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
A US company producing cell phones in Brazil would be counted in the measurement of the United States
stira [4]
GNP. So B is correct.

4 0
3 years ago
Why is it important to use the right strategies to beat competition?:​
Cloud [144]

Answer:

Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.

3 0
2 years ago
Which of the following cooking methods would produce food with a smoky, slightly charred flavor? A. Saut ing B. Grilling C. Roas
netineya [11]

Answer:

B

Explanation:

Grilling is the cooking method that would produce food with a smoky, slightly charred flavor.

8 0
3 years ago
Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2

= ($370,000 + $398,000) / 2

= $384,000

Then , the fixed assets turnover will be calculated as;

Fixed assets turnover = Net revenue / Average net fixed assets

= $1,340,000 / $384,000

= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

5 0
2 years ago
For a repayment schedule that starts at EOY four at ​$Z and proceeds for years 4 through 9 at ​$2Z​, ​$3Z​,..., what is the valu
Tamiku [17]

Answer:

$778.05625

Explanation:

The computation of the amount of repayment is shown in the attachment below:

Given that

Proceeds for year 4 through 9 at $2Z​, ​$3Z

The Principal of the loan amount = $10,000

Interest rate = 7% per year

Based on the given information, the value of Z or the amount of repayment is  

= Principal of the loan amount ÷ Total annuity

= $10,000 ÷ 12.85254119

= $778.05625

6 0
3 years ago
Other questions:
  • A drug interdiction program that successfully reduces the supply of illegal drugs in the United States likely will
    15·1 answer
  • f interest rates are rising in an economy, what might the relationship be between savings and investment that is causing this to
    11·1 answer
  • Identify the major task that must be mastered in early adulthood, according to levinson.
    5·1 answer
  • You have two equal investments that always have exactly opposite returns. how will your total value of both investments vary ove
    15·1 answer
  • Growth of specialization in the kinds of jobs people hold __________. has slowed dramatically since the 1970s, along with the de
    15·1 answer
  • A set of unique aspects of an organization that causes target consumers to patronize its firm rather than its competitors is cal
    12·1 answer
  • The member countries of BERPHO, a regional free trade area wanted to adopt a common currency, the "BERPH." The "BERPH" was model
    6·1 answer
  • Your company's health insurance plan costs $585 per employee per month. There are 64 employees. Another health insurance company
    10·1 answer
  • On December 1, a company accepted a $5,000, 4%, 90-day note. How much accrued interest will be recorded as an adjusting entry on
    11·1 answer
  • In contrast to _______ and _______ the obligations of corporations are separate and distinct from the personal obligations of th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!