Lyndon, age 24, has a nonworking spouse and earns wages of $36,000 for 2015. he also received rental income of $5,000 and dividend income of $900 for the year. what is the maximum amount lyndon can deduct for contributions to his and his wife's individual retirement accounts for the 2015 tax year? you may assume that neither taxpayer is an active participant in another qualified retirement plan.

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm

Retail industry fundamentals credential exam,part 1 all answers