Author Question: Dave and Alana are married and claim 4 exemptions. Last year Alana earned 31,300 and Dave earned ... (Read 177 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
Dave and Alana are married and claim 4 exemptions. Last year Alana earned 31,300 and Dave earned 25,100 in wages. Additional tax information for the year is as follows: interest earned: 2,600; penalty on early withdrawal of savings: 200; contributions to IRA retirement fund: 2,500; real estate taxes paid: 2,500; mortgage interest paid: 6,800. Find the taxable income if they file a joint return.
 A) 56,400
  B) 59,000
  C) 28,100
  D) 26,000

Question 2

A dishwasher that previously sold for 609.99 has been reduced to 573.39. What is the markdown percent? (Round to the nearest whole percent)
 A) 10
  B) 7
  C) 6
  D) 2



sylvia

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library