2. Mrs. Carroll and Ms. Howard decide to divide all profits and share all losses using a fixed

ratio. If the ratio agreed upon is in proportion to their original investment, what would be
Ms. Howard’s share of a $60,000 end-of-year profit? (Hint: The original total investment
was $32,000—$8,000 from Ms. Howard and $24,000 from Mrs. Carroll. Ms. Howard’s
$8,000 is one-fourth, or 25 percent, of the total.)
A. $10,000 C. $25,000
B. $15,000 D. $30,000
3. What type of business tax form do Mrs. Carroll and Ms. Howard need to file 75 days after
the close of the fiscal year?
A. Schedule C C. Form 1120
B. Form 1065 D. Form 990
4. Carefully read the following paragraph:
Learning takes place during all the child’s activities and interactions. The classroom is
organized to give children opportunities to explore, discover, and grow in a warm, secure
environment, with teachers prepared to guide and challenge.We recognize that all children
are unique individuals who learn in different ways, at different times, and from each other
as well as from adults.
This statement is an example of
A. standards. C. regulations.
B. a philosophy. D. a goal.

Please note that we don't do students' homework for them. Be sure to go back into your textbook or use a good search engine. http://hanlib.sou.edu/searchtools/

Once YOU have come up with attempted answers to YOUR questions, please re-post and let us know what you think. Then someone here will be happy to comment on your thinking.

I have done the work these are the ones i have got one!

What type of business tax form do Mrs. Carroll and Ms. Howard need to file 75 days after the close of the fiscal year?

c1x61c6as16f51s5+c1fsa

1. A 2.c 3, d 4a

2. To find Ms. Howard's share of the $60,000 end-of-year profit, we need to determine the ratio of her investment to the total investment. The original total investment was $32,000, with $8,000 from Ms. Howard and $24,000 from Mrs. Carroll.

Ms. Howard's $8,000 represents one-fourth, or 25%, of the total investment. To calculate her share of the profit, we multiply the total profit by this percentage:
$60,000 x 0.25 = $15,000

Therefore, Ms. Howard's share of the $60,000 end-of-year profit would be $15,000.

The correct answer is B. $15,000.

3. Mrs. Carroll and Ms. Howard need to file a specific tax form 75 days after the close of the fiscal year. To determine which form they need to file, we should look for information related to the type of business they are operating.

A. Schedule C: This form is used for self-employed individuals operating a sole proprietorship.

C. Form 1120: This form is for corporations.

B. Form 1065: This form is specifically for partnerships and is used to report the income, deductions, gains, and losses of the partnership.

D. Form 990: This form is for tax-exempt organizations, such as nonprofits.

Based on the information provided, Mrs. Carroll and Ms. Howard seem to be operating a partnership, as they are sharing profits and losses. Therefore, they would need to file Form 1065, as this is the appropriate tax form for partnerships.

The correct answer is B. Form 1065.

4. The provided paragraph represents a statement that indicates the philosophy of the organization or individuals involved.

A. Standards: These are specific criteria or guidelines that are established to determine the quality or level of performance.

C. Regulations: These are rules or laws that are set and enforced by an authoritative body.

B. A philosophy: It refers to a belief system, a set of values, principles, or guidelines that guide one's actions and decisions.

D. A goal: It represents a desired outcome or result that one aims to achieve.

In this case, the paragraph reflects the organization's beliefs about learning, children's unique characteristics, and the role of teachers in providing a warm and secure environment for growth. Therefore, the statement is an example of a philosophy.

The correct answer is B. A philosophy.