1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NeTakaya
1 year ago
8

find the agi and taxable income. responses$20,222 and $7,822$20,222 and $7,822$19,007 and $6,362$19,007 and $6,362$19,007 and $7

,822$19,007 and $7,822$20,222 and $6,362
Business
1 answer:
Ganezh [65]1 year ago
7 0

A person's taxable income is calculated by deducting all allowable deductions and tax-free expenses from their gross total income, which is a rather straightforward formula.

When applied to a person, it is represented as, Formula for Calculating Taxable Income: Gross Total Income - All Exemptions - All Deductions

Income subject to tax: $19,606

$41,821 in taxable income

9,838 Taxable Income

The amount of income used to determine how much tax an individual or business owes the government in a specific tax year is known as taxable income. Knowing one's total taxable income is crucial because it makes calculating the final amount of tax that will be paid or refunded much simpler.

To know more about taxable income click here:-

brainly.com/question/17961582

#SPJ4

You might be interested in
Kodak is a company name associated with photography. The company has recognized that digital photography is a threat to the futu
Ksivusya [100]

Answer:

The correct answer to the following question will be Option B (design competition).

Explanation:

  • Design competition seems to be a platform that allows participants to overcome a problem domain as well as compete against someone else, mostly their colleagues, to obtain an honor or perhaps a construction project.
  • In comparison to the greatest design, arts as well as architecture blogs around the world, A' Design Recognition and Competition distributes every information throughout the design internet networks.

Some other available options have no connection with the given scenario. So choice B seems to be the right answer to that.

5 0
3 years ago
The country of Leverett is a small open economy. Use the information provided below to answer the following questions about nati
oee [108]

Answer:

Explanation:

When Leverett's exports became less popular, its savings, Y-C-G does not change. Reason being that, it is assumed that Y depends on the amount of capital and labour, consumption depends only on disposable income and government spending is a fixed extrinsic variable.

Since investment depends on interest rate, and Leverett is a small open economy that takes the interest rate as given, thus investment also does not change . Neither does net export change (This is shown by the S-I curve in the attachment).

The decreased popularity of Leverett's exports leads to an inward shift of the net export curve inward. At the new equilibrium,net exports remains unchanged, though the currency has depreciated.

Leverett's trade balance remained the same, despite the fact that its exports are less popular, this is due to the fact that  the depreciated currency provides a stimulus to net exports which overcomes the unpopularity of its exports by making them cheaper.

b. Leverett's currency now buys less foreign currency, thus traveling abroad  becomes more expensive. This is an instance showing that imports (including foreign travel) have become more expensive- as required to keep net exports unchanged in the case of decreased demand for exports.  

8 0
3 years ago
Read 2 more answers
Presented below is information available for Crane Company.
JulsSmile [24]

Answer:

the acid-test ratio is 1.5 times

Explanation:

The computation of the acid-test ratio is as follows:

Acid test Ratio = Quick assets ÷ current liabilities

where,

Quick Assets is

= Cash + short tern investments + Account receivable

= $3,500 + $50,000 + $56,000

= $109,500

And, the current liabilities is $73,000

So, the acid-test ratio is

= $109,500 ÷ $73,000

= 1.5 times

Hence, the acid-test ratio is 1.5 times

3 0
2 years ago
1. An example of an unsecured debt is a(n) _____. (1 point)
DerKrebs [107]
1) A student loan is an example of an unsecured debt. A secured debt is when a person has something as collateral like their automobile. 

2) Unsecured debts usually have higher interest rates when compared to something with a secured debt. 
8 0
3 years ago
Read 2 more answers
An investment of $10,000 today is estimated to return $11,500 a year from now. The $11,500 is called the ________ of the investm
zheka24 [161]
The answer is future-value
8 0
3 years ago
Other questions:
  • To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided int
    8·1 answer
  • What type of policy would offer a 40-year old the quickest accumulation of cash value?
    5·1 answer
  • After completing your turn, and before changing lanes, you should:
    13·1 answer
  • At one school, the average amount of time tenth-graders spend watching television each week is 21.6 hours. the principal introdu
    12·1 answer
  • Praetorian Industries will pay a dividend of $2.50 per share this year and has an equity cost ofcapital of 8%. Praetorianʹs stoc
    10·1 answer
  • Which of the following statements is not true: Multiple Choice Accounts receivable are increased by billings to customers. Accou
    10·1 answer
  • The income statement of Blossom Company for the month of July shows net income of $3,310 based on Service Revenue $7,210, Salari
    12·1 answer
  • Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials
    13·1 answer
  • Click this link to view O*NET’s Education section for Municipal Clerks. According to O*NET, what are the top two most common lev
    6·2 answers
  • A.Which point on the graph shows that if the country produces 8 million alarm
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!