Which of the following is not one of the four components of the business process

Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins from Judy's home e

MrRissso [65]

Answer:

$1,440

Explanation:

Judy is not a dependent relative of Kaelyn, therefore the expenditures are qualified up to $6,000 (for two qualifying persons).

Thus the applicable percentage is 24%.

($6,000×24%)

=$1,440 allowable credit

Therefore the amount of Kaelyn's child and dependent care credit if her AGI for the year was $36,600 will be $1,440

4 0

3 years ago

John has an auto which is covered for collision losses subject to a $250 deductible. Kate's auto also has collision coverage but

DerKrebs [107]

Answer: D. Kate's policy will pay $1,500, and John's policy will pay $250.

Explanation:

The deductible is the amount that a policy holder has to pay before the insurance company pays the remaining amount.

From the question, we are informed that John has an auto which is covered for collision losses subject to a $250 deductible while Kate's auto also has collision coverage but her deductible is $500.

If a $2,000 collision loss occurs when John borrows Kate's car because his car is in the shop for repairs, since John has a deductible of $500, Kates policy will pay ($2000 - $500) = $1500 and John's policy will pay $250.

3 0

3 years ago

Believing in your capabilities and demonstrating<br> confidence in the tasks that you perform

Montano1993 [528]

Helps to boost outs comes and productivity.

3 0

2 years ago

A contract provides that if a dispute arises the parties will submit to arbitration. One party files a suit against the other pa

MrRissso [65]

Answer: Submit it to arbitration.

Explanation:

The court will submit the case to arbitration making the lawsuit pending till the outcome of arbitration.

3 0

3 years ago

Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles,

Vlad [161]

Answer:

Value of the Treasury note is $800,178.78

Explanation:

The price of bond can be calculated by discounting all the future cash flows associated with that bond

We will use the following formula to calculate the value of the Treasury note.

Value of Treasury note = C x ( 1 - ( 1 + r )^-n / r ) + ( F / ( 1 + r )^n )

Where

From the given statement in the question, it is concluded that the coupon payment is made twice a year.

F = Face Value = $1,000 ,000

C = Coupon Payment = $1,000,000 x 3% x 6/12 = $15,000

n = number of periods = 3 years x 12 / 6 = 6 peiods

r = Yield to maturity = 11% x 6/12 = 5.5%

Placing values in the formula

Value of Treasury note = $15,000 x ( 1 - ( 1 + 5.5% )^-6 / 5.5% ) + ( $1,000 / ( 1 + 5.5% )^6 )

Value of Treasury note = $74,932.95 + $725,245.83

Value of Treasury note = $800,178.78

4 0

3 years ago