Answer:
Value of tax liability will be zero
Step-by-step explanation:
Given:
Total estate value = $2,186,000
Estate tax = 40 %
Find:
Heir's tax liability = ?
Computation:
Total taxable estate = Total estate value - Estate Exemption
Note: According to Exhibit 19-6 for Estate Exemption, Estate Exemption is 11.4 million.
We know that Estate Exemption is higher than total estate value, therefore will be no tax liability on the successor, so the value of tax liability will be zero.
Answer:
D) 74
Step-by-step explanation:
1c = 6p
1c = 1.5f
1f = 296
6/1.5 = 4
296/4 = 74
3936/9=440 if that is what you meant
Answer:
Step-by-step explanation:
In order to find the equation to this line, we need to note that we see two points on this graph. Using these two points, we can use them to find the slope of the graph and use one to find the y-intercept.
We know that the slope of a line is defined by 
(change in y / change in x). Therefore, we can use our two points that we know - (-5, 2) and (3, 4) to find the slope.
The change in y is 
, and the change in x is 
. Therefore, our slope is 
.
Now that we know our slope, our equation in slope-intercept form looks something like this.
However, we still have b to solve for. We can solve for this by substituting a point we already know into the equation. Let's substitute (3, 4) inside.
So now we know that the y-intercept is 
. Plugging that into our equation finishes it off, leaving our final equation to be 
.
Hope this helped!
Answer:
......Im pretty sure its -4
