A parcel of vacant land measuring 110 yards by 220 yards would contain how many acres:

Using the federal income tax formula, which statement below is true?

A) Taxable income equals adjusted gross income minus credits. B) Gross income items equal adjusted gross income minus personal exemptions. C) Adjusted gross income equals gross income items plus or minus adjustments to gross income. D) Adjusted gross income equals gross income items minus personal exemption deductions.

Annika bought euro denominated bonds when the exchange rate was .909 euro to the dollar. She paid $11,881 for the bonds

At the end of the year, the bonds were worth 10,600 euro; she received 400 euro in interest and the exchange rate was .921 euro to the dollar. What was her holding period return in U.S. dollars? A) -0.74% B) 1.85% C) 0.53% D) 5.30%