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frozen [14]
4 years ago
8

Judy Hays wants to give $3,200 to the building fund at her local church. Assuming Judy can itemize your deductions, how much wil

l this contribution save her on her federal income taxes if she is in the 25 percent marginal tax bracket?
Business
1 answer:
KengaRu [80]4 years ago
8 0

Answer:

$800

Explanation:

The computation of the saving amount on tax is shown below:

Provided information

Amount is given to the building fund by Judy Hays = $3,200

Marginal tax rate = 25%

By considering the above information, the saving amount on tax would be

= Amount given to the building fund by Judy Hays × Marginal tax rate

= $3,200 × 25%

= $800

We simply multiplied the building fund amount by the marginal ax rate so that the exact value can arrive

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A stockbroker trades shares she does not own with an obligation of later repayment, and in the hope that the price of traded sha
xxTIMURxx [149]

Answer: short selling  

                                 

Explanation: In simple words, short selling refers to the process in which an individual borrows stock from its holder with the promise of giving it back after a specific time and at a specific price, after borrowing he or she sells the stock at the current market price and expects that the price of stock will decrease in future.

The borrower then purchases the stock at a lower price and gives it back to the lender with the margin profit in his or her pocket. Short selling works like a speculation but only market experts do such activity due to high risk involved.

Such processes are of high value to the market as they result in creation of liquidity.

3 0
4 years ago
Evie wants her sister's cell phone. Her sister wants Evie's television. They come to an agreement that they will exchange these
Kryger [21]

An economist would BEST describe the scenario as : Barter system

<h3>What is a Barter system?</h3>

Barter system is when commodities are exchanged against commodities. It is an act of trading goods or services between two or more parties without the use of money.

This type of trading system is an old method of exchange practised for centuries and long before money was introduced.

Examples of barter system are :

  • Mangoes are exchanged for bananas.
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  • Shoes are exchanged for clothes.

Therefore, an economist would BEST describe the above scenario as barter system because both Evie and her sister exchanged their items of value between themselves.

Learn more about barter system here : https://brainly.in/question/1821688

5 0
3 years ago
This is just a question about how Brainly works.
Pie

im not sure why you cant delete them, but from research, it says only 10 mins or less. or if your unlucky, 14 days. sorry of i couldint help.

5 0
2 years ago
The Smith home has an assessed value of $64120, and their tax rate is 3.2%. What is their annual tax bill?
Kruka [31]

The annual tax bill of Smiths' house is $64120.

A tax is a compulsory fiscal burden or another type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. A written claim for money owed by an individual or entity in taxes. It is used to fund and pay interest on federal debt.

The Smith home has an assessed value of $64120

tax rate = 3.2%.

   

The annual tax bill

= ($64,120 x . 032 = $2,051.84).

Hence, the annual tax bill is $2,051.84.

Learn more about the annual tax bill here:-brainly.com/question/1775528

#SPJ4

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1 year ago
Marketing research indicates that youth aged _____ rent violent horror movies at a higher rate than any other age group.
asambeis [7]
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