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zubka84 [21]
1 year ago
9

Brenda and John are married file a joint return and have a son being age 5 they live with Brenda's mother the entire year Brenda

is 32 years old she earned 15,000 for the tax year and her mother earned $28,000 John earned 25,000 which of the following statements is correct
Business
1 answer:
arlik [135]1 year ago
4 0

The following statements is correct a) Brenda and John would claim Ben as a qualifying child unless they both choose not to claim their son as a qualifying child.

<h3>What is a qualifying child?</h3>

A Qualifying Child is a child who satisfies the IRS requirements to be your dependent for tax objectives. Though it does not have to be your youth, the Qualifying Youth must be related to you. If someone is your Qualifying Child, then you can proclaim them as a dependent on your tax retrieval.

<h3>What age qualifies as qualifying child?</h3>

To meet the qualifying child test, your child must be more youthful than you and either younger than 19 years old or be a "learner" younger than 24 years old as of the end of the calendar year. There's no age limit if your child is "always and totally disabled" or meets the qualifying comparative test.

To learn more about Qualifying child, refer

brainly.com/question/14328499

#SPJ9

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How does McDonald's organize its marketing department
valentinak56 [21]
The way  McDonald's organize its marketing department is by <span>organizes its marketing team to align with its  Customer segments.
As the result of this, McDonald managed to came up with several products that target separate customer segments. They had the normal Junkfood menus, Healthy menu such as salad and chicken breast to target health enthusiast, and kids meal</span>
5 0
3 years ago
For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for
Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance  

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

8 0
2 years ago
Amila is examining the monthly returns of various stocks. she would like to compare the underlying distributions of the stocks v
Masteriza [31]

An alternative plot for Amila to use is to use a graph to depict the data.

<h3>How to illustrate the information?</h3>

From the information, she is worried that it is difficult to compare the distributions of two stocks that are not next to each other on the plot.

Therefore, a graph can be used to better illustrate the information.

Learn more about graph on:

brainly.com/question/19040584

#SPJ1

8 0
2 years ago
Richard, age 50, is employed as an actuary. For calendar year 2019, he had AGI of $130,000 and paid the following medical expens
Black_prince [1.1K]

Answer:

c. $10,340

Explanation:

For year 2018, the deduction for medical expense is amount of qualified medical expense that exceeds 7.5% of AGI.

Expenditure Richard can deduct as medical expense = $5300 + $7900 + $5100 + $830 + $960 - 7.5% * $130000

= $10,340

As such option c is correct and other options a, b, d and e are incorrect.

5 0
3 years ago
You are considering two bonds. Bond A has a 9% annual coupon while Bond B has a 6% annual coupon. Both bonds have a 7% yield to
Yuri [45]

Answer:

c. The price of Bond A will decrease over time, but the price of Bond B will increase over time

Explanation:

Bond A has a higher coupon rate than market thus, investor will accept to purchase the bond for a higher price until the YTM of this bond equals the market rate

Bond B is the opposite, is paying lower thus, will we purchase for less.

As times passes both will get their market value closer to the face value of the bond because, at maturity the bond will pay 1,000.

Making Bond A lower his price while B increases.

4 0
3 years ago
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