subject
Business, 25.01.2020 06:31 jamiahharrell21

Farr, an unmarried taxpayer, had $70,000 of adjusted gross income and the following deductions for regular income tax purposes: mortgage interest on a loan to acquire a principal residence $11,000miscellaneous itemized deductions above the threshold limitation 2,000what are farr's total allowable itemized deductions for computing alternative minimum taxable income? a. $2,000b. $13,000c. $11,000d. $0

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
question
Business, 22.06.2019 10:40
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
Answers: 3
question
Business, 22.06.2019 19:00
1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals
Answers: 1
question
Business, 22.06.2019 21:10
Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right
Answers: 1
You know the right answer?
Farr, an unmarried taxpayer, had $70,000 of adjusted gross income and the following deductions for r...
Questions
question
Mathematics, 24.02.2021 06:50
question
Health, 24.02.2021 06:50
question
Mathematics, 24.02.2021 06:50
question
Mathematics, 24.02.2021 06:50
question
History, 24.02.2021 06:50
question
English, 24.02.2021 06:50
question
Arts, 24.02.2021 06:50
Questions on the website: 13722362