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nikklg [1K]
3 years ago
8

Jack and Mary, a married couple, report taxable income of $280,000, which includes $200,000 from Jack's solely owned S corporati

on. The S corporation paid wages of $100,000 to employees (which does not include his salary). No acquisitions of depreciable property were made during the year.
Calculate the couple's QBI deduction.
Business
1 answer:
Strike441 [17]3 years ago
4 0

Answer:

$32,140

Explanation:

The QBI  on $280,000(57.3% of Taxable income)                  $160,700

Eligible Deduction of 20% on QBI                                            $32,140

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A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 26 componen
Inessa [10]

Answer: 0.7973

Explanation:

Binomial probability formula :-

P(x)=^nC_x\ p^x(1-p)^{n-x}, where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.

Given : The probability of getting a defect components : 0.06

If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-

P(x

Hence, the  probability that this whole shipment will be accepted = 0.7973

7 0
3 years ago
Robots
inysia [295]

Based on the PPC given, the points given would represent the following:

  • Point B = Efficient use of resources.
  • Point X = Impossible use of resources.
  • Point A = Underutilized resources.

<h3>What do points on the PPC represent/</h3>

Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.

Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.

Options to describe the points:

  • Efficient use of resources
  • Under utilized resources
  • Economic growth
  • Trade-off
  • Opportunity cost

Find out more on the PPC at brainly.com/question/2617319.

#SPJ1

3 0
2 years ago
What effect would a tax increase have on income
trasher [3.6K]
The Answer is D. It would not affect gross income. Gross income is the total amount of income you gain before expenses are taken away.
7 0
3 years ago
Read 2 more answers
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data
ehidna [41]

Answer:

a.$7.43 per machine hour

Explanation:

The computation of the single plant wide rate is shown below:

Single plant wide rate = Total overhead cost ÷ Machine hours

where,

Total overhead cost = $84,000 + $72,000 = $156,000

And, the machine hours is

= 1,000 units × 5 + 2,000 units × 8

= 5,000 + 16,000

= 21,000 machine hours

So, the single plant wide rate is

= $156,000 ÷ 21,000 machine hours

= $7.43 per machine hour

4 0
3 years ago
“In fact, production theory is much simpler than consumption theory because the output of a production process is generally obse
laila [671]

Answer:

The given statement 'In fact,...observable' conveys the idea that <u>it is comparatively convenient and simple to calculate the amount or quantity of goods that are being produced within a firm, territory, or country to determine the economic worth directly</u>. On the other hand, estimating the amount or quantity of goods consumed by the people across a region or country is difficult and can not be observed directly. However, the latter is given more significance and determined more usually through calculating the expenditure made by the consumers depending on their choices and within their income constraints and these are the primary factors that affect the economic growth or development while the production theory lays emphasis on the maximization of profit.

6 0
3 years ago
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