Gail is single and earned $28,000 as a cashier, her only income. gail's son tony is 17 years old and a full-time student in high school. tony received social security survivor benefits of $5,000 in 2019. none of those benefits were taxable. he earned $10,000 during the summer working as a website developer. tony had no withholding in box 2 of his form w-2. he used his social security survivor benefits and wages to provide over half of his own support. gail and tony lived together all of 2019 and are u. s. citizens with valid social security numbers.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times