Answer: $2,500
Explanation:
The American opportunity tax credit (AOTC) is a measure by the IRS that is a credit for QUALIFIED education expenses paid on Eligible students.
A maximum of $2,500 in credit can be acquired per eligible student.
To qualify for the full amount of this tax credit, your Modified Adjusted Gross Income (MAGI) must be $80,000 or less ($160,000 or less for married filing jointly).
The Shaws are married and file jointly with a MAGI of $148,000 which is less than the $160,000 limit which means that they are due for the entire credit amount of $2,500 as they pay education expenses for their ONE dependant child assuming Dante meets the various eligibility criteria.
The amount of the Shaws' American Opportunity credit for the year is $2,500.
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2 advantages a large company would have over a smaller company is, the large company would have more business then the smaller company. Another advantage is maybe their products.
Answer:
The forecast for September using exponential smoothing with alpha = 0.4 is 62.
Explanation:
Forecasting Formula
Forecasting the next point is determined using the forecasting formula is the basic equation
S(t+1)=αy(t)+(1−α)S(t), 0<α≤1,t>0.
α = alpha =0.4
New forecast S(t+1) is previous forecast S(t) plus an error adjustment. This can be written as:
S(t+1)=S(t)+αϵ(t),
where ϵ(t) is the forecast error (actual - forecast) for period t.
In other words, the new forecast is the old one plus an adjustment for the error that occurred in the last forecast.
New forecast for August S(t+1) = 0.4×60 + (1-0.4)×70
= 66
New forecast for September S(t+1) =0.4×56 + (1-0.4)×66
=62
Answer:
B. No. In normal times banks will not choose to pay more than the face value of a discount bond, since that implies negative yields to maturity.
Explanation:
There is no bank that would like to pay more for treasury bills or bonds. Banks are profit-maximizing organizations and as a result are always investing in profitable ventures and transactions and not in loss-making transactions as in this example. Banks would have preferred to buy the instruments for $5,900 or less so that they could earn some interest when the instrument is repaid with the face value of $6,000.
Answer:
Penetration strategy
Explanation:
Penetration strategy is an aggressive marketing concept that seeks to establish a sizeable market share for a new product. Marketers will offer a low price and carry out sales promotions to improve the attractiveness of the product. The objective of this strategy is to entice customers to buy the new product, thereby creating a market for it.
The penetration strategy will work if consumers are price sensitive. The new low price will attract sales. If the company raises the price later to make profits, demand may decrease. For this strategy to work, the product must be of high quality. Competitors may lower prices of their products in the medium term giving rise to price wars.
