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vladimir2022 [97]
3 years ago
8

Miranda prepared a tax return for Fred and Carol. Before e-filing their return, who must sign Form 8879? a. Miranda b. Fred and

Carol c. Miranda and either Fred or Carol d. Miranda, Fred, and Carol
Business
1 answer:
Ostrovityanka [42]3 years ago
4 0

Answer:

B

Explanation:

Both Fred and Carol (as a couple) must e-sign the return form or otherwise it may be tagged a fraudulent move, if only one person should do it, without proper consultation.

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Let's assume you are the beneficiary of your great Aunt's life insurance policy. Sadly she passed away yesterday. You elect to r
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Answer: The life insurance annuity payment is $50,926.10

Explanation:

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PRESENT VALUE(PV) = $500,000

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PERIOD (n) = 20 years

Recall, formula for ordinary annuity:

Annuity = (Rate × PV) ÷ ( 1 - (1 + r)^-n)

Annuity = (0.08 × $500,000) ÷ (1 - (1 + 0.08)^-n)

Annuity = ($40,000) ÷ (1 - (1.08)^-20)

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Annuity = $50,926.10

Therefore, the life insurance annuity payment for 20 years at 8% interest rate will be $50,926.10

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Economists include only final goods and services when measuring GDP for a specific year because a. If intermediate goods were no
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What to bring to h&r block when filing taxes?
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Have You Received Your W-2 Form In The Mail From Where You Work(ed)?
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Assume again that the cost of capital is 7 percent and the effective tax rate is 40 percent. How would the payback, internal rat
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If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.

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