The value in 4 years of receiving $7,000 each year, with a 9% interest rate, is $32,694.67.
To calculate the value of receiving $7,000 each year for 4 years, we can use the formula for calculating the future value of an ordinary annuity. The formula is as follows:
\(Future Value = Payment * [(1 + Interest Rate)^{Number of Periods - 1] / Interest Rate\)
Given:
Payment = $7,000
Number of Periods = 4
Interest Rate = 9%
Plugging in the values into the formula:
Future Value =\($7,000 * [(1 + 0.09)^4 - 1] / 0.09\)
Future Value = \($7,000 *(1.09^4 - 1) / 0.09\)
Future Value =\($7,000 * (1.4191 - 1) / 0.09\)
Future Value = $7,000 × 0.4191 / 0.09
Future Value = $32,694.67
Therefore, the value in 4 years of receiving $7,000 each year, with an interest rate of 9%, is $32,694.67.
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Bambi is buying a property on an installment sales contract. Due to her financial interest in the property, she retains equitable title. What does the seller retain
Answer:
Legal title
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement and this is generally referred to as mutual assent
In this scenario, Bambi purchased a property using an installment sales contract.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
Hence, Bambi would retain an equitable title from the purchase of the property due to her financial interest in this property while the owner of the property (seller) retains a legal title.
A contract is defined as an agreement that defines and binds the personally legally. It may involve the exchange of goods and services.
Since he is buying a property on an installment of the sales contract which due to her financial insurers in the property remain entitled is know as the legal title. It represents the actual ownership of the proper and is visible by the public records.Learn more about the due to her financial interest in the property
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years will be to the
On a timeline, a goal that will be achieved in
right of one that will be achieved in
years.
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
This question is a bit disorganized and incomplete; here is the complete and organized question:
On a timeline, a goal that will be achieved in _____ years will be to the right of one that will be achieved in _____ years
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12
The correct answer is A. 16; 12
Explanation:
The purpose of a timeline is to represent a set of events during time by placing these on chronological order from left to right. This means in the case of goals, these will be organized from the goal that is closest in the future to the one that will take the most time. For example, if one of the goals is to buy a house in 10 years, this should be placed to the right of goals such as getting a degree in 2 years or buying a car in 3 years. Thus, a goal that takes 16 years should be placed to the right of a goal that takes 12 years in a timeline.
Answer: 14;10
Explanation:
A p e x
It is estimated that over twenty million pounds of candy corn are sold in the US each year. Brach's,
the top manufacturer, sells enough candy corn to circle the earth 4.25 times if each piece were laid end to end. That's a lot of candy corn, but that's nothing compared to Tootsie Roll production. Over 64 million Tootsie Rolls are produced every day! But even Tootsie Rolls have got nothing on the candy industry's staple product...chocolate! Confectioners manufacture over twenty billion pounds of chocolate in the United States each year. Now that's a mouthful!
The main idea of this paragraph is...
a) Candy corn, Tootsie Rolls and chocolate have a combined length that could circle the world.
b) Candy corn, Tootsie Rolls and chocolate are made by Brach's
c) Candy corn, Tootsie Rolls and chocolate are liked by some Americans.
d) Candy corn, Tootsie Rolls and chocolate are produced in large amounts in the US.
The main idea of this paragraph is that candy corn, Tootsie Rolls, and chocolate are produced in large amounts in the United States. Therefore, option D, "Candy corn, Tootsie Rolls, and chocolate are produced in large amounts in the US," is the correct answer.
The paragraph provides statistics on the production of these popular confectionery items, highlighting the significant amounts that are manufactured and sold each year. It notes that Brach's is the top manufacturer of candy corn and produces enough to circle the earth multiple times, while over 64 million Tootsie Rolls are produced daily. Additionally, the paragraph states that over twenty billion pounds of chocolate are manufactured in the US annually. The information presented in the paragraph emphasizes the scale of production in the US candy industry and the popularity of these sweets among consumers.
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Why is money management important? How would you rate your own money management?
Answer:
because it has money
Explanation:
Answer:
Money management is important because you should have a balance of bills to pay, and money you keep for fun. If you don't have this then you might have to pay to much money for bills, and you not having enough to pay them off.
Explanation:
Which person has the lowest taxable income
Person A:earns 50,000 per year with 5,000 deductions
Person B: earns 60,000 per year with 10,000 deductions
Person C : earns 90,000 per year with 30,000 deductions
Person D : earns 100,000 per year with 60,000 deductions
Taxable income refers to the amount of income remaining as a tax base for a period of time after all allowable deductions have been spent on total revenue. Person D has the lowest taxable income here.
What is Taxable Income?Income that is subject to taxation and is reflected in the accumulation of a particular benefit or benefit to the taxpayer in particular.
The income on which the Government imposes a tax is called as taxable income.
Here, Person D income is 100,000 and deductions are 60,000. so now, to calculate the taxable income, we have to deduct 60,000 from 100,000 that is 40,000 will be his taxable income.
Thus, Person D has the lowest taxable income.
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What are the conditions that would indicate to the management of a firm that they should switch from traditional costing to activity-based costing?
When the accuracy of the traditional costing system is not good then management takes up activity based costing.
Activity-based costing is a more precise approach of costing products and services, resulting in more accurate price decisions. It raises managers' knowledge of overheads and cost drivers, and it draws attention to costly and non-value-added processes, allowing them to be decreased or eliminated.
Traditional costing is best employed when a company's overhead is modest in comparison to the direct expenses of production.
Traditional costing techniques are less accurate than that of activity-based costing systems. This is because they provide a more precise analysis of the indirect expenditures. The ABC systems, on the other hand, are more difficult and expensive to deploy.
Therefore, the answer is inaccurate results lead to use of activity based costing method by the management.
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Is the calculation that should be used when calculating return on investment sra 231?
No, SRA 231 is not the calculation that should be used when calculating return on investment.
Return on investment (ROI) is a financial metric used to assess the profitability of an investment. It is calculated by dividing the gain or profit from an investment by the cost of the investment, and then expressing it as a percentage. The formula for ROI is:
ROI = (Gain from Investment / Cost of Investment) * 100
The SRA 231 is not a calculation related to ROI. It is likely that SRA 231 refers to something else, possibly a course code or a different calculation in a specific context. To calculate ROI accurately, you need to determine the gain or profit from the investment and the total cost of the investment. Make sure to use the correct formula and relevant values to calculate ROI effectively.
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Since the implementation of NAFTA in 1994, trade between Mexico, Canada, and the United States has ______.
Since the implementation of NAFTA in 1994, trade between Mexico, Canada, and the United States has grown exponentially. The North American Free Trade Agreement (NAFTA) is an agreement between the United States, Canada, and Mexico that went into effect on January 1, 1994.
It is a free trade agreement that allows goods to be traded between the three countries without tariffs. NAFTA has significantly increased trade between the three countries. Before NAFTA, trade between Mexico and the United States was just under $50 billion per year. Today, it is over $500 billion per year. Trade between Canada and the United States has also increased significantly since the implementation of NAFTA.
Before NAFTA, trade between Canada and the United States was just over $100 billion per year. Today, it is over $700 billion per year. Trade between Mexico and Canada has also grown since the implementation of NAFTA, though it is not as significant as the growth between the United States and the other two countries.
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On September 12, Vander Company sold merchandise in the amount of $6,000 to Jepson Company, with credit terms of 4/10, n/30. The cost of the items sold is $4,200. Vander uses the periodic inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is (are):
Answer and Explanation:
The journal entry is shown below:
Accounts receivables Dr $6,000
To Sales $6,000
(To record sales on account)
Here account receivable is debited as it increased the assets and credited the sales as it also increased the sales revenue
Therefore the above journal entry should be recorded
How can buisness decision affect the local community??
Answer:
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Local businesses pay local taxes, bolstering the city revenue available for improvements to roads, schools, and area green spaces. When shoppers spend their money locally, the taxes they pay benefit their community and better their own lives. Shopping online, for example, may not keep tax revenue local.
Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 9x – 2x², C(x) = x2 – 5x² + 4x + 1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.)
To find the maximum profit and the corresponding production level, we need to determine the quantity that maximizes the difference between revenue and cost. The profit function, P(x), can be expressed as P(x) = R(x) - C(x).
Given that R(x) = 9x - 2x^2 and C(x) = x^2 - 5x^2 + 4x + 1, we can substitute these equations into the profit functionTo find the maximum profit, we need to find the vertex of the quadratic function. The x-value of the vertex can be determined using the formula x = -b / (2a), where a = 4 and b = 5.Now, substituting this x-value back into the profit function, we can find the maximum profit:Performing the calculations, we can find the maximum profit.The production level for the maximum profit corresponds to the x-value of the vertex, which is approximately -5/8 (or 0.625 when rounded to the nearest thousand units). Therefore, the production level for the maximum profit is about 625 units.
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which phase in the business cycle is defined as the period of lowest economic activity?
The lowest point in economic activity is known as the trough period in the trade cycle.
Which definition of business is the best?An organization or entrepreneurial entity engaging in mercantile, industrial, or professional life is referred to as a business. Organizations can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietors, corporations, and partnerships are among the several forms of businesses. Businesses that are for revenue function to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
What characterizes a prosperous enterprise?The most prosperous organizations place a high priority on providing excellent customer service and a great client experience. Making goods and services that consumers desire is the first step. However, concentrating on your clients extends outside the products.
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Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?
This question is incomplete but will answer this based on what I guess you're asking.
Answer and Explanation:
Assume there are 10 employees for the small factory that makes shoes.
Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.
1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)
Total budget for non-salary employees= 5000 hrs×$10= $50000
Therefore Jose would need a $50000 budget given the variables above.
Your Assignment, Part III
As the final part of this assignment, you will apply your understanding of tort law to scenarios in which a business is the defendant (or defendant tort-feasor). For each scenario, describe the specific type of tort case being brought against the defendant. Then, explain what the defendant will need to prove in order to get a ruling in their favor. Finally, describe the penalty that may be assigned to the defendant if the court rules against them.
1. Mr. Shanks goes to Hyperion Hospital to have a diseased kidney removed. After the surgery, he finds that his symptoms come back and grow even worse. When he returns to the hospital to find out what is happening, the hospital staff discovers that the surgeon removed Mr. Shanks’ healthy kidney instead of the diseased one.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
2. Two energy drink companies, Red Hornet and Blackout, have been competing with each other for years. In Blackout’s latest ad campaign, they have Red Hornet’s cartoon mascot making disparaging comments about its own product. Blackout’s ad also includes false claims that Red Hornet uses ingredients grown using slave labor. After the ad campaign runs, Red Hornet notices a drop in its energy drink sales.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
3. Larissa works at Opalescent, a high-end jewelry store. A customer comes in on a very busy day and complains about how long it takes for anyone to assist him. Larissa apologies, but the customer continues to complain. The customer, a very large man, soon begins insulting her personally and threatening her with violence. Larissa hits him with pepper spray, incapacitating him.
a. What specific type of tort case against the business would this be? Explain.
b. What conditions does the plaintiff need to prove? What specific proof (if any) does the plaintiff have in this scenario? Organize this information into a table.
c. What penalty may the defendant expect (if any) as the outcome of this tort case, and why?
Please Help:)
Answer:
ok
Explanation:
The rule of law is important because it _______. In regard to governments, the rule of law _______.
BLANK 1:
protects citizens from crime and justice
helps reduce the number of Supreme Court cases
ensures that an innocent person is not accused of a crime
BLANK 2:
applies to them in only certain cases
applys to them equally
does not apply to them
which term refers to a giant specialty store with a very deep assortment of a particular product line?
Category killer refers to a large specialty retailer with an extensive selection of a specific product line.
What is extensive?
Something is extensive when it has a broad scope or is expansive. Your friend has a deep understanding of a band when he can list off every venue and performance date for any song by that band. When describing something that goes on forever, use the adjective extensive. It applies to anything that encompasses a large area, whether it be in terms of actual physical space (as in "the palace's gardens are extensive") or abstract knowledge (as in "her knowledge of a mortgage-backed securities market is extensive"). If you're a farmer, you might also use the word "extensive" to describe your ability to work a large area of land without putting in a lot of extra effort or manual labour.
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Answer:
category killer is the correct answer.
Explanation:
A firm is considering the purchase of a new machine at a price of \( \$ 270,000 \). The machine falls into the three-year MACRS class. If the new machine is acquired, the firm's investment in net work
The investment of a firm in net work if a new machine is acquired will be more than \($100,000\). This is because of the depreciation on the new machine and the tax savings that it generates.
Here's how to arrive at this conclusion:MACRS stands for Modified Accelerated Cost Recovery System. This is a tax depreciation system used by businesses to recover the cost of tangible assets over a specific period of time, typically 3-10 years.
The MACRS class for a new machine that falls under the three-year category is 33.33%, 44.45%, 14.81%, and 7.41% for years 1, 2, 3, and 4, respectively.The depreciation for the new machine in year 1 is:Year 1 depreciation = MACRS rate x Cost of the assetYear 1 depreciation \(= 33.33% x $270,000\)Year 1 depreciation = $90,000The depreciation for the new machine in year 2 is:
Year 2 depreciation = MACRS rate x Book value at the beginning of the yearYear 2 depreciation
= \(44.45% x ($270,000 - $90,000)\)
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A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.
Answer:
it'll be the currency rate
Businesses in the nation of Islandia have been accumulating cash because they have a pessimistic outlook of the national economy. Recent changes in the economic outlook of Islandia have caused business leaders to begin to invest some of their accumulated cash. Suppose that businesses in the country invest a total of $20 billion of this cash. (a) What would be the maximum expected change in GDP if Islandia's marginal propensity toconsume (MPC) is 0.75? (b) Suppose that the recent economic outlook in the country of Mountainia has been the opposite.Businesses have postponed planned investments and have begun to accumulate cash. Ifbusinesses in Mountainia postpone $10 billion of their planned investments, what would be themaximum expected change in GDP if its marginal propensity to save (MPS) is 0.25?
Answer:
Please see answer and explanation below.
Explanation:
A. Since MPC is 0.75, therefore MPS would be 0.25 (i.e 1-MPC, 1-0.75)
The multiplier will now be(1/MPS) 1/0.25=4
It therefore follows that if investment increases $20billion, aggregate demand will also increase by $80billion(i.e 20 × 4). This means $60billion in consumption and $20billion in investment.
B. Since MPS is 0.25, Multiplier would therefore be 1/0.25(1/MPS) = 4
It therefore follows that if $10billion planned investments is postponed, the aggregate demand would decrease by $40billion( i.e 10 × 4 )
Meaning that there would be $30billion in consumption and $10billion in investment.
you are responsible for collecting multiple reports across departments and synthesizing them into a final presentation for your boss to present at a company board meeting. the meeting is two days out, and department a still hasn't submitted its report despite multiple requests by you. how should you proceed?
I would proceed by making a visit to department A and insist that they complete the report within 24 hrs.
As I am responsible for collecting multiple reports across departments and synthesizing them into a final presentation, the report without including department A is unfair. The Boss can’t complete the presentation without the report or information from department A. It doesn’t matter whether the report from department A is vital to the presentation or not. It is my responsibility to collect the information and make a report for the boss to present at a company board meeting. Thus I will make a visit to department A and insist they complete the report within 24 hours, also I will send a mail to department A through the official channel mentioning the delay in submitting the report for a long time, also put a Carbon Copy of the mail to the boss just to get his attention on this serious issue. Then only there will be no mistake on my part.
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When a department has no idle capacity and will interrupt their current level of sales to regular customers, the lowest acceptable transfer price to supply product to another division is ______.
The lowest acceptable transfer price at which the product can be supplied to the regular customer, during no idle capacity, is the selling price of the product.
What is idle capacity?The idle capacity in terms of the manufacturing department can be understood as the remaining capacity held by the business over its regular production.
Thus, when a department has achieved its idle capacity due to which the current sales to the regular customer will hamper. In this case, the department cannot transfer or supply the product below its basic selling price.
Therefore, the selling price can be taken as the lowest acceptable transfer price.
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Me piden que observe diferentes medios de comunicacion para identificar el nombre y una referencia a un gerente
La respuesta correcta para esta pregunta abierta es la siguiente.
Si lo que te pidieron es observar diferentes medios de comunicación para identificar el nombre y una referencia a un gerente, te podemos compartir la siguiente información.
No nos especificas a qué país te refieres o el país donde tú vives, así que elegiremos televisoras internacionales.
Estas son Telemundo, Univisión. CNN en Español, Grupo Televisa, Grupo Imagen. y Grupo TV Azteca. Los directivos-gerentes de estas dos últimas son magnates de la comunicación, hombres de negocio millonarios con gran influencia a nivel Latinoamérica. Me refiero a Ricardo Salinas, de Grupo Salinas, dueño de TV Azteca, y Olegario Vázquez, dueño de Grupo Imagen.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.
Answer:
did you finish it cuase i got the same one
Explanation:
Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.
What do you mean by Negative publicity?When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.
Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.
In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.
Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.
Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.
Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.
Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.
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True/False? cutting costs and boosting productivity are strategies for achieving sustained competitive advantage.
The given statement "Reducing expenses and increasing efficiency are techniques used to gain lasting superiority in the market" is True because cutting costs and increasing productivity are strategies for achieving sustained competitive advantage. These strategies are beneficial to organizations because cost reduction helps reduce expenses, which increases profitability and improves overall efficiency.
Increasing productivity also helps to reduce costs and increase efficiency as it involves improving efficiency and effectiveness in the organization. Both strategies can help organizations gain a competitive advantage by improving how they operate, reducing costs and increasing productivity. In addition, these strategies can help organizations remain competitive in the long term as they can reduce costs and improve productivity over time, increasing their competitive advantage in the marketplace.
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If the grievance committee concludes potentially unethical conduct may have occurred:.
When the Grievance Committee suspects possibly unethical behavior, they hold an investigation to see if the Code's provisions have been broken. A code of ethics outlines the moral principles and best practices that an organization should adhere to in order to be honest, ethical, and professional. If an organization's members violate the code of ethics, there may be consequences, including firing.
The grievance committee main responsibility is to examine complaints that haven't been settled at the staff or administrative levels and, if necessary, to mediate disputes. Examples of this type of grievance include discipline, unethical conduct, categorization conflicts, benefit denial, and so on.
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What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
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Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
married and filing jointly. Their gross income is $212,000. How much do they owe in federal taxes?
Married and filing jointly. Their gross income is $212,000. They owe $8,471.68 in federal taxes
The IRS updates more than 40 tax rules each year to account for inflation. This is done to avoid "bracket creep," which occurs when individuals are forced into higher income tax brackets or experience diminished value from credits and deductions owing to inflation, instead of any rise in real income.
The Consumer Price Index (CPI) was once used by the IRS to determine inflation for the previous year.
The IRS will now use the Chained Consumer Price Index (C-CPI) to appropriately modify the income thresholds, deduction levels, and credit values as a result of the Tax Cuts and Jobs Act of 2017, which was passed in 2017.
Gross income = $212,000 Married and filing jointly
How much do they owe in federal taxes can be calculate as followsTaxable Income = Gross Income - Standard Deduction
Taxable Income = $212,000 - $24,800
Taxable Income = $187,200
Tax rate slab between [$160,726 to $204,100] is 32%
Amount owe in federal taxes = 32%[187,200 - 160,726]
Amount owe in federal taxes = $8,471.68
Your question is incomplete but the most probbaly your full question was
Alex and Tory are married and filing jointly. Their gross income is $212,000. How much do they owe in federal taxes?
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