Answer:
Child Tax Credit is given to taxpayers for each qualifying dependent child who is below 17 years old at the end of the tax year. The Child Tax Credit amount is $2000 per qualifying dependent. So here, Jennifer has two qualifying dependent child Sydney and Patrick who are under 17 before the end of the tax year. JoAnna does not qualifies for Child Tax Credit as her age is above 17 years for the tax year. So the total Child Tax Credit amount to Jennifer is $4000.
Option 4 is correct.
Answer:
work out a plan with its financial intermediaries
Explanation:
Based on the information provided within the question it can be said that in this situation the company should work out a plan with its financial intermediaries
. By doing so they would be able to clearly point out the problem and focus on it to be able to come up with a solution on how to obtain the credit that they need.
Answer:
Cash budget
Explanation:
A budget is a financial plan that calculates a firm's expectations and uses that information to allocate the expectations to specific needs of the firm, to ensure its efficient and smooth running over a given period of time.
A cash budget as seen above is a type of budget that projects a firm's expectations cash-wise (inflwo and outflow), shortages and surpluses during a given period (say one year or two years, etc.).
Cheers.
Answer:
Approximate price of marble statue in USD is:
= Price of statue * Foreign Currency Cost of one unit
= 1,700 * 0.9213
= US$1,566.21
<em>If the nominal exchange rate for the U.S. dollar–euro rises from $1.3457 to $1.547555 per euro, the euro </em><em><u>appreciated</u></em><em> in value, or </em><em><u>appreciated</u></em><em>, relative to the U.S. dollar.</em>
If this direct rate increases from $1.3457 to $1.547555 per euro, it means that one Euro can now buy more dollars than before which means that it gained/ appreciated in value relative to the USD.
For instance: Before the change, €10 = 10 * 1.3457 = $10.3457
After the change, €10 = 10 * 1.547555 = 10.547555
Euro therefore became stronger relative to the USD.
Answer:
At the end of the 4th year, the original $87,000 less an annual vacation expense of $10,000 would have compounded at an interest rate of 7% to become $69,640
Graduate school costs $24,060. The funds will expire after 2.9 years
Explanation:
Kindly refer to the attached document for clearer breakdown of the workings
