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3 years ago

Benjamin and Amelia Hopkins have been married since 2016.

Business

1 answer:

Neporo4naja [7]3 years ago

3 0

Answer:

1. c. Both a and b

2. a. Yes, because Benjamin has a Social Security number.

Explanation:

According to tax laws, you can claim a child tax credit for an American dependant below the age of 17 which qualifies Harper for it. Evelyn however qualifies for a Credit for other dependents as she is a resident alien and has an Individual Taxpayer Identification Number (ITIN).

Because Benjamin has a Social Security Number, the Hopkins are indeed eligible to claim an earned income credit. Married couples filling jointly can claim the credit if either of them are U.S. citizens with a valid Social Security number.

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Answer:

C. 7.81%

Explanation:

Stock A and Stock B expected Return shall be calculated using the following formula:

Stock A/B expected [email protected]*Return at [email protected]*Return at [email protected]*Return at Recession.

Stock A return=0.21*18.9%+0.74*15.8%+0.05*-24.6%

=14.43%

Stock B return=0.21*9.7%+0.74*7.6%+0.05*4.2%

=7.87%

Market risk premium=(Stock A Return- Stock B return)/0.84

Market risk premium=(14.43%-7.87%)/0.84=7.81%

So Based on the above explanation, the answer shall be C. 7.81%

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3 years ago

On January 1, 2021, Strato Corporation borrowed $2 million from a local bank to construct a new building over the next three yea

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Answer:

Period Installment Interest Paid Capital Paid Balance

January 1, 2021 $2,000,000

December 31, 2021 $776,067 $160,000 $616,067 $1,383,933

December 31, 2021 $776,067 $110,715 $665,352 $718,581

December 31, 2021 $776,067 $57,486 $718,581 0

Explanation:

First clearly identify the parameters of the Loan

PV = $2,000,000

N = 3

PMT = - $776,067

P/YR = 1

i = 8%

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<u>Step 2</u>

Since there is no missing parameter, we can then move on to construct our loan amortization schedule.

Period Installment Interest Paid Capital Paid Balance

January 1, 2021 $2,000,000

December 31, 2021 $776,067 $160,000 $616,067 $1,383,933

December 31, 2021 $776,067 $110,715 $665,352 $718,581

December 31, 2021 $776,067 $57,486 $718,581 0

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3 years ago

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A cycle or series of cycles of economic expansion and contraction.

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Negative attitude can lead to high turnover

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2 years ago

uring 2019, Zigma Company earned service revenue amounting to $810,000, of which $650,000 was collected in cash; the balance wil

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Answer:

$810,000

Explanation:

Based on the information given we were told that the during the year 2019 the Company earned service revenue that was amounting to the amount of $810,000 which simply means that the amount that the year 2019 income statement of the company should report for service revenue will be the amount of money or cash that the Company earned as service revenue which is $810,000.

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3 years ago