1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gayaneshka [121]
3 years ago
11

1. Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on "The Price

Is Right" (valued at $15,500) and won $500 on a scratch-off lottery ticket (the first time she ever played). She also signed up for a credit card to start the trip and was given a sign-up bonus of $100. How much will she have to include in her federal taxable income?
2A. What is the amount of taxes for a head of house hold with a taxable income of $57,500 with a rate of 25%?

B. What is the amount of taxes for a single person with a taxable income of $35,000 with a rate of 15%?

C. What is the amount of taxes for a married couple filling jointly with a taxable income of $70,700 with a rate of 15%?
Business
1 answer:
Lorico [155]3 years ago
7 0

Answer:

1. 16,100

Explanation:

To get how much she would include in her federal taxable income. We would have to add up these values:

The car won on the price is right + scratch off lottery + sign up bonus.

15,500 + 500 + 100

=$16,100

2a.

head of household

0 to 9275 at 10% = 927.5

(37650 - 9275)*15% = 4256.1

(57500 - 37650)*25% = 4962.5

total = 927.5 + 4256.1 + 4962.5

= 10146.1

2b

single person

0 to 9275 at 10% = 927.5

(35000-9275)*10% = 3858.75

total = 927.5 + 3858.75

= 4786.25

2c

for married couple

0 to 18550 at 10% = 1855

(70700-1855)*15% = 7822.5

total = 1855 + 7822.5

=9677.5

You might be interested in
WILL GIVE BRAINLIEST !!!!!
sergij07 [2.7K]
You can spend money on things you need first instead of the things you want. Most people spend their pay on things that they want rather than getting something they need this leads to financial problems. Another way is to put at least $20 in the bank every paycheck. This way if something bad happens and you need to pay for it then you have the extra money in your bank. Daily spending can be a bad thing because you are constantly spending and never saving money, and life is full of surprises so you need to save money as well for preparation. 

Hope this helped. Have a great day!
4 0
3 years ago
Read 2 more answers
Pollution caused by candles isn't taken into account.Quality improvements as a source of well-being are ignored.GDP doesn't capt
hammer [34]

Answer:

D. The marginal cost of light is zero, and by convention zero-priced goods and services are excluded from GDP

Explanation:

Only things that have a monetary cost are included in GDP. Things that do not cost "anything" in monetary terms are not included, and this is a major shortcoming of GDP.

From an ecological economics standpoint, things like sunlight, air, and water are often not valued and included in GDP. This is the same case as in the question, because the marginal cost of light is zero, then, it is not included in GDP.

3 0
3 years ago
Upon starting her new position, Brenda is given a _______ that details the tasks, duties, and responsibilities considered a part
Arada [10]

Answer:

The answer is job description (JD).

Explanation:

The job description is the summary of tasks, duties, and responsibilities for a particular position. The job description also includes the requirements for the position holder. In some cases, it may details the reporting line, compensation and benefits regarding to the job.

3 0
3 years ago
Identify and discuss the “needs” of a society.
sweet [91]

A traditional list of immediate "basic needs" is food (including water), shelter and clothing. Many modern lists emphasize the minimum level of consumption of 'basic needs' of not just food, water, clothing and shelter, but also sanitation, education, and healthcare.

7 0
3 years ago
The current futa tax rate is 0.8%, and the suta tax rate is 5.4%. both taxes are applied to the first $7,100 of an employee's pa
Goryan [66]
The given values in the problem are enumerated below:
futa tax rate = 0.8%
suta tax rate = 5.4 %
Employee's fee = $7,100
Amount taxes = $7100 *(0.008+0.054)= $440.2

When an employee earned total wages of $9100, we can solve the unknown:
Employee's wages =  $9100 + $440.2
Employee's wages = $ 9540.2

3 0
3 years ago
Other questions:
  • MC Qu. 142 Memphis Company anticipates total... Memphis Company anticipates total sales for April, May, and June of $840,000, $9
    7·1 answer
  • Think of three example from your own experience, and explain how they demonstrate the concept of diminishing marginal utility.
    8·1 answer
  • Jerry Rice and Grain Stores has $4,430,000 in yearly sales. The firm earns 2 percent on each dollar of sales and turns over its
    15·1 answer
  • Liabilities can be best described as:A. The amount of expenses over the past year.B. The amount expected to be distributed to st
    8·2 answers
  • Brenda is the owner of a spa store that operates 50 weeks per year. Spair Shampoo is a high margin stock-keeping unit (SKU), but
    12·1 answer
  • Organizations can become "bad barrels" because ​ a. they do not allow employees to pursue their own individual values. b. the pr
    8·1 answer
  • Recently many large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Fe
    14·1 answer
  • _____ are words that are specific to an employer’s needs or industry and improve your chances of having your résumé considered.
    6·1 answer
  • State five methods of interview​
    13·2 answers
  • Organizational purpose serves as the basis for an organization's ______. (select all that apply)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!