Author Question: Use Form 1040EZ to calculate the taxable income for Pamela Zaskoda. She is single and earned 24,800 ... (Read 45 times)

viki · **on:** Jun 24, 2018

Use Form 1040EZ to calculate the taxable income for Pamela Zaskoda. She is single and earned 24,800 in wages, plus 250 in interest. Pamela has no exemptions other than herself. Assume her standard deduction is 5,450 and a single exemption is 3,500 . Calculate her taxable income.
a. 5,450

b. 16,100

c. 3,500

d. 25,050

Question 2

Suppose a company sells two different products, x and y, for net profits of 5 per unit and 10 per unit, respectively. The slope of the line representing the objective function is:
a. 0.5
b. -0.5
c. 2
d. -2