Answer:
B
Step-by-step explanation:
the six(6) muffins plus the $3 she saved
From the given problem, it says show how to make a ten to solve 13-7.
Subtracting 13 to 7 gets 6. In order to get a 10, subtract 10 by 6. 10-6 = 4.
So, you need to add 4 in order to make a ten.
Disclaimer: What do you by make a ten to solve 13-7?
The amount that Ross report as taxable income will be $31965.
<h3>What is a taxable income?</h3>
Taxable income refers to the base upon which an income tax system imposes the tax.
In other words, the taxable income is the income over which the government imposed tax. It includes some or all items of income and is reduced by expenses and other deductions.
From the information:
Gross salary = $56,145
Interest earnings = $205
Dividend income = $65
Standard deduction = $12,000
Itemized deductions = $11,250
Adjustments to income = $1,200
The taxable income is given by:
= Gross salary + Interest earnings + Dividend income - Standard deduction - Itemized deductions - Adjustment to income
= 56145 + 205 + 65 - 12000 - 11250 - 1200
= $31965
Learn more about tax on:
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Answer:
It is 6%
Explanation:
The stock that is bought by Rick Mendez: 5,000
Own money used to buy: 2,500
Borrowed money: 2,500
Interest on borrowed money : 30
Brokerage commissions: 300
The stock is sold after one month: 5,650
Now first calculate the net profit = Selling price of stock – cost price of stock – Interest on borrowing – commission
5,650-5,000-30-300=320
Now calculate the rate of return = Net profit / cost of stock
320/5,000=.06
.06 or 6%
