A taxpayer with an AGI of $157,350 for 2018 pays estimated taxes. The taxpayer can avoid an underpayment penalty by paying:
A. At least 100% of the 2018 tax liability ratably over four quarterly payments.
B. At least 100% of the 2016 tax liability ratably over four quarterly payments.
C. At least 90% of the 2017 tax liability if 2017 adjusted gross income was less than $100,000, regardless of filing status.
D. At least 90% of the 2018 tax liability ratably over four quarterly payments.
Answer: D
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Total operating expenses on Harmon Company's income statement for last year totaled $370,000. During the year the accrued liabilities increased by $18,000, and prepaid expenses increased by $25,000. Depreciation expense for the year were $45,000. Based on this information, operating expenses adjusted to cash basis under the direct method on the statement of cash flows would be:
A) $318,000. B) $332,000. C) $422,000. D) $408,000.
Which of the following challenging scenarios would NOT be examined by macro-marketing?
A. Cedar Point Amusement Park would like to attract customers all year long, but its marketing strategy is currently limited to discount season pass offers during winter months while the park is closed. B. Producers tend to locate where it is economical to produce, but consumers are located in many scattered places. C. Producers prefer to manufacture goods in large quantities, but consumers buy in small quantities. D. Producers set prices to cover costs and make a profit, but consumers choose goods based on their ability to pay. E. Consumers require a wide assortment of food items, but individual producers can offer only a narrow assortment of food products.
The matrix structure gives each employee ________ chain(s) of command.
A. team-based B. mechanistic C. infinite D. at least two E. organic
Answer the following statement(s) true (T) or false (F)
When conducting a study, researchers should try as much as possible to reduce the likelihood of error by removing all competing reasons for any differences or relationships.