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S_A_V [24]
3 years ago
9

In 2019, Sheryl is claimed as a dependent on her parents' tax return. Sheryl did not provide more than half her own support. Wha

t is Sheryl's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference
Business
1 answer:
yan [13]3 years ago
7 0

Answer:

Total tax ( Sheryl ) = $802

Explanation:

Tax status of Sheryl = Single

The rates to be used are

  • Tax rate = 10%  for single taxpayers with income between $0 through $9700
  • Tax for income from estates that is between $2600 through $9300 will be $260 + 24% of excess over $2600

kiddie tax is applicable on earned income above $2200 ( defined by IRS )

attached below is a  detailed table

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A publicly owned corporation is a company whose shares are held by the investing public, which may include other corporations as
Lubov Fominskaja [6]

Answer:

True

Explanation:

A publicly owned corporation is a company is a company owned by shareholders. This type of company's shares is freely traded on a stock exchange

Characteristics of A publicly owned corporation

  • Limited liability. the liability of owners are limited to the amount invested
  • Central management. The company is manged by board of directors and managers and not the shareholders
  • the company is a legal entity.
6 0
3 years ago
What is 1/2 + 1/4=? Can someone help me (ps it's just a test to see if this app really works)
sergij07 [2.7K]

The answer is 3/4 and yes it really works

5 0
3 years ago
The future earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow 7% per year. Carpetto'
bearhunter [10]

Answer:

14.05%

Explanation:

Given that,

Beta = 1.3

Risk-free rate (Rf) = 9.5%

Return on the Market (RM) = 13%

According to CAPM approach:

Cost of common equity (RE):

= [Rf + β (RM – Rf)]

= [9.5% + 1.3 (13% - 9.5%)]

= [9.5% + 1.3 (3.5%)]

= [0.095 + 1.3 (0.035)]

= [0.095 + 0.0455]

= 0.1405

= 14.05%

Therefore, the firm's cost of common equity is 14.05%.

8 0
3 years ago
In the context of electronic communication, _____ involves indirect form of disrespect.
Contact [7]

In the context of electronic communication, <u>passive incivility</u> involves indirect form of disrespect.

Passive incivility involves indirect forms of disrespect through the context of electronic communication which are not replying to emails, using emails for time-sensitive messages, not acknowledging receipt of emails.

Passive incivility has its own impact in an individuals life. As this incivility is indirect there is not much behavior noticed. Thus, here the factor of ignorance plays an important role. For instance, when a person sends a disrespectful email, and so here it is hard to understand tone via email and you can’t see the person's body language.

Hence, passive incivility involves indirect form of disrespect.

To learn more about incivility here:

brainly.com/question/13939392

#SPJ4

3 0
2 years ago
If gdp is $20 trillon, how many years will it take for gdp to increase to $40 trillion if annual growth is 10 percent?
ElenaW [278]

It will take 7 years.

Given GDP is $20 trillion and increased GDP is $40 trillion.

Gross domestic product (GDP) is the standard measure of  value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion  is given below:

F = P *(1+i) ^t

Here,

F = 40,

P = 20,

I = 10%

Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

  = 40 / 20

  = 2

Taking log both sides t = log 2 / log 1.10  

                                    = 7.27 yrs or 7 yrs

Therefore, it will take 7 years.

To know more about GDP click here:

brainly.com/question/1383956

#SPJ4

8 0
2 years ago
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