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3 years ago

Which of the following situations may qualify a taxpayer to claim an education credit on their tax return? g

Business

1 answer:

mihalych1998 [28]3 years ago

6 0

Answer:

The correct answer is letter "B": The taxpayer paid education expenses for their dependent child at an eligible educational institution for a degree.

Explanation:

Taxpayers can take educational credits for themselves, their spouse, and dependents who during the tax year have been enrolled in or attended an eligible post-secondary school. In the case of dependents, they must be claimed as such in the taxpayer's return and cannot appear in any other filing.

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In which part of a résumé would you mention the names and contact details of your previous employers?

S_A_V [24]

Answer:

work experience is the correct answer for PLATO

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3 years ago

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What is a minimum balance when it comes to account requirement?

drek231 [11]

The minimum amount of money you may have in an account for said account to be, and stay opened.

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3 years ago

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Mary O. Andrettey wants to purchase an expensive sports car. She needs to borrow money to purchase the car, and has loan proposa

irina [24]

Answer: Proposal C

Explanation:

The way to solve this is to calculate the Present Values of all these payments. The smallest present value is the best.

Proposal A.

Periodic payment of $2,000 makes this an annuity.

Present value of Annuity = Annuity * ( 1 - ( 1 + r ) ^ -n)/r

= 2,000 * (1 - (1 + 0.5%)⁻⁶⁰) / 0.5%

= $103,451.12

Proposal B

Present value = Down payment + present value of annuity

= 10,000 + [2,200 * ( 1 - ( 1 + 0.5%)⁻⁴⁸) / 0.5%]

= 10,000 + 93,676.70

= $103,676.70

Proposal C

Present value = Present value of annuity + Present value of future payment

= [500 * (1 - (1 + 0.5%)⁻³⁶) / 0.5%] + [116,000 / (1 + 0.5%)⁶⁰]

= 16,435.51 + 85,999.17

= $‭102,434.68‬

Proposal C has the lowest present value and so is best. 

6 0

3 years ago

Through a process called _______, marketers collect and evaluate information about the marketing environment.

OverLord2011 [107]

Answer:

Through a process called environmental scanning marketers collect and evaluate information about the marketing environment.

What is environmental scanning?

Environmental scanning is the process of continually acquiring information on events occurring outside the organization to identify and interpret potential trends.

3 0

2 years ago

Quinn contracts to provide ten tons of scrap steel at $500 per ton to Rendered Materials, Inc. An unforeseen shortage of scrap s

solong [7]

Answer:

C) performance of the contract is commercially impracticable.

Explanation:

Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.

Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.

In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.

7 0

3 years ago