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Compute the 2016 standard deduction for the following taxpayers. If an amount is zero, enter "0". Click here to access the standard deduction table to use. a. Margie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job. $ b. Ruby and Woody are married and file a joint tax return. Ruby is age 66 and Woody is 69. Their taxable retirement income is $10,000. $ c. Shonda is age 68 and single. She is claimed by her daughter as a dependent. Her earned income is $500 and her interest income is $125. $ d. Frazier, age 55, is married but is filing a separate return. His wife itemizes her deductions. $
What's the beginning balance per the books and What are the total amounts of outstanding checks
200,000 shares of common stock, par value $1 per share. On December 15, 2011, Arp declared dividends of $100,000. What was the amount of dividends payable to Arp's common stockholders?
Over the following four years the application's benefits will provide inflows of cash, while the costs to provide application maintenance, ongoing operations, and support (MOOS) will require outflows of cash. The expected cash flows are:
The current LIBOR rate is 10% per annum for all maturities. The 3-month LIBOR rate 1 months ago was 8% per annum. All rates are compounded quarterly. Use quarterly compounding. Illustrate what is the value of the swap to this financial institution?
Vanna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels.
Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $390,000 due in 27 years. In other words, they will need $390,000 in 27 years. Toni Flanders, the company's CEO, is scrambling to discount the liabil..
What was the total amount of withdrawals for the year? What was the net income? What was the total revenue? What were the total expenses?
Compute the present value of operating lease obligations using an 8 percent discount rate for Gap Inc. and Limited Brands as of January 31, 2009
The following are selected transactions of Graves Company. Graves prepares financial statements quarterly. Graves uses the perpetual inventory system. Prepare journal entries for the listed transactions and events. (Round answers to 0 decimal places,..
On September 1, 2013, Algernon Company sold a truck for $15,000 cash. The truck was originally purchased for $40,000, had an estimated salvage value of $4,000 and an estimated life of 6 years. Algernon had recorded depreciation through the end of 201..
Calculate the present value of the cash flows, rounding to the nearest dollar and prepare a chronological list of the investment's cash flows. Note: Greene is entitled to the 19X3 dividend.
The adjusted trial balance of the Laventhal Corporation as of December 31, 2014. What should be reported as total intangible assets on Laventhal's December 31, 2014 balance sheet?
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