If $60,000.00 is the total sales from selling toaster ovens at $16.00 each, then the total units of toaster ovens sold would be 3,750.00 units. If expenses where given, say for example, 40% of the sales, with a profit before tax of $60,000.00, then total sales should be $84,000.00 equivalent to 5,250 units of toaster ovens.
did you ever get the right answers if not
2 is D
3, is engineer and financial analyst
4 is educator nd lawyer
Answer:
the correct answer is
First, the sale price is 115% of the appraised value, so the appraised value is $230,000 / 115%, or $200,000. The lender will lend $140,000 (70% of appraised value), so the investor will have to come up with $90,000 ($230,000 - $140,000).
good luck
$7,060.
First, you will need a copy of the Form 1040 for 2013 (https://www.efile.com/tax-form/2013-federal-form-1040-a-us-individual-income-tax-return.pdf). Next, you will start at the top of the second page with Adjusted Gross Income (AGI) of $73,015. You will next subtract the standard deduction for a married filing jointly couple of $12,200 to get Line 25 of $60,815.
Next, you will subtract the number of exemptions multiplied by $3,900. Because this is a filer and her spouse, with no dependent children, you only have two exemptions, for a total of $7,900 for Line 26. You subtract this amount from Line 25 to get your Taxable Income of $53,015. You use this Taxable Income and the 2013 Tax Table (https://www.efile.com/tax-form/2013-federal-tax-tables.pdf) to find the amount of federal tax income for 2013, or $7,060.
