Answer:
Child Tax Credit is given to taxpayers for each qualifying dependent child who is below 17 years old at the end of the tax year. The Child Tax Credit amount is $2000 per qualifying dependent. So here, Jennifer has two qualifying dependent child Sydney and Patrick who are under 17 before the end of the tax year. JoAnna does not qualifies for Child Tax Credit as her age is above 17 years for the tax year. So the total Child Tax Credit amount to Jennifer is $4000.
Option 4 is correct.
The restriction on the building to prevent sale to persons of a particular race means it is unenforcable but the sale can go through.
Restrictions like this are unconstitutional because it is promotes discrimination of some race.
- Also, it is also unconstitutional to enforce a racially restrictive covenant although the existence does not prevent the conveyance going through.
.
- Hence, the restriction on the building to prevent sale to persons of a particular race means it is unenforcable but the sale can go through
Therefore, the Option C is correct.
Missing options includes <em>"A. valid and enforceable B. unenforceable so the contract is void C. unenforcable but the sale can go through D. enforceable if the buyer agrees"</em>
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Answer:
If a company increases its final goods inventory level, that will increase the country's GDP even if the goods are not sold during the current period (they will be sold in future periods). Increases in inventory level are considered part of Investment component of the GDP.
If the inventories are not sold during the year (2018) and if they continue to be unsold during part of 2019, that will negatively affect the GDP because fewer goods will be purchased to replenish these inventories and the market price of the goods will also decrease. The market price of goods is determined by the supply and demand. If the supply is much higher than the demand and inventories start to pile up, their price will decrease in order to increase the quantity demanded. If the volume of the goods in inventory is significant enough, this should lower the inflation rate.
Answer: Buyer dependency
Explanation: Buyer dependency refers to the situation when the supplier of a commodity is heavily dependent on one or two buyers for operating effectively in the market. This situation is common to those organisations that do business to business sales operations.
In the given case, Zimway made a majority of sales to couture and the other buyers purchase from it in small quantities.
Hence, from the above we can conclude that this case illustrates Buyer dependency.
Answer:
Check the explanation
Explanation:
May June
Budgeted sales 10800 14400
(600*18) (800*18)
Less: cost of good sold 5970 7960
(9.95*600) (9.95*800)
Gross margin 4830 6440
Less: Operating expenses
Selling expenses (6%*Sales) 648 864
Fixed administrative expenses 1200 1200
Total operating expenses 1848 2064
Budgeted Net Operating Income 2982 4376
Unit product cost
Material $4
Direct labor (9*.3) 2.7
Variable manuafcturing overhead 1.25
Fixed overhead 2
Unit product cost $9.95