1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sedbober [7]
2 years ago
6

Karim and Rashida Sultan are filing a joint federal return. They have the following investment income: Wells Fargo Bank CD, $720

Series HH bond interest, $521 Port of San Francisco, California, bond interest, $375 City of Bend, Oregon, bond interest, $64 Oak Farms dividends, $826 Craft Inc. dividends, $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends, $232 Blake Harrison, private contract interest, $1,263.
Required:
What is the amount of total taxable dividends reported on Schedule B?
Business
1 answer:
WINSTONCH [101]2 years ago
3 0

Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.

Total taxable dividend=Craft Inc. dividends + Frankfort Mutual Fund dividends+ Credit Union dividends

Where:

Craft Inc. dividends=$826

Frankfort Mutual Fund dividends=$597

Credit Union dividends=$283

Let plug in the formula

Total taxable dividend= $826+$597+$283

Total taxable dividend=$1,706

Inconclusion if Karim and Rashida Sultan are filing a joint federal return. They have the following investment income $597 Frankfort Mutual Fund dividends, $283 Credit Union dividends. The amount of total taxable dividends reported on Schedule B is: $1,706.

Learn more here:

brainly.com/question/20345678

You might be interested in
Sunland Inc. took a physical inventory at the end of the year and determined that $789000 of goods were on hand. In addition, Su
GenaCL600 [577]
I need points 25;!8;
4 0
2 years ago
Assume that an asset costing $72,000 is expected to produce 500,000 units and have a salvage value of $6,000. The first year, 90
anyanavicka [17]

Answer:

depreciable value = $72,000 - $6,000 = $66.000

depreciation expense per unit produced = $66,000 / 500,000 units = $0.132 per unit

depreciation expense year 1 = 90,000 x $0.132 = $11,880

depreciation expense year 2 = 82,000 x $0.132 = $10,824

depreciation expense year 3 = 94,000 x $0.132 = $12,408

Year          Depreciation expense          Book value

0                              $0                             $72,000

1                          $11,880                          $60,120

2                         $10,824                         $49,296

3                         $12,408                         $36,888

3 0
3 years ago
Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
WITCHER [35]

Answer:

The amount of cash received by Banks Company is $34,300

Explanation:

The computation of the cash received by the bank company is shown below:

= Merchandise amount - discount

where,

Merchandise amount is $35,000

And, the discount equal to

= Merchandise amount × discount percentage

= $35,000 × 2%

= $700

Now put these values to the above formula  

So, the value would equal to

= $35,000 - $700

= $34,300

3 0
3 years ago
Wilson states, "Culture is important to me. Our culture is based on accountability, camaraderie, and results. I’ve moved from fi
Snowcat [4.5K]

Answer:

Self nurturing

Explanation:

Self nurturing refers to teaching oneself and to learn along a period owing to the projects one undertakes. This means experience and knowledge attained over time by an individual. Such knowledge is acquired by an individual on his own.

Self nurturing entrepreneurs are those entrepreneurs who have immense self belief and who back their views and business ideas.

In the given case, Wilson has learnt from his experiences, the importance of organizational culture and what it stands for. Here Wilson depicts the trait of learning along on his own and being self taught. This displays the attribute of self nurturing.

6 0
3 years ago
A marketing company wants to estimate the proportion of consumers in a certain region of the country who would react favorably t
Sindrei [870]

The closest to the minimum number of consumers needed to obtain the estimate with the desired precision is (b) 271

Explanation:

When the prior estimate of population proportion is not given , then the formula to find the sample size is given by :-

n=0.25(\frac{z^{*} }{E} )^{2}

where E = Margin of error.

z* = Critical z-value.

As per given , we have

E = 5%=0.05

Confidence level = 90%

The critical value of z at 90% is 1.645  (By z-table)

Put all values in the formula , we get

n=0.25(1.645/0.05)²

n=0.25(32.9)²

n=270.6025≈271

Thus, the minimum sample size needed = 271

Hence , the correct answer is 271 .

8 0
3 years ago
Other questions:
  • Many firms develop ____ to answer the question: who is your target market?
    10·1 answer
  • A country's economic data indicates that there has been a substantial reduction in the financial capital available to private se
    8·1 answer
  • In 2011, harris optical lost $450,000 in missing merchandise. as a result, it developed a plan in which employees in 2012 would
    14·1 answer
  • One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to sup
    9·1 answer
  • All International Monetary Fund (IMF) loan packages come with conditions attached which limits Group of answer choices
    13·1 answer
  • A prospective borrower has an estimated monthly housing expense of $486, and his monthly obligations total $684. If the borrower
    12·1 answer
  • The transportation model, when applied to location analysis: maximizes revenues. minimizes total fixed costs. minimizes total pr
    10·1 answer
  • Monroe Minerals Company purchased a copper mine for $122,000,000. The mine was expected to produce 50,000 tons of copper over it
    15·1 answer
  • In which situation would a savings account be the be investment to earn interest
    13·1 answer
  • Richard Simmons, a sales rep for a firm that makes a line of pumps for keeping construction sites dry, has just been contacted b
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!