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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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The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

= 6%+4.8%= 10.8%

Portfolio B

6%+1.5(6%)

6%+9%= 15%

It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

4 0
3 years ago
Federal Semiconductors issued 11% bonds, dated January 1, with a face amount of $800 million on January 1, 2021. The bonds sold
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3 years ago
Last year, Richmon Company produced 10,000 units and sold 6,000 units at a price of $20. Costs for the last year were as follows
Goshia [24]

Answer:

The correct answer is B: $46,400

Explanation:

The difference between absorption and variable costing is that the first one includes fixed manufacturing overhead in the manufacturing cost.

Giving the following information:

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Direct labor= 38,000

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5 0
3 years ago
Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo
earnstyle [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Partnership

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d) Limited Liability Company

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And the correct answer is the option D: Limited Liability Company.

Explanation:

To begin with, the name of <em>"Limited Liability Company" </em>refers to a type of form of business, in the field of business law, that is helpful to adapt and use for some owners regarding the particular characteristics that this form gives to them. So once said that, this type of business form has the characteristics of both a corporation and a partnership so that means that it is quite flexible and can adapt depending on the situation that the owner is having. Moreover, one of the most important aspects of this type of form is the fact that the owner has a limited liability to what happens in the company so that means that his private assets are secure under this form.

6 0
3 years ago
Why is expected income a large factor in choosing a retirement plan in which to invest?
RoseWind [281]
<span>Because you will be investing in it for the rest of your life. The yields should match the amount you are able to contribute. By doing this, you will be able the needs that needed to be made on current year while not throwing away the money for the future since the fruit of your retirement plan will be ripped when you're no longer in a productive age, 
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3 years ago
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