This year, Jennifer's company paid $400,000 in wages, $850,000 for overhead

expenses, and $75,000 for advertising. It made a profit of $23,000.

On which amount will Jennifer need to pay federal business taxes?

A. The $23,000 in profits

B. The $75,000 in advertising cost

C. The $400,000 in wages

D. The $850,000 in overhead expenses

In a response to public outcry over the internal revenue service's (irs) extent and abuse of power, the federal government has decided to disband the irs in favor of creating a new administrative agency to oversee taxation. as a business owner, what steps might you be able to take to ensure there are control's and limits to the agency's power? how does this compare with the controls available to branches of the government?

Around the third week of a college class, a professor decides she’s had enough, is tired of dealing with bureaucracies, and wants out. so one day, instead of coming to class, she flies to tahiti and sells souvenirs on the beach. if this happened, the college would simply assign a substitute to finish the course. what does this tell you about the nature of the authority wielded by a professor?

The concept of limited government holds that