Answer:
Having a savings account can contribute to your overall financial well-being by providing you with the security to expect the unexpected, allow you to invest when opportunities arise, provide you with the means to fulfill your dreams, and to give back to your community. I hope it will useful
Explanation:
Answer: Option D
Explanation: In simple words, business services refers to the activities that supports the business but do not provide any kind of tangible commodity from them.
Accounting, marketing, insurance and education are some of the many examples of business services.
From the above we can conclude that the correct option is D.
Answer:
$242,168.82
Explanation:
Inventory on December 31, 2021
Cost. Retail
Beginning inventory 300,000 291,000
Add: purchases 581,000 928,000
Add: freight in. 19,000
Add: net markups. 31,000
900,000 1,250,000
Less net markdown. 5,000
Goods available for 900,000 1,245,000
Cost to retail %
900,000/1,245,000
0.722891566
Less: net sales. 910,000
Estimated ending 335,000
Estimated ending inventory at cost
335,000 × 0.722891566
242,168.82
The amount of Doug's taxable income is <u>$27,700</u>.
<u>Explanation</u>:
<u><em>GIVEN</em></u>:
AGI = $35,000
State income taxes = $2300
Local property taxes = $3000
Medical expense = $800
Charitable contribution = $2000
Total deduction amount= State income taxes+Local property taxes+Charitable contribution
= 2300+3000+2000
= $ 7300
Total deduction amount= $7300
Taxable income= $35000- $7300
= $27,700
The amount of Doug's taxable income is <u>$27,700</u>.
