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azamat
3 years ago
15

Lonny (37) is a U.S. citizen. He was married at the beginning of the current tax year. His wife lived in the household until Sep

tember. Their divorce was finalized on October 31, and Lonny did not remarry before the end of the year. Lonny provided all the support for his son, who lived with him all year and is his qualifying child. Lonny's most advantageous filing status is_________.
A. Single.
B. Married filing separately.
C. Married filing jointly.
D.Head of household.
Business
1 answer:
Ivenika [448]3 years ago
6 0

Answer:

Head of household

Explanation:

Lonny's most advantageous filing status is the Head of Household. In order to use this filing status, it is mandated for the taxpayer to be either unmarried or considered unmarried by the year end. The taxpayer must also have paid over 50 percent of the cost of catering for a home for the year in view (either his personal home or the that of a qualifying parent)

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All of the following are steps in the budgetary control process except: Multiple Choice Establish new objectives and a new budge
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3 years ago
when the u.s. gives foreign aid to developing nations in africa, which of the following balance of payments account is affected?
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'When the U.S. gives foreign aid to developing nations in Africa,  the balance of payments current account is affected .

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Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. A checking account can be opened at a cooperative bank or a commercial bank.

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Learn more about current account brainly.com/question/24848903

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3 0
1 year ago
Merle Industries had been selling its product for $40 per unit, but recently lowered the selling price to $30 per unit. The comp
Marta_Voda [28]

Answer:

$5,200

Explanation:

The amount which is to be reported in the balance sheet is computed as:

Amount = Inventory × Current market value

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Putting the values above:

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Therefore, $5,200 amount will be recorded in the balance sheet for the inventory amount.

8 0
3 years ago
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