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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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In a sponsorship proposal, where is it appropriate for organizations to discuss their accomplishments?
sladkih [1.3K]

It is most appropriate to discuss their accomplishments at the Executive summary section. A Executive summary section is a document where organizations show what they are willing to offer on there agreement and the accomplishments they are showing the people they'd like to offer up with.

5 0
3 years ago
Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 22% for two years and then at 5% therea
AleksAgata [21]

Answer:

The value of the stock = $19.64

Explanation:

According to the dividend valuation model, <em>the value of a stock is the present value of the expected future cash flows from the stock discounted at the the required rate of return.</em>

Year                     Workings                        Present value(PV)

1                 $1 × (1.22)  × 1.11^(-1)  =                     1.10

2                 $1 × (1.22)^2 ×(1.11)^(-2) =                1.21

3                 $1 × ((1.22)^2 × (1.05))/0.11-0.05) = 21.35 ( PV in year 2 terms)

PV (in year 0) of Year 3 dividend  = 21.35 × 1.11^(-2)

                                      = 17.33 (see notes)

<em>The value of the stock</em> = $1.10+ $1.21 + 17.3

                                      = $19.64

Notes:

<em>Note the growth applied to year 3 dividend gives the PV in year 2 terms. So we need to re-discount again to year 0.</em>

<em />

The value of the stock = $19.64

                                     

8 0
2 years ago
As prosperity and economic development rise, ________ increases as well.
crimeas [40]
As prosperity and economic development rise, individualism increases as well.

Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual. 
4 0
3 years ago
Equipment with an estimated market value of $30,000 is offered for sale at $45,000. The equipment is acquired for $15,000 in cas
ra1l [238]

Answer:

$35,000

Explanation:

According to accounting standard  IFRS 16 Property, Plant and Equipment is initially recorded at its cost. Estimated market value and offer price will not be considered to record this transaction. Cost incurred for this equipment is as follow:

Cash payment = $15,000

Note payable = $20,000

Total Cost  = $15,000 + $20,000 = $35,000

6 0
2 years ago
Clark Company's master budget reflects budgeted sales information for the month of June, 2019, as follows: Budgeted Quantity Bud
lesya [120]

Answer:

Total sales variance    $87,340   Favorable

See report below

Explanation:

The sales budget for the month of June would like as follows:

Budgeted Sales

Product                 units        Price     Total($)

A                        40,000       $7          280,000

B                         39,000    $9            351,000

Actual sales

Product                 units        Price     Total($)

A                        39,000       $7.10         276,900

B                        49,600       $8.90         441440

Sales Budget Report for the month of June 2019

                                Budget           Actual           Variance ($)

A                        280,000                  276,900         3,100      Unfavorable

B                        351,000                   441,440            <u>90,440  </u>favorable

   Total sales variance                                          <u>  87,340   Favorable</u>

5 0
2 years ago
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