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ddd [48]
3 years ago
6

Jennifer is divorced and files a head of household tax return claiming her children, ages 4,7, and 17, as dependents. Her adjust

ed gross income for 2018 is $211,200. What is Jennifer's total child and other dependent credit for 2018?a. $4,500b. $3,950c. $500d. $3,900
Business
1 answer:
Stells [14]3 years ago
3 0

Answer:

Ans: $ 3900 The correct answer is :

Explanation:

Explanation:

1) For  2018  phaseout  limit  for  AGI  is  $  200,000  

2)  The  credit  phaseout  by  $  50  for  each  $1000  of  MAGI  Over thereshold.

3)  $  211,200  -  $  200,000 =  $11200

4)  $11,200  ÷  $ 1000  =  11.2

=  $  12  (Round it off )

5)  $  12  ×  $ 50    = $ 600 phase out

6) Child  Credit  Per  child  is  $  2000.

7)  ( 2  kids  x  2,000  each )  -  600  =  3,400

8)  3,400  +  500 (1  kid  17  and  over )  = 3,900

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lana [24]

Answer:

<h2>The correct answer in this case is option C. or MU(c)/P(c)>MU(d)/P(d).</h2>

Explanation:

Under consumer equilibrium theory for two commodity model,a rational consumer maximizes his or her utility when the marginal utility(MU) obtained from consuming one good is equal to the same of the other.This is the fundamental essence of the Law of Equimarginal Utility in Economics.Now,in this case,the consumer will purchase more of good C than good D if the Marginal utility obtained from one unit of good C or MU(c)  for the money spend on consumption of good C or price of C,P(c) is greater than the marginal utility obtained from consuming 1 more unit of good D or MU(d) for money spend on purchase of good D or price of that particular unit of D or P(d).Therefore,since the marginal satisfaction compared to the amount of money spend for the consumer is higher for good C compared to the other or good D,it will increase the total utility level of the consumer from that particular consumption bundle or pattern.Hence,he or she will spend more on the consumption of good C than good D.

8 0
3 years ago
Isabella wants to do something for others around the holidays. She fills three boxes with things she does not need, and donates
Virty [35]

Answer:

I think is the first one I'm not sure but I think is that one.

5 0
3 years ago
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A state charges a 7% sales tax on non-grocery items.
zvonat [6]

Answer:

$8.75

Explanation:

The sales tax is on non-grocery  is 7%

Sales tax on an item costing $125 will be

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7 0
3 years ago
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to
postnew [5]

Answer:

A. $41,120.

Explanation:

Year    Description          Cash flow           Present [email protected]%

0       Equipment cost      ($30,000)                    ($30,000)

1-4      Additional CF           $24,000                    $69,929.10

4        Residual value            $2,000                       $1,184.16

Present value total                                                 $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0
3 years ago
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Answer:

activate the forensics analysis team and prepare documentation

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A forensics analysis should be done to understate the cause of the data breach and examine properly how this happen then prepare a documentation that helps resolve this issue which will come with solution using the root cause analysis or fish borne diagram to dissect it visually

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