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
Allisa [31]
3 years ago
13

Robbie is a 20 year old dependent who is a full time student. Robbie has $6,800 in income from wages and $6,000 of interest inco

me from bonds inherited from his grandmother. What is the amount of Robbie's Taxable Income
Business
1 answer:
Andreas93 [3]3 years ago
8 0

Answer:

$5,650

Explanation:

Calculation for What is the amount of Robbie's Taxable Income

Wages $6,800

Add Interest Income $6,000

= Adjusted Gross Income $12,800

($6,800+$6,000)

Less Standard Deduction ($7,150)

Taxable Income $5,650

($12,800-$7,150)

Therefore the amount of Robbie's Taxable Income is $5,650

You might be interested in
Which of the following does an employer violate when it terminates an employee for refusing to do something unethical, unsafe, a
maxonik [38]

Answer:

A-public policy

Explanation:

Violation of public policy :A legal claim that an employee has been fired fo not doing and unethical thing which is moral wrong. In many states, for example, an employee can sue for wrongful termination in violation of public policy after being fired for : reporting illegal activities, exercising legal right or not doing illegal things.

4 0
3 years ago
Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.9%, compounded monthly. The loan (principal plus interest) m
san4es73 [151]

Answer:

0.98%

Explanation:

Note: Options provided is slightly different for this question

EAR = (1+APR/m)^m - 1  

EAR = (1+0.069/12)^12 - 1

EAR = (1.00575)^12 - 1

EAR = 1.07122449517 - 1

EAR = 7.12%

Hence, higher EAR  charged by Woodburn versus the rate charged by Southwestern = (8.1% - 7.12%) = 0.98%

5 0
3 years ago
For financial reporting purposes, cash generally includes currency and other items that are payable on demand, such as checks, m
Schach [20]

Answer:

The statement is: True.

Explanation:

For accounting purposes, cash is defined as every monetary instrument that can easily be converted into actual cash. Those instruments can be <em>coins, currency, checks, money orders, bank drafts, </em>or <em>Certificates of Deposit (CD), </em>to mention a few. In its most basic essence, cash is the default medium of exchange for goods and services to be traded.

6 0
3 years ago
If a salesperson notices a billing error in an order, he or she should: Group of answer choices let the finance team take a call
bazaltina [42]

Answer:

c. Correct billing problems without being prompted by the customer.

Explanation:

If a salesperson notices a billing error in an order, he or she should <u>correct billing problems without being prompted by the customer.</u> A Salesperson should act there after the notice and fix the billing problems for the customer as it may result in confusion later.

6 0
3 years ago
The leadership style advocating that a leader involve subordinates in most decisions
OlgaM077 [116]

Answer:

E) participative.

<u>The multiple-choice options for this question are: </u>

A) laissez-faire.

B) hands-off.

C) existential.

D) authoritarian.

E) participative.

Explanation:

In the participative leadership style, the manager invites employees' input when making all or most company decisions. The employees are adequate information regarding company issues. Each of the staff members is accorded an opportunity to make their contribution to the subject matter. If the team cannot reach a consensus, a majority vote determines the direction the company will take.

Participative leadership is criticized for slow f decision-making. Its main advantage is that decisions are easily acceptable by all, making implementation seamless.

7 0
3 years ago
Other questions:
  • Burnett Corp. pays a constant $8.25 dividend on its stock. The company will maintain this dividend for the next 13 years and wil
    9·2 answers
  • Your business has purchased 500 pizza pans, 60 kg of sauce, 100 kg of cheese, 2.5 kg of basil, 2.5 kg of oregano, 5 kg of yeast,
    9·1 answer
  • You were hired as a consultant to giambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common eq
    12·1 answer
  • Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
    15·1 answer
  • Collisions caused by fatigue are particularly likely to involve
    12·1 answer
  • Classical economists assumed that: Spending leakages exceed spending injections. Interest rate adjustment will cause business in
    9·1 answer
  • What is meant by an ‘economic boom’?
    8·2 answers
  • Which option in a webmail program allows you to type a new message? The option allows you to create a new message. NextReset
    14·1 answer
  • Housing subsidies for low-income households:__________.
    10·1 answer
  • __________ generally makes drivers sloppy and aggressive. alcohol dramamine marijuana lsd submit answer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!