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zmey [24]
2 years ago
13

Molly and steve are married and live in texas. molly earns a salary of $50,000 and steve owns a rental property that gives him $

35,000 of income. if they filed separate tax returns, what amount of income would steve report?
Business
1 answer:
Vikki [24]2 years ago
4 0
Married couples can file taxes jointly or separately. Both have their advantages and disadvantages but generally, for spouses earning more or less the same amount of money, especially if both are high-income earners, filing separately might allow them to pay less tax as filing jointly would probably make their combined income reach a higher tax bracket. 

<span>For this problem, calculating the income that Steve would have to report would only involve averaging his and Molly's income to give, 
</span>
= ($50,000 + $35,000)/2 
= $42,500


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Answer the following question based on the article "The Mystery of Original Sin: We Don't Know Why God Permitted the Fall, but W
Alexandra [31]

Answer:

D) He wants us to learn that having Him at the center of our lives will always be the best for us no matter how big or small the decisions we must face.

Explanation:

The article exposes that dehumanization is part of the world we're living in today. Marguerite Shuster argues that the world we're living in today is Genesis 3 world.

What's wrong with this world? "As the story goes, Chesterton responded with just two words: "I am." His answer is unlikely to be popular with a generation schooled to cultivate self-esteem, to pursue its passions and chase self-fulfillment first and foremost."

Then Shuster's invitation is to recenter our lives at Him.

References:

Shuster , M. (2013). The Mystery of Original Sin: We don’t know why God permitted the Fall, but we know all too well the evil and sin that still plague us. Christianity Today, 57(3), 38-41

Shuster, Marguerite. “Did God Plan the Fall?” ChristianityToday.com, Christianity Today, 24 Sept. 2018

8 0
2 years ago
A corporation’s articles of incorporation can be changed relatively easily. True False
Stels [109]

Answer:

False

Explanation:

Nothing is ever easy

7 0
2 years ago
On may 1, the cash account balance was $72,600. during may, cash receipts totaled $345,600 and the may 31 balance was $95,230. d
Sphinxa [80]
<span>$322,970 The expression for the cash balance at the end of the month is B = I + R - P where B = Balance at the end of the month. I = Initial balance at the beginning of the month. R = Receipts received during the month. P = Payments made during the month. So let's substitute the known values we have and solve for P B = I + R - P 95230 = 72600 + 345600 - P 95230 = 418200 - P 95230 + P = 418200 P = 322970 So the cash payments made were $322,970</span>
4 0
2 years ago
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and vari
Tju [1.3M]

The full question is:

Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?

Answer:

He has a marketing concept and is acting on it.

Explanation:

A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.

Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.

In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.

He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.

This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply

3 0
2 years ago
Tenet Engineering, Inc. operates two user divisions as separate cost objects. To determine the costs of each division, the compa
skad [1K]

Answer:

$136,190

Explanation:

The computation of computer cost allocated to Division B is shown below:-

Computer cost allocated to Division B = Computer service cost × Computer time of Division B ÷ Total computer time.

= $260,000 × 220 ÷ (200 + 220)

= $260,000 × 220 ÷ 420

= $260,000 × 0.5238

= $136,190

Therefore for computing the computer cost allocated to Division B we simply applied the above formula.

5 0
2 years ago
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