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Q: The relationship of $388,522 to $112,063, expressed as a ratio, is Oa. 1.4 Ob. 3.5 Oc. 4.9 Od. 0.8
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Q: What is net income ? 251+113 =364 or only 251 ?????
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Q: isn't the 5,000 not included in the computation?
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A: Please check the solution after an hour as we have an issue with the solution.
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A: If selling price = 100 Margin = 100*25% = 25 Cost = 100 - 25 = 75
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- Use the table below for the next few questions Table for Single Taxpayers Over But not over $51 $195......................10% of excess over $51 $195 $645......................$14.40 plus 15% of excess over $195 $645 $1,482...................$81.90 plus 25% of excess over $645 $1,482 $3,131...................$291.15 plus 28% of excess over $1,482 $3,131 $6,763...................$752.87 plus 33% of excess over $3,131 $6,763...........................................$1,951.43 plus 35% of excess over $6,763Use the table below for the next few questions Table for Single Taxpayers Over But not over $51 $195......................10% of excess over $51 $195 $645......................$14.40 plus 15% of excess over $195 $645 $1,482...................$81.90 plus 25% of excess over $645 $1,482 $3,131...................$291.15 plus 28% of excess over $1,482 $3,131 $6,763...................$752.87 plus 33% of excess over $3,131 $6,763...........................................$1,951.43 plus 35% of excess over $6,763 Herb Becker had gross earnings of $465 last week. He is single and claims a withholding allowance for himself only. The amount of each weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, compute the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.) 40.59 54.09 45.09 35.09The choices are 1,424 1,780 2,064 3,200
- X, a resident citizen had the following data in the year 2021:Gross income from the practice of profession, P1,590,000Gross income from business, P3,500,000Interest income from currency bank deposit at Metro Bank, P8,300Interest income on private securities, P24,000Dividend income from domestic corporation, P26,000Interest income on loans to friends, P13,000Winnings from raffle draws, P2,000Sale of a land in Marikina not used in business (with a FMV of P2,900,000), P3,300,000Deductible business and professional expenses, P3,842,000How much should X report as his gross income?How much is the share of Lorna share in the net income? * P89,235.00 P90,382.50 P90,735.00 P91,350.00 answer not given20- Which one among the following is private income? a. Government income b. Wages of employees c. Earnings of private organizations d. Salaries of managers
- It says 34,960 is INCORRECT.Consider the following society: Share of voters 32% 33% 34% First choice a b c Second choice b c a Third choice c a b These are the voters' true preferences. (i) What is the outcome under plurality voting if everyone votes sincerely? (ii) Assuming voters in groups 2 and 3 vote sincerely, could voters in group 1 misreport to get a better outcome? How many in group 1 need to vote this way for it to work? (iii) Assuming voters in groups 1 and 3 vote sincerely, could voters in group 2 misreport to get a better outcome? (iv) Assuming voters in groups 1 and 2 vote sincerely, could voters in group 3 misreport to get a better outcome?Liberty Corporation reported the following financial statements: Which statement best describes Liberty’s acid-test ratio for 2019? a. Greater than 1 b. Equal to 1 c. Less than 1 d. None of the above
- The total tax on an income of $256,600 is: Select one: a. $96,194 b. $113,900 c. $112,944 d. $128,544 e. $83,324 ???22 On a recent paycheck, the employee's taxes were as follows: Federal withholding, $31; Social Security tax, $41.20; Medicare, $11.93; and state income tax, $14.25. What is the employer's share for these taxes? Multiple Choice $53.13 $67.38 $98.38 $45.25Enrollment data shows 38.4% of students enrolled at ACC in Fall 2020 self-identified as Hispanic. If 15,318 students self-identified as Hispanic, how many students were enrolled at ACC in Fall 2020?
