Client-based relationships are least likely to be developed by
A. appliance repairmen.
B. accountants.
C. beauticians.
D. orthodontists.
E. psychiatrists.
Answer: A
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On the statement of cash flows, the cash flows from financing activities section would include
A) receipts from the sale of investments B) payments for the acquisition of investments C) receipts from a note receivable D) receipts from the issuance of capital stock
My father-in-law's retirement party, which was held at ________ and ________ house, was actually more enjoyable than I thought it would be
A) Cecil/Deborah B) Cecil/Deborahs' C) Cecil's/Deborah's D) Cecil/Deborah's
Consumers spend a great deal of time comparing specialty products to determine the one that best fits their needs.
Answer the following statement true (T) or false (F)
Alan and Sara Winthrop are a married couple who file a joint income tax return. They have two children, so they claim a total of 4 exemptions ($4,050 for each exemption). In addition, they have legitimate itemized deductions totaling $25,750. Their total income from wages is $213,900. Assume the following tax table is applicable: ? Married Couples Filing Joint Returns ? ? If Your Taxable Income Is You Pay This Amount on the Base of the Bracket Plus This Percentage on the Excess over the Base Average Tax Rate at Top of Bracket Up to $18,650 $0.0010.0%10.0%$18,650-$75,900 1,865.0015.0 13.8 $75,900-$153,100 10,452.5025.0 19.4 $153,100-$233,350 29,752.5028.0 22.4 $233,350-$416,700
52,222.5033.0 27.1 $416,700-$470,700 112,728.0035.0 28.0 Over $470,700 131,628.0039.6 39.6 ? What is their marginal tax rate? ? A. 33.0% B. 35.0% C. 10.0% D. 28.0% E. 15.0%