#45 — LO.6 Scott and Laura are married and will file a joint tax return. Scott has a sole proprietorship (not a “specified services” business) that generates qualified business income of $300,000. The proprietorship pays W–2 wages of $40,000 and holds property with an unadjusted basis of $10,000. Laura is employed by a local school district. Their taxable income before the QBI deduction is $386,600 (this is also their modified taxable income).
a. Determine Scott and Laura’s QBI deduction, taxable income, and tax liability for 2020.
b. After providing you with the original information in the problem, Scott finds out that he will be receiving a $6,000 bonus in December 2020 (increasing their taxable income before the QBI deduction by this amount). Redetermine Scott and Laura’s QBI deduction, taxable income, and tax liability for 2020.
c. What is the marginal tax rate on Scott’s bonus?
In: Accounting
Refer to the CDI data set in Appendix C.2.
a. For each geographic region, regress the number of serious crimes
in a CDI (Y) against
population density (X" total population divided by land area), per
capita personal income
(X2 ), and percent high school graduates (X3 ). Use first-order
regression model (6.5) with
three predictor variables. State the estimated regression
functions.
b. Are the estimated regression functions similar for the four
regions? Discuss.
c. Calculate MSE and R2 for each region. Are these measures similar
for the four regions?
Discuss.
d. Obtain the residuals for each fitted model and prepare a box
plot of the residuals for each
fitted modeL Interpret your plots and state your findings.
I Can do it by my self but Can you explain how what is meaning (b),
(c) and (d)
Just write explantions
In: Statistics and Probability
*1. The national norm for third graders on a standardized test of reading achievement is a mean score of 27 σ 4 . Rachel determines the mean score on this test for a random sample of third graders from her school district. (a) Phrase a question about her population mean that could be answered by testing a hypothesis. (b) Phrase a question for which an estimation approach would be appropriate.
Needing problem 2 answered, but question 1 goes along with the problem.
*2. The results for Rachel’s sample in Problem 1 is X=33.10 (n=36). (a) Calculate σX . (b) Construct the 95% confidence interval for her population mean score. (c) Construct the 99% confidence interval for her population mean score. (d) What generalization is illustrated by a comparison of your answers to Problems 2b and 2c? Explain in precise terms the meaning of the interval you calculated in Problem 2b.
In: Math
Enter into the debate yourselves by providing your own opinion on whether or not correct grammar is always necessary. Consider the following questions as you construct your post: Do you feel that grammar is a reflection of intelligence? Could "bad" grammar possibly be a reflection of something else? (Discuss one of the intersecting privileges that Fabello argues reinforces our concept of "correct" grammar.) How do you feel when you notice improper grammar when someone is speaking and/or writing? Conversely, how do you feel when someone corrects your grammar? Are you appreciative, annoyed, etc? Do you feel that we should always practice good grammar, or do you believe that grammar is conditional and should only be heeded in certain scenarios? In other words, is it permissible to use "improper" grammar with friends or family and not permissible to use in school, on the job, etc?
In: Psychology
“A healthy outside starts from the inside.”~ Robert Urich PHYSICAL HEALTH AND SAFETY supports children's overall education and growth. Young children learn best when they have healthy minds and bodies. You can promote children's physical health and development by planning activities that involve fine and gross motor development and by teaching children good nutrition and hygiene. Answer the following about movie in a Word document and submit in the assignment section: What was the most shocking statistic from the movie for you? What did you think about the “healthy lunches and snacks” program in the public school? Do you agree or disagree with the results? Identify 3 changes that have been made in fast food today? What personal responsibility do we have as parents and caregivers in regards to proper nutrition for young children?
In: Psychology
onsider the roles of internal and external stakeholders and consider one of the following projects: A municipal airport is considering letting larger planes land at its facilities. This will bring added tourism but also more noise and pollution. A paper factory is expanding its production at one plant. This will provide local high paying jobs but also create more traffic and potential pollution. A school wants to consolidate classes to save on teachers’ wages. This will save local taxpayers money but may lead to classroom overcrowding. Identify the possible internal and external stakeholders who could be partners for the project. Propose two committees, which would be part of a strategic management process, to address the opportunities and costs of the project. Articulate how you would integrate the external stakeholders into the strategic management process and how you would keep stakeholders informed. Based on your analysis, propose an optimal solution?
In: Accounting
The state department of health (DOH) is considering implementing several performance measures. In a meeting with the central budget office, DOH officials are discussing their options and seeking advice on which measures to include. Identify the type of measure each statement represents and indicate whether you would recommend it be implemented or not, and why.
A) Number of measles-mumps-rebella (MMR) shots givn to 2-year-olds
B) Percentage of 2-year-olds who are up-to-date on MMR vaccinations
C) Number of smoking-cessation classes provided
D) Number of teens attending smoking-cessation classes
E) Number of workshop materials copied for the classes
F) Percentage of high school students who smoke two cigarettes or more per week
G) Percent of state population diagnosed with lung cancer
H) Percent of class attendees who indicated satisfation with the smoking-cessation class
In: Operations Management
As simple as possible. Please
In C++ Computers are playing an increasing role
in education.
Write a program that will help an elementary school student learn
multiplication. Use rand() to
produce two positive single digit integers. It should then display
a question in the following format
(assume 6 and 7 are randomly generated):
How much is 6 * 7?
The student then types the answer. Your program checks the
student’s answer. If it is correct, print
“Very good!” If the answer is wrong, print “No. Please try again.”
and then let the student
try the same question again repeatedly until the student finally
gets it right. If the number of
incorrect exceeds five, the program should leave the question,
display “Let’s try another
one!” and ask a different question. After every answer, the program
should ask whether the user
wants to continue the program and based on the response, the
program should be continued or
terminated.
In: Computer Science
Mr Ahuja have always been interested in whether or not where a student sits is related to the students overall grades in school. Below is a table that divides students into 3 seating areas: Front, Middle, and Back with their given GPAS.
Front Middle Back
3.062 2.859 2.583
3.894 2.639 2.653
2.966 3.634 3.09
3.575 3.564 3.06
4 2.115 2.463
2.69 3.08 2.598
3.523 2.937 2.879
3.332 3.091 2.926
3.885 2.655 3.221
3.559 2.526 2.646
Calculate a One-Way ANOVA table (using EXCEL) for the data above. Complete the following: At α = .05, test to see if there is a significant difference among the average GPA of all the students based on three areas of seating. Use both the critical and p-value approaches. Include hypotheses, critical values, results, and conclusions in the language of the problem.
In: Math
Wonder World Ltd. operates amusement parks similar to those such as Six Flags, Universal Studios, Disneyland etc. Wonder World's mission is to provide high quality family entertainment that exceed guests' expectations and will create lifelong memories. To achieve this goal, Wonder World strives to provide safe, clean, friendly family environments at reasonable prices. In addition to the amusement parks, the company operates a community outreach program. Through volunteerism, it offers educational and recreational programs (e.g. after school programs for children and teenagers, employment related training for adults) and special events at its facilities.
Wonder World's president, Applie Baker, has asked you to lead a team of employees in developing a balanced scorecard for its parks.
Required: 1) For each balanced scorecard perspective identify two measures of performance that relate to Wonder Worlds' key success factors.
In: Accounting