Questions from Personal Finance


Q: Briefly define the five filing categories available to taxpayers. When might

Briefly define the five filing categories available to taxpayers. When might married taxpayers choose to file separately?

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Q: Tyler and Sherry Hughes, both graduate students, moved into an

Tyler and Sherry Hughes, both graduate students, moved into an apartment near the university. Sherry wants to buy renter’s insurance, but Fred thinks that they don’t need it because their furniture is...

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Q: Marc Rose has a PAP with coverage of $25,000

Marc Rose has a PAP with coverage of $25,000/$50,000 for bodily injury liability, $25,000 for property damage liability, $5,000 for medical payments, and a $500 deductible for collision insurance. How...

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Q: Jose Ruiz is a single 40-year-old loan officer

Jose Ruiz is a single 40-year-old loan officer at large regional bank; he has a 16-year-old son. He has decided to use his annual bonus as a down payment on a new car. One Saturday afternoon in late S...

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Q: Use Worksheet 11.1 Alison Conroy is a young career woman

Use Worksheet 11.1 Alison Conroy is a young career woman who’s now employed as the managing editor of a well-known business journal. Although she thoroughly enjoys her job and the pe...

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Q: Why do you suppose that large, well-known companies such

Why do you suppose that large, well-known companies such as Apple, Starbucks, and Facebook prefer to have their shares traded on the NASDAQ rather than on one of the major listed exchanges, such as th...

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Q: Using the S&P report in Exhibit 11.6,

Using the S&P report in Exhibit 11.6, find the following information for Apple. a. What was the amount of revenues (i.e., sales) generated by the company in 2014? b. What were the latest annual divide...

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Q: Use Worksheet 11.2 to help Clayton and Julie Grover,

Use Worksheet 11.2 to help Clayton and Julie Grover, a married couple in their early 40s, evaluate their securities portfolio, which includes these holdings. a. IBM. (NYSE; symbol IBM): 100 shares bou...

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Q: Assume that the following quote for The Walt Disney Company, a

Assume that the following quote for The Walt Disney Company, a NYSE stock, appeared on May 1, 2015 (Friday) on Yahoo! Finance (http://finance.yahoo.com/q?s=DIS&ql=1): Given this information, answer th...

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Q: Listed below are three pairs of stocks. Look at each pair

Listed below are three pairs of stocks. Look at each pair and select the security you’d like to own, given that you want to select the one that’s worth more money. Then, after making all three of your...

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