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mash [69]
3 years ago
10

Linda Perkins (64) shared a home all year with her son, Dennis (41), and Dennis’s son, Chase (20). Linda and Dennis worked full

time and Chase was a part-time student. No one else lived in the home. Assuming that both Linda and Dennis have earned income and an AGI of at least $20,000, but less than $30,000, which of them may claim and receive the Earned Income Tax Credit?
A. No one.
B. Linda only.
C. Both Linda and Dennis.
D. Either Linda or Dennis, but not both.
Business
1 answer:
Marat540 [252]3 years ago
7 0

Answer: D. Either Linda or Dennis, but not both.

Explanation: AGI stands for adjusted gross income. This is basically your gross income which is adjusted after tax deduction.

In this case, because the house is shared between Linda and Dennis and also since they are the ones who earn only. Therefore, either one of them would be eligible for earned income tax credit.

If they had been living in separated houses, both of them would have received the earned income Tax Credit.

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In economics, the term "capital" refers to :
IrinaVladis [17]

Answer:

D. the money in one's pocket

Explanation:

this is so because the financual assets needed fpr a business to produce good and/or services requires money

7 0
3 years ago
Vaughn Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been col
emmainna [20.7K]
10 points geez thanks
5 0
3 years ago
Holding all else constant, a higher price for ski lift tickets would be expected to: A. increase the number of skiers B. decreas
Elenna [48]

Answer:

Option (b) is correct.

Explanation:

The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.

8 0
4 years ago
10 points Return to questionItem 3Item 3 10 points Suppose Stark Ltd. just issued a dividend of $2.24 per share on its common st
8_murik_8 [283]

Answer:

a. The  best estimate of the company’s cost of equity capital using the arithmetic average growth rate in dividends is 10.91%

a. The best estimate of the company’s cost of equity capital using the geometric average growth rate is 10.88%

Explanation:

a.

Time Dividend per share ($)     Growth

-4                       1.80  

-3                       1.98                      10.00%

-2                       2.05                       3.54%

-1                       2.16                        5.37%

0                       2.24                         3.70%

Average                                           5.65%

D0 = $ 2.24 / share

g = 5.65%  

D1 = D0 x (1 + g)

     = 2.24 x (1 + 5.65%)

      = $ 2.37

Current share price = P = $ 45 = D1 / (Ke - g)

The cost of equity = D1 / P + g

                                                 = 2.37 / 45 + 5.65%

                                                  = 10.91%

Therefore, The  best estimate of the company’s cost of equity capital using the arithmetic average growth rate in dividends is 10.91%

a. What if you use the geometric average growth rate?

A DPS of $ 1.80 / share 4 years back has given way to a DPS of $ 2.24 today.

CAGR, g = (2.24 / 1.80)1/4 - 1

               = 5.62%

D1 = 2.24 x (1 + g)

    = 2.24 x (1 + 5,62%)

    = $  2.37

cost of equity = D1 / P + g

                       = 2.37 / 45 + 5.62%

                        = 10.88%

Therefore, The best estimate of the company’s cost of equity capital using the geometric average growth rate is 10.88%

7 0
3 years ago
A(n) to is any policy that is designed to reduce the competitiveness of foreign producers that wish to sell their goods or servi
frutty [35]

A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.

The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including

  • Imposition of tariffs
  • Subsidies
  • Import quotas
  • Trade restrictions.

The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.

In conclusion, the policy is known as a protectionism policy.

Read more about this here

<em>brainly.com/question/3279101</em>

8 0
3 years ago
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