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QveST [7]
3 years ago
11

Ashley is single and lives with Barney, her boyfriend, and Candy, his 8 year old daughter. Ashley paid all of the support for he

r household in 2018. Barney has earned income of $2,500 and had income tax withheld form his wages. He has no other income and is not required to file an income tax return. with one qualifying child, Barney may claim an earn income credit. Barney files an income tax return solely to obtain a refund of withheld income taxes and does not claim EIC. because Barney does not have a filing requirement and filed only to obtain a refund of withheld income taxes, Candy is not considered the qualifying child of Barney or any other taxpayer. Based on the information provided, can Ashley claim Candy as a dependent?a)Ashley may not claim Candy as her qualifying relative even if the other requirements are met.b) Ashley may claim Candy as her qualifying child provided all other requirements are metc) Ashley may claim Candy as her qualifying relative provided all other requirements are metd) Ashley may not claim Candy as her qualifying child even if other requirements are met.

Business
1 answer:
tankabanditka [31]3 years ago
5 0

Answer:

b) Ashley may claim Candy as her qualifying child provided all other requirements are met

Explanation:

Please see attachment

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That statement is true
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Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freez
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2 years ago
You are given the following information for Sookie's Cookies Co.: sales = $51,200; costs = $39,600; addition to retained earning
ipn [44]

Answer:

The depreciation expense for the company is $4615.

Explanation:

profit before depreciation and tax = (sales - cost) - interest expense

= ($51,200  - $39,600)  - $1,560  

= $10040

Addition to retained earnings = $2,320

dividends paid = $935

tax rate = 40 percent.

Addition to retained earnings = [(Profit before depreciation and tax - depreciation expense ) * (1- Tax)] - dividend paid

$2320 = [($10040 - depreciation expense)* (1 - 0.40)] - 935

$3255 = ($10040 - depreciation expense)* 0.60

$5425 = $10040 - depreciation expense

Depreciation expense = 10040 - 5425

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Therefore, The depreciation expense for the company is $4615.

5 0
3 years ago
Enrique is giving a presentation to convince his managers that offering yoga classes at work will improve productivity because i
Ilya [14]

Answer:

a) He will ask the audience to stand and do a simple yoga pose.

Explanation:

Base on the scenario been described in the question, we saw the Enrique is given a presentation to convince his managers that offering yoga classes at work will improve productivity because it will help employees clear their minds. The aspects of his presentation that shows he wants to include kinesthetic learners is , he asked the audience to stand up and do a simple yoga pose.

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3 0
3 years ago
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Narrow, specifically designated expenditures that are included in more comprehensive legislation are known as: A.earmarks.B. log
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Explanation:

A reserve is an arrangement in a discretionary spending bill which directs funds to a particular beneficiary while bypassing the distribution process of merit-based or competitive funds. American and South African public finances feature Earmarks.

The allocation process gave Congress the power to allocate discretionary funds for specific programs. The allocation process was a routine part of the federal government allocation process.

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3 years ago
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