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crimeas [40]
3 years ago
12

Matthew is a single taxpayer who earns $75,000 per year in taxable income working as an accountant. He has $2,000 in long-term c

apital gains on an investment
that cost him $10,000 to purchase. Compute the tax on his investment to determine the after-tax return on investment (ROI).

Single Taxpayers:

Qualified Dividends and

Long-Term Capital Gains

Income

Tax Rate

Bracket

0% 0 to 38,600

15%

38,601 to

425,800

20% > 425,800

A

14%

B. 16.5%

C 17%

D. 18.9%

E 20%
Mathematics
1 answer:
amm18123 years ago
8 0

Answer:

Option C,17% is correct

Step-by-step explanation:

The tax on his investment is  15% of his long-term gains on investment since his total taxable income is  $77,000 ($75,000+$2,000).

tax on investment gain=15%*$2000=$300

after tax gain on investment =$2000-$300=$1700

The return on investment of $10,000=after tax gain on investment/cost of investment

after tax gain is $1700

cost of investment is $10,000

return on investment=$1,700/$10,000=17%

The correct option is C,17% return on investment of $10,000

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Answer:

\frac{9}{50}

Step-by-step explanation:

This is the answer because:

1) 185 equals to \frac{18}{100} because 18% is equal to 0.18 which is \frac{18}{100}

2) \frac{18}{100}  to it's lowest terms is \frac{9}{50}

3) It's lowest terms is  \frac{9}{50} because 18/2 is 9 and 100/2 is 50

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Hope this helps! :D

3 0
3 years ago
Find the geometric mean of 5 and 320. <br><br> A.<br> 35<br> B.<br> 40<br> C.<br> 45<br> D.<br> 50
Softa [21]
Geometric mean of a and b is: \sqrt{ab}
\sqrt{5*320}= \sqrt{1600} = 40
Answer: B ) 40
4 0
3 years ago
Katie received a speeding ticket that incurred a $125 fine. After one month, she will also
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Answer:

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Step-by-step explanation:

3 0
3 years ago
Which equation can be used to solve for x in the parallelogram below?
densk [106]

Answer:

B. (3x - 12)° = (2x + 8)°

Step-by-step explanation:

This equation can be used to solve x.

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3x - 2x = 12 + 8

x = 20°

-------------------------------------------------------------------

Verification:

3(20) - 12 = 2(20) + 8

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6 0
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Ber [7]
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