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Alecsey [184]
3 years ago
11

Marsha is single, had gross income of $50,000, and incurred the following expenses: Charitable contribution - $2,000 Taxes and i

nterest on home - 7,000 Legal fees incurred in a tax dispute - 1,000 Medical expenses - 3,000 Penalty on early withdrawal of savings - 250 Her AGI is:
Business
1 answer:
Contact [7]3 years ago
6 0

Answer:

Adjusted gross income = $51000

Explanation:

given data

gross income = $50,000

Charitable contribution = $2,000

Taxes and interest  =  $7,000

Legal fees  = $1,000

Medical expenses = $3,000

Penalty = $250

to find out

Adjusted gross income AGI

solution

we get here Adjusted gross income AGI is express as

Adjusted gross income = gross income + Taxes and interest - Charitable contribution - Legal fees - Medical expenses  ............................1

put here value we get

Adjusted gross income = $50,000 +  $7,000 - $2,000 - $1,000 - $3,000

Adjusted gross income = $51000

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Which two investment options would be best if you are 20 year old, just starting to save, and want to retire when you are 70? Co
Murljashka [212]

Answer:

Diverisify

Explanation:

The best option would be to diverisify between various things. Part into a promising crypto such as Ethereum or Bitcoin. Part into some basic index funds such as the SPY (S&P500), some bigger tech companies such as Apple and finally a more risky investment into a stock or crypto which is only in the beginning of its age. If you would like protection against a crisis or similar you could buy some Put options for your stocks.    

3 0
2 years ago
Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof
IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

6 0
3 years ago
Costco delivers for free using instacart and the only difference is how you sign in to order
viva [34]

Answer:

Go to the Sign in page, which you can access by selecting "Sign In / Register" in the top right corner of our homepage.

Select "Create Account," then enter your e-mail address, a password, and — if you're a member — the number found on your membership card. If you happen to have a Costco Anywhere Visa® Card by Citi, just look for your membership number on the back of the card, directly to the right of your picture.

Once you select the "Create Account" button, your account will be created.

Please keep in mind that being an active Costco member does not automatically register you on Costco.com. Your membership number is not linked to your account until you add it, either when you register or you update your account details under "My Account."

6 0
2 years ago
Bill Dukes has $100,000 invested in a 2-stock portfolio. $32,500 is invested in Stock X and the remainder is invested in Stock Y
pshichka [43]

Answer:

0.98

Explanation:

Computation for Bill Duke portfolio's beta

First step is to find the Investment in Y which is:

Investment in Y=100,000-35,000

=$65,000

Second step is to calculate for the Portfolio beta using this formula

Portfolio beta=Respective beta*Respective Investment weight

Portfolio beta =(35,000/100,000*1.5)+(65,000/100,000*0.7)

Portfolio beta=(0.35*1.5) +(0.65*0.7)

Portfolio beta =0.525 +0.455

Portfolio beta=0.98

Therefore the Portfolio Beta will be 0.98

7 0
3 years ago
You are saving money for a down payment on a new house. You intend to place $7,500 at the end of each year for three years into
blondinia [14]

Answer:

you earn  7,510

Explanation:

5 0
2 years ago
Read 2 more answers
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