Norman is a high school senior who is learning about financial planning. Below is a list of his income and expenses for the previous month.   allowance: $200 movie tickets: $25 wages: $1,000 bonus: $100 auto loan: $500 birthday gift:  $50 interest on savings: $15 auto repairs from accident: $150 auto insurance: $450 concert tickets: $45 Categorize each of the items above using the following categories: Anticipated income Unanticipated income Anticipated expenses Unanticipated expenses Identify Norman's unearned income, if any. Are variable expenses anticipated or unanticipated? Calculate Norman's income for the past month and expenses for the past month.

eBook Problem 13-07 Fifteen years ago your grandfather purchased for you a 25-year $1,000 bond with a coupon rate of 12 percent. You now wish to sell the bond and read that yields are 9 percent. What price should you receive for the bond? Assume that the bond pays interest annually. Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar. $

Need help with Case C & D and Chart thanks.

Please help me to solve this problem

Below is a chart of the monthly expenses for a person who spends $1,000 a month.   Category                             Money Spent Rent                                    $500 Food                                   $200 Entertainment                    $100 Pet Supplies                       $50 Gas                                     $150 Select all of the numbers below that could represent a part. A. $500 B. $100 C. $150 D. $200 E. $50 F. $1,000

1. ​Label each item as Gross Income, (GI), Not Included, (NI) or Deductions for Adjusted Gross Income, (DAGI), and calculate adjusted gross income for Noelle Nelson. A gift from her mother Nia, $30,000 Noelle has a sole proprietorship, candy shop. The net income is $120,000 Salary $100,000. Bonus $40,000 Capital loss $20,000 Contribution to individual retirement account, $1,000 Child support received, $30,000 Alimony received $50,000. The divorce was signed on January 15, 2018. Noele won $20,000 in a national bowling tournament. Noelle received $20,000 from a legal settlement for a dog bite on her leg. Student loan interest paid $1,000. Noelle’s sister, Natasha, gave her $40,000, in repayment of a $35,000 loan from 2017. Workman’s compensation $30,000 Unemployment compensation $40,000 Interest from a City of Nashville Bond, $7,000 Treasury bill interest $10,000 Interest from CitiGroup Account $5,000 Penalty for early withdrawal from timed savings…

Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:   Airfare $ 440 Lodging 2,400 Meals 600 Entertainment of clients 480   Required: How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)

Larry purchased an annuity from an insurance company that promises to pay him $9,000 per month for the rest of his life. Larry paid $946,080 for the annuity. Larry is in good health, and he is 72 years old. Larry received the first annuity payment of $9,000 this month. Use the expected number of payments in Exhibit 5-1 for this problem. a. How much of the first payment should Larry include in gross income? b. If Larry lives more than 15 years after purchasing the annuity, how much of each additional payment should he include in gross income? c. What are the tax consequences if Larry dies just after he receives the 100th payment?

Juanita travels to San Francisco for 7 days. The following facts are related to the trip: Round trip airfare $465 Hotel daily rate for single or double occupancy 155 Meals—$50 per day 50 Incidentals—$27 per day 27 If an amount is zero, enter "0". a.  If she spends 4 days on business and 3 days sightseeing, what amount may she deduct as travel expense? b.  If she spends 2 days on business and 5 days sightseeing, what amount may she deduct as travel expense? c.  Assume the same facts as in Part a, except that Juanita's husband Jorge accompanied her on the trip and that the hotel's single occupancy rate is $130. Jorge went sightseeing every day and attended business receptions with Juanita at night. Assume that Jorge's expenses are identical to Juanita's. What amount may Juanita and Jorge deduct as travel expense?

Your friend has asked you for budgeting help. They have a combined net family income of $138,000 per year. They have no children. They live in a three-bedroom house. Their expenses are as follows: Yearly payments: Taxes: $1,200 Insurance: $3,300 Car Expenses: $1,950 Monthly payments: Utilities: $350 Phone/Internet/TV: $180 Food: $700 Clothing: $250 Office supplies: $160 Car payments: $740 Weekly payments: Mortgage: $540 Entertainment: $120 4 This year, they would like to contribute a total of $24,000 to their RRSP. Determine whether they can afford that contribution. If so, how much (if any) do they have left for savings? Include your calculations and give a word answer.