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amm1812
3 years ago
12

Sasha is a single woman who is paid $16 per hour for 2,000 hours of work per year. Using her exemption of $4,050 and her standar

d deduction of $6,350, what is her taxable income?
Business
2 answers:
Charra [1.4K]3 years ago
7 0

Answer:

 $21600

Explanation:

Sasha is a single woman who is paid $16 per hour for 2,000 hours of work per year. Using her exemption of $4,050 and her standard deduction of $6,350, what is her taxable income?

To get the amount she was paid in a year

we calculate= $16/hr*2000hr=$32000

Wages                                        (a)                                 $32,000

Standard Deduction                (b)                                 $6,350

Personal Exemption                (c)                                 $4,050

Total (standard                        (d) = (b) + (c)                 $ 10,400

deduction +exemption)

Taxable Income                       (e) = (a) – (d)                      $21600

Sasha's taxable income is $21600

densk [106]3 years ago
4 0
For this case what you must do is the following operation:
 Taxable income = Household income-Personal exemption-Standard deduction.
 Substituting the values we have:
 Taxable income = ((16) * (2000)) - (4050) - (6350)
 Taxable income = 21600 $
 Answer: 
 her taxable income is 21600 $
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Answer:

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Perpetuity due = (500/10%) + 500 = 5500

Value of perpetuity due will remain same after 10 years

Money in saving account can be calculated with FV of an Annuity due formula

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FV = 500*1.10 * [1.10^10 - 1 / 0.10}

FV = 550 * 1.5937424601/0.10

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Total proceeds = 5500 + 8766 = 14266

Now this proceed is the present value for annual payment of X calculation  . Formula of the present value (PV) of annuity due: PV = X * [1- (1+r) ^-n / r] * (1+r) : Where  PV = 14266, Annuity payment X = ?, Interest rate r = 10%, Period of annuity = 20 years.

1.10^-20

PV = X * [1- (1+r)^-n / r] * (1+r)

14266 = X * (1 - (1+10%)^-20 / 10%) * (1+10%)

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3 0
2 years ago
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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the lab
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A. Computation of labor productivity under each system

Labor productivity Before=100 carts per hour/6 workers

Labor productivity Before=16 cart per workers-hour

Labor productivity After=(100 carts per hour+4 carts per hour)/4 workers

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B. Computation of the multifactor productivity under each system.

Multifactor productivity Before=100 carts per hour/(6 workers*$11 per hour)+$40 per hour

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Multifactor productivity Before=0.94 carts per hour

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Multifactor productivity before=(104carts per hour /(4 workers * $11 per hour$)+($40 per hour+12 per hour)

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sergey [27]

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5 0
3 years ago
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