Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.
Total taxable dividend=Craft Inc. dividends + Frankfort Mutual Fund dividends+ Credit Union dividends
Where:
Craft Inc. dividends=$826
Frankfort Mutual Fund dividends=$597
Credit Union dividends=$283
Let plug in the formula
Total taxable dividend= $826+$597+$283
Total taxable dividend=$1,706
Inconclusion if Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.
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Answer:
$11,883.35
Explanation:
The formula for calculating continuous compounding is given below
F=p*e^it
In this question:
F=future value of the amount borrowed today=?
p=amount borrowed today/Purchases made by chris through credit card=$6,925
e=mathematical constant=2.7183
i=interest per annum=18% per annum
t=number of years=3 in this case
F=6,925*e^18%*3
F=$11,883.35
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The protocol that is used to access remote email storage is the e-mail protocol <span>Internet Message Access Protocol (IMAP).</span>
Answer:
b. Those who have a reasonable understanding of business and economic activities
Explanation:
Financial statements by an entity should be prepared in such a way so as to enhance their understandability aspect and help in better comprehension and interpretation of financial information by the users.
The above objective can be met by providing detailed disclosures and appropriate notes to accounts as required by laws and statues i.e financial reporting framework.
Understandability refers to the fact that those individuals who have limited financial knowledge should be able to comprehend the presented information as intended and should be able to draw out reasonable conclusions from their understanding of the same.