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
finlep [7]
3 years ago
8

John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consis

ting of: $200 interest income from a savings account with their local bank, reported on Form 1099-INT. $350 interest income from a certificate of deposit held with another local bank, reported on Form 1099-INT. $100 in dividends from a savings account with a local credit union, reported on Form 1099-INT. $250 interest income from a U.S. Treasury note, reported on Form 1099-INT. $500 tax-exempt interest income from a municipal bond investment, reported on Form 1099-INT. $1,700 in ordinary dividends from a mutual fund investment, reported on Form 1099-DIV. Complete John and Cynthia's Schedule B (Form 1040), Interest and Ordinary Dividends.
Business
1 answer:
svetlana [45]3 years ago
8 0

Answer:

                          Calculation of Net taxable income

Particulars                                                        Amount        Amount

Interest income from savings interest                                   $200

Interest income from certificate deposit                                $350

Dividend from saving account with                                        $100

local credit union  

Interest income from us treasury note                                    $250

Tax exempt interest from municipality bond                          $500

Ordinary dividend                                                                     <u>$1,700</u>

Gross total income                                                                    $3,100

<u>Income exempt</u>

Dividend from saving account                           $100

Dividend from treasury note                              $250

Tax exempt interest from municipality bond    <u>$500</u>              <u>$850</u>

Net taxable income                                                                   <u>$2,250</u>

You might be interested in
What is the yield to maturity (rounded to the nearest whole percent) of a 20 year, $100 par value bond, that pays a 10% coupon s
AfilCa [17]

Answer:

the  yield to maturity is 12%

Explanation:

The computation of the yield to maturity is as follows

Given that

Future value is $100

Present value is $85

PMT = $100 × 10% ÷ 2 = $5

NPER = 20 × 2 = 40

The formula is given below:

= RATE(NPER;PMT;-PV;FV;TYPE)

The present value comes in positive

After applying the above formula, the yield to maturity is

= 6% × 2

= 12%

Hence, the  yield to maturity is 12%

4 0
3 years ago
Which tasks are commonly done by employees in the Energy cluster? Check all that apply.
Anni [7]
Installing equipment
Manufacturing gauges
Designing systems
6 0
3 years ago
Read 2 more answers
Two coworkers at Nortel came up with an idea for renting software over the Internet.Nortel's top management liked the idea and s
Fynjy0 [20]

Answer:

C) organizing

Explanation:

From the question we are informed about Two coworkers at Nortel who came up with an idea for renting software over the Internet.Nortel's top management liked the idea and set up a special division called Channelware devoted to taking the idea and making a new product.In this case, the establishment of a new company and assigning the employees in the division the task of making the idea a reality requires organizing, which is a management function. Functional management can be regarded as most common type of organizational management, Management which is set of principles that relates to the functions such as planning, controlling as well as organizing and directing. Organizing can be regarded as process involving identification and grouping of work that is needed to be performed, it entails defining as well as delegating the responsibility. It can be regarded as establishment of relationships to enable people to work together in effective way to achieve goals

5 0
3 years ago
Suppose the manager agrees to pay each employee a​ $50 bonus if they meet a certain goal. on a typical​ saturday, the​ oil-chang
djyliett [7]

Answer:

There is a​ 10% chance of the mean​ oil-change time of 20.53 minutes

Explanation:

Given that:

There are 45 oil changes between 10 a.m. and 12 p.m. treating this as a random​ sample, n = 45 and  there would be a​ 10% chance of the mean​ oil-change time, therefore P = 10% = 0.1

A probability of 0.1 gives a corresponding z score of -1.28, this is gotten from the z table. z = -1.28

z score (z) = (x - mean) / (standard deviation / √n)

Let us assume mean = 21.2 minutes and standard deviation = 3.5 minutes. substituting values:

-1.28 = (x - 21.2)/(3.5 ÷ √45)

-1.28 = (x - 21.2) / 0.522

x - 21.2 = -0.6678

x = 21.2 - 0.6678 = 20.53

x = 20.53

5 0
3 years ago
James is an efficient sales professional. However, in the past few months, he hasn’t been performing to the best of his ability
olchik [2.2K]
B. In my opinion is b tell me if you got it correct
5 0
2 years ago
Read 2 more answers
Other questions:
  • real GDP is a better measure of economic well-being than nominal GDP, because real GDP: adjusts the value of goods and services
    10·1 answer
  • Which of the following is a difference between planning and control?
    7·1 answer
  • A mother wants to invest ​$9 comma 000.00 for her​ son's future education. She invests a portion of the money in a bank certific
    8·1 answer
  • The 1998 annual report for Sears shows that, since 1978, it has experienced dramatic changes in the composition of its workforce
    12·1 answer
  • If a firm utilizes debt financing, a 10% decline in earnings before interest and taxes (EBIT) will result in a decline in earnin
    6·1 answer
  • Melissa invested her savings in two investment funds. The amount she invested in Fund A was $6000 less than the amount she inves
    11·1 answer
  • Jamieson Enterprises has presented the following information for the past year of operations Month Units Total Cost January 2,80
    14·1 answer
  • Describe the technologies that contributed to the development and advancement of the newspaper from small, infrequent circulatio
    8·1 answer
  • Tom was CEO of a company. He stole money from the company by writing a series of checks made out to “Cash” which he deposited in
    12·1 answer
  • A monopolistically competitive firm is one:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!