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ddd [48]
2 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]2 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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Alfonzo's Italian House has 25,000 shares of stock outstanding with a par value of $1 per share and a market price of $36 a shar
Liono4ka [1.6K]

Answer:

$18

Explanation:

6 0
2 years ago
The contractor proposed $x,xxx,xxx for manufacturing labor contemplating the following full time equivalent (FTE) for the three
Lady_Fox [76]

Answer:

$659,277

Explanation:

The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:

For 3 year it is

= 3 × 1,800 hours × $31

= $167,400

For 4.5 years, it is

= 4.5 × 1,800 hours × $31 × 1.025

= $257,377.50

Foe 4 years, it is

= 4 × 1,800 hours × $31 × 1.025 × 1.025

= $254,499.50

So, the manufacturing labor dollars per year is

= $167,400 +  $257,377.50 + $254,499.50

= $659,277

4 0
3 years ago
gas-to-liquid (GTL) process that produces 140,000 bbl/day has aFCI of $12 billion. Estimate the FCI of a similar GTL plant produ
Y_Kistochka [10]

Answer:

$ 10.38 billion

Explanation:

Using six-tenths rule

Estimated cost / the known cost = (size of the estimate / size of the known)^0.6

Estimate = $ 12 billion ( 110000/140000)^ 0.6

Estimate = $ 10.38 billion

3 0
3 years ago
According to the _____________, many African Americans live in areas where there has been a reduction in work for low-skilled wo
enyata [817]

According to the <u>b. skills mismatch hypothesis</u>, many African Americans live in areas where there has been a reduction in work for low-skilled workers.

<h3>What is the skills mismatch hypothesis?</h3>

The skills mismatch hypothesis is an attempt to explain the reduction in work for low-skilled workers, especially African Americans.

The skills mismatch hypothesis argues that skill demands in urban labor markets increase over time.

Unfortunately, African Americans do not have the job skills and educational attainments, unlike other population groups, thereby causing a skills mismatch.

<h3>Answer Options:</h3>

a. residential segregation theory

b. skills mismatch hypothesis

c. deindustrialization perspective

d. "wage of whiteness" perspective

Thus, according to the <u>b. skills mismatch hypothesis</u>, many African Americans live in areas where there has been a reduction in work for low-skilled workers, and African-American men in particular often do not have the skills required to secure work in the current economy.

Learn more about the skills mismatch hypothesis at brainly.com/question/7493146

#SPJ1

8 0
2 years ago
Matching is:
kvasek [131]

Answer:

2. A result of recognizing revenues and expenses that arise from the same transaction.

Explanation:

Matching is a concept in accounting which favors the accrual accounting over cash basis of accounting.

It is a concept in which the cost incurred during the course of carrying out some activities that generate revenue is match to the revenue generated.

Hence Matching is a result of recognizing revenues and expenses that arise from the same transaction.

3 0
3 years ago
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