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HACTEHA [7]
2 years ago
3

Maureen Smith is a single individual. She claims one exemption of $4,000 for herself and claims a standard deduction of $6,300.

Her salary for the year was $170,600. What is her taxable income?
Business
1 answer:
Harlamova29_29 [7]2 years ago
4 0

Answer: $160,300

Explanation: Taxable income refers to the amount of an individual's income upon which income taxes can be imposed. This means that an individual's income may be subjected to certain deductions before the income tax rate is being applied to what is left of such an individual's income. These deductions may be standard deductions or exemption.

Standard deduction = $6,300

Exemption = $4000

Salary for the year = $170,600

Taxable Income = Salary- Exemption -Standard deduction

Taxable income = $(170,600 - 6300 - 4000)

Taxable income = $160,300

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4. Formulate an equation that would allow you to calculate the PERCENTAGE of people who filed their taxes during the week of Apr
STatiana [176]

Answer:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Explanation:

% people filed taxes = [Number of filed their taxes / Total number of people]100

Assume;

Number of filed their taxes = 100

Total number of people = 1,000

% people filed taxes = [100/1000]100

% people filed taxes = 10%

5 0
2 years ago
If a city is considering building a new city office complex, it may appoint a(n) to research possible locations for the offices
VLD [36.1K]

Answer: (D) Advisory committee

Explanation:

 The advisory committee is the type of committee in which the different suggestion, skills are the knowledge are carried out by the individual opinions in an organization.

According to the question, by using the advisory committee we present the problem of the city people to the manager of city so that they listen to our problem and suggest some effective way. The advisory committee basically providing the FDA that suggest or share some special knowledge and advice with the people.

Therefore, Option (D) is correct.

8 0
2 years ago
Unscramble the vocabulary word from Chapter 12: yalplor
makvit [3.9K]

Payroll is your answer.

Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.

~

7 0
2 years ago
Libby is the sole proprietor of a travel agency. During the year, she withdrew $3,750 from her business for her personal use. Ho
agasfer [191]

Im guessing C because the other ones are not well worded.

3 0
2 years ago
Read 2 more answers
Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs
DaniilM [7]

Answer: First line manager

Explanation: These are the managers who have direct authority over the workers working in the organisation. The task performed by such managers are usually supervisory or foremanship etc.

In the given case, Loree works at the service desk and also supervises and monitors the daily tasks performed by workers such as cashier and other front desk employees. Thus, we conclude that Loree is a first line manager.

6 0
2 years ago
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