What is alices self-employment tax liability for 2013

Assignment Help Financial Econometrics
Reference no: EM13329354

Alice is self-employed in 2013. Her net business profit on her Schedule C for the year is $140,000.
What is her self-employment tax liability for 2013?

Reference no: EM13329354

Questions Cloud

Create a use case based on relating functional requirements : Describe (in a one to two (1-2) page narrative) a use case, complete with typical and alternate courses, that documents the event of a bank customer withdrawing money from an ATM.
What is the discount yield and bond equivalent yield : What is the discount yield, bond equivalent yield, and effective annual return on a $1 million Treasury bill that currently sells at 93 3/8 percent of its face value and is 70 days from maturity
Calculate the force between these wires : The two wires of length 2m are 3mm apart and carry a current of 10 A dc. Calculate the force between these wires
Explain hydrocarbons containing halogens are very useful : Hydrocarbons containing halogens are very useful molecules in synthetic chemistry. Use tabulated thermodynamic data as needed to calculate
What is alices self-employment tax liability for 2013 : Alice is self-employed in 2013. Her net business profit on her Schedule C for the year is $140,000.  What is her self-employment tax liability for 2013
Find the power delivered to the cd player : A step-down transformer is used for recharging the batteries of portable devices. The turns ratio N2/N1 for a particular transformer used in a CD player is 4:57. find the power delivered to the CD player
Explain the pressure in atmospheres inside : What is the pressure in atmospheres inside a container of gas connected to a mercury-filled open-end manometer when the level in the arm connected to the container is 28.0cm higher than the level in the arm open to the atmosphere and the atmospher..
A manufacturing worker who loses her job at a plant : Are the following workers more likely to experience short-term orlong-term unemployment and explain:
What is the most which would be willing to pay for the stock : Metasteel Limited Co. has a stable sales track record but does not expect to grow in the next several years. Its last annual dividend was $5.75. If the required rate of return on similar investments is 18 percent

Reviews

Write a Review

Financial Econometrics Questions & Answers

  Determine what is the addition to retained earnings

Travis, Inc., has sales of $393,000, costs of $181,000, depreciation expense of $46,000, interest expense of $27,000, and a tax rate of 30 percent.

  What is the market price of a 1000dollar face value bond

Wine and Roses, Inc. offers a 8 percent coupon bond with semiannual payments and a yield to maturity of 8.73 percent. The bonds mature in 8 years. What is the market price of a $1,000 face value bond

  What is the book value of klingons total assets today

Klingon's current balance sheet shows net fixed assets of $3.7 million, current liabilities of $800,000, and net working capital of $139,000. If all the current assets were liquidated today, the company would receive $915,000 cash.

  Summarize and execute detailed description of the securities

Students will construct a well-diversified portfolio using an initial investment stake of $50,000 (the portfolio should use 95% of the fund, but they may not use more than $50,000).

  What rate should the firm use to discount project cash flow

The common stock currently sells for $37 per share and has a beta of 1.45, and the bonds have 15 years to maturity and sell for 118 percent of par. The market risk premium is 7.7 percent, T-bills are yielding 4 percent,

  What is the loans effective annual rate -ear

A loan is offered with monthly payments and a 7.50 percent APR. What's the loan's effective annual rate (EAR)

  How long should owner wait to save the entire amount

A restaurant owner wants to buy new kitchen equipment for $25,000. He would like to pay for it through saving up $2,000 a week in a fund that pays 10% interest compounded monthly.

  How much interest income will have to declare on tax return

You buy a zero coupon bond at the beginning of the year that has a face value of $1000, a YTM of 9 percent, and 12 years to maturity. You hold the bond for the entire year.

  Determine what is the npv of the diet scotch project

The McGregor Whisky Company is proposing to market diet scotch. The product will first be test-marketed for two years in southern California at an initial cost of $610,000.

  Determine what should be the apr for the monthly payment

for 4 years. You come back home and after doing the math you find that the monthly payment is beyond your means. At this time, you can only afford a monthly payment of $661.01.

  Find total asset turnover rate assuming that total revenues

The following (given in scrambled order) are accounts and balances from the accounting records of Alleg, Inc., as of December 31, 2012, after the books were closed for the year.

  Determine what is qms weighted average cost of capital

If the cost of common equityfor the firm is 17.1%, the cost of prefered stock is 9.3%, the before tax cost of debt is 7.7% and the firms tax rate is 35%, what is QM's weighted average cost of capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd