A US dollar bill’s serial number should be printed in the same ink color, size, and font as the Treasury Seal. It’s probably a fake if the serial number is altered or missing. Furthermore, the serial number on the bill’s front and back must match. The bill is definitely counterfei...
Marginal tax rate is the tax rate that applies to the portion of income that’s in your highest tax bracket. Think of it as the tax rate imposed on your last dollar of income. Knowing the difference between marginal and effective tax rates can help you understand what you’ll owe the IR...
000. You've already paid $1,500 for the MRI, so you need to pay $1,500 of the surgery bills to meet your deductible and have the coinsurance kick in. After that, your share is 20%—which, in this example, is $1,100. All in, your torn rotator cuff costs you...
Tax deductions and tax credits both save you money on your taxes, but they work in different ways. Tax credit:A tax credit gives you a dollar-for-dollar reduction on your tax bill. For example, if you owe $10,000 and you’re eligible for a $2,000 tax credit, that credit cuts your...
it has $3 of current assets for every dollar of current liabilities. Its quick ratio points to adequate liquidity even after excluding inventories, with $2 in assets that can be converted rapidly to cash for every dollar of current liabilities. However, financial leverage based on its solv...
The wordquidis an informal British slang term for apound. It is used in much the same way as the slang wordbuckis used in the US to refer to adollar. Likebuck,quidis used generally to refer to an amount of money rather than a tangible (or transferable) item of currency, so onepoun...
In Chicago, we'll have to change planes. Affect To imitate; copy "Spenser, in affecting the ancients, writ no language" (Ben Jonson). Change To give or receive the equivalent of (money) in lower denominations or in foreign currency This machine will change dollar bills into coins. At the...
The difference between a liquid and a gas is obvious under the conditions of temperature and pressure commonly found at the surface of the Earth. A liquid can be kept in an open container and fill it to the level of a free surface. A gas forms no free su
vanilla ice cream, and soon the overstuffed burrito was but a pleasant memory. I lay down under a shady tree and, after collecting several unsolicited donations of dollar bills and assorted change in my open lunch bag from passers-by, resolved to dress better and shave next time I came ...
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