Answer:
a. Adjusted Gross income is calculated as;
= Wages + Interest - Deduction
= 41,000 + 700 - 5,000
= $36,700
b. The couple will pick their Standard deduction in 2019 because its more than the itemized deduction.
Standard deduction for couples in 2019 = $24,400
c. I assume you mean their 2019 taxable income which is;
= Adjusted Gross income - Standard deduction
= 36,700 - 24,400
= $12,300
<em>Note; As of 2018 there are no more personal deductions. </em>
Answer:
$392,400
Explanation:
The computation of correct balance for ending inventory on December 31 is shown below:-
Correct balance for ending inventory = Ending inventory – Office supplies
= $416,000 - $23,600
= $392,400
Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.
Answer:
Year Cashflow [email protected]% PV
$ $
0 (750,000) 1 (750,000)
1 350,000 0.9259 324,065
2 325,000 0.8573 278,623
3 250,000 0.7938 198.450
4 180,000 0.7350 132,300
NPV 184,438
The correct answer is D. The difference in answers is due to rounding error.
Explanation:
Net present value is the diffrence between initial outlay and present value of inflow. We need to discount the cash inflows for year 1 to year 4 at 8% and then calculate the present value of cash inflows by multiplying the cash inflows by the discount factors. Finally, we will calculate NPV by deducting the initial outlay from the present value of cash inflows.
Answer:
a person on whom you can rely
Explanation:
it's the correct answer
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
