For this case what you must do is the following operation:
Taxable income = Household income-Personal exemption-Standard deduction.
Substituting the values we have:
Taxable income = ((16) * (2000)) - (4050) - (6350)
Taxable income = 21600 $
Answer:
her taxable income is 21600 $
Answer:
option A
Explanation:
In simple words, Pricing penetration refers to the marketing technique that businesses use to draw consumers to some new products and services by providing a cheaper price throughout their initial launch. Pricing for business penetration is based on the technique of initially utilizing low rates to make a large group of consumers conscious of a new platform.
Answer:
- A prospectus is prepared
- The SEC is notified
- Investment bankers are recruited
- Stock is sold to the public
Explanation:
A P E X
Answer:
The journal entries are as follows:
(i) On March 31,
Finished Goods A/c Dr. $56,400
To Work in Process $56,400
(To record the completion of the two jobs)
(ii) On March 31,
Cash A/c Dr. $38,000
To sales $38,000
(To record the sale Job 10)
(iii) On March 31,
Cost of goods sold A/c Dr. $21,400
To finished goods $21,400
(To record the cost of the job sold)
Answer:
Please see explanations below.
Explanation:
Economic development is the improvement in the standard,well being or quality of living of a country's citizen. It is an improvement to economic growth, which is the ability of a country to produce goods and services in large quantities over a period of time.
Most developed nations do not become developed overnight. These developments are as a result of long term plan and having focused leaders. When a country puts into perspective sound macro economic policies such as investment in critical infrastructure, encourage export , investment in and promotion of selected industries, universal primary and basic secondary education, investment in agriculture etc. All these are long term planning which most prosperous nations invested in.
Having a focused leader is also important for a Nation to prosper. When a country has a leader who is focused, then he would have vision for developing his country and work towards the fulfilment.
On the other hand, most nations remain poor due to so many reasons. Financial misappropriation, which is common among poorer nations especially in Africa. People misuse public funds which are meant to to provide infrastructure, healthcare; heavy taxation,etc. There is also lack of education. Unqualified people are employed in a position meant for those who are qualified.
The role of United States have always been ; proving funding for infrastructure development, health care facilities, education, military training, etc. Such roles should be sustained in these poorer nations and improved upon subsequently.