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Solnce55 [7]
2 years ago
14

Lolita and Larry are thinking about adding to their family next year. If Larry and Lolita do have a child, Lolita plans to be a

stay-at-home mom. Larry is concerned about what will happen to their tax situation when Lolita stops working. One issue, in particular, that Larry and Lolita would like to discuss with their financial planner is whether they should sell the United Motor Company stock this year or wait until next year. What is the best recommendation given their current and project income tax situation
Business
1 answer:
Diano4ka-milaya [45]2 years ago
7 0

Answer:

Check the explanation

Explanation:

Going by the question, the best recommendation is that they should sell the stock this year even as they are in the 25% marginal tax category since this will lead to a larger overall income tax savings than waiting and selling it at the point when they will be in a lower marginal income tax bracket.

By doing so, a better profit from the stock will be guaranteed.

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Which statement best describes a Schumer box?
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Answer:

The correct answer is letter "D": A standardized way of presenting the key terms of your credit card agreement.

Explanation:

Named after Senator Charles Schumer (born in 1950), the Schumer box is part of the disclosure information financial institutions must provide to debtors so they can be aware of what is the interest and fees subject to the use of credit cards. It is a box mostly present in credit card statements but must be included in any credit card solicitation.

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2 years ago
The board of directors for tundrapro, inc., is searching for a new ceo. the firm is in need of new direction after suffering sev
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3 years ago
Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
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Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0
3 years ago
A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We
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Answer:

Estimated as Elastic Demand

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Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

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2 years ago
True or false? Regulatory and basal transcription factors regulate transcription by binding to the promoter.? I cant find the an
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