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Alika [10]
3 years ago
14

Scot and Vidia, married taxpayers, earn $92,000 in taxable income and $5,000 in interest from an investment in City of Tampa bon

ds. (Use the U.S. tax rate schedule for married filing jointly). (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. If Scot and Vidia earn an additional $60,500 of taxable income, what is their marginal tax rate on this income?
Business
1 answer:
jok3333 [9.3K]3 years ago
3 0

Answer:

a. Total Income=$152,500

Marginal Tax rate = 17.3%

Explanation:

Total Income=Taxable Income+Additional Income = $92,000+$60,500=$152,500

Marginal Tax rate = 17.3%

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Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B
77julia77 [94]

Answer:

Grower Mart

Explanation:

("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin.  This means that the buyer incur any risk and takes delivery of  the goods once the seller ships the goods.  The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.

When the term "F.O.B. Hilltop Farms" it means it is from the point of origin

6 0
3 years ago
Mrs. Larkin rents an apartment to a couple who argue continually, disturbing other tenants. Without going through the lawful evi
natima [27]

Answer:

B.  an actual eviction

Explanation:

Actual eviction -

It refers to the process of getting rid of the tenant by the landlord, for any violation, is referred to as actual eviction.

It is a completely legal practice, where it the landlord is not not comfortable with the tenant or if the tenant violates any rules, then the landlord has the legal right to remove the person.

Hence, from the given question,

As the tenant usually disturbs the neighbors and argues, hence the landlady, Mrs, Larkin has the right to remove them, according to actual eviction.

6 0
3 years ago
How does a bond sale by the fed affect the money supply?
kumpel [21]
A bond sale is a debt investment that is given by an investor to a particular corporate or governmental entity and is payable over a period of time at a variable or a fixed interest rate. It can affect the money supply, or the money of the country, because it encourages debtors to keep loaning from the government to finance their personal interests.
4 0
3 years ago
Read 2 more answers
There is no evidence that giving (blank) to your children makes them hyperactive.
tatiyna
I think its Sugar because that usually what people are talking about when dealing with children.
6 0
3 years ago
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Jonas is a 60% owner of Ard, an S corporation. At the beginning of the year, his stock basis is zero. Jonas's basis in a $33,200
olya-2409 [2.1K]

Answer:

Capital gain $24,900

Explanation:

Jonas's Stock basis $33,200

Less $8,300

Capital gain $24,900

$24,900 cash distribution - Net share of Ard's taxable income $16,600= $8,300

Therefore Jonas's recognized capital gain

of $24,900

6 0
3 years ago
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