Answer:
correct option is d. $450
Explanation:
given data
Tony earns = $32,000
Liz earns = $31,000
Gross income = $63,000
Tony IRA contribution = $1,000
Liz IRA contribution = $2,000
solution
as we know that IRA limit is $6500
so they will get benefit here on = $1000 + $2000 = $3000
so benefit = $3000 × 15 %
benefit = $3000 × 0.15
benefit = $450
so correct option is d. $450
Answer:
Deferred Tax Expense=6300
Less: Tax Adjustment=-13000
Net Deferred Tax Benefit=6700
Deferred Tax Expense=(50000-20000)*21%
= $6300
Tax Adjustment=100000*(34%-21%)= $13000
Money is functioning as a medium of exchange. Money makes transactions easier, instead of having to barter for items, you can complete transactions through the usage of money.
Money serves three primary functions unit of account, store of value and most important medium of exchange.
Answer:
Undifferentiated.
Explanation:
Undifferentiated marketing is the use of a product that is the same to satisfy customers accross a wide range of segments. There is no attempt to tailor the product to each of the segemnts, but business hopes to satisfy wide range of customers with the same product.
On the other hand diffentiated products are those that are specifically tailored to different segments and aims to meet differing needs.