Under United States tax law, the standard deduction is a dollar quantity that non-itemizers may deduct from their income before income tax is applied. Taxpayers may select either itemized deductions or the standard deduction, either outcomes in the lesser amount of tax payable. The standard deduction is accessible to US citizens and aliens who are occupant for tax purposes and who are individuals, married persons, and heads of household. When filing her own tax return, Margie is limited to the greater of $1,050 or $1,750, it is solved by the sum of the earned income for the year plus $350.So the answer is $1,400 + $350 = $1,750
Answer:
Rebel
Explanation:
Burton Clark and Martin Trow, the two sociologists described about the four types of college subcultures.
1) Collegiate
2) Academic
3) Vocational
4) Rebel
Britt has all the characteristics of Rebel subculture, that is being deeply involved with ideas from the classroom and wider society of art, literature, and politics. They are aggressive nonconformism, and find critical detachment from the college they attend and from its faculty like Britt consider her professors ideas as outdated.
Answer:
Market rate of return on stock = 11.2152%
Explanation:
Details provided are
Market rate per share = $27.21
Dividend to be paid at year end = $1.80
Expected dividend growth rate = 4.6%
Expected return of market has to be calculated.
Using the dividend growth model we have,
![Price\ of\ share\ = \frac{Dividend\ at\ year\ end}{Market\ return\ - Growth\ rate}](https://tex.z-dn.net/?f=Price%5C%20of%5C%20share%5C%20%3D%20%5Cfrac%7BDividend%5C%20at%5C%20year%5C%20end%7D%7BMarket%5C%20return%5C%20-%20Growth%5C%20rate%7D)
![27.21 = \frac{1.80}{Rm - 4.6}](https://tex.z-dn.net/?f=27.21%20%3D%20%5Cfrac%7B1.80%7D%7BRm%20-%204.6%7D)
Market return - growth = ![\frac{1.8}{27.21} = 6.6152](https://tex.z-dn.net/?f=%5Cfrac%7B1.8%7D%7B27.21%7D%20%3D%206.6152)
Market return = 6.6152 + 4.6 = 11.2152%
Market rate of return on stock = 11.2152%