Lucky Louie earned $100,000 salary this year, had total itemized deductions of $10,000, one personal exemption equal to $4,000 and interest income of $3,000
Louie, was not so lucky in the stock market however and had capital losses of $8,000. What was Lucky Louie's taxable income?
A) $86,000
B) $81,000
C) $89,000
D) $90,000
Answer: A
You might also like to view...
Day of week is an evaluation that is most related to these categories of business
A) fast food, utilities, long-distance telephone service B) retail shopping, movies C) ice cream, soft drinks and cold remedies D) durable goods' replacement cycles
The vice president of marketing of a software development company periodically develops a(n) ________, which includes marketing research data on the target market, marketing objectives such as "to increase new customers by 20 percent," and a lis
who will be responsible for implementation. A) marketing plan B) marketing mix C) pricing strategy D) action plan E) strategic plan
Which of the following is the term for resellers, brokers, and facilitators that improve the effectiveness of a marketing channel?
A) third-party logistics providers B) channel leaders C) channel intermediaries D) logistics managers E) consignees
The process of breaking down product family requirements into individual end items is called ______.
a. disaggregating b. aggregating c. netting d. explosion of BOM