Jack and Jill Hill had the following items of income in 2021. Jack is 63 and Jill is 65. They purchased a 15-year annuity for $46,000. Starting in March, they will receive $375 per month.

Interest on savings account $850
Interest on municipal bonds $625

Jill: Social Security payments $6,000
Wages from ABC Corp. $12,000
Taxable pension $10,000

Jack: Wages from ABC Corp. $30,000
Sick pay due to illness paid by insurance company
(premiums paid by ABC ) $2,000
Cash allowance to pay for meals during work hours $400
Payments by ABC to his qualified pension plan $1,000
Group-term life insurance paid by ABC on insurance
coverage 0f $60,000 $225

On January 1, 2021, Jack invested in two series HH bonds. Bond No. 1 was issued in the name of Peter and his son as co-owners. Bond No. 2 was issued in the name of Jack's son, although Jack was named as the sole beneficiary. In 2021, Bonds No. 1 and No. 2 paid interest of $2,000 and $1,000, respectively. (What is the amount of interest income to be reported by Jack and by his son for 20X1?) The son is not a dependent.

1. Compute their taxable income.

2. Compute their tax liability

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum. should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%