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Artyom0805 [142]
3 years ago
14

Morgan is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthur's stand

ard deduction
Business
1 answer:
Ivan3 years ago
4 0

Answer:

The standard deduction for 2020 for a head of household is $18,650. But if the filer is 65 years old or older, then he/she receives an additional $1,650. Morgan's total standard deduction is $20,300.

Explanation:

Morgan can claim his father as a dependent, and therefore, qualify as head of household.

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Assume the market for oranges is perfectly competitive. If the demand for oranges​ increases, will the market supply additional​
DiKsa [7]

Answer:

The correct answer is option B.

Explanation:

The market for oranges is perfectly competitive. An increase in the demand for oranges will cause the demand curve to move to the right. This rightward shift in the demand curve will cause the equilibrium price and quantity to increase.

At higher price, the producers will supply more oranges, because they will earn more profits. The supply of product is positively related to its price. So at higher price of oranges, more quantity will be supplied.

5 0
3 years ago
The reason that we want to develop a confidence interval for the population mean is because:_____.
Bogdan [553]

Answer:

3. the sampling distribution of the sample mean is normally distributed.

5. the value of the sample mean varies from sample to sample.

Explanation:

We develop confidence interval for population mean because

a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough

B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.

4 0
3 years ago
Samantha has a loan with an interest rate of 6.67 percent now, but the rate could increase 2 percent next year. What lending ter
stiv31 [10]

Answer: 3 Variable Rate Loan.

The variable rate loan best describes the loan agreement because the rate can vary and become a different percent over the course of the loan agreement. When you agree to loan terms with variable interest rates it is important to remember when they will change and check the interest rate amounts at any given time over the course of the loan, sometimes the loan terms jump drastically if not paid by the initial given rate.

6 0
3 years ago
Read 2 more answers
Alpha began operations in 2015. It reported $500 in revenues. It reported $200 depreciation expense on its 2015 tax return; howe
user100 [1]

Answer:

$45

Explanation:

Calculation to determine What will be the balance in the DTL account in Alpha's 2015 balance sheet

Using this formula

Deferral Tax Liabiltiy balance =(2015 Reported depreciation expense on tax return-2015 Reported depreciation expense on income statement)*Tax rate

Let plug in the formula

Deferral Tax Liabiltiy balance=($200-$50)*30%

Deferral Tax Liabiltiy balance=$150*30%

Deferral Tax Liabiltiy balance=$45

Therefore What will be the balance in the DTL account in Alpha's 2015 balance sheet is $45

7 0
3 years ago
Describe the basic rights of common stockholders. What are the key differences between common and preferred stock?
Maslowich

Answer:

Common stockholders are otherwise known as ordinary shareholders. They have voting rights to appoint and remove directors. The also have the voting rights to appoint and remove auditors.

Common stockholders are legal owners of a company while preferred shareholders are not.

Common stockholders are entitled to residual earnings of a company while preferred stockholders receive their dividends before dividends on common stocks are paid.

Common stock holders bear the greatest risk in the event of liquidation of a firm than preferred stockholders

                                                                               

Explanation:

Common stock is not a fixed income security. As such, their dividends are not fixed. Common stock is a form of ownership of a firm, thus, common stockholders bear the highest risk in a firm. Common stock dividends may not be paid.

Preferred stock is a fixed income security. Therefore, preferred stockholders receive fixed dividends from time to time. Preferred stockholders' fixed claims are settled before the payment of dividend on common stock. In the event of liquidation. preferred stockholders have preference over common stockholders in the distribution of a company's assets.

3 0
4 years ago
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