Answer:
Explanation:
David:
Earnings from Apple Company (office manager)
$26,125
Federal income tax withheld
2,800
State income tax withheld
1,050
Darlene:
Earnings from Rose Company (perfume tester)
$25,100
Federal income tax withheld
2,650
State income tax withheld
900
Their other income includes interest from Pine Tree Savings and Loan of $1,825. Other information and expenditures for 2016 are as follows:
Interest:
On home acquisition mortgage
$11,250
Credit card
925
Taxes:
Property taxes on personal residence
1,300
State income taxes paid in 2016 (for 2015)
315
Contribution (with written acknowledgement) to church
990
Medical insurance
475
Medical and dental expenses
5,800
Income tax return preparation fee paid in 2016
200
Actual general state sales tax for 2016
1,016
Payment of union dues
225
Answer: Option (C) is correct.
Explanation:
Positive view of the economy theory is largely based on the facts and incentives and it is engaged with most of the assumptions and check these assumptions reality to prove the facts.
On the other hand, normative view of economic theory is largely based on the statements, it is subjective and engaged with the value of the incentive or fact.
Answer:
The correct answer is D
Explanation:
Empirical rule is the rule in statistics, which defined as that for the normal distribution, that is as:
68% of the data fall under one standard deviation of mean.
Data which is 95% lie under the two standard deviations of the mean.
Data (All) which is 99.7% lie under the three standard deviations of the mean.
So, in this case, the sample mean fall under second category, which is as:
= Sample mean ± 2 (Standard deviation)
= $150 ± 2($20)
= $150 ± $40
= $150 + $40 and $150 - $40
= $190 and $110
Answer:
cash payments for merchandise total is $44,000
Explanation:
purchase for the year
Beginning Investment + Purchases - Ending Investment = Cost of Merchandise sold
13,500 + Purchases - 10,500 = 45,000
Purchases = 42,000
Therefore, the total cash paid for merchandise
Beg. A/P + Purchases - End. A/P = Cash Paid
7,000 + 42,000 - 5,000 = $44,000
Answer:
Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.
