25,000 shares authorized
12,000 shares issued
10,000 shares of common stock outstanding
0.50 per share cash dividend on its common stock outstanding
Declaration of dividends on its common shares.
10,000 * 0.50 = 5,000
Debit Credit
Retained Earnings 5,000
Dividends Payable 5,000
The answer is 562.754405
The total amount she will have to pay back in four years is. 562.754405
Answer:
(36 /60 ) * 100
Explanation:
Based on the information given the capacity utilization percentage will be :
Capacity utilization percentage= (36 /60 ) * 100
Capacity utilization percentage=60%
Where,
36 per day represent Actual repairs number
60 repairs per day represent Design capacity
Therefore capacity utilization percentage is (36 /60 ) * 100
Answer: $3,500
Explanation:
The American Opportunity Tax Credit is a credit offered by the IRS for educational expenses paid on qualified students in their first 4 years of tertiary education.
The credit offered stands at a 100% of the first $2,000 paid per student. Afterwards this drops to 25% for the next $2,000.
To be able to claim the full credit however, some income conditions must be met. The most relevant to this question is that your Modified Adjusted Gross Income (MAGI) should be $80,000 or less if filing singularly or $160,000 or less if jointly signing as a married couple.
That means that Kyle and Alyssa qualified for 100% of this credit.
They get to claim $1,000 on Jane.
For Jill they get to claim the first $2,000 and then 25% of the next $2,000,
= 25% * 2,000
= $500
= 500 + 2,000
= $2,500
They get to claim $2,500 on Jill.
Total of $3,500 for both Jane and Jill.
