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laiz [17]
2 years ago
12

Joan Smith earns $42,500.00; is married with one child. The tax rate is 2 ½ %. Calculate the tax. Federal exemption is $3,000.00

Mathematics
1 answer:
shutvik [7]2 years ago
6 0
Answer a is correct
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Hariette would like to review the income and expenses that were actually paid last month so she can determine how much to set as
Brrunno [24]

Answer:

Hybrid basis

Step-by-step explanation:

There are different methods of accounting used by businesses depending on their peculiar needs. Below are the type of accounting methods:

- Cash basis is when revenues and expenses are recognised when cash is recieved or paid out.

-Accrual basis is when revenue and expenses are recognised when they are earned. For example if services are rendered to a client that will pay in a week's time, since service has already been given it is considered that the future payment has been earned.

- Modified basis combines elements of cash and accrual basis. For example considering short term assets like accounts receivable and accounts payable as cash items. Long term assets are recorded on accrual basis.

- Hybrid basis is used when cash and accrual methods are used for various expenses and tax. Mostly it is used for internal accounting purposes.

In this scenario Hariette would like to review the income and expenses that were actually paid last month. This requires a cash basis that shows actual amount recieved and paid last month. Account receivable and payable are not considered.

In setting aside money for tax she will employ accrual basis accounting. It is an expense that is estimated for future use.

So the hybrid basis is the method that will be most suitable.

5 0
2 years ago
Karen walked three miles in 48 mins. Bob walked one mile further than Karen. If it took Bob 1 hour and 5 min to complete his wal
nlexa [21]

Answer:

Karen

Step-by-step explanation:

Karen because it took bob and extra minute to walk the last mile.

8 0
2 years ago
Read 2 more answers
Which equation correctly uses point (–2, –6) to write the equation of this line in point-slope form? Y – 6 = y minus 6 equals St
GenaCL600 [577]

Answer:

Part 1) y+6=\frac{2}{5}(x+2)

Part 2) y+6=\frac{5}{2}(x+2)

Step-by-step explanation:

The equation of the line in point slope form is

y-y1=m(x-x1)

we're going to analyze two cases

<em>First case</em>

Point\ (-2,-6)

slope\ m=\frac{2}{5}

substitute

y+6=\frac{2}{5}(x+2)

therefore

y plus 6 equals StartFraction 2 Over 5 EndFraction left-parenthesis x plus 2 right parenthesis

<em>Second  case</em>

Point\ (-2,-6)

slope\ m=\frac{5}{2}

substitute

y+6=\frac{5}{2}(x+2)

therefore

y plus 6 equals StartFraction 5 Over 2 EndFraction left-parenthesis x plus 2 right parenthesis

5 0
2 years ago
Read 2 more answers
The word geometry has eight letters. three letters are chosen at random. what is the probability that two consonants and one vow
olga nikolaevna [1]

Answer:

0.536 is the required probability.

Step-by-step explanation:

 We have been given the word the word "GEOMETRY"

we have to find the probability that two consonants and one vowel are chosen:

Number of consonants are: 5

Number of  vowels are: 3

Hence, The required probability is: \frac{^5C_2\cdot ^3C_1}{^8C_3}

Using: ^nC_r=\frac{n!}{(r!)(n-r)!}

\frac{\frac{5!}{3!\cdot 2!}\cdot\frac{3!}{1!\cdot 2!}}{\frac{8!}{3!\cdot 5!}}

Simplifying the above expression:

\frac{\frac{5\cdot 4\cdot 3!}{3!\cdot 2}\cdot {\frac{3\cdot 2!}{2!}}}{\frac{8\cdot 7\cdot 6\cdot 5!}{5!\cdot 3\cdot 2}}

Further simplification after cancelling out the common terms we get:

\Rightarrow \frac{30}{56}=\frac{15}{28}=0.5357=0.536

Hence, Option 1 is correct.


4 0
2 years ago
Read 2 more answers
BRAINLY ANYONE?
Oduvanchick [21]

Answer:

58, 37, 9

Step-by-step explanation:

Given:

First term a₁ = 65 and common difference d = - 7

This sequence is arithmetic series and formula for calculating n-th term is:

aₙ = a₁ + (n-1) d

Accordingly

The second term is:

a₂ = 65 + (2-1) (-7) = 65 - 7 = 58

a₂ = 58

The fifth term is:

a₅ = 65 + (5 - 1) (-7)  = 65 + 4 · (-7) = 65 - 28 = 37

a₅ = 37

The ninth term is:

a₉ = 65 + (9 - 1) (-7) = 65 + 8 · (-7) = 65 - 56 = 9

a₉ = 9

God with you!!!

4 0
2 years ago
Read 2 more answers
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