Rex and Dena are married and have two children, Michelle (age 7) and Nancy (age 5). During 2017, Rex earned a salary of $24,500, received interest income of $300, and filed a joint income tax return with Dena. Dena had $0 gross income. Their earned income credit for the year is:
a. $0.
b. $5,316.
c. $5,433.
d. $5,616.
c
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The largest retail company in the world is headquartered in the United States of America.
Answer the following statement true (T) or false (F)
The arbitration process strongly resembles court proceedings in that it utilizes similar rules of evidence, burden of proof, etc. However, unlike a judge, the arbitrator also has the ability to work outside these rules when necessary. As such, arbitration can be called a _______________________________ process.
Fill in the blank(s) with the appropriate word(s).
________ give a short-term direction to a business and serve as benchmarks for measuring performance.
A. Objectives B. Missions C. Strategies D. Budgets
What is the primary disadvantage of both a sole proprietorship and a partnership that a corporation overcomes?
A. No access to capital B. Taxing complications C. Unlimited liability D. Ease of start-up E. Lack of secrecy