Answer:
Allison can maximize her tax benefits by taking the Lifetime Learning Credit which results in a $300 tax credit.
Explanation:
Education credit:
Allison doesn't qualify for the American Opportunity Tax Credit (AOTC) since that only covers the first four years of college and even if she never attended college before, she would need to be enrolled at least half time.
She qualifies for the Lifetime Learning Credit (LLC) but it only covers 20% of the first $10,000 of expenses, in this case = $1,500 x 20% = $300 benefit
Tuition and fees deduction:
Allison can deduct $1,500 from her gross income = $1,500 x 15% tax rate = $225 benefit
Answer:
the company’s cost of preferred stock is 10.53%.
Explanation:
given information:
perpetual preferred stock = $57.00
a constant annual dividend = $6.00
to determine the company’s cost of preferred stock we can use the following formula
%
therefore, the company’s cost of preferred stock is 10.53%.
So you start with a 88.1%.
Here is how I figure it...
If you get a 15 out of 15 on an assignment, that would be a 100% for your assignment grade.
You take 100% and add it to your 88.1% and you get 188.1%. That doesn't seem reasonable for a grade though does it...
So you take that 188.1% and you divide it by 2 (divide it in half) and you get 94.05%.
So if you get 15 out of 15 on your assignment your grade will go up to a 94.05% as I figure.
Word problem:
15 out of 15= 100%+88.1%= 188.1%÷2= 94.05%
Your final grade as I figure would be a <em><u>94.05%</u></em>
Answer:
8.10 Percent
Explanation:
= 0.12 * (6% + 1.50%) * 9
= 8.10%
The correct answer is It takes in tax revenue and buys bonds.
Taxes are the main way that the federal budget is funded, which is why taxes have to be paid. They come from companies, people, organizations, and basically everyone.
