$2,175 dan can deduct for taxes as an itemized deduction this year.
What is a tax?
A tax is a mandatory financial charge or other type of levy placed on a taxpayer (an individual or legal entity) by an administrative body to pay for various public expenditures and administrative costs.
The following chart shows how the itemized deduction was calculated:
State income tax withholding and anticipated payments for state income tax
= $1,375 + $800
= $2,175
We do not deduct Social Security tax, state excise tax on alcohol, or federal income tax withholding because these taxes are taxable.
Additionally, the automobile license is dependent on the weight of the vehicle rather than its market worth. Therefore, this wouldn't be regarded.
Additionally, we might choose among the state income tax or the sales tax. So, in the calculating section, we include the state income tax.
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Answer:
The correct option is B
Explanation:
People who collaborate or collude might not always be motivated or encouraged by the same goals. In fact, for a business or firm to succeed, it need to work towards a number of goals or multiple goals which sometimes are in a competition with each other. Therefore, people need to recognize that they have different goals so that they could determine the priority or to find a solution which addresses both the goals.
Answer:
The Sharpe ratios for the market portfolio and portfolio A is 0.1677 and 0.2 respectively
Explanation:
The computation of the Sharpe ratio is shown below:
= (Expected Rate of Return - Risk-free rate of return) ÷ (Standard Deviation)
For Market portfolio, it would be
= (12.2% - 7%) ÷ (31%)
= 5.2% ÷ 31%
= 0.1677
For portfolio A, it would be
= (11% - 7%) ÷ (20%)
= 4% ÷ 20%
= 0.20
Simply we apply the Sharpe ratio formula in which the risk-free rate of return is deducted from the expected return and the same is divided by the Standard Deviation
Explanation:
The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day
