Answer: disputed debt
Explanation:
The above scenario in the question explains a disputed debt. This occurs when there's a disagreement between two parties based on the amount owed.
In this case, Lance contracts with Herman to fix the brakes on his car for $750 but when Lance picks up his car, the bill is $900 and Lance insisted on paying the $750 that was agreed on. This shows a disputed debt.
Answer:
It will be closest to $ 16.21 (rounding to he nearest cent)
Explanation:
We will divide the cost pool over the total cost driver determined for the activity.
In this case, machine hours totals for 11,300
and there is a cost pool of 183,147 dollars
Activity rate: 16,207699 = $ 16.21
Answer:
Multiple regression
Explanation:
With regards to the above, multiple regression can be used to determine one educational background, interest and gender so as to see if there is a variation in terms of individual's annual income as it relates to their educational background.
Multiple regression basically is a mathematical model, which is used when one value is matched with two or more variables. Here, the value is a stand alone, which is why we study, while the variables are dependent; hence are factors that required to be checked and why the whole analysis is being conducted.
In the above scenario, the value being represented is 'annual income' which is independent, while educational background, interest and gender are variables which are independent.
Answer:a
Explanation:
Cost of Trailer - $188,000
Salvage value $28,000
Useful life: 8 years
Depreciable amount - $160,000
Expected miles coverage - 352,000
Mileage in 2020 = 44,500
Mileage in 2021 = 41480
Depreciation rate = 1/8*100 = 12.5%
Straight line :
160,000/8 = 20,000 2020 2021
20000 20000
Units of production (44500/352000*160000) (41480/352000*160000)
20,227.27 18,854.54
Double declining 25%*188000 25%*141000
balance 47000 35250
Answer:
1. c. Both a and b
2. a. Yes, because Benjamin has a Social Security number.
Explanation:
According to tax laws, you can claim a child tax credit for an American dependant below the age of 17 which qualifies Harper for it. Evelyn however qualifies for a Credit for other dependents as she is a resident alien and has an Individual Taxpayer Identification Number (ITIN).
Because Benjamin has a Social Security Number, the Hopkins are indeed eligible to claim an earned income credit. Married couples filling jointly can claim the credit if either of them are U.S. citizens with a valid Social Security number.
