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KiRa [710]
3 years ago
11

Determine the number of personal and dependency exemptions ineach of the following independent situations.

Business
1 answer:
kipiarov [429]3 years ago
4 0

Answer:

A) There are 2 personal exemptions : Elton using her money ( $4500 ) to provide transportation for elderly persons with disabilities and Leo and Trista receiving a $5000 scholarship

There are 2 dependency exemption : Elton and Trista staying with their parents is a dependency exemption and Leo and Amanda furnishing more than 50% of the support of their children

B) There is one personal exemption : Audrey been divorced and living alone

There are 2 dependency exemptions : Audrey maintaining a household in which her ex-husband and others live and Olive been old and Blind

C ) There are 2 personal exemptions : Pierce earning $4000 from a part time job and All parties living in NEW YORK

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

D) There are 2 personal exemptions ;  Pierce earning $4000 from a part time job and All parties living in NEVADA

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

Explanation:

A) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions : Elton using her money ( $4500 ) to provide transportation for elderly persons with disabilities and Leo and Trista receiving a $5000 scholarship

There are 2 dependency exemption : Elton and Trista staying with their parents is a dependency exemption and Leo and Amanda furnishing more than 50% of the support of their children

B) The number of personal and dependency exemptions in this independent situation is

There is one personal exemption : Audrey been divorced and living alone

There are 2 dependency exemptions : Audrey maintaining a household in which her ex-husband and others live and Olive been old and Blind

C ) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions : Pierce earning $4000 from a part time job and All parties living in NEW YORK

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

D) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions ;  Pierce earning $4000 from a part time job and All parties living in NEVADA

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

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On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years or 50,0
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Accumulated depreciation= $276,000

Explanation:

Giving the following information:

On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.

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5 0
3 years ago
The EAFE is the international index comprising markets in Europe, Australia, and the Far East. Consider the following annualized
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a) i) 13.5% ii) risk on portfolio = 13.63%

b) Volatility of the portfolio (13.65%) is < Volatilities of the individual indexes

Explanation:

<u>A) Determine the return and risk of the portfolio</u>

i) Return [ E(r^p) ]  = ∑ wi*ri ---- (  1 )

where : wi = weight of stocks ,  ri = rate of return ( estimated ) N = number of stocks

Back to equation 1

E(r^p)  =  (0.5*14% ) +  (0.5*13% ) = 13.5%

<em>ii) risk of portfolio </em>

we can determine the risk of portfolio using the equation below

Vol [ r( t + 1 , $ ) + s ( t + 1 ) ]   ( volatility on Japanese equity ) = 13.63%

attached below is the remaining solution

<u>b) comparing the Volatilities </u>

Volatility of the portfolio (13.65%) is < Volatilities of the individual indexes ( i.e. volatility of US return ( 15.5% ) , Volatility of EAFE return ( 16.5% ) )

4 0
4 years ago
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