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PIT_PIT [208]
3 years ago
14

The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)

is a cousin and earns $2,800 from a part-time job. Ellie (age 25) is their daughter and is a full-time law student. She received a $7,500 scholarship for tuition from her law school. Aaron is a brother who is a citizen of Israel but resides in France. Carla and Ellie live with the Hutters. How many dependents can the Hutters claim?
Business
1 answer:
sergey [27]3 years ago
8 0

Answer:

Hutters can be claim two dependents

Explanation:

we know here that Hutters can be claim two dependents

because here given Carla and Ellie as Aaron meets neither the residency nor citizenship requirement

but Carla is a qualifying relative and is under the age of 24

but Ellie is above 24 but is a qualifying relative as scholarship is non-taxable

so

we can say that answer is two

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James purchased a commercial property at a 7.5% cap rate. The previous owner agreed to finance the deal at 8%. Why may James ele
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Answer:

James will lose money, since his earnings will be lower than the interest that he must pay.

Explanation:

The capitalization (cap) rate is a ratio calculated by dividing the net operating income over the property asset value.

For example, if James is purchasing the property at $100,000, his net earning will be $7,500 per year (cap rate of 7.5%), but he will have to $8,000 in interests for the property. The interests are higher than the earnings, therefore the leverage is negative.

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3 years ago
Over the past century, real gdp per person in the u. s. has grown about _____ percent per year, which means it doubles about eve
Nadusha1986 [10]

Over the past century, real GDP per person in u. s. has grown about <u>2</u> percent per year, which means it doubles about every <u>35</u> years.

GDP measures the monetary value of final goods and services—that is, the ones that might be sold with the aid of the final consumer—produced in a country in a given time frame (say 1 / 4 or 12 months). It counts all the output generated inside the borders of a country.

Gross home product is the economic degree of the marketplace price of all the final items and services produced in a selected term by using nations. because of its complicated and subjective nature, this degree is regularly revised before being taken into consideration as a dependable indicator.

GDP may be calculated by using adding up all of the cash spent by using purchasers, businesses, and the authorities in a given length. it could additionally be calculated by including up all of the money obtained by way of all the contributors inside the financial system. In either case, the range is an estimate of "nominal GDP."

Learn more about GDP here brainly.com/question/8342414

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2 years ago
What are possible problems that can happen when karst aquifers are refilling during storms?
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Are the formal of te lands that can use shush and the baby one is the
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3 years ago
On October 1, ABC Company receives a 9% interest-bearing note from Reese Company to settle a $20,000 accounts receivable. The no
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The correct answer is b. $450

Explanation:

3 0
3 years ago
Silver Co. has a $400 petty cash fund. At the end of the first month the accumulated receipts represent $63 for delivery expense
lutik1710 [3]

Answer:

Credit to cash for $302

Explanation:

Account Titles and Explanation                        Debit       Credit

Delivery expenses                                               $63

Miscellaneous inventory                                      $207

Miscellaneous expense                                       $32

Cash                                                                                   $302

(To record petty cash reimbursement)

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