What would you do when you have multiple goals that conflict with each other

Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. In 2019, Ed an

arlik [135]

Answer:

1) AGI = $112,400

2) Taxable Income = $80,600

Explanation:

Ed's Salary = $35,000

Jane's Salary = $70,000

Municipal bond interest income = $400

Qualified business income = $1,000

Alimony paid (for AGI deduction) = $7,000

Real property tax (from AGI deduction) = $10,000

Charitable contributions (from AGI) = $15,000

The total gross income for Jane and Ed = $70,000 + $35,000 = $105,000

1) Their AGI (Adjusted Gross Income) = $105,000 + $400 + $7,000 = $112,400

2)Their taxable income = $112,400 - $24400 - $7000 - $400 = $80,600

7 0

3 years ago

A South American country exports coffee and estimates the demand function to be D(p) = 75 − 3p2. If the country wants to raise r

Allushta [10]

Answer:

South American country should lower price

Explanation:

The elasticity of demand can be computed by finding the derivative of the demand function as D(p)=75-3*p^2

the elasticity of demand=-p*D'(p)/D(p)

D'(p) is the derivative of D(p)

elasticity of demand=-p*d/dp(75-3p^2)/(75-3p^2)

d/dp(75-3p^2)=0-(2*3p^2-1)

=-6p

elasticity of demand=-p*-6p/75-3p^2)

=6p^2/(75-3p^2)

since p=$3

elasticity of demand=6*(3^2)/(75-3(3^2)

=6*9/(75-3*9)

=54/(75-27)

=1.125

Since elastic of demand is greater than 1 , a reduction in price would lead more revenues as more small % change reduction in price would bring about more % increase in quantity demanded

6 0

4 years ago

Read 2 more answers

What steps can I use to set saving easier?

Akimi4 [234]

Record your expenses. The first step to start saving money is to figure out how much you spend. ...
Budget for savings. ...
Find ways you can cut your spending. ...
Decide on your priorities. ...
Make saving automatic.

6 0

3 years ago

As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dil

vfiekz [6]

Answer:

Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.

Explanation:

A sweatshops may be defined as a factory or firm which violates some of the labor laws of the United States as stated by the US department of labor.

In these sweatshops, they provide unfair wages, the working conditions are very poor, proper labor laws are not followed extended working hours, exploitation of labor takes place.

This has been a real challenge the developing countries are facing. This can be improved as the multinational companies determines a higher local living wage than the legal wage in some of the developing countries. Even the customers of their products are coming forward and are willing to pay more for the products so that the working conditions of the sweatshops improves.

7 0

3 years ago

Stock Z has an expected return of 12% with a standard deviation of 8%. If returns are normally distributed, then approximately t

Vesna [10]

Answer:

between 4% and 20%

Explanation:

Given that :

Expected return = 12%

Standard deviation = 8%

The return on stock Z can be calculated thus

Interval = expected return ± standard deviation

Lower boundary = 12% - 8% = 4%

Upper boundary = 12% + 8% = 20%

Hence, return on stock Z will be between 4% and 20%

6 0

3 years ago