Child tax credit for Rose credit(s) can the Franklins claim on their 2019 tax return.
Explanation:
On 28 January 2019 the Internal Revenue Service (IRS) commenced to accept and process 2018 federal tax returns. Unless a request has been filed for an extension, the deadline for most donors to file federal taxes was 15 April 2019. You had to complete your return until April 17, 2019 whether you reside in Maine or Massachusetts.
In the case of direct deposit and other tax return problems the IRS estimate that the earliest EITC / ACTC returns will be eligible in taxpayers ' bank accounts or debit cards from 27 February 2019.
The answer is 0.75.
When taking the compliment, remember it is always of the form :
<u>1 - p'(x) or 1 - p(x)</u>
Hence,
Answer:
<em>When firms exit a market, the short-run market supply curve shifts left, causing individual firms’ profits to increase.</em>
Explanation:
The process of <em>free entry and exit of firms</em> is in a sequence as explained under-
- If there is higher demand in the market of the product as compared to its supply, then each firm in the market will receive higher price for its product.
- This will increase the prices of the product, enabling higher profits for each firm. This will make the industry attractive, enabling the introduction of newer firms in the market.
- When the new firms enter the industry, the prices of the product in the market will drop due to higher competition, now present currently. This will lead to lowering of profits for the firms in the industry.
- This will make the industry non-attractive and thereby the less competitive and less effective firms will exit the market in the short run.
- This exit of firms from the industry, will lead to higher prices again due to less supply of product in the market as compared to its demand. Hence, the profits of the firms present in the industry will increase.
Thus, it can be concluded that <em>when firms exit a market, the short-run market supply curve shifts left, causing individual firms’ profits to increase.</em>
Answer:
Ajay account will be credited with $6000. While Tim account will be debited by $6000
A)Degree of operating leverage=Contribution/EBIT
=6400,000/2140000=2.99.
B) Degree of operating leverage=Contribution/EBIT
=5600,000/1340000=4.18
C) Degree of operating leverage=Contribution/EBIT
=7600,000/1015000=7.49
One conclusion that companies can draw from examining operational leverage is that companies that minimize fixed costs can increase profits without changing selling prices, contribution margins, or unit sales.
The Operating Leverage formula is used to calculate a company's break-even point, helping to set a reasonable selling price that covers all costs and produces a profit. This gives you insight into how well your company is using fixed-cost items such as inventory and machinery to make a profit. The more profit a company can extract from the same amount of fixed assets, the higher its operational leverage.
Learn more about operating leverage at
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