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tresset_1 [31]
3 years ago
6

Durell and Earline are married, file a joint return, and their two children, ages 5 years and 6 months, qualify as dependents. A

lso, Earline's 18-year-old son from a previous marriage and not a full-time student, qualifies as a dependent. Durell and Earline's combined AGI is $68,000 Which children are "qualifying children" for the purposes of the child tax credit? Durell and Earline's child tax credit is____________.
Business
2 answers:
MrRissso [65]3 years ago
7 0

Answer:

Durell and Earlines child tax credit is  $2000

They cannot claim for Earline's son because his age is more than 17 years.

Explanation:

The child tax credit limit is 1000 for each dependant child.  

To qualify for the purposes of tax credit, a child means a child who is 17 years of age or less and who has stayed with the parents for more than 6 months. This also applies to a child who is born in that year and technically havent stayed with the parents for 6 months.

For a married couple filing a joint return the threshold limit for AGI is 110000

So, in the above problem Durell and Earline are married and their AGI Is 68000 which is well below the threshold limit.

Also, the two children eligble for tax credit are the two young ones

So, Durell and Eralines tax credit will be $1000 for each child that is $2000

Durell and Earlines child tax credit is  $2000

They cannot claim for Earline's son because his age is more than 17 years.

Delvig [45]3 years ago
5 0

Answer:

$2000

Explanation:

1000x2=2000 child tax credit

AGI is lower then 110,000 for joint filling.

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Manila Water, the provider of the water and sewerage services in the capital of the Philippines has purchased the government-own
NeX [460]

Answer:

Letter D is correct. <u>Planning. </u>

Explanation:

In this question, Manila Water has already defined its main objective with the purchase of the government's water and sewage system for the entire country. The goal is <em>"to make the country's water and sewage system work as efficiently and profitably as the one operating in Manila"</em>

Therefore, with the objectives and goals defined, it is necessary to plan the actions that will assist in achieving these objectives.

Therefore, it is ideal for Manila Water to carry out a strategic planning of which methods and procedures will best guide the achievement of the expected results.

Planning is essential in any project or business, because it is possible to carry out a realistic diagnosis to prevent possible threats and know how to take advantage of opportunities and improvements in the implementation of the actions necessary to achieve the objectives. Through planning it is possible to organize activities, improve the understanding of the project, define goals, vision and values ​​and all the essential steps for the expected results to be achieved.

5 0
3 years ago
The table below shows the weekly demand for hamburger in a market where there are just three buyers. price buyer 1 qd 1 buyer 2
iren [92.7K]

Answer:

The answer is: 17

Explanation:

Demand is defined as the goods individuals are willing to purchase at the prevailing market prices. The demand curve expresses the relationship between the quantity demanded of goods at given market prices while holding all other factors constant. The given information expressed in tabular form is as follows:

Price             Buyer1Qd    Buyer2Qd     Buyer3Qd     Market Demand

$6                  7                   4                   6                       17

$5                  9                   7                   8                       24

$4                  15                  10                 12                      37

$3                  21                  15                 16                      52

In order to calculate total market demand, individual demand at the given prices are added horizontally, that is at a price of $6, total demand is 17, at $5 the total demand is 24 and so on. The higher the price the lower the quantity demanded and so on. The quantity demanded of a good and its price are inversely related.  

3 0
3 years ago
A taxicab was involved in a fatal hit-and-run accident at night. two cab companies, the green and the blue, operate in the city.
Molodets [167]
A=  Accident caused by blue cab    B= witnesses told the cab was blue.It is easy and straightforward to have probability of P(A)= 15% and P(B/A) is 85%. Following the law of total probability.<span><span><span>P(D)</span><span>=P(D|H)P(H)+P(D|<span>¯H</span>)P(<span>¯H</span>)</span></span><span> <span>=0.8⋅0.15+0.2⋅0.85=0.29</span></span></span>Therefore I get <span>P(H|D)=41%</span>. Thus, even if the witness said that the cab involved in the accident was Blue, the probability of this being true is only <span>41%</span>.

7 0
3 years ago
Marigold Corp. had 1,000,000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018 an additional 1
neonofarm [45]

Answer:

1,573,000 shares

Explanation:

The computation of the shares computing diluted earnings per share for 2018 is shown below:

= 1,000,000 shares × 6 months ÷ 12 months + 2,000,000 shares × 6 months ÷ 12 months + [($28 - $21) ÷ 28 ] × 292,000 shares

= 500,000 shares + 1,000,000 shares + 73,000 shares

= 1,573,000 shares

The 2,000,000 shares is come from

= 1,000,000 shares + 1,000,000 shares

= 2,000,000 shares

4 0
3 years ago
Read the following paragraphs about four films and then identify the purpose of each paragraph: to summarize, to analyze, to syn
Aleonysh [2.5K]

Answer: 1. To Evaluate

2. To Summarize

3. To Synthesize

4. To Analyze

Explanation:

1. <em>When evaluating a work the main goal is to determine its worth and this is usually done based on previous perceptions as well as set standards.</em> The person is statement 1 gives their opinion of the movie basing it off of the director being too ambitious. They give the film a low value because people were sleeping through it and then offer their opinion that the book should be read and the movie avoided.

2. <em>When summarising the main purpose is to convert the large amount of information available to a smaller and more concise format from which the main idea of the work can be discovered immediately. </em>The owner of the second statement made you as the reader know what happened in the film in not too many words so you get the main idea.

3. <em>When works are synthesized, the author makes note of different things and then brings them together to form something entirely new. </em>The author of this statement notes how the various elements were used to entice the viewer such as the music, the actions of the actors, and the tight camera angles. These are things were not central to the movie but the author made note of them and created a whole new narrative of why the movie was so successful.

4. <em>When analyzing, the work is broken down into its composite parts to see how and if the parts go together</em>. The author of the statement breaks the film down into a composite part which was when the prisoners helped the guards in shutting down the riots. The author then proceeded to explain how this part is not logical and then related this to the entire movie showing that the author also dissected other parts of the film and saw similar behavior.

5 0
3 years ago
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