Jason and Jill are married and have a six-year-old daughter. During the year, they sell one acre of land for $80,000. Three years ago, they paid $70,000 for two acres of land. Their other income and deductions are as follows:
Jill's commissions $82,000
Jason's salary 46,000
Dividend income 5,000
Interest income 8,000
Short-term loss on sale of stock in Nippon Inc. 15,000
Deductions for adjusted gross income 28,000
The standard deduction is $12,600 for married taxpayers filing jointly. The personal and dependency exeption is $4,000. Dividends and net long-term capital gains are taxed at a rate of 15%.
Round intermediate calculations to the nearest dollar.
Jason and Jill's taxable income is $ . The tax on their eligible dividends and capital gains is $ and totalincome tax liability is $ for the current year.

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

Even sole proprietors should have at least how many computers? 1 2 3 4

When the united states buys more products than it sells from other countries what is created?