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3 years ago

A deduction from adjusted gross income for yourself,your spouse,and qualified dependents is

Business

2 answers:

dem82 [27]3 years ago

7 0

Answer:

An exemption

Explanation:

A deduction from the adjusted gross income for oneself spouse and qualified dependent is known as an exemption.

An exemption from a gross income is the amount/percentage of the income of a taxpayer that is not taxable by law. this practice helps the income earner to cater for his liabilities without having to pay taxes on the cost of his liabilities.

exemption comes in two forms which are personal exemptions and dependent exemptions.and this is offered to the worker by the internal revenue service board of the Government. an exemption can also be claimed by an individual in cases where exemptions were not made by default

valentinak56 [21]3 years ago

3 0

An exemption. Hope I helped!

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Queen Products Company are presented below. All balance sheet data are as of December 31.

jonny [76]

Answer:

1. Asset turnover times. =1.31 times

2. Return on assets. = 7.9%

3. Return on common stockholders’ equity =10.5%

Explanation:

Asset turnover

Asset turnover indicates how efficient a business in the use of asset to generate sales. The higher the number of times the better.

Asst turnover = Turnover /Total asset

= 757,500/577,100

=1.31 times

Return on Asset

Return on asset is measure of the percentage of asset earned as income. The higher the better

Return on assets = Net income/Assets

= 45,500/577,100× 100

= 7.9%

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<em>Return on Equity</em>

This measures the proportion of equity investment earned as net income. The higher the better

Return on Equity = Net income/Equity

Return on commons stockholders

= 45,500/433,400 × 100

=10.5%

7 0

3 years ago

Economy of Economy Stock A Stock B Recession .20 .010 –.35 Normal .55 .090 .25 Boom .25 .240 .48

zavuch27 [327]

Answer:

a. STOCK A

State of nature R(%) P ER R-ER R - ER2.P

Recession 0.010 0.20 0.002 -0.1015 0.00206045

Normal 0.090 0.55 0.0495 -0.0215 0.0002542375

Boom 0.240 0.25 0.06 0.1285 0.0041280625

ER 0.1115 Variance 0.00644275

STOCK B

State of nature R(%) P ER R - ER R - ER2.P

Recession -0.35 0.20 -0.07 -0.5375 0.05778125

Normal 0.25 0.55 0.1375 0.0625 0. 0021484375

Boom 0.48 0.25 0.12 0.2925 0.021389062

ER 0.1875 Variance 0.08131875

Expected return of stock A = 0.1115 = 11.15%

Expected return of stock B = 0.1875 = 18.75%

b. Standard deviation of stock A = √0.00644275 = 0.0802

Standard deviation of stock B = √0.08131875= 0.2852

Explanation:

In the first case, there is need to calculate the expected return of each stock by multiplying the return by probability.

In the second case, we need to obtain the variance. The square root of variance gives the standard deviation. Variance is calculated by deducting the expected return from the actual return, then, raised the difference by power 2 multiplied by probability.

4 0

4 years ago

Rob Renolds compares his checkbook register, cancelled checks, and bank statement which shows a balance of $409.90. He finds two

iragen [17]

Answer:

$429.15

Explanation:

The computation of the adjusted balance of the bank balance is shown below:

= Balance shown in bank statement + outstanding deposits - one outstanding check - second outstanding check

= $409.90 + $160 - $58.53 - $82.22

= $429.15

while computing the adjusted balance we added the outstanding deposits and subtract the outstanding checks

5 0

3 years ago

The 'why?' question of the three questions design framework is

Ierofanga [76]

Why is why do you do what you do? What's your purpose?
People buy why you do it. Not what you do.

If someone asks "What is you're why for having a job?" you may reply with something like this..
"My why is my family. I get up every morning and work to provide for my family. To put food on the table, clothes on their back and gas in our vehicles. Family is important to me and I want to see them happy. I work hard so I can provide the necessities and the fun things in life, for the people I love most!"

6 0

3 years ago

Read 2 more answers

Developing and evaluating solutions to reduce the gap between desired process performance and current performance is the final s

leva [86]

Answer: False

Explanation:

The six sigma DMAIC approach for process improvement is a way of improving performance in such a way that it makes the company more profitable as well as improving customer relations and satisfaction.

The DMAIC is an acronym that stands for the the steps in the process as seen in the graph attached.

The above statement about Developing and Evaluating Solutions to make a company perform better is not the final step in the process as it falls under the fourth step, which is to Improve.

The final step is Control. Here the main focus is on preserving what has been achieved. It works by monitoring the situation and ensuring that the process improves if a loophole is spotted.

7 0

3 years ago