The label of TCS (Time and Temperature Control for Safety) food that was prepped in-house must include the following information:
What must be included on the label of TCS food that was prepped in-house?Product name and description: Clearly state the name of the food product and a brief description of its ingredients and preparation method.Date marking: Indicate the date of preparation or the use-by date. Ingredients list: List all ingredients used in the preparation of the food, including any allergens.Allergen information: Highlight any allergens present in the food.Food safety and handling instructions: Provide information on how to properly store, reheat, and handle the food to ensure its safety for consumption.Name and address of the establishment: Include the name and address of the establishment where the food was prepared.Health department inspection information: Display the local health department's most recent inspection results or a statement indicating that the food was prepared in a licensed and inspected kitchen.Source of ingredients: Indicate where the ingredients used in the preparation of the food were sourced from.Contact information: Provide a phone number or email address for customers to contact the establishment with questions or concerns.To learn more about TCS food refer:
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baket gusto mo maging flight attendant
Answers
A car has a base price of $23,800.00. Options cost $356.00, $785.00, and $900.00 for stereo, wheels and paint. Destination charges are $640.00. The dealer pays 82% of the base price and 75% of the options. Determine the sticker price.
$25,000.00
$23,800.00
$26,481.00
$25,841.00
Answers
The sticker price of the car is $26,481.00 based on the component costs provided
What is the sticker price of the car?
The sticker price of the car comprises the retail price, the cost of options as well as the destination charges, which is also referred to as the cost for economy mileage, bearing in mind that sticker price is the price of car written on a sticker and affixed to a car.
The sticker price=base price+cost of stereo+cost of wheels+cost of paint+destination charges
base price= $23,800.00
cost of stereo=$356.00
cost of wheels=$785.00
cost of paint=$900.00
destination charges=$640
sticker price=$23,800.00+$356.0+$785.00+$900+$640.00
sticker price=$ 26,481.00
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How many order ready reminders are sent and what is the cadence?
Answers
Cadence has always been associated with rhythm—the rhythm of music, of marching, of a person's voice, and of natural noises. As our definition demonstrates, the word has also been used for other purposes for a very long time, most of which still relate to sound. In business lingo, "cadence" refers to how frequently a regularly scheduled event takes place.
A call cadence, also known as a sales cadence, is a strategy that specifies how frequently and how long a salesperson should wait before contacting a lead. A call cadence aids in keeping you in your sales lead's thoughts.
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I need help I don’t get this
Answers
The friest answer bc she said budget
Answer:
it's C, because when you budget you are trying to save money.
Explanation:
Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:
Answers
Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.
This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.
Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.
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In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answers
Answer:
15 is the answer you are looking
examine the freshdirect business model and list reasons for its competitive advantage using the porter's five forces model
Answers
Fresh Direct is an online grocery delivery service that sources food directly from manufacturers and farms and delivers them to customers' doors. Using Porter's Five Forces Model, we can analyze its business model and list the reasons for its competitive advantage.
Porter's Five Forces Model examines five competitive forces that shape a company's environment: the threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitutes, and competitive rivalry. Here's how FreshDirect's business model fares in each of these forces:
1. Threat of New Entrants: FreshDirect faces a high barrier to entry due to its complex supply chain network and customer base. It has established relationships with suppliers and customers that would be hard to replicate.
2. Bargaining Power of Suppliers: FreshDirect has established partnerships with various suppliers. It purchases products directly from farmers and manufacturers, which allows it to offer better prices to customers while still generating revenue.
3. Bargaining Power of Buyers: FreshDirect's business model of sourcing food directly from suppliers allows it to offer competitive prices to customers. It also offers various promotions and discounts, which increases its bargaining power with customers.
4. Threat of Substitutes: While there are substitutes like traditional grocery stores and other online grocery delivery services, FreshDirect's unique business model of sourcing food directly from suppliers is hard to replicate, which gives it a competitive advantage.
5. Competitive Rivalry: FreshDirect faces competition from other online grocery delivery services like Amazon Fresh, Instacart, and Peapod. However, its unique business model and established supplier relationships make it stand out in the market.
In conclusion, FreshDirect's business model has a competitive advantage due to its established supplier relationships, low bargaining power of buyers, and the uniqueness of its business model. These factors help FreshDirect overcome some of the challenges posed by Porter's Five Forces Model.
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NEED HELP ASAP.
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
A) getting two credit cards, so you always have a line of credit open for use.
B) raising your borrowing limit on your credit card so you can spend more
C) only credit cards that offer a low APR
D) only credit cards that offer zero annual fees even if the APR is high.
Answers
Answer:
D
Explanation:
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider only credit cards that offer zero annual fees even if the APR is high.
What is the Balance?Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.
When you can, try to pay off the entire sum on your credit card. Maintaining a recurring credit card load can increase your credit usage rate, which is one of the factors used to determine your credit ratings, and cost you money in interest.
If you pay off the entire balance on your credit card by the due date each month, interest will not be charged. Improve your credit score: You may build a solid payment history by using your credit card and paying off the balance.
Therefore, Thus option (D) is correct.
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the average commission you earn from each transaction is $6,000, and 20% of your leads turn into clients. using the funnel, what else do you need to know to calculate how many leads you will need if you want to earn $50,000 in a year?
Answers
Leads you will need if you want to earn $50,000 in a year: to generate 225 leads given that you have an average commission of $6,000 per transaction and a 20% conversion rate from leads to clients
To calculate how many leads you will need to earn $50,000 in a year with an average commission of $6,000 per transaction and a 20% conversion rate, you will need to follow these steps:
1. Determine your target number of transactions: Start by figuring out how many transactions you need to reach your target income of $50,000. Divide the target income by the average commission per transaction:
$50,000 / $6,000 = 8.33 (round up to 9 transactions)
2. Calculate the required number of clients: Since 20% of your leads turn into clients, determine how many clients you need to have the desired number of transactions. Multiply the target number of transactions by the conversion rate:
9 transactions / 0.20 = 45 clients
3. Find the number of leads needed: Lastly, calculate the number of leads you need to generate to get the required number of clients. Divide the number of clients by the conversion rate:
45 clients / 0.20 = 225 leads
In conclusion, you will need to generate 225 leads to earn $50,000 in a year, given that you have an average commission of $6,000 per transaction and a 20% conversion rate from leads to clients.
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Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answers
Answer:
Ability to work well with a project team
Explanation:
Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answers
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
Which of the following bond mutual funds has both the lowest default risk and the lowest interest rate risk?A) Short-term TreasuryB) Long-term Ginnie MaeC) Long-term corporateD) Short-term high yield
Answers
The following bond mutual funds has both the lowest default risk and the lowest interest rate risk: Short-term Treasury. The correct option is A.
Among the options provided, the Short-term Treasury bond mutual fund is likely to have both the lowest default risk and the lowest interest rate risk.
Treasury bonds are issued by the U.S. government and are considered to have minimal default risk since the government has the ability to print money or raise taxes to fulfill its debt obligations. Short-term Treasury bonds have a shorter maturity, which reduces interest rate risk.
Interest rate risk refers to the potential for bond prices to decline when interest rates rise. Short-term bonds are less sensitive to changes in interest rates compared to long-term bonds, as they have a shorter time to maturity.
On the other hand, Long-term Ginnie Mae, Long-term corporate, and Short-term high yield bond mutual funds typically carry higher default risk or interest rate risk compared to Short-term Treasury funds.
Therefore, the Short-term Treasury bond mutual fund is likely to have the lowest default risk and the lowest interest rate risk among the options provided. The correct option is A.
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Se venció una letra de cambio por $2,000 hace tres meses y se cobra el 1% mensual más IVA (16%) de intereses. Cual es el ajuste
Answers
Answer:
ajuste por moras e intereses = $23.20
valro de la letra de cambio = $2,000
total $2,023.20
Explanation:
el interes real que se cobra por mes = 1% x (1 + 16%) = 1.16%
el valor total de los intereses cobrados mas la letra inicial = $2,000 x (1 + 1.16%)³ = $2,000 x 1.016³ = $2,023.20
ajuste por moras e intereses = $23.20
valro de la letra de cambio = $2,000
total $2,023.20
why is it important to know your job criteria before searching for a job?
Answers
It is important to know your job criteria before searching for a job because it helps in aligning your skills, interests, and goals with the right employment opportunities.
Knowing your job criteria allows you to focus your job search efforts effectively. By identifying the specific skills, qualifications, and experiences you are seeking in a job, you can narrow down your search and target positions that align with your desired criteria. This saves time and effort by avoiding irrelevant job opportunities.
Additionally, understanding your job criteria enables you to make informed decisions about potential job offers. When you have a clear understanding of what you are looking for in a job, you can evaluate opportunities based on how well they match your criteria. This helps ensure a better fit between you and the job, leading to greater job satisfaction and career success.
Overall, knowing your job criteria provides clarity and direction in your job search, helping you pursue opportunities that align with your skills, interests, and long-term career goals.
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Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?
Answers
The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.
By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.
Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.
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