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spin [16.1K]
3 years ago
10

You and spouse are filing a joint return. Your current deductions have reduced your taxable income to​ $88,990, bringing you int

o the 25 percent tax bracket. The first dollars you earned will be taxed at the​ ________ tax bracket.
Business
2 answers:
Strike441 [17]3 years ago
5 0

Answer:

10%

Explanation:

The current tax brackets (2019 taxes due April 2020) for married filing together are:

Tax rate  Married filing jointly

10%          $0 – $19,400

12%          $19,401 – $78,950

22%          $78,951 – $168,400

24%          $168,401 – $321,450

It doesn't matter if your income is $500 million, $100,000 or $20,000, the first dollars that you earn always fall into the first bracket (10%). Tax brackets are progressive, this means that they increase as your income increases, but everyone starts in the first one.

almond37 [142]3 years ago
3 0

Answer: Deductions

Explanation:

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A(n) _____ is a government-backed mortgage. <br><br> balloon <br><br> FHA <br><br> GHA<br><br> ARM
Kisachek [45]
I would say FHA, from what I know.
6 0
3 years ago
g "Walblue imports a desk from a French manufacturer for sale in its chain of U.S. stores. The cost of a desk to Walblue is 3,70
klasskru [66]

Answer: $3312.4

Explanation:

The exchange rate in the rate at which a currency is being converted for another currency in the foreign exchange market. From the question, we are told that Walblue imports a desk from a French manufacturer for sale in its chain of U.S. stores.and that the cost of a desk to Walblue is 3,700 euros (€).

The dollar cost of one of these desks if the exchange rate is currently 1.117 euros per U.S. dollar goes thus:

$1 = €1.117

Therefore, €3700 will be converted to dollars as:

= 3700/1.117

= $3312.4

The answer is $3312.4

7 0
3 years ago
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account
ki77a [65]

Answer:

25 Days

Explanation:

Average Account receivables:

= (Accounts receivables, beginning of year + Account receivables, end of year) ÷ 2

= (45,000 + 35,000) ÷ 2

= 40,000

Account Receivables Turnover = Net Sales on Account ÷ Average Account Receivables  

Account Receivables Turnover = 584,000 ÷ 40,000

                                                    = 14.6 times

No. of Days Sales in Accounts Receivables:

= No. of Days in a year ÷ Account Receivables Turnover

= 365 ÷ 14.6

= 25 Days

4 0
3 years ago
Fact Pattern:House Publishers offered a contest in which the winner would receive $1 million, payable over 20 years. On December
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Answer:

Option B: $418,250

Explanation:

<em> </em>I hope it will help you a lot!

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3 years ago
True or False? It is not necessary to document patient medications prescribed by other physicians.
MaRussiya [10]
The answer is false. 
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3 years ago
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