Answer:
$260
Explanation:
First, we need to calculate the Taxable income as follow
Taxable income = income unearned + Income earned - Standard deduction Taxable income = $3400 + $300 - $1100
Taxable income = $2600
Now Multiply the tax rate to the taxable income to calculate the tax liability.
Tax Liability = Taxable income x Tax Rate
Tax Liability = Taxable $2,600 x 10% = $260
For the answer to the question above asking if Serena would like to calculate the total cost of a car loan. She should calculate the total cost of a car loan. She should multiply the amount of the loan by the APR.
Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371.
To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined.
Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected.
Answer: Type the correct answer in the box. Spell all words correctly. Which general area of specialization are you in if you are managing the accounting.
Explanation: You are in the specialization if you are managing the accounting function for a large organization, such as one that trades on public stock exchanges.