During 2019, Barry (who is single and has no children) earned a salary of $13,100. He is age 30. His earned income credit for the year is:
A. $0.
B. $189.
C. $340.
D. $529.
Answer: B
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The original creditors of both firms in a merger would benefit from the overall decrease in the probability of bankruptcy that attends the merger, which in turn results from the associated with creditors now having a claim against a larger
combined firm. a. tax reduction b. increased interest payments c. decreased principle d. co-insurance
During a period of recession the Federal Reserve 1. increases the target federal funds rate 2. buys government securities 3. sells government securities 4. lowers the target federal funds rate
A. 1 and 2 B. 1 and 3 C. 2 and 4 D. 3 and 4
Julio is single with 1 withholding allowance. He earned $1,025.00 during the most recent semimonthly pay period. He needs to decide between contributing 3% and $30 to his 401(k) plan. If he chooses the method that results in the lowest taxable income, how much will be withheld for Federal income tax (based on the following table)?
A) $77.00
B) $86.00
C) $92.00
D) Both yield the same tax amount
Underpricing of an IPO would most likely be greatest in which of the following markets?
A) Australia B) China C) Japan D) United States