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inna [77]
2 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]2 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

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Answer:

$5.00

Explanation:

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Less Loss from discontinued operations(2.0)

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6 0
3 years ago
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Explanation:

A router, also a home network, allows you to connect several computers and other devices to a single Internet connection.

Hope this helps!

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3 years ago
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It gives proper credit to the author, it helps you avoid plagiarism, and it helps to create more ideas in your mind.

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A share of common stock just paid a dividend (D0) of $1.50. If the expected long-run growth rate for this stock is 5%, and if in
skelet666 [1.2K]

Answer:

Current stock price = $24.23

Explanation:

Stock price under Discounted Model:

P0 = D1 \div(Ke - g)

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Ke = Cost of equity = 11.5% p.a

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P0 = $1.575 / (11.50% - 5.0%)

Current stock price = $24.23

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