This topic contains a solution. Click here to go to the answer

Author Question: Kerri is single and claims two exemptions. Last year she earned 48,800 in wages. Additional tax ... (Read 53 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Kerri is single and claims two exemptions. Last year she earned 48,800 in wages. Additional tax information for the year is as follows: interest earned: 229; capital gains from sale of stock: 2,650; penalty on early withdrawal of savings: 400; contributions to Keogh retirement fund: 1,500; real estate taxes paid: 4,500; mortgage interest paid: 4,200. Find the taxable income for the year.
 A) 33,179
  B) 44,150
  C) 37,795
  D) 39,912

Question 2

At a red-tag sale, all items with red tags have been marked down by 49. What should be the sale price of a DVD player having a red tag, if the pre-sale price was 234.95?
 A) 185.95
  B) 115.13
  C) 119.82
  D) 210.65



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

A

Answer to Question 2

C




cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Excellent

 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library