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Scilla [17]
3 years ago
7

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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What is another term for liability?<br> A. asset<br> B. notes<br> C. debt<br> D. accounts
Fiesta28 [93]

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

:3

6 0
3 years ago
Horton Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,500. The m
Ganezh [65]

Answer:

$479,500

Explanation:

To determine the interest due for the first payment we can solve the following:

interest due on payment 1 = total debt x interest rate x 1/12 = $480,000 x 10% x 1/12 = $4,000

Now we need to subtract the interest due from the first payment:

principal paid = payment - interest due = $4,500 - $4,000 = $500

remaining principal = $480,000 - $500 =  $479,500

8 0
3 years ago
Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to which of the following?A. ethnocentrismB. avail
Advocard [28]

Answer:

E. globalization

Explanation:

-Ethnocentrism refers to judging another culture based on your own culture and considering yours as superior.

-Availability of supplies refers to having access to the products needed for the business.

-Avoidance of tariffs and import quotas refers to not having limitations like  paying taxes on imports or exports or having a maximum quantity of a product that can be imported or exported.

-Lower labor costs refers to low salaries.

-Globalization refers to a process of integration that involves people, governments and companies around the world. When talking about business is about developing an international presence and beginning to operate in other countries.

According to this, Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to globalization.

4 0
3 years ago
Because the _____ is the rational part of the personality, it sometimes plays referee between the wishes of the _____ and the __
snow_tiger [21]
<span>Because the ego is the rational part of the personality, it sometimes plays referee between the wishes of the Id and the Superego. The ego or your ego is referred to be your conscious mentality and it is also your perception of your own self.</span>
7 0
3 years ago
Kubin company’s relevant range of production is 20,000 to 23,000 units. when it produces and sells 21,500 units, its average cos
Afina-wow [57]
<span>The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced. Hypothetically lets say variable costs for Kubin company's production is $50,000 and their fixed costs are $25,000. $50,000 variable costs + $25,000 fixed costs / 21,500 units = $3.49/unit.</span>
6 0
3 years ago
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