Bob katz and sally mander are a married couple with four children. total wages for 2013 equaled $96,400. stock which had been purchased nine months earlier was sold for a $2,000 gain and stock held for three years was sold for a $7,000 gain. interest income from savings was $100. itemized deductions totaled $23,500. bob and sally qualify for a $1,500 tax credit. what is bob's and sally's taxable income?

a. $60,900
b. $57,100
c. $51,600
d. $50,100

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.

Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.