Answer:
A) One exemption for their daughter Siera as a qualifying child but no exemption for Angela.
Explanation:
The six IRS requirements for determining a qualifying child are:
- Relationship
- Age
- Residence
- Support
- Joint return
- Citizenship
The problem with Angela is that she fails number 1, which means that she has no legal relationship with the Dasrups. She would qualify for the remaining 5, but if only one is missing, then the IRS will not qualify Angela.
On the other hand, Siera qualifies because she meets all the requirements.
In the primary market investors buy securities directly from the company issuing them while the secondary market, investors trade securities among themselves, and the company with the security being traded does not participate in the transaction. Therefore, an example of a primary market transaction would be the sale of 1000 shares of newly issued stock by Alt Company to Miquel.
Personal, social and methodical skills
Question:
Which of the following management responsibilities is the managerial accountant using in this example?
Answer:
Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.
Answer:
Annual synergy gain = $ 178,500
Explanation:
Value of synergy gain from acquisition = 18 - 15.9 = 2.1 million
Annual synergy gain = 2.1 *.085 = .1785 million or $ 178,500
Annual synergy gain = $ 178,500
