Ron’s gross income is $50,000. he contributed $500 to charity. the mortgage interest on his first home is $3,000 and his medical expenses are $1,500. what is ron’s taxable income? ron’s total deduction is $and his taxable income is $.

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?