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
2. What are some reasons the seller was willing to sell the product at this price?​
Setler79 [48]

To get it out of His hands

Explanation:

Just tired and ready to let it go

4 0
2 years ago
The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried
ycow [4]
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.

Looking at the chart, we see that this gives us 81-75 = 6. 

Therefore, the Marginal Benefit of a fourth sandwich is 6. 

6 0
3 years ago
Peter Parker, the HR vice-president of a well-known IT firm, called his team members for a meeting to discuss the measures to be
NikAS [45]

Answer:

groupthink

Explanation:

In team discussions and debates, groupthink is a common phenomenon where team members tend to agree with others without a constructive discussion filled with arguments. It is very common when an authoritative person (manager) is leading the discourse of discussion.

In this example, the reached consensus is an example of groupthink, since the team members did not critically evaluate the troublesome issue.

8 0
2 years ago
An establishment owned by two or more persons in which only one person has unlimited personal liability for the business describ
chubhunter [2.5K]
Limited partnerships
4 0
3 years ago
Prior to 2008, CBS Corp. owned approximately 18% of Westwood One, Inc., which managed the CBS Radio Network. CBS, in turn, manag
olga nikolaevna [1]

Answer and explanation:

The influence a company may have over another when one of them has a number of shares that belongs to the other is determined by the percentage of ownership that the number of shares represent. If its lower than 20%, it is said the company has <em>no influence</em> over the other. From 20% to 50% one company has <em>significant influence</em> over the other. Finally, with more than 50% of the outstanding shares in possession, one company has <em>control </em>over the other.

In that case, CBS Corp. has no influence over Westwood One, Inc. since it owns only 18% of the outstanding shares.

4 0
3 years ago
Other questions:
  • Your credit at a bank is based on your ability to pay back a loan.
    12·2 answers
  • What are 4 ways managers can motivate their staff
    8·2 answers
  • Residual Income The Commercial Division of Galena Company has operating income of $62,240 and assets of $228,000. The minimum ac
    6·1 answer
  • Social compensation is especially likely when high-ability group members are suspected of loafing.
    8·1 answer
  • Exercise 4-2A Allocating costs between divisions Beasley Services Company (BSC) has 50 employees, 28 of whom are assigned to Div
    14·1 answer
  • You run a small community or country and your primary output is the growing of wheat and the sewing of socks. You are able to pr
    11·1 answer
  • When you ____________ you spend money on something with the expectation that it will return a greater value in the future.
    9·2 answers
  • How do you plan to ensure your own financial well-being?
    13·1 answer
  • Within the manufacturing plant of Reliable Garment Production Co., a company that makes clothing for many of the top fashion lab
    6·1 answer
  • What are some factors that explain why people save for the future? (check all that apply.)
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!