Solution :
QBI 300000 W-2 wages 40000
Taxable 3814000 QBP 10000
income
W-2 limit
Phase greater of
out MFJ
Start 315000 50% of W-2 20000
Finish 415000 or 25% of W-2 10250
+ 2.5% of QBP
Selected 20000 Being higher As part 1
Taxable income above phase out
66%
Now applying gross deduction and phase out
Gross deduction Being 20% of QBI = 66000
Less : wage limit of QBI - 20000
Phase out % x 66%
Phase out amount 30,360
Final deduction = gross deduction- phase out amount
= 66,000 - 30,360
= 35,640
M1 is the most liquid monetary aggregate.
A measure of the money supply in an economy is called an aggregate of money. To standardized monetary aggregates in the US, the following labels are applied:
MO The monetary base, usually referred to as the physical money supply or coinage and bank reserves maintained by the central bank,
M1: M0 in its whole plus traveler's checks and demand deposits
All of M1, money market securities, and savings accounts are considered M2.
Despite not being frequently noticed and being distinct from the money supply, the monetary base is a crucial monetary aggregates. The total amount of money in circulation as well as the fraction of commercial bank reserves that is kept on hand by the central bank are included. Since it may be multiplied using the fractional reserve banking system, this is also sometimes referred to as high-powered money (HPM).
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Answer:
Clinton and Trump on fiscal policy In the 2016 Presidential election campaign
The policy that will change aggregate demand (AD) the most is a cut in taxes.
Explanation:
Aggregate demand is fueled mostly by household consumption. A cut in taxes increases the marginal propensity to consume (MPC) and reduces the marginal propensity to save (MPS), but at the same time fuels the marginal propensity to invest by firms trying to meet the new aggregate demand, thereby increasing the aggregate supply (AS) which is the real GDP output.
Answer:
The ratio that is helpful in understanding whether the relationship between cash and marketable securities is reasonable in relation to current assets or total assets is;
Current assets/Total assets
Explanation:
Current assets represent a portion of the total assets that can be converted into cash or marketable securities quickly. A higher Current assets to total assets helps one to know the amount of the total assets that can be liquidated fairly quickly. The current assets should be able to be converted into cash or cash equivalents within a year to be deemed as a current asset. Examples of current assets are; cash, cash equivalents, stock inventories, market securities, accounts receivable, inventories and other liquid assets.
Current assets are the exact opposite of long-term assets, since the latter represents the portion of total assets that can not be easily converted in cash and cash equivalents within a year. They usually take a much longer time to convert into cash. They are; equipment, land and buildings.
The total assets include all the assets mentioned above. The summation of currents assets and long-term assets form the total assets.
Answer:
a. Yes. It is a probability density function because \sum f(x) =1
. b. probability MCC will obtain more than 30 new clients=P(40)+P(50)+P(60)= 0.20+0.35+0.20=0.75
c. probability MCC will obtain fewer than 20 new clients= P(10)= 0.05
d.
x f(x) x*f(x) x*x*f(x)
10 0.05 0.5 5
20 0.1 2 40
30 0.1 3 90
40 0.2 8 320
50 0.35 17.5 875
60 0.2 12 720
1 43 2050
expected value = \sum xf(x) = 43
Variance = 2050-43^2= 201
Explanation:
