1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
boyakko [2]
3 years ago
15

Roshan is a freshman at florida state university where his tuition is $4,000. shante, his older sister, is a graduate student at

expensive university, where tuition is $25,000. what is the maximum tax credit roshan and shante's parents can take
Business
1 answer:
MAVERICK [17]3 years ago
3 0
<span>The maximum deduction a person can take for tax credit for college tuition is $10,000 per qualified student., or the total amount of the tuition if under that amount. The maximum that could be taken for Roshan would be $4000 and for Shante $10,000 for a combined deduction of $14,000 for their parents.</span>
You might be interested in
Suppose the 2017 adidas financial statements contain the following selected data (in millions).
Lera25 [3.4K]

Answer:

(A) net working capital = 1,510

(B) current ratio = 1.49

(C) debt to assets = 54.6153%

Explanation:

working capital

current assets - current liabilities

4,570 - 3,060 = 1,510

current ratio

current assets / current liab

4570/3060 = 1.493464052

(c) debt to assets

total liab/ total assets

4,544/8,320 = 54.6153%

4 0
3 years ago
Which of the following is not an form of money that was traded
Semmy [17]

Answer:

(D) because you cannot sell shells.

8 0
2 years ago
How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? quest
11111nata11111 [884]
<span>how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ? C) The supply of smartphones would decrease. Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel. so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.</span>
8 0
3 years ago
Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate
alukav5142 [94]

Answer:

6.67   years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the  nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate  is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)=  6.67  years

It would take  6.67   years for the sinking fund to reach the desired value of $1,200,000

7 0
3 years ago
​rajon is trying to decide between majoring in psychology and majoring in economics. he considers the intensity of each major si
jeyben [28]

Rajon has employed a utility theory of which a person has decided and targeted his or her preference in life as it is seen on Rajon’s actions as he tries to determine the course he would take of which is beneficial for him in the future which are considered to be his preference in his life. It is also a way of having people rank choices and which would be of preference or priorities in their life. It can be illustrated on Rajon’s actions as he tries to take up choices of which is best and which are his priorities in relation his field and job after he graduated in his school.

5 0
3 years ago
Other questions:
  • Refer to exhibit 27-5. assume the firm is a factor price taker and that the price of a unit of labor is constant at $360. the fi
    6·1 answer
  • There are several methods to maximizing the marketing value of​ e-mails. using​ e-mail campaigns that can be carried out​ quickl
    10·1 answer
  • Suppose that consumers would like to purchase 10 million dvds but only 5 million are available. in order for the market to coord
    8·1 answer
  • Beginning inventory amounted to 1,000 units. This period, 4,200 units were started and completed. At the end of the period, the
    6·1 answer
  • For products with a high degree of ______________________, in-store sampling (e.g., handing out tasting samples of new food item
    13·1 answer
  • Fidelity Investments is the second largest mutual fund and financial services group worldwide. It has various offices in cities
    13·2 answers
  • In 2012, a nation’s population was 10 million, its real GDP was 1.21 billion. By 2013, its the population had increased to 12 mi
    5·1 answer
  • Consider the CAPM. The risk-free rate is 7%, and the expected return on the market is 13%. What is the expected return on a stoc
    5·1 answer
  • Richard Simmons, a sales rep for a firm that makes a line of pumps for keeping construction sites dry, has just been contacted b
    12·1 answer
  • Other names for manufacturing overhead include ______.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!