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KIM [24]
3 years ago
10

Alexis is single and in the 22% tax bracket. For the current year, assume she claims a standard deduction of $12,000. In additio

n, she is able to take a $1,000 education tax credit. What is the total tax benefit derived by Alexis as a result of claiming these items on her tax return
Business
1 answer:
guajiro [1.7K]3 years ago
3 0

Answer:

$3,640

Explanation:

The computation of the total tax benefit derived is shown below:

But before that we have to find out the claimed tax benefit

= Standard Deduction × Tax Rate

= $12,000 × 22%

= $2,640

And, the education tax credit is $1,000

So, the total tax benefit derived is

= $2,640 + $1,000

= $3,640

Therefore the tax benefit derived is $3,640

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The Statement: "We have permitted ourselves to be stampeded into a life of unnatural and dangerous high pressure is onw where Assumption was  not made.

<h3>What is a true assumption?</h3>

If a person make an assumption that something is said to be true or will take place, the person need to accept that it is true or that it will occur, often without any kind of proof.

When you look at the statement above, there is no fact to prove that the said assumption is true and therefore, the Statement: "We have permitted ourselves to be stampeded into a life of unnatural and dangerous high pressure is onw where Assumption was  not made.

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4 0
1 year ago
Which one of the following is not true when the economy is in macroeconomic​ equilibrium? A. When the economy is at​ long-run eq
uranmaximum [27]

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • Throughout the macroeconomic equilibrium, the aggregate supply curve becomes equivalent to something like the supply curve, the real GDP seems to be comparable to potential Output (GDP), however, if frictional as well as systemic unemployment seems to be the maximum total poverty throughout the longer term.
  • Consequently, whenever the economy seems to be in macroeconomic equilibrium, the argument which is not accurate would be that the businesses would have excess power.

So that Option C is the right answer.

6 0
3 years ago
The nielsen company provides ratings for the tv industry. ratings are calculated from what sources? (multiple correct answers -
alexandr1967 [171]

The Nielsen company provides ratings for the TV industry. Ratings are calculated from following sources:

  • Streaming within seven days of the broadcast date.
  • Watching live TV
  • Viewing on a delayed DVR within seven days of the original air date.
  • Viewer Diaries Residences with TVs equipped with Nielsen Meters.
<h3>What is DVR?</h3>
  • Analog video is transformed into digital format by a DVR.
  • Networks are increasingly more interested in ratings over a time period than just the date and time the show aired because of the time-shifting nature of DVRs.
  • DVR systems process data at the recorder.
  • The majority of networks track ratings using Nielsen's Live Plus service.
  • Live Plus examines who viewed particular programs on their DVRs across various time periods.

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3 0
2 years ago
Farrah, a regional manager for an hvac equipment retailer, received an e-mail from the ceo outlining the new goal of decreasing
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It is true that the goal received by regional manager Farrah, to reduce the company's costs in the next three years corresponds to an example of a strategic objective.

<h3 /><h3>Strategic planning</h3>

It corresponds to a document where the course of actions that will cover the medium and long term organizational are detailed so that the stipulated objectives and goals are achieved.

Therefore, the strategic objectives of a company will be contained in the strategic planning, and can be understood as the definition of the results that it intends to achieve in a period of time, to increase the vision and the organizational results.

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7 0
2 years ago
How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,
Elden [556K]

Answer:

PV= $11,889.05

Explanation:

Giving the following information:

Future Value (FV)= $13,000

Number fo periods (n)= 3*2= 6 semesters

Interest rate (i)= 0.03/2= 0.015

<u>To calculate the initial deposit, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 13,000 / (1.015^6)

PV= $11,889.05

5 0
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