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OlgaM077 [116]
3 years ago
6

1. Marty and Jean are married and have 4-year-old twins. Jean is going to school full-time for 9 months of the year, and Marty e

arns $45,000. The twins are in day care so Jean can go to school while Marty is at work. The cost of day care is $10,000. What is their child and dependent care credit? Please explain your calculation. _________________________________________________________________
Business
1 answer:
Pavel [41]3 years ago
4 0

Answer: $2,000

Explanation:

-Use form 2441 on the IRS website for 2019.

-Wages earned=$45,000, therefore, it would be between "over 43,000 but not over 'No Limit' " which is 20% (.20)

-$10,000(paid in daycare) × .20 = $2,000

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Suppose the production of solar powered lawn mowers is characterized by the production function Q = LE, where Q represents the n
RoseWind [281]

Answer:

110 labor and 1100 energy

Cost of 2,200 dollars

Explanation:

Q = L x E

Cost = 10 L + E

We use Excel solver tool to get this

    A            B               C      

1                Labor Energy  

2 Quantity     110          1100

3 Cost             10               1

4 output    121,000  (B2 * C2)

5 cost           2,200 (B2*B3 + C2*C3)

we want to minimize B5 (cost)

changing the quantities (b2:c2)

with the constrain that output b4= 121,000

7 0
3 years ago
Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street
crimeas [40]

Options :

a. ​mistake.

b. ​opinion.

c. ​an adhesion contract.

d. ​fraud.

Answer: Fraud

Explanation: From the scenario described above, it could be inferred that Ken, the real estate agent used trickery to lure Lily into purchasing the property. Hence, Lily could be said to have been defrauded by Ken who used what Lily needed to trick her into making the purchase because the main specification, that is high traffic, which Ken used to lure Lily was actually false. Fraud remains a grave offence as it could only be carried out by lying, issuing false statement, blackmail, impersonation and other grave offences.

5 0
3 years ago
You bought a share of 6.6 percent preferred stock for $97.68 last year. The market price for your stock is now $102.42. What is
Angelina_Jolie [31]

Answer:

The aggregate return for the last year is 11.61%

Explanation:

The return on any asset is the increase in price, in addition to any dividends or the cash flows, which is divided by the initial price. Since, the preferred stock is assumed to have a $100 par value of, the dividend amounts to $6.60, therefore, the return for the year would be:

Return (R) = (Market Price - Stock Price + Dividend) / Stock Price

R = ($102.42 - $97.68 + $6.60) / $97.68

R = .1161, or 11.61%

6 0
3 years ago
Brainliest + Points! Please explain
svetoff [14.1K]

B.

it is the down payment

3 0
3 years ago
Juan, not a dealer in real property, sold land that he owned. His adjusted basis in the land was $700,000 and it was encumbered
Zielflug [23.3K]

Answer:

45.45%

Explanation:

The total selling price was $200,000 (paid on the date of the sale) + $900,000 (note received) = $1,100,000

Juan's cost of he land = $700,000 (basis) - $100,000 (mortgage) = $600,000

Juan's profit = $1,100,000 - $600,000

Juan's gross profit percentage = $500,000 / $1,100,000 = 45.45%

6 0
3 years ago
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