Economics because it has to deal with money, which is important for a career in business.
Answer: The investment is written down to fair value, and only the credit loss component of the impairment loss is recognized in net income.
Explanation: The fair value of the debt is simply its value if you adjust the price of the debt so that a buyer would be earning the market rate of interest. If the fair value of a debt investment that is classified as an available-for-sale investment declines for a reason that is viewed as "other than temporary" because the company has incurred a credit loss on the investment then the investment is written down to fair value, and only the credit loss component of the impairment loss is recognized in net income.
Answer:
The statement is: True.
Explanation:
The Annual Rate of Return or Yearly Rate of Return is the amount earned over an investment within one year. It is typically represented as a percentage and takes into consideration capital appreciation and the payment of dividends. The formula to calculate the annual rate of return is the following:
Annual Rate of Return = (EYP - BYP)/BYP X 100%
Where:
EYP = End of year price
BYP = Beginning of year price
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.
<span>This is color constancy. With this ability, a person can perceive and understand that a color exists under various external conditions, usually lighting or other types of distortion. It is thought to be due to specialized neurons in the primary visual cortex that allow us to make these declarations.</span>
