What is sallys taxable income

Assignment Help Financial Management
Reference no: EM131498764

Sally is single with a gross income of $51000. She has no adjustments to gross income, but she does have itemized deductions totaling $4,275. Personal exemptions for the year are $3700 each and standard deductions is $5800, what is Sally's taxable income.

Reference no: EM131498764

Questions Cloud

Discuss four goals of ongoing pd support : Discuss four goals of ongoing PD support. How can school personnel identify an evidence-based practice or program? What is fidelity of implementation?
Discuss a transnational or a global strategy : Assume you are in charge of developing the strategy for a multinational company selling products in some 50 countries around the world.
What is the procedure involved in creating : What is the procedure involved in creating, compiling and executing a Java program.
Scenarios for deployment of the operating system : Draft a response to the questions below, which will address different scenarios for deployment of the operating system.
What is sallys taxable income : Sally is single with a gross income of $51000. what is Sally's taxable income.
Latest version of the distributed file system : Windows® 2012 R2 includes the latest version of the Distributed File System. This is a core technology that allows organizations of any size to collaborate.
Identify strategy that volkswagen is use to compete in china : Using your university library's subscription to Lexis-Nexis, EBSCO, or a similar database, identify and discuss three key strategies that Volkswagen is using.
Organisms in the domains bacteria and archaea : Discuss the similarities and differences between organisms in the domains Bacteria and Archaea.
Create a message that includes your activity or activities : Create a message that includes your activity or activities, making sure to include descriptions of the procedure for how the activity will be implemented.

Reviews

Write a Review

Financial Management Questions & Answers

  What will be darkhawk bonds price in year

DarkHawk Co. issued $1000 face bonds with a 6% annual coupon in 2010. The bonds mature in 2030. Exactly 5 years later a company financially similar to DarkHawk, is preparing to issue 20 year $1000 face bonds with a 7% annual coupon. What will be Dark..

  What is current price of the bond

Even though most corporate bonds in the United States make coupon payments semiannually, what is the current price of the bond?

  Calculate the required rate of return on pizza hots stock

The stock of Pizza Hot, Inc., a Mexican pizza chain, has an estimated beta of 1.5. Calculate the required rate of return on Pizza Hot's stock if the SML is estimated as given.

  What is the dividends per share figure

Papa Roach Exterminators, Inc., has sales of $699,000, costs of $295,000, depreciation expense of $37,000, interest expense of $29,000, and a tax rate of 30 percent. The firm paid out $114,000 in cash dividends, and has 35,000 shares of common stock ..

  What should the rate of return on its stock been this month

The monthly rate of return on T-bills is 0.1%. what should the rate of return on its stock been this month?

  What is the equivalent annual cost of this equipment

Bridgton Golf Academy is evaluating new golf practice equipment. The "Dimple-Max" equipment costs $99,000, has a 5 year life, and costs $9,100 per year to operate. The relevant discount rate is 12 percent. Assume that the straight-line depreciation m..

  What is the most effective as well as the most expensive

Why have building codes that require rehabilitation of existing potentially hazardous structures rarely been implemented?

  Calculate the average cash flow from the mine

A silver mine can yield 16,000 ounces of silver at a variable cost of $34 per ounce. The fixed costs of operating the mine are $56,000 per year. In half the years, silver can be sold for $50 per ounce; in the other years, silver can be sold for only ..

  Determine the cost of the cash discounts to warren

Warren Motor Company sells $30 million of its products to wholesalers on terms of "net 30." Currently, the firm's average collection period is 48 days. In an effort to speed up the collection of receivables, Warren is considering offering a cash disc..

  Watch frontline can you afford to retire

Watch Frontline's Can You Afford to Retire (approx. 1 hour) and submit 2 page summary of video and how it relates to your life.

  Compute the weighted-average cost of capital for firm

Compute the weighted-average cost of capital for a firm with the following sources of funds and corresponding required rates of return: $5 million common stock at 16%, $500,000 preferred stock at 10%, and $3 million debt at 9%. All amounts are listed..

  What are the project annual cash flows

You must evaluate a proposal to buy a new milling machine. The base price is $101,000, and shipping and installation costs would add another $8,000. The machine falls into the MACRS 3-year class, and it would be sold after 3 years for $35,350. What a..

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