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Ainat [17]
3 years ago
5

Alex paid $600 to Rita, his ex-wife, for child support. Under the terms of the divorce decree, Alex claims the dependency exempt

ion for his five-year-old son, William, who lived with Rita for the entire year. Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax liability of $1,300 before the earned income credit. What is the amount of Alex's earned income credit?
Business
1 answer:
dsp733 years ago
7 0

Answer:

$0

Explanation:

Since Alex's child does not live with him for at least 6 months plus one day, he doesn't qualify for any income credit.

Alex himself cannot claim the earned income credit for an individual without a qualifying child because he is just 24 years old, and you must me at least 25 years old to qualify.

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Circular errors are caused by adding the cell name of an _________ cell formula?
Alenkinab [10]
The answer is an active cell. A circular reference occurs when a cell in an Excel<span> 2010 worksheet refers to itself.</span>
7 0
3 years ago
A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on a stock index to hedge its r
11111nata11111 [884]

Answer: 88.89 or 89

Explanation: Futures contract refers to a legal binding which obligates a buyer and seller to transact about a commodity, good, security or services at a predetermined price but goods are delivered or paid for in the future.

Given the following ;

Portfolio value(p) = $20million

Portfolio Beta (b) = 1.2

Index price (i) = 1080

Multiplier = 250

Future value(A) = index price × multiplier

Future value(A) = 1080 × 250 = 270000

Number of contracts (N) = (portfolio value × portfolio Beta) ÷ future value

N = ($20,000,000×1.2)÷270000

N = 24000000 ÷×270000

N = 88.8888=88.89

N = 89 (NEAREST whole number)

7 0
3 years ago
What is an important characteristic of the M1 money supply? . . A. liquidity . . . . C. flexibility . . D. solidity .
Mrrafil [7]

An important characteristic of the M1 money supply would be liquidity. The correct answer between all the choices given is the first choice or letter A. I am hoping that this answer has satisfied your query about and it will be able to help you, and if you’d like, feel free to ask another question.

6 0
3 years ago
Read 2 more answers
The main output of the ______ process is the stakeholder register.
liq [111]
Hello!
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The answer to your questions is "identifying stakeholders".
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The main output of the identifying stakeholders process is the stakeholder register.
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7 0
3 years ago
Which of the following pairs of elements are likely to form an ionic compound? Check all that apply. Check all that apply. lithi
Vlad1618 [11]

Answer:

lithium and chlorine

potassium and oxygen

Explanation:

Ionic compound are chemical compound held by electrostatic forces known as ionic bonding. Ionic compound, their is transfer of electron. One atom of element lose electron while the other atom gain electron. The ions involve in bonding are known as cations and anions.

The cations loses electron to become positively charged while the anion receive electron to become negatively charged. An ionic compound possess an anion and a cations. The electronegativity difference between the atom that go into bonding is widely different.  

The best option is the bonding between lithium (cations) and chlorine(anions) and potassium(cations) and oxygen(anions).

The bonding is usually between a metal and a non metal.

Li + and  Cl- → LiCl

K+ and O2- → K2O

7 0
3 years ago
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