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
sp2606 [1]
3 years ago
13

The American Opportunity tax credit:_____. A. is 50% of the first $1,200 of tuition and fees paid and 100% of the next $1,200. B

. Is available for 2 years of post-secondary education. C. Is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents. D. Is fully refundable even if the credit exceeds the tax liability.
Business
1 answer:
mamaluj [8]3 years ago
6 0

Answer:

C. Is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents

Explanation:

American Opportunity tax credit was called the HOPE credit. It is available for the first four years of an individual's post secondary school education.

It covers 100% of the first $2,000 cost for tuition, fees, books, and course material.

Items that do not qualify are room and board, transportation cost and personal expenses.

The tax credit is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents.

You might be interested in
An investor owned a 100-acre parcel that contained several natural asphalt lakes. A construction company was erecting highways f
Leona [35]

Answer: Yes

Explanation:

The construction company is entitled to compensation because it has a property right to enter and remove minerals.

The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.

7 0
3 years ago
Borghia Pharmaceuticals has $1 million allocated for capital expenditures. a. Which of the following projects should the company
balu736 [363]

Answer:

Please refer below the answer in detail

Explanation:

a)

With a limited budget, the firm will first pursue projects with the highest return, and the allocate the remaining capital to the project with the second highest return, and so on until all capital is fully allocated. Based on the information, Project 6 has the highest return, followed by 1 and 3. These three projects together will cost:

350,000 + 300,000 + 250,000 = $900,000

After those three projects, the firm will have $100,000 left. The best out of remaining project is 7, but it costs 400,000, which the firm cannot afford. The best affordable project is 4, which offers a return of 12.1%. Hence, the firm should spend the remaining 100,000 on project 4.

b)

The budget limit constraints the firm to give up project 7, which offers a NPV of $48,000. The firm is forced to choose project 4, which has a NPV of $14,000.

Thus the lost in market value of the firm = 48,000 - 14,000 = $34,000.

4 0
2 years ago
The _____ Act limits the types of assets commercial banks can buy; the amount of capital they must maintain; and the use of deri
Aneli [31]

Answer:

Dodd-Frank Act of 2010

Explanation:

The Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted as stated by its name to change how Wall Street worked (well not only Wall Street, but the financial system) and to specially protect the small investor. It was promoted by Senator Chris Dodd and Representative Barney Frank as a result of the great recession suffered between 2008 and 2010, which was primarily caused by an inefficient and sometimes even corrupt financial system. It is a very long and complex law, but it mainly places strict regulations on lenders, banks and other financial institutions.

6 0
2 years ago
​Scenario: Farm Country and Industry Country are two neighboring countries. Both countries produce only one​ good: good X. Produ
PIT_PIT [208]

Answer:

D. the same amount of capital and labor.

Explanation:

Based on the scenario being described within the question it can be said that the aggregate production functions will shift upward when​ the same amount of capital and labor. This is because the aggregate production function describes how real GDP within an economy depends on available inputs, such as the labor that is being put into production, and that labor needs capital.

7 0
3 years ago
Personal selling goals include finding prospects, convincing prospects to buy, and a. monitoring new products being developed. b
Serhud [2]

Answer:

Option C Keeping customers satisfied

Explanation:

The personal selling goals include keeping customers satisfied. This is the most important part of making sales. If your customers are satisfied with all the aspects of product from price to quality and the product is easily accessible and other factors, then there are greater chances that the product will keep its market share secure. And if the customer is not satisfied with the product then there are fewer chances of sales of this product to the same customer.

3 0
2 years ago
Other questions:
  • What budget item is NOT easy to lower if your salary is decreased?
    14·1 answer
  • Tropic beach balls, inc. is considering several investment options. if the company wants to maximize investment income, when is
    14·1 answer
  • American Express Company is a major financial services company, noted for its American Express® card. Below are some of the perf
    14·1 answer
  • Poornima is a 31-year-old professional basketball player. She finished her last season as a player 3 weeks ago and is currently
    8·1 answer
  • In​ 2007, Newmarket Inc. set as its annual production goal the manufacture of​ 125,000 units. By​June, the economy had declined
    6·1 answer
  • Sheffield Corp. sold some of its plant assets during 2021. The original cost of the plant assets was $904000 and the accumulated
    15·1 answer
  • Which of the following is not an assumption associated with the definition of a production function?
    6·1 answer
  • The EZ Lawn Corporation manufactures lawn equipment such as lawn mowers, blowers, and trimmers. The lawn equipment is assembled
    15·1 answer
  • At Sound Off!, a store that buys and sells used CDs, there is only one general partner, Sonia. She spends all her time running t
    12·1 answer
  • When conducting an independent audit the accountant is to evaluate a company's financial statements and?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!