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Question - Jake worked in Blue Lake summer camp, which paid him $3,000 in 2015 as a independent contractor (self-employed).
1. What form did Blue Lake Summer Camp send to Jake to report these earnings?
2. Jake later discovered that the camp improperly classified him as a independent contractor when he really should have been classified as an employee. Jake already filed his 2015 tax return and paid his 2015 taxes as an independent contractor (but unfortunately had no business deductions to claim against the $3,000 income). Assuming that Blue Lake Summer Camp agrees that Jake was misclassified, how much refund should he receive?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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