$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 value of the stock today is $28.48
Explanation:
To calculate the value of the stock today, we will use the Dividend discount model which bases the value of a stock based on the present value of the expected future dividends from the stock. The value of the stock today using this model should be,
P0 = 1 / (1+0.1)^3 + 1 * (1+0.4) / (1+0.1)^4 + 1 * (1+0.4)^2 / (1+0.1)^5 +
[ (1 * (1+0.4)^2 * (1+0.05) / (0.10 - 0.05)) / (1+0.1)^5 ]
P0 = $28.48
Answer:
emmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Explanation:
Answer: A clear statement of the problem
Explanation:
The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.
Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.
Answer:
c. absolute advantage over Kilim.
Explanation:
Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has absolute advantage over Kilim.
Comparative advantage refers to when a company produces the same number of outputs with <u>lower opportunity costs </u>while absolute advantage is when a country <u>produces more outputs from less resources</u>.
In the scenario, we are not given opportunity costs and we are not looking at the costs of producing a unit of output but rather how much output a country can get from a given level of resources which is in line with the concept of Absolute Advantage.
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