Since four friends should make a profit of $400 each, the total undivided profit should be $1600. Profit (P) is the difference between the total revenue (R) and the total cost (C).
P = R - C ; R = P + C
Substituting the known values,
R = $1600 + $525 = $2125
Thus, the total income that the friends should earn is $2125.
In 2018, married filing separately taxpayers only receive a standard deduction of $12,000 compared to the $24,000 offered to those who filed jointly. If you file a separate return from your spouse, you are automatically disqualified from several of the tax deductions and credits mentioned earlier.
Answer:
approx. 251 in³
Step-by-step explanation:
The appropriate formula to use here is V = πr²h. Substituting 2 in for r and 5 in for h, we get:
V = π(2 in)^2·(5 in), or
V = π(4 in²)(5 in) = 80π in³, or approx. 251 in³