Tony and lia, a married couple, come to you to prepare their federal joint individual income tax return. They have the following items of income: Interest Income from a Savings Account at the BMCC Bank: $5,000
Interest Income from the City of New York municipal bonds: $6,200
Dividends Income from the IBM Corporation: $4,000 (which is qualified).
Received from the Acme Mutual Fund: $3,000 in qualified dividends. $2,000 for capital gain income and $500 for a return of capital.
Dividends received from Foreign Mobile Communications, Inc. a foreign, non-US corporation: $1,000
The couple also has total salaries of $45,000
The couple does not have any children.
Jessica has pension income of $10,000 of which $4,000 is taxable income.
You calculate that Lenny and Jessica have $22,000 in itemized deductions.

16. Which items (with amounts) and how much in total would be reported on Schedule B, Part I, Interest for Lenny and Jessica. Show all work as to how you came to your answer.
17. Which items (with amounts) and how much in total would be reported on Schedule B, Part II, as Dividends for Lenny and Jessica. Show all work as to how you came to your answer.

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work