Answer:
not sure wish i can help
Step-by-step explanation:
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:
<em>Plan A</em>
Step-by-step explanation:
Plan A -
$7 + 2.50(5)
$7 + $12.50
Plan A = $19.50
Plan B-
$4(5) = $20
Plan A is the cheapest, therefore it is the best plan.
Hope this helped! :)
Answer:
x = 6, y =3
Step-by-step explanation:
4x-7y=3
x-7y=-15
Multiply the first equation by -1
-4x+7y=-3
Then add this to the second equation to eliminate y
-4x+7y=-3
x-7y=-15
------------------
-3x +0y = -18
-3x = -18
Divide by -3
-3x/-3 = -18/-3
x = 6
Now find y
x -7y = -15
6 -7y = -15
Subtract 6 from each side
6-7y-6 = -15-6
-7y = -21
Divide by -7
-7y/-7 = -21/-7
y =3
5 hundreds is 500. So 500x10= 5000.
Answer:5000
