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Author Question: Barbie and Jose are married and claim 2 exemptions. Last year Barbie earned 32,400 and Jose earned ... (Read 178 times)

Chelseaamend

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Barbie and Jose are married and claim 2 exemptions. Last year Barbie earned 32,400 and Jose earned 28,600 in wages. Additional tax information for the year is as follows: Interest earned: 2,800; alimony paid: 5,900; contributions to IRA retirement fund: 2,300; state and local income taxes paid: 6,200; contributions to charity: 2,700. Find the taxable income if they file a joint return.
 A) 39,100
  B) 37,950
  C) 35,300
  D) 39,200

Question 2

The wholesale cost of a video game is 459.45. The original markup was 51 based on selling price. Find the final sale price after the following series of price changes: a markup of 24, a markup of 17, and a markdown of 10. (Round each selling price to the nearest cent)
 A) 2,224.31
  B) 510.45
  C) 1,224.31
  D) 1,259.73



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af

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Answer to Question 1

C

Answer to Question 2

C




Chelseaamend

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


Mochi

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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