Answer:
a. $19,775
b. $16,950
Explanation:
a. In the case of the charitable contribution, the full deduction is allowed of fair market value if the stock is held for more than one year but if the stock is held is less than the one year so it would be limited to the purchase price
Now in the first case
Purchase date is December 28, 2018
Donation date is September 10, 2019
As we can see that the stock is held for less than one year so it would be limited to the purchase price i.e $19,775
b. Now the contribution charitable deduction is limited to the fair market value of the stock i.e $16,950
Answer:
2,400per month 12000 for 5 years
Explanation: 15000 *16%=2400*5 divide by 12
Net Pay is what you get to take home. Its your money after taxes. YDT is Year-To-Date net pay. That is what you have made from the beginning of the year until now and may change from paycheck to paycheck.
Answer:
Marissa only needs to attend a two-year college.
Explanation:
A hydroelectric production manager requires both technical and managerial skills. Like many other managerial positions, this one too requires a minimum of a bachelor's degree. Marissa will have to attend a four-year degree program at a college/university.
After graduation and once employed, Marissa will need guidance and work experience to grow to her dream position. She will require an apprenticeship program to prepare her for the managerial role. The counselor also made an error by telling her that she needs four years of college education to acquire an associate degree. The truth is that an associate degree takes two years to achieve.
Answer: $2085
Explanation:
The expected value of the investment after five years will be calculated as follows:
= ($1800 × 55%) + ($2100 × 20%) + ($2700 × 25%)
= ($1800 × 0.55) + ($2100 × 0.2) + ($2700 × 0.25)
= $990 + $420 + $675
= $2085
The expected value of the investment after five years is $2085.