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s344n2d4d5 [400]
3 years ago
15

Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, sh

e earned wages of $126,000. She doesn't itemized deductions, so she will take the standard deduction and her personal exemption to calculate 2013 taxable income. In addition, during the year she sold common stock that she had owned for five years for a net profit of $7,500. How much does Jenna owe to the IRS for taxes
Business
1 answer:
Margaret [11]3 years ago
8 0

Answer:

$26,898.25

Explanation:

Jenna'a taxable ordinary income = $126,000 - $6,100 (standard deduction) - $3,900 (personal exemption) = $116,000

ordinary income taxes = $17,891.25 + [($116,000 - $87,850) x 28%] = $25,773.25

capital gains taxes = $7,500 x 15% = $1,125

total tax liability = $25,773.25 + $1,125 = $26,898.25

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JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $75 million, $65 million, and
meriva

Answer: Net Pension liability of $29 million

Explanation:

A net pension liability will be reported when the obligations of the employer which is the Projected benefit obligation, exceeds the Plan assets because the company has less resources than required to satisfy its obligations.

A net pension asset will be when the Projected Benefit Obligation (PBO) is less than the Plan assets.

In this case, there will be a Net pension liability of;

= PBO - Plan assets

= 75 - 46

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8 0
3 years ago
The four conditions (mutual exclusion, hold and wait, no preemption and circular wait) are necessary for a resource deadlock to
Evgen [1.6K]

Explanation:

The conditions sufficient for a resource deadlock to occur is when a  deadlock will  prevail for process A, B, and C when two resources R and S; if only one instance of each resources is allowed.

Solution

Deadlock conditions

A deadlock is a situation where two or more processes request for same critical resource at the same time.

The mutual exclusion applies a restriction to a resource when the resource is used by any process, it should become unavailable for the other resources

The hold and wait allocations explains that any process which is allocate resources must hold them; till all needed resources are nor sure.

In the meantime, if any other processes need a resource which is held by another process, then the latter will release the resource to prevent deadlock.

No pre-emption states that the operating system can grant access to resources to another process while it is in use by another process; depending on the priority , to prevent deadlock.

Circular wait should not be implemented so that resources being requested by process are allocated when they get free.

Now,

Three processes A, B, and C functions on a system, having two distinct resources R and S.

The resource  R has one instant active while resource S has two instances available.

The instance of R is allocated to a process A after request. first instance of resource S is allocated to process B, and second instance of resource S is allocated to process C.

When a request is placed by process B for resource R, then the resource is not available for execution. the process A request for resource S which is used by both C and B.

All the four conditions prevail in this situation; yet deadlock does not occur.

The resource S is released by process C and is allocated to process A. when process A finishes, it releases resources and resources R is allocate d to process B.

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However, the deadlock will prevail for process A, B, and C when two resources R and S; if only one instance of each resources is allowed.

5 0
4 years ago
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ehidna [41]

The question is not properly organised and is asking what the following action means, see below proper sequence:

1.  A candidate recalling all the good things he has done, and omitting facts that would justify his defeat debating team is called (…).

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5 0
3 years ago
A statistics practitioner is n the process of testing to determine whether there is enough evidence to infer that the population
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Answer

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Explanation  

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