1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SSSSS [86.1K]
3 years ago
13

Stephanie is a twelve-year-old who often assists neighbors on weekends by babysitting their children. Calculate the 2013 standar

d deduction Stephanie will claim under the following independent circumstances (assume that Stephanie's parents will claim her as a dependent).a.Stephanie reported $850 of earnings from her babysitting.Standard deduction: b.Stephanie reported $1,500 of earnings from her babysitting.Standard deduction:
c.Stephanie reported $6,200 of earnings from her babysitting.
Business
1 answer:
Delicious77 [7]3 years ago
8 0

Answer:

a) $1,200

b) $1,850

c) $6,200

Explanation:

First ,we are to determine Stephanie's claims based on different circumstances using the 2013 standard deduction

a) Reported $850 earnings from babysitting - claim 1,200

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $850 + $350 which is $1,200. Stephanie can claim $1,200

b) Reported $1500 - Claim $1,850

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $1500+ $350 which is $1,850. Stephanie can claim $1,850

c) reported $6,200 - Claim $6,200

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $6200+ $350 which is $6,550. However, she can only claim $6,200 because as a 2013 the maximum standard deduction for a single person which is her filing status is $6,200

You might be interested in
Ignoring income taxes, the annual net income amount used to calculate the accounting rate of return is:_____.
Darina [25.2K]

Ignoring income taxes, the annual net income amount used to calculate the Accounting Rate of Return is Average Annual Profit / Average Investment.

The Accounting Rate of Return (ARR) is the average net income which an asset is expected to generate divided by its average capital cost, and thus it is expressed as an annual percentage.

The ARR's formula is used to make capital budgeting decisions. It is used in situations where companies are deciding on whether or not to invest in an asset based on its expected future net earnings.

Hence, the Accounting Rate of Return is calculated by Average Annual Profit / Average Investment.

To learn more about Accounting Rate of Return (ARR) here:

brainly.com/question/12988548

#SPJ4

6 0
9 months ago
An increase in the amount of household wealth in an economy would ________ the average standard of living and would ________ the
Bezzdna [24]

Answer: raise; have little effect on is the correct option

Explanation:Wealth is understood as ownership of economic capital. It is viewed as a

dimension of people’s economic (or material) well-being, alongside income and

consumption. There are other concepts of capital that are important to people’s well-being

and complement the concept of economic capital, such as human capital, social capital

and collectively-held assets. However, while they may have considerable economic value to

the people that possess (or have access to) them, they are not material assets and liabilities

over which people can exercise ownership rights.

Information on household wealth is important at both the macro and micro levels.

Wealth is one of the key components of the economic system. It is a source of finance for

future consumption, for reducing vulnerability to shocks and to other unexpected

developments, and for undertaking business and other economic activities. At both the

macro and micro levels, household wealth statistics play a vital role in informing responses

to a wide range of policy and research questions. However, the perspectives and insights

provided at each level are also quite different. The primary focus

at the macro level is on the household sector’s wealth, its relation with the other sectors of

the economy, and its role within the broader economic system; conversely, the primary

focus at the micro level is on the wealth of individual households and its distribution

across different types of households.

8 0
3 years ago
While making purchase decisions, which of the following products is most likely to elicit the greatest reference group influence
Iteru [2.4K]

Answer: a car

Explanation:

While making purchase decisions, the product that is most likely to elicit the greatest reference group influence will be a car.

This because when an individual has a car, other people see the person and use that as a reference group. It should also be noted that a good thatbis considered public good has a strong influence group.

3 0
3 years ago
the covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of: select one:
Sophie [7]

The covenant whereby one warrants that he is the possessor and owner of property being conveyed is the covenant of seizen.

A covenant is a two-party promise, agreement, or contract. The two parties agree that certain activities will or will not be carried out as part of the covenant.

Covenants in finance typically refer to terms in a financial contract, such as a loan document or bond issue, that specify the maximum amount that the borrower can lend. In religion, covenants frequently convey the binding relationship between a deity and humanity.

Covenants are frequently expressed in terms of financial ratios that must be met, such as a maximum debt-to-asset ratio or other such ratios. Covenants can cover anything from minimum dividend payments to working capital levels that must be maintained to key employees remaining with the company.

Learn more about covenants here:

brainly.com/question/28237935

#SPJ4

7 0
1 year ago
________ influences include an individual's motivations, perceptions, ability to learn, and attitudes. A. Personal B. Psychologi
ira [324]
Try B. Psychological
6 0
3 years ago
Other questions:
  • The Donaldson Furniture Company produces three types of rocking​ chairs: the​ children's model, the standard​ model, and the exe
    11·1 answer
  • Greg purchased 2,000 shares of common stock of the rite track corporation last year. he learned several months later that the st
    9·1 answer
  • Prepare an income statement for May assuming the following data are not included above: (1) $900 worth of services were performe
    12·1 answer
  • The best place to search for scholarship opportunities on a college website is on the _____ pages.
    15·2 answers
  • In the bona fide need obligation rule for requesting funds to fund warfighters, what critical questions do you ask to ensure adh
    6·1 answer
  • Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate
    6·1 answer
  • Carol Beal is the export manager at Gudrun Sjoden USA, a licensed distributor for a Swedish designer. Carol has North America an
    8·1 answer
  • Texas charges 8.5 percent for sales tax. Minnesota doesn’t charge sales tax on clothing. A resident of Texas is going on a trip
    14·2 answers
  • Arguments against industrial policy include all of the following except Select one: a. foreign industrial policy success has bee
    14·1 answer
  • If a service firm wants to build a global presence quickly and at a relatively low cost and risk, it must employ:___.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!