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Olenka [21]
3 years ago
15

10. The Kokorapolus's are married and are filing a joint tax return. Their gross income is $35,836. They are claiming $1,000 in

adjustments to income. They are also claiming $8,906 in itemized deductions and four exemptions of $3,100 each. They have already paid a total of $2,245 in withholding taxes.
a. What was their actual tax?

b. They are entitled to a refund of what amount?
(ASAP ITS FOR A TEST)
Business
1 answer:
OLEGan [10]3 years ago
3 0

ncrease in salary after you have completed the first year of your apprenticeship, if completed in line with your development objectives

Part of the British Airways apprentice network and community, with the opportunity to engage with apprentices from all schemes in the business and learn from former apprentices

Involvement in our ambitious sustainability vision, volunteering an active role to champion specific community groups including LGBTQ+ 'Flying Proud' and ethnic minority colleague network Be ME

Involvement in Community Investment programmes, taking part in fundraising challenges for partnership charities, supporting causes close to your heart

Volunteering in schools and colleges sharing personal experiences to inspire, motivate and coach students and support their potential to gain employment in the industry we love

Access to heavily discounted flights to globe trot, and a generous annual leave entitlement to turn your bucket list into reality

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We would like to invest $10,000 into shares of companies XX and YY.
garri49 [273]

Answer:

c. $5,000 into each company

Explanation:

Let X be the actual (random) return from each share of XX, and  Y be the actual return from each share of YY. Computing the returns from each option:

A) Investing $10,000 into XX

Given that variance = (standard deviation)²

Since XX cost $20 per share, only 500 shares can be bought.

Expected value = 500 * E(x) = 500 * 1 = 500

Variance = 500² * Var(x) = 500² * 0.5² = 62500

B) Investing $10,000 into YY

Since YY cost $50 per share, only 200 shares can be bought.

Expected value = 200 * E(y) = 200 * 2.5 = 500

Variance = 200² * Var(y) = 200² * 1² = 40000

C) Investing $5,000 into each company

Since XX cost $20 per share and YY cost $50 per share, only 250 shares of XX and 100 shares of YY can be bought.

Expected value = 250 * E(x) + 100 * E(y) = 250 * 1 + 100 * 2.5 = 500

Variance = 250² * Var(x) + 100² * Var(y) = 250² * 0.5² + 100² * 1 = 25625

Since all options have the same expected return, but option C has the lowest variance hence it is the least riskiest. So the best option is C

5 0
3 years ago
The classified Balance Sheet will subsection the assets section as follows a. Current Assets and Property, Plant, and Equipment
anyanavicka [17]

Answer:

a. Current Assets and Property, Plant, and Equipment

Explanation:

These classify the assets and liabilities in the classified balance sheet into various types Including assets that are divided into Property, Plant, and Equipment, current assets.

Liabilities are similarly divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet that means

Total assets = Total liabilities + shareholder equity

7 0
3 years ago
if the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year
scZoUnD [109]
A = $9.99, the amount needed after 1 year 
r = 0.018% = 0.00018, interest rate
n = 12, compoundings per year
t = 1, one year duration

Let P =  required balance at the beginning of the year.
Then
P(1+ \frac{r}{n} )^{nt} = A
P(1 + 0.00018/12)¹² = 9.99
1.00018P = 9.99
P = $9.988 ≈ $9.99

Answer: $9.99

7 0
3 years ago
You own a portfolio that has $2,100 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks
BigorU [14]
Stock A: $2,100, 13%
Stock B: $3,200 17%

Stock A-> 2100 x .13 = 273
Stock B -> 3200 x .17 = 544

Add
273 + 544 = 817

Expected return is $817
4 0
3 years ago
What is a contact list
marysya [2.9K]

Answer:

a collection of screen names, like on your phone where you keep all your friends' phone number

8 0
3 years ago
Read 2 more answers
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