Failure to make required estimated payments will subject the taxpayer to a potential underpayment penalty plus interest. However, if the difference between the tax shown on the return and the amount of tax withheld for wages is less than ________, the taxpayer will not be assessed a penalty.
A. $1,000
B. $500
C. $850
D. $1,250
Answer: A
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Falcon Co Produces a single product. Its normal selling price is $30 per unit. The variable costs are $19 per unit. Fixed costs are $25,000 for a normal production run of 5,000 units per month. Falcon received a request for a special order that would not interfere with normal sales. The order was for 1,500 units and a special price of $20.00 per unit. Falcon Co has the capacity to handle the
special order and, for this order, a variable selling cost of $1 per unit would be eliminated. If the order is accepted, what would be the impact on net income? A) decrease of $750 B) decrease of $4,500 C) increase of $3,000 D) increase of $1,500
If it cost a company $50,000 to recruit and hire 5 applicants, what was the cost per hire?
A. $5,000 B. $50,000 C. $1,000 D. $250,000 E. $10,000
Discuss and exemplify how you can take your time to think through your answer before responding.
What will be an ideal response?
Identify and briefly describe, in order, each of the four major stages of the venture capital process.
What will be an ideal response?