Mike is filing as the head of a household. Her taxable income is $61,014. Use the Tax Table, Exhibit 18-3 from your text to find the tax liability. A. $6,940.68 B. $7,321.68 C. $7,971.08

Under the current tax plan, the person pays 26% flat income tax on their salary. Under a proposed new system, the person would pay 31% on their salary above $12,000. The person pays $980 more under the new system than the old. What is the person's salary? Previous Page N

Tad hallway  received a bill for $765 dated may 4th for goods received on june 10th. The terms of sale on the invoice were 2/10 ROG . What is the last day that Tad can receive a cash discount for this order

A company had net sales of ​$306,000. The beginning inventory at retail was ​$124,000 and the ending inventory was ​$156,000. Find the turnover rate at retail. The turnover rate is __________

A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales.a. What amount will she pay on sales of $17,564 for a month? (Round your answer to the nearest cent.)Merchant fee  = $ b. What were her gross sales for a month in which the bank charged total fees of $732.88? (Round your answer to the nearest cent.)Gross sales  = $

Richard spends $22.72 every month into mortgage at the end of 30 years he has a balance of 178,982,.64 what interests has accrued over 30 years

Based on the federal tax chart what are the taxes owed in the following situation Taxable income $45,000

Joe I married and claims three allowances. The gross earnings on his last bi-weekly check were $1895. Find Joe's federal withholding taxes for this pay.

Calculate the amount of corporate income tax due and the net income after taxes (in $) for the corporation. (Assume the corporate tax rate is 21%.) Name TaxableIncome TaxLiability Net Incomeafter Taxes Corporation 3 $15,850,000

Mason Industries purchased a drilling rig for $75,900. Delivery costs totaled $2,817. The useful life is 7 years and the salvage value is $12,952. Prepare a depreciation schedule using the straight-line method. Mason IndustriesDepreciation Schedule—Drilling End of Year Annual Depreciation ($) Accumulated Depreciation ($) Book Value ($)   $78,717 (new) 1 $  $  $  2 $  $  $  3 $  $  $  4 $  $  $  5 $  $  $  6 $  $  $  7 $  $  $