Answer: $1,000
Explanation:
Even though Megna and Britt are above the age of 17 and as such do not qualify for the child tax credit, they qualify for the Credit for Other Dependants.
Under this Credit, $500 can be deducted per dependant if certain conditions are fulfilled such as the dependents having a valid American identity number such as ATIN, ITIN, or SSN.
The dependants have to be your children or elderly parents.
With $500 in credit available per dependant and Sandy and Chris having 2 dependants in Megna and Britt, they can get a credit of $1,000 for the both of them.
Answer
Explanation:
Có tài liệu về tài sản cố định (TSCĐ) trong tháng 5/2021 của công ty B như sau:
Ngày 1/5 6/5 12/5 15/5 20/5 31/5
Số lượng TSCĐ (cái) 600 750 800 550 700 860
Tính số lượng TSCĐ bình quân của doanh nghiệp B trong tháng 5? Trong nửa đầu tháng 5 (từ ngày 1 đến ngày 15), trong nửa cuối tháng 5 (từ ngày 16 đến ngày 31), trong 15 ngày cuối tháng 5 (từ ngày 17 đến ngày 31)? Cho nhận xét sơ bộ về thực trạng sử dụng TSCĐ của công ty, từ đó đề xuất một số biện pháp sử dụng hiệu quả TSCĐ cho công ty?
Answer: the opportunity cost of $600
Explanation:
From the question, we are informed that Tina withdraws $20,000 from her money market account to start up her own house cleaning business and that over that time, the account would have earned 3 percent interest.
In order to properly account for all costs of her business, Tina must not forget the opportunity cost of $600. This is calculated as 3% of $20,000.
The opportunity cost is what Time had to forgoes in order to start her business.
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Answer:
The correct answer is A will always be equal to or less than B.
Explanation:
In general terms, inventory is valued in terms of cost. But there must be a deviation from the cost basis of the inventory valuation and it must be reduced below cost when the utility of the goods has decreased and its sale product or item value will be less than its cost.
The decrease in the value of inventory below cost can be due to different causes, such as physical deterioration, obsolescence, a drop in the price level, etc. In these situations, the inventory is recorded at its market value. The difference in value (cost-to-market value) is recognized as a loss for the current period. It should be understood that the market value of the inventory must be estimated since the inventory has in fact not been sold. As a general rule, the concept of market value is used in terms of the current replacement cost of inventory, that is, what it will currently cost to purchase or manufacture the item.
