Malcolm qualifies to use a 1040EZ form for his taxes. His total wages for the year were $19,800. He does not claim himself as a dependent because his parents claim him. What is his taxable income?


$19,800

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When using a story as part of speechmaking, you should tell us who the hero and ______ are.

a. heroine b. plot c. villain d. message

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Vern's Roofing Company and Weatherall Tiles, Inc., sign a written contract for a sale of goods. To be enforceable, this written contract must include

A. a correct title, such as "Purchase Order" or "Sales Invoice." B. a date, such "November 11, 2011" or "11/11/11." C. a quantity term, such as "50 pallets" or "100 cartloads." D. the parties' cell phone numbers or e-mail addresses.

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William Clark wants to know his breakeven point. His selling price is $20 per unit, his fixed costs are $6,000, and the variable costs per unit are $6. What is his breakeven quantity?

A. 430 units B. 428.6 units C. 300 units D. 425.6 units E. 50 units

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Premium on Bonds Payable is an adjunct liability account, as it increases the carrying value of the bond.

Answer the following statement true (T) or false (F)

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