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krok68 [10]
3 years ago
5

Gordon is 60 years old and Mary is 55 years old. They are married with three dependent children over age 17, and Gordon has one

job. Assuming that Mary is unemployed, how many allowances should Gordon claim on his Form W-4, assuming no extra allowances for deductions or adjustments?
Business
1 answer:
MAVERICK [17]3 years ago
5 0

Answer:

The remaining part of the question:

.......Assuming that Mary is unemployed, how many allowances should Gordon claim on his Form W-4, assuming no extra allowances for deductions or adjustments?

a. Five

b. Six

c. Seven

d. eight

e. Nine

<u>Correct Answer:</u>

<u>b. Six</u>

<u></u>

Explanation:

The right allowance Gordon could be able o claim in the W-4 Form is actually 6.

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8 0
2 years ago
One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,
Dennis_Churaev [7]

Answer:

current price = $1191.79

Explanation:

given data

time t = 15 year

annual coupon bonds rate =  = 7.5 %

par value = $1000

interest rate = 5.5%

maturity time  = 14 year

to find out

current price of the bonds

solution

we get here first annual coupon rate = 7.5% of 1000

annual coupon rate  C = $75

so now we get current price of bond

current price of the bonds = \frac{C}{(1+r)} +\frac{C}{(1+r)^2} +\frac{C}{(1+r)^3} +\frac{C}{(1+r)^4} ..........\frac{C}{(1+r)^{13}} + \frac{C+par\ value}{(1+r)^{14}}      .................1

put here value

current price = \frac{75}{(1+r)} +\frac{75}{(1+r)^2} +\frac{75}{(1+r)^3} +\frac{75}{(1+r)^4} ..........\frac{75}{(1+r)^{13}} + \frac{75+1000}{(1+r)^{14}}  

current price = \frac{75}{(1+r)} \frac{1-(\frac{1}{1+r})^{14} }{r} (1+r) + \frac{1000}{(1+r)^{14}}

solve it we get

current price = $1191.79

4 0
3 years ago
Sony is considering a 10 percent price reduction on its HD TV sets. If the price-elasticity coefficient for the sets in this pri
lys-0071 [83]

Answer:

A 7.5% increase in the quantity demanded

Explanation:

If the price elasticity of demand (PED) is 0.75, that means that for every 1% change in the price of a product, the quantity demanded for the product will inversely change by 0.75%. If the price increases, the quantity demanded decreases, and vice versa.

If Sony lowers the price of its TVs by 10%, and the PED = 0.75, then the quantity demanded will increase by = 10% x 0.75 = 7.5%

7 0
3 years ago
If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in
Usimov [2.4K]
The owner has $2,000 more in assets. therefor the equity increased by 2,000
6 0
3 years ago
By providing training in the responsible service of alcoholic beverages to servers and bartenders a business owner will A. Serve
Natasha2012 [34]

Answer:

The correct answer is A. Serve the appropriate number of shooters to customers

Explanation:

by this way, there won't be any inappropriate incident in the bar or the surrounding area and the word of mouth will go around stating that this bar is a responsible that is concerned about the customers. Eventually, they will have more customers and an increased loyalty and respect among the existing customers.

3 0
3 years ago
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