Ask question

Ask question

All categories

3 years ago

7

An unmarried person, a divorced person, or a person legally separated from his or her spouse must choose which filing status whe

n filing a federal income tax return?
A.Married filing jointly
B.Married filing separately
C.Head of household
D.Single

2 answers:

strojnjashka [21]3 years ago

6 0

Ummmm I would either say B or C but from those two I would say B

Nadusha1986 [10]3 years ago

3 0

<span>B.Married filing separately</span>

You might be interested in

a tv retailer suppose that in order to sell a number of tvs the price per unit must follow the model p=600-0.3n

Karolina [17]

Answer:
you would have to sell 2,000 tvs the price per unit each 600 to follow the model
step-by-step explanation:
p = 600 - 0.3n
600/0.3
p = 2,000n

3 0

3 years ago

In its most recent annual report, Appalachian Beverages reported current assets of $39,900 and a current ratio of 1.90. Assume t

iVinArrow [24]

Answer:

Appalachian Beverages

The Updated current ratio is:

= 1.65

Explanation:

a) Data and Calculations:

Current assets = $39,900

Current ratio = 1.90

Current liabilities = $21,000 ($39,900/1.90)

Current Assets:

Beginning balance = $39,900

Inventory $5,100

Cash ($2,000)

Ending balance = $43,000

Current Liabilities:

Beginning balance = $21,000

Accounts Payable $5,100

Ending balance = $26,100

Analysis of Transactions:

1. Inventory $5,100 Accounts Payable $5,100

2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000

Updated current ratio = Current assets/Current liabilities

= $43,000/$26,100

= 1.65

6 0

3 years ago

Luther Corporation Consolidated Balance Sheet December 31, 2006 and 2005 (in $ millions) Assets 2006 2005 Liabilities and St

jeyben [28]

Answer:

Luther Corporation

Current Ratio for 2006 is closest to:

1.1 : 1

Explanation:

a) Data and Calculations:

Total Current Assets = $144 million

Total Current Liabilities = $132 million

Current Ratio = Current Assets/Current Liabilities

= $144/$132

= 1.1 : 1

b) Luther Corporation's current ratio is a liquidity measure that shows Luther's ability to pay off short-term obligations worth $132 million or those due within one year with its current assets of $144 million. The ratio tells investors and analysts of Luther Corporation how Luther can use its current assets to pay off its current debts. Since Luther's current ratio is higher than 1, it is considered good, depending on the industry average. This means that Luther's current ratio of 1.1 : 1 should not be considered in isolation, but in comparison with other firms in the industry and its performance over a number of years.

6 0

3 years ago

Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange market. Currently the spot rate

IrinaVladis [17]

Answer:

Don profit in the forward market can be USD 48,152.37

Explanation:

Spot rate currently is at 24.0239 MXN/USD

Sell USD forward at 26.5693 MXN/USD

Profit on settlement after 3 months = (Selling price - buying price)*Number of units

Profit on settlement after 3 months = (26.5693 - 25.3487)*1,000,000

Profit on settlement after 3 months = MXN 1,220,600

The exchange rate is expected to move to 25.3487 by Clint

Hence, 1,220,600/25.3487 = USD 48,152.37

Don profit in the forward market can be USD 48,152.37 if hewants to trade USD 1,000,000

3 0

3 years ago

Your grandfather started his own business 52 years ago. He opened an investment account at the end of his third month of busines

Yakvenalex [24]

Answer:

The answer is:D) $226.78

Explanation:

To calculate the amount of money your grandfather deposited every 3 months during 52 years to get $289,209.11 we can use an excel spreadsheet and the payment function =PMT(rate,nper,pv,fv)

where:

rate = 5.73% / 4 = 1.4325%
nper = 52 x 4 = 208
pv = 0
fv = 289,209.11

PMT = $226.78

6 0

3 years ago