What is the total taxable interest income shown on line 8a of form 1040?

Negative criticism is generally

riadik2000 [5.3K]

Answer:

The answer is A.

Hope I helped! If not I apologize.

5 0

4 years ago

You're trying to save to buy a new $230,000 Ferrari. You have $32,000 today that can be invested at your bank. The bank pays 5.5

s344n2d4d5 [400]

Answer:

37 years

Explanation:

We know,

Future value = Present value (1 + r)^n

Given,

Future value, FV = $230,000;

Present value, PV = $32,000;

Interest rate, r = 5.5% = 0.055;

We have to determine how many years later I can purchase the Ferrari.

Now, putting the values into the formula, we get,

FV = PV × (1 + r)^n

or, $230,000 = $32,000 × (1 + 0.055)^n

or, $230,000 ÷ $32,000 = (1 + 0.055)^n

or, 7.1875 = (1 + 0.055)^n

or, log 7.1875 = n × log 1.055

or, n × log 1.055 = log 7.1875 [Changing the side]

or, n = log 7.1875 ÷ log 1.055

Using financial calculator/Scientific Calculator,

or, n = 0.8566 ÷ 0.0233

Therefore, n = 36.76 or almost 37 years.

4 0

3 years ago

Expansionary fiscal policy is used by the government to A. control inflation. B. reduce the national debt. C. create new jobs in

Ksivusya [100]

Answer:

Option C: Create new jobs in the economy

Explanation:

Fiscal policy is a federal government ability to keep the economy stable through highing or lowering taxes or government spending.

Expansionary Fiscal Policy is simply described as the higher rate in purchases by government, lower rate in net taxes that is targeted soas to bring about higher aggregate demand enough to lower unemployment back to equilibrium. Government aim to reduce unemployment by providing more jobs for the people.

Expansionary fiscal policy aim to decrease unemployment byincreasing government spending and/or lowering taxes.

3 0

3 years ago

Bauer Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $100.

Lelechka [254]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The sales price is $100.

Variable costs:

Manufacturing $ 30 per unit

Selling $12 per unit

Fixed costs:

Manufacturing $ 360,000 per year

Selling and administrative $ 162,000 per year

A)

Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= (360000+162000)/(100 - 42)= 9000 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 522,000/(58/100)= $90,000

B) Profit= 232,000

Break-even point (units)= (522,000 + 232,000)/58= 13,000 units

Break-even point (dollars)= 754,000/ 0.58= $1,300,000

C) No variable selling costs. Q= 12,000

12,000= (360,000 + X + 232000)/(100-30)

(12000*70)-232000 - 360000= X

X= 248,000

3 0

3 years ago

Which of the following is not one of the conditions that make it more likely that firms will be able to coordinate their efforts

tatyana61 [14]

Answer:

The condition that make its difficult for firms to coordinate their efforts to control output quotas and pin point cheating is A) when market demand tends to be more volatile.

Explanation:

All the options except A will make it difficult for firms to control output quotas and detect cheating. From reading the options B,C and D it is quite clear that in the market there is a presence of cartel ( which can be defined as a association of producers in an industry who comes together to set the prices and output quotas ) but even if there is presence of cartel in industry, the efforts to restrain output will fail if the demand of the products and services in volatile in the market, it would become difficult for them to pin point where the cheating has taken place.

3 0

4 years ago