<span>The amount of Justin and Jenna's Earned Income Tax Credit which was reported in the payment section on page two of their return was $836. The Earned Income Credit, or EIC, is a tax credit that is refunded to low to moderate income earners who are working weather individual or couples. Generally, this is given to those who have children. The amount of the credit depends on the income and number of children.</span>
<span>If the form of a will is made orally, and written down by a witness, it is called </span>nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.
A private companies operating without government interference
Explanation:
Answer:
Bond Price = $945.2631228 rounded off to $945.26
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1000 * 0.0675 = $67.5
Total periods (n) = 30
r or YTM = 0.072 or 7.2%
The formula to calculate the price of the bonds today is attached.
Bond Price = 67.5 * [( 1 - (1+0.072)^-30) / 0.072] + 1000 / (1+0.072)^30
Bond Price = $945.2631228 rounded off to $945.26
Answer:
Break-even point (BEP)= 22,286 units
Explanation:
<em>Breakeven point (BEP) is the level of activity that equates the total cost to the total revenue. At the break-even point the business makes no profit and no loss.</em>
Break-even point = Total fixed cost for the period /( selling price - unit variable cost)
<em>Variable cost= 75</em>
<em>Selling price</em>= 1.70 times × 75 = $127.5
BEP = 1,170,000/(127.5-75)
= 22,285.71 units
BEP =22,286 units
