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Author Question: Diana and Bradley Holland are married and plan to file a Form1040 joint return. Diana earned 23,400, ... (Read 659 times)

JGIBBSON

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Diana and Bradley Holland are married and plan to file a Form1040 joint return. Diana earned 23,400, and Bradley earned 22,000 in wages. They have two minor children. They have earned interest of 1,500 . Diana contributed 3,000 to her IRA, and Bradley contributed 2,400 toward his. Their itemized deductions are 1,200 for medical expenses, 980 for real estate tax, 10,500 for home mortgage interest, 1,100 in personal property tax, and 1,000 in charitable contributions. Together, their income tax withholding was 6,810 . Compute Diana and Bradley's income tax owed or refund due.
 a. 1,393 tax due
 
  b. 13,580 tax due
 
  c. 5,417 refund
 
  d. 5,400 refund

Question 2

When formulating a linear programming spreadsheet model, we specify the constraints in a Solver dialog box, since Excel does not show the constraints directly.
 a. True
  b. False
   Indicate whether the statement is true or false



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bfulkerson77

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Answer to Question 1

c

Answer to Question 2

TRUE




JGIBBSON

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


bigcheese9

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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