Answer: B. $2,500
Explanation:
The American opportunity tax credit (AOTC) is a tax credit benefit for parents and Guardians to paying tuition on Qualified students.
A maximum of $2,500 in credit can be acquired per eligible student and to qualify for this maximum, a married couple filing together must have a Modified Adjusted Gross Income (MAGI) of less than $160,000.
With a modified AGI of $90,000, Jeffery and Cassie are below the threshold and qualify for the full figure.
Answer:
EPS is $2.8 per share
Diluted EPS is $2.4 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($592,000 - ( 19,100 x $0.9 ) / 205,000 = $2.8 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($592,000 - $17,190) / ( 205,000 + 39,000 )
Diluted EPS = $2.4 per share
All the option given are inconsistent with data given.
Answer:
D) Must be reported in a presentation that includes the components of other comprehensive income and their total.
Explanation:
Comprehensive income (net income plus other comprehensive income) must be reported in a presentation that includes the components of other comprehensive income and their total.
Answer:
E
Explanation:
In this question, we are to give an answer about which of the listed options would give George the optimal service for the action which he seeks to execute.
Checking the requirements of what he is trying to do, we will notice that there are some key words that are very important that he is trying to target. Now, to bring his idea into fruition, Google AdWords would provide him with the needed help.
This is because Google AdWords would look specifically at indexes using those two key words he wants to use to provide him with the results that he seeks.
Answer:
Invoro will have a resource that is valuable but no longer rare.
Explanation:
Invoro's competitive edge has been duplicated by Finolo and Ethics through their customer knowledge base and products that appeal to customers.
The resource that Invoro has is still valuable and can give the company a good market share, but it is no more rare.
