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valina [46]
3 years ago
13

What is the total dollar amount of personal and dependency exemptions which a married couple with two children (ages 11 and 14,

both of which are qualified children) and $80,000 of adjusted gross income would deduct in 2019
Business
1 answer:
natima [27]3 years ago
8 0

Answer:

total personal and dependency exemptions = $28,400

Explanation:

personal exemptions for a married couple filing jointly in 2019 = $24,400

child tax credit for children under 16 = $2,000 per child x 2 children = $4,000

*the child and dependent tax credit which covers up to $3,000 per child only applies for the 11 year old child, but we are not given any amount spent on child care, so the amount to be deducted is unknown.

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Spielberg Inc. signed a $170,000 noninterest-bearing note due in five years from a production company eager to do business. Comp
GaryK [48]

Answer:

$100,890

Explanation:

To determine the value of the debt we must calculate the present value of the note:

present value = future value of the note / (1 + interest rate)⁵

present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685

present value = $100,890

7 0
3 years ago
How does good health contribute to career success?
Dahasolnce [82]
It allows for one to live a healthier, happier, positive, successful life. Good health permits a stronger body and therefore better performance in the work place and an overall sense of optimism. 

xx :)
7 0
3 years ago
Government insurance that provides medical care and income to employees
stiv31 [10]

Answer:

Workmen Compensation

Explanation:

The insurance of government which provides the medical care aid and the income to the employees who get injured at the job is the workers compensation insurance covers .

It is that cost of rehabilitation and medical care for employees  injured at the place of job. It also compensates the employees for lost wages and give death benefits for their dependents.

6 0
3 years ago
The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment
zysi [14]

Answer:

(a) $921,100

(b) $643,500

(c) $567,700

Explanation:

(a) Cost of goods sold:

= Sales - Gross profit

= $1,261,800 - $340,700

= $921,100

(b) Direct Material Cost:

= Materials purchased - Indirect materials - Materials inventory

= $643,500 - $46,700 - $46,700

= $643,500

(c) Direct labor cost:

= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

= $1,393,000 - $643,500 - $181,800

= $567,700

5 0
3 years ago
Name both anime characters<br> WRONG ANSWERS ONLY!!!!!!!!!!
tensa zangetsu [6.8K]

Answer:

it vegata loll..............

5 0
3 years ago
Read 2 more answers
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