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daser333 [38]
2 years ago
5

What is your primary source of investment funds?

Business
1 answer:
ArbitrLikvidat [17]2 years ago
7 0

Answer:

A. Saving or personal income

Explanation:

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Paul and Karen Kent are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 this year). Paul and Karen h
VashaNatasha [74]

Answer:

$760

Explanation:

The tax credit for child and dependent care expenses allows working taxpayers to discount up to 35% of care expenses. The exact percentage that you are allowed to deduct depends on your income:

  • if you earn up to $15,000, you can discount 35% of dependent care expenses of up to $3,000 per child.
  • the percentage decreases for every $2,000 of income (1% decrease per every $2,000), until your income reaches $43,000 where it remains at 20%.

The Kent's earned $53,000 during the year, so they can claim up to 20% of their children's care expenses = $3,800 x 20% = $760

8 0
3 years ago
A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three diff
Bas_tet [7]

Answer:

the requirements are missing, so I looked for a similar question.

<em>a. How many fliers do you think the automobile dealership sent​ out? </em>

<em> b. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the expected value of the prize won by a prospective customer receiving a​ flier? </em>

<em> c. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a​ flier?</em>

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37

4 0
2 years ago
In an international transaction involving a bank as a third party, the exporter ships the product after:
nataly862011 [7]

Answer: the bank promises to pay on the importer’s behalf

Explanation:

8 0
2 years ago
Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $
aliya0001 [1]

Answer:

a. What is Forbes Division's residual income if Oscar does not acquire the new machine?

residual income = $3,550,000 - ($6,160,000 x 12%) = $2,810,800

b. What is Forbes Division's residual income this year if Oscar acquires the new machine?

residual income = $70,000 - ($9,190,000 x 12%) = -$1,032,800

c. If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year?

residual income = $5,167,000 - ($5,833,000 x 12%) = $4,467,040

In order to calculate net income, I assumed other depreciation remained the same for both years.

Explanation:

residual income = net income - (capital x cost of capital)

if new machine is not purchased:

net income = $3,550,000

cost of capital = 12%

capital = ($4,060,000 + $5,080,000) - depreciation $2,980,000 = $6,160,000

if new machine is purchased, current year's residual income

net income = $3,550,000 - $3,480,000 loss on disposal = $70,000

capital = ($4,060,000 + $5,080,000 + $6,510,000) - $5,080,000 - $1,380,000 = $9,190,000

if new machine is purchased, calculations for next year

net income:

sales revenue $17,754,000

variable costs ($2,010,000)

Fixed (all cash) ($7,220,000)

depreciation new machine ($1,977,000)

depreciation other ($1,380,000)

loss on disposal new machine ($3,480,000)

net income = $5,167,000

cost of capital = 12%

capital = ($2,680,000 + $6,510,000) - depreciation ($1,380,000 + $1,977,000) = $5,833,000

residual income = $5,167,000 - ($5,833,000 x 12%) = $4,467,040

3 0
3 years ago
The Baldwin Company currently has the following balances on their balance sheet: Total Assets $256,555 Total Liabilities $149,32
algol [13]

Answer: $80,242

Explanation:

Common stock = Assets - Liabilities - Retained earnings

Assets next year = 256,555 + 55,000

= $311,555

Liabilities remain unchanged.

Retained earnings

= Opening retained earnings + Net income - dividends

= 49,793 + 44,200 - 12,000

= $‭81,993‬

Common stock next year;

= 311,555 - 149,320 - 81,993

= $80,242

8 0
2 years ago
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