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serious [3.7K]
3 years ago
12

In 2021, Ava, an employee, who files single, has AGI of $51,900 and incurred the following miscellaneous itemized deductions thi

s year: Union dues and work uniforms: $1,080 Home office expenses: $3,240 Unreimbursed employee expenses: $1,512 Gambling losses to the extent of gambling winnings: $1,400. What is Ava's total itemized deduction related to these items
Business
1 answer:
34kurt3 years ago
6 0

Ava's total itemized deduction related to these items is $6,194.

Total Itemized Deduction:

 

Home office expenses: $3,240

Union dues and work uniforms $1,080

Unreimbursed employee expenses $1,512

Less: 2%of AGI ($51,900×2%) ($1,038)

$4,794

Gambling losses to the extent of gambling winnings $1,400

Total Itemized Deduction $6,194

($4,794+$1,400)

Inconclusion the  total itemized deduction related to these items is $6,194.

Learn more here:

brainly.com/question/22432237

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Floating rate bonds are most likely to be popular with investors when it is anticipated that:_________.
fiasKO [112]

Answer:

i think d is the correct answer

6 0
3 years ago
Haulsee Inc. pays no dividend currently but is expected to start paying a small dividend next year. The 5-year-old firm has a be
wlad13 [49]

Answer:

17.10%

Explanation:

The computation of the cost of equity is shown below:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 6.10% + 1.25 × 8.8%

= 6.10% + 11%

= 17.10%

The  (Market rate of return - Risk-free rate of return)  is also known as market risk premium and the same is applied.

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Jared is a salesman at a large retail store. Upon meeting his monthly sales target, he is honored with the title of "Star Salesm
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Answer:

The answer is: B) safety needs

Explanation:

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5 0
4 years ago
in a recent issue of aarp the magazine, a print ad for state farm insurance annuities advises readers that "the company has help
Vinil7 [7]

In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.

<h3>Who are the baby boomers?</h3>

This is the name that was used to refer to the people that were born at the period that the second word war ended and towards the 1960s. These were the people that were in the United States between the years of mid-1946 and mid-1964,

Hence we can conclude by saying that In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.

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7 0
2 years ago
10. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variabl
GaryK [48]

Answer:

$1,155,478

Explanation:

Present value is the sum of discounted cash flows

Present value can be found using a financial calculator

Cash flow in year 1 = $100,000

Cash flow in year 2 =  $20,000

Cash flow in year 3 = $480,000

Cash flow in year 4 = $450,000

Cash flow in year 5 = $550,000

I = 9%

Present value = $1,155,478

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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