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
inna [77]
3 years ago
6

edna kropp's gross income for a year included salary, $12,400; commission, $27,750; intrerest, $440. Her adjustment to income we

re payment to a retirement plan, $2,000, and a penalty for withdrawing savings early from a time-deposite account, $126. What was her gross income for the year? find her adjusted gross income for the year?
Business
1 answer:
aliina [53]3 years ago
6 0

Gross income is the total amount of income before any deductions.

In this case, you would add Edna's salary, commission, and earned interest.

For adjusted gross income, you would subtract payment to retirement and withdrawal from the GROSS INCOME you calculated previously

You might be interested in
A stock has a correlation with the market of 0.64. The standard deviation of the market is 30%, and the standard deviation of th
castortr0y [4]

Answer:

0.811

Explanation:

Calculation to determine What is the stock's beta

Using this formula

Stock's beta=Market correlation*Stock standard deviation*Market standard deviation/Market standard deviation^2

Let plug in the formula

Stock's beta=(0.64)(0.38)(0.30)/0.30^2

Stock's beta=0.07296/0.09

Stock's beta=0.811

Therefore the stock's beta is 0.811

5 0
3 years ago
Michael is unaware that it is very important for those from Japan to establish close personal relationships before talking about
nikitadnepr [17]

Answer:

Mores

Explanation:

Mores are the behaviors and customs that people have in a particular place and usually, they expect that you adhere to them when you are there and you would probably be judge based on that. According to this, the answer is that Michael's violations of such mores, which concerns routine social conventions, is probably the main reason that he fails to have Norio sign the contract because he didn't follow the custom people have in Japan to establish close personal relationships before talking about business and that affected his image because Michael's behavior was not acceptable for them.

5 0
3 years ago
a. Jamie purchases a washer and dryer from McKinney Appliances. She applies for the instore credit card. The application contain
Mashcka [7]

a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an <em>enforceable security interest.</em>

The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud.  With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer.  It can exercise the claim in the appliance when Jamie fails to honor the agreement.

b. Yes. It is an enforceable contract.  This contract involves the sale of goods with a down payment and credit.

Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.

Learn more: brainly.com/question/9636559

3 0
2 years ago
Read 2 more answers
Mcniff Corporation makes a range of products. The company's predetermined overhead rate is $19 per direct labor-hour, which was
stiv31 [10]
Babe if ur reading this I am dead bc it took me a lifetime to read this now if you excuse me I have to start from the top again bc I lost my place bc it’s so much words
5 0
2 years ago
Kingbird Company is negotiating to lease a piece of equipment to MTBA, Inc. MTBA requests that the lease be for 9 years. The equ
kolbaska11 [484]

Answer:

$ 7,994

Explanation:

Fair Value of lease 60,000

Less Present value of garanteed residual value$ 2,368

($4000*1/1.06^9)

Amount to be recovered through periodic payment $ 57,632

PVAD (9 years ,6%) 7.20979

Minimum Lease at the beginning of each year (C/D) $ 7,994

Therefore the amount of the annual rental payments Kingbird demands of MTBA, assuming each payment will be made at the beginning of each year and Kingbird wishes to earn a rate of return on the lease of 6 $7,994

8 0
3 years ago
Other questions:
  • Blossom Company's trial balance reflected the following account balances at December 31, 2020: Accounts receivable (net) $40000
    5·1 answer
  • Which transaction increases​ stockholders' equity? A. payment of operating expenses B. expenses greater than revenues for the pe
    13·1 answer
  • Give an example of a variable other than price for each of these markets (a) a rock band's concert tour (b)an electronic equipme
    14·1 answer
  • Waterfall Company sells a product for $150 per unit. The variable cost is $80 per unit, and fixed costs are $270,000. Determine
    14·2 answers
  • What role does utilityLOADING... play in the economic model of consumer​ behavior? When modeling consumer​ behavior, utility
    15·1 answer
  • Boeing's new 787 Dreamliner:
    5·1 answer
  • Jumpin Corporation uses the percentminusofminussales method to estimate uncollectibles. Net credit sales for the current year am
    15·1 answer
  • A simple random sample of 700 individuals provides 200 Yes responses. a. What is the point estimate of the proportion of the pop
    11·1 answer
  • Beth and Bob Martin have total take-home pay of $5,000 a month. Their monthly expenses total $4,360. Calculate the minimum amoun
    9·1 answer
  • The local police department gives a detective test. Everyone who takes the test must have been a police officer for at least fiv
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!