Lenny and Laura had a tax liability of 6,131 last year. In addition, they owed other taxes of 464. They were entitled to tax credits of 445 and withholding amounted to 440 per month. Calculate the amount of the refund or the amount of additional taxes due (as the case may be).
A) 870 Due
B) 870 Refund
C) 851 Due
D) 1,760 Due
Question 2
A desktop computer costs a company 315.42 to manufacture. If it sells for 827, what is the percent markup based on cost? (Round to the nearest whole percent)
A) 58
B) 114
C) 162
D) 20
Generally, the total tax burden in the United States is much lower than that of other industrialize
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