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slega [8]
2 years ago
13

Jamie is single. In 2021, she reported $104,000 of taxable income, including a long-term capital gain of $5,400. What is her gro

ss tax liability
Business
1 answer:
Vikentia [17]2 years ago
8 0

For a $104,000 of taxable income, including a long-term capital gain of $5,400, her gross tax liability  is mathematically given as

T=$17479

<h3>What is her gross tax liability?</h3>

Generally, the $95000 will be charged with an ordinary tax rate

Capital gain of $5000  will be charged by 12% rate.

Therefore, Tax on $95000

Tx = 14605.50+ 24%*(95000 - 85526)

Tx= $16879.26

ForCapital gain

Cx= 12%*5000

Cx= $600

In conclusion, her gross tax liability

T= 16879.26 + 600

T=$17479

Read more about Arithmetic

brainly.com/question/22568180

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Visburg Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside
AleksandrR [38]

Answer:

$45,600 and yes

Explanation:

The computation of the contribution to profit from the special order is shown below:

= Sales revenue - Material cost - Labor cost

where,

Sales revenue = $3,300 × 40 slabs  = $132,000

Material cost = $1,440 × 40 slabs  = $57,600

Labor cost = = $7200 × 40 slabs  = $28,800

Now put these values to the above formula  

So, the value would equal to

= $132,000 - $57,600 - $28,800

= $45,600

The material and labor cost is a variable cost and the same is taken in the computation part

So, it should accept the special order

6 0
3 years ago
Received a $665 deposit from a customer who wanted her piano rebuilt in February. Rented a part of the building to a bicycle rep
andrey2020 [161]

Answer:

1. Dr Cash 665

        Cr Advance from customer   665

2. Dr Cash  685

           Cr     Other income   685

3. Dr cash   18675

      Cr   Account receivable    18675

4. Dr Account receivable     9600

          Cr        Sales revenue         9600

5. Dr Cash     8000

             Cr Account receivable      8000

6.Dr Utility expense   395

            Utility expense payable     395

7. Dr Supplies   1255

         Cr            Accounts payable   1255

8. Dr Accounts payable   2600

               Cr Cash                    2600

9.Dr Salaries and wages expense   12200

                 Cr Cash                                        12200

Explanation:

4 0
4 years ago
If you are stopped by a police officer for driving without having all passengers under the age of 18 properly restraint, you can
Ivan

Answer:

D)3 points

Explanation:

When children are involved, seatbelt tickets may mean points.

You won't typically get points if cited for failing to wear your seatbelt, but in New York, if you are ticketed for having a child in the car under age 16 without a seatbelt, the violation adds 3 points to your driving record. A seatbelt ticket will raise your rates by an average of three percent

4 0
3 years ago
Jasmine Carmichael has been called for jury duty. When Jasmine reports for jury duty, she is sent to a court room with others fo
belka [17]

Answer:

a. ​Jasmine can be removed for cause.

Explanation:

Voir Dire is the questioning phase of jury selection in which the attorneys of both sides ask questions to see if the jury members are qualified.

When someone is removed for cause it means that the attorney thinks that the jury member can't be impartial based on bias or conflict.

In this case Jasmine can't be impartial because of her past relationship with the prosecutor.

5 0
3 years ago
Purchasing professionals need to ________ and ________ in order to find the right supplier.
vovangra [49]

Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

To know more about purchasing professional click here:

http//brainly.com/question/27818182

#SPJ4

8 0
2 years ago
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