in 2022, santiago and amy are married and file a joint tax return. they have three dependent children, ages 12, 14, and 19. all parties are u.s. citizens. the couple's agi is $140,000. determine any available child tax credit and dependent tax credit. santiago and amy's child tax credit for 2022 is $fill in the blank 1 4,000 and dependent tax credit is $
Answers
Santiago and Amy's AGI is below the $400,000 phaseout barrier, so the whole $4,500 credit ($4,000 adding $500) is valid.
For married couples filing jointly, what is the child tax credit cutoff?If your modified AGI in 2021 reaches $150,000 if you are married and filing a joint return, or $112,500 if you are filing as a qualifying widow or widower, or $75,000 if you are single or married and filing a separate return, the Kid Tax Credit starts to be cut to $2,000 per child.For both of their children, who are 12 and 14, Santiago and Amy are eligible for a child tax credit of $2,000 ($2,000 x 2 kids), or $4,000 total. The parent's 18-year-old child is also entitled for a $500 dependent tax credit (this child is not under age 17 and, therefore, not eligible for the child tax credit).Santiago and Amy's AGI is below the $400,000 phaseout barrier, so the whole $4,500 credit ($4,000 + $500) is valid.To learn more about Kid Tax Credit refer to:
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Related Questions
The next dividend payment by Dizzle, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever. If the stock currently sells for $49.30 per share, what is the required return
Answers
Answer:
10.78%
Explanation:
The next dividend payment for Dizzle incorporation is $2.85
The growth rate is 5%
Current stock price is $49.30
Therefore the required return can be calculated as follows
= dividend payment/stock price + growth rate
= 2.85/49.30 + 5/100
= 0.0578 + 0.05
= 0.1078 × 100
= 10.78%
Answer:b9.89
Explanation:
10-.11=9.89
Which answer best illustrates what trade-offs are?
Answers
Which of the following file extensions can the browser render with no help from any other software?
Answers
A file with the extension.html may be opened in a browser even if the browser does not have any additional software or extensions installed.
Simply clicking on the file will cause it to open in your browser, at which point it will display the content that is included inside the file.
What is a web browser extension?Generally, A web browser may have its functionality enhanced via the installation of add-ons known as extensions.
The majority of browsers support a diverse range of extensions, which may include changes to the user interface, cookie management, the banning of advertisements, and the custom scripting and design of web pages.
It is possible for a browser to open a file that ends in.html even if the browser does not have any extra software or extensions installed.
Simply clicking on the file will cause it to open in your browser, at which time it will show the content that is included inside the file. Clicking on the file will cause it to open in your browser.
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why does my target get no visitors?
Answers
Answer:
I'll be on my way!!!!
Explanation:
Low visibility: If your target is not being promoted effectively or is not easily discoverable online, then it may be difficult for people to find and visit it.
Inadequate marketing: If you are not marketing your target effectively through various channels, such as social media, email marketing, or paid advertising, then you may not be reaching your intended audience.
Poor website design: If your website is difficult to navigate, has slow load times, or lacks relevant content, then visitors may be less likely to engage with your target.
Lack of interest: It is possible that your target does not appeal to your intended audience, or that there is not enough demand for the type of content or product you are offering.
Competition: If there are many other similar websites or targets that are already established and have a strong following, then it may be challenging to compete for visitors.
Tells us why you would be a great team member and what sets you apart from other candidates
Answers
Sorry but you need to answer this one bud. I would help you if I could but I don't know what makes you, well you. :)
WBS allows you to estimate Non-working times for each task?
True or false
Answers
WBS allows you to estimate Non-working times for each task. The above statement is true.
What is the Work breakdown structure?In project management as well as systems engineering, a work breakdown structure is a deliverable-focused division of a project into more manageable parts. An essential project deliverable that divides the team's work into digestible chunks is a work breakdown structure.
A project management method called a work breakdown structure (WBS) uses a step-by-step process to finish big projects with many moving parts. A WBS can combine scope, cost, and deliverables into one tool by segmenting the task into smaller parts.
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Performance management includes standards for measuring how well
individual performance supports the company's goals, practices for
measuring performance against those standards, and .
O A. procedures for giving feedback to employees
0 B. preparation for moving into managementjobs
O C. hands-on learning methods
0 D. presentations by a trainer
Answers
the answers A, procedures for give feedback to employees.
Performance management includes standards for measuring how well individual performance supports the company's goals, practices for measuring performance against those standards, and procedures for giving feedback to employees.
What is an employee?
A worker or manager who works for a business, group, or community is referred to as an employee. The organization's personnel consists of these people. There are various types of employees, but in general, any individual engaged by an employer to do a specific task in exchange for remuneration is considered an employee.
An employee benefit plan known as a pension is one that offers retirement income or postpones income until the end of covered employment or beyond. It may be developed or managed by an employer, an employee group (such as a union), or both.
The process of ensuring that a set of actions and outputs achieves the objectives of an organization effectively and efficiently is known as performance management. Performance management can be used to evaluate an employee, a department, a whole business, or the systems in place to handle certain tasks.
Therefore, Thus option (A) is correct
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A company purchases $200 worth of equipment using a business line of
credit. Since this is a liability, which of the following should be included in this
transaction?
Answers
The effect of the company's purchase of the machine on credit will lead to an increase in assets as it's a liability and the company now owes money for the purchase of the machinery.
How is the accounting equation affected?The accounting equation is:
Assets = Liabilities + Owner's equity
When a company purchased a machine, this would go to the assets as machinery is a fixed asset. As the assets increase, there would need to be a source of this increase.
In this case, the company bought the machine on credit which means it's a liability and the company now owes money for the purchase of the machinery.
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What are the disadvantages of centralization of authority
Answers
Answer:
abuse of authority.
not smooth functioning.
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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The December 31, 2021 balance sheet accounts of the Apple Company are shown here in alphabetical order:
Accounts payable $ 22,400 Current taxes payable $10,400
Accounts receivable 21,500 Discount on bonds payable 6,900
Accumulated depreciation: buildings 53,000 Equipment 72,400
Accumulated depreciation: equipment 35,100 Inventory 37,200
Additional paid-in capital on Land 30,000
common stock 24,000 Marketable securities (short-term) 6,100
Additional paid-in capital on Patents (net) 9,800
preferred stock 11,500 Preferred stock, $100 par 21,000
A]lowance for doubtful accounts 800 Retained earnings 46,200
Bonds payable (due 2021) 77,000 Salaries payable 2,000
Buildings 144,000 Trademarks 2,600
Cash 2,900
Common stock, $10 par 30,000
REQUIRED:
Prepare the December 31, 2021 Classified Balance Sheet of the Apple Company in proper form
Answers
APPLE COMPANY
Classified Balance Sheet
December 31, 2021
ASSETS
Current assets:
Cash $ 2,900
Accounts receivable 21,500
Inventory 37,200
Marketable securities (short-term) 6,100
Total current assets $ 67,700
Property, plant, and equipment:
Buildings $144,000
Less: Accumulated depreciation (53,000)
Equipment 72,400
Less: Accumulated depreciation (35,100)
Net property, plant, and equipment $128,200
Other assets:
Land (net) $ 30,000
Patents (net) 9,800
Trademarks 2,600
Total other assets $ 42,400
Total assets $238,300
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 22,400
Current taxes payable 10,400
Salaries payable 2,000
Total current liabilities $ 34,800
Long-term liabilities:
Bonds payable (due 2021) $ 77,000
Discount on bonds payable (6,900)
Total long-term liabilities $ 70,100
Total liabilities $104,900
Stockholders' equity:
Common stock, $10 par $ 30,000
Preferred stock, $100 par 21,000
Additional paid-in capital on
Common stock and Preferred stock 61,500
Retained earnings 46,200
Total stockholders' equity $158,700
Total liabilities and stockholders' equity $238,300
Explain briefly the purpose
of the Computer Management Console in Microsoft Windows.
Answers
Answer:
computer management is Microsoft's answer.
name three benefits of being a for-profit business
Answers
Answer:
Owner Income
Owner Income
Company Morale
Explanation:
hope this helped please give brainliest.
If Damien loses his job due to injury, he worries that his family won’t be able to survive without his income. He decides to purchase disability insurance that will provide money for him and his family if he should ever become physically unable to work. By purchasing this type of insurance, from which type of risk is Damien trying to protect himself?
A.
property risk
B.
liability risk
C.
inheritance risk
D.
personal risk
Answers
Damien is trying to protect himself from personal risk by purchasing disability insurance. Hence, Option (D) is correct.
Personal risk refers to the possibility of experiencing a loss in an individual's ability to earn income due to factors such as illness, injury, or disability.
In Damien's case, his concern about losing his job due to injury highlights the potential personal risk he faces. If he becomes physically unable to work, his income could be significantly impacted, which could have severe financial consequences for his family.
By purchasing disability insurance, Damien is taking steps to mitigate the potential loss of income in the event of a disability, ensuring financial support for himself and his family during such circumstances.
Thus, Damien is trying to avoid personal risk on account of any fatal injuries.
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Answer:
d
Explanation:
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Why do Keynesian economists emphasize AD, whereas classical economists emphasize AS?
Answers
Keynesian economists emphasize Aggregate Demand , whereas classical economists emphasize Aggregate Supply because he emphasis on Fiscal policy rather than monetary policy.
How is Keynesian economics different from classical economics?
Classical economics places little emphasis on the use of fiscal policy to manage aggregate demand. Classical theory is the basis for Monetarism, which only concentrates on managing the money supply, through monetary policy. Keynesian economics suggests governments need to apply fiscal policy, especially in a recession
Classical economics emphasizes the fact that loose markets result in an efficient outcome and are self-regulating.In macroeconomics, classical economics assumes the longer term aggregate deliver curve is inelastic; therefore any deviation from full employment will only be temporary.The Classical model stresses the importance of limiting government intervention and striving to keep markets free of potential limitations to their efficient operation.Keynesians argue that the financial system may be under complete capacity for a giant time because of imperfect markets.Keynesians place a extra role for expansionary monetary coverage (government intervention) to conquer recession.Learn more about economics https://brainly.com/question/28208676
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how can I draw the circular flow of Income in an open economy?
Answers
The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.
The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.
The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.
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Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Answers
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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When an existing contract is replaced with an entirely new contract , it is called
Answers
Answer:
novation
Explanation:
Economic theory assumes that people act rationally and maximize their total satisfaction. Explain this proposition and discuss whether people who spend 30 days a year commuting fulfil these assumptions.
Answers
Indeed, the proposition is that people act rationally and maximize their total satisfaction when making decisions.
What is rational behavior?Rational behavior is a decision-making process that results to optimal benefits or utility for the decision-maker. The assumption of rational behavior implies that decision-makers make choices to benefit them above the marginal costs of such decisions.
Thus, people who spend 30 days per year in commuting actually fulfill the rational assumption, because they derive maximum marginal benefits visa-a-vis commuting more or less than 30 days annually.
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Where can Costco improve? Should it offer more products or advertise more? Why or why not?
Answers
Answer:
Costco should advertise more.
Explanation:
Costco is following traditional ways to advertise its products. Most of the organizations prefer to spend huge sums of money on advertising its products. Costco should advertise its products and reach out to its customers and potential customers through marketing. It spends no budget on advertising. It only sends targeted emails to its existing customers. This strategy will not enhance its customer portfolio and new customers might not reach out the company.
Answer:
where can Costco improve
xplanation:
the graph at right shows the situation after the u.s. removes a tariff on imports of canned tuna.
A. C.
B. A+B+C+D.
C. A.
D. B+C+D.
Which area shows the loss in producer surplus?
A. B+C+D.
B. A+B.
C. A.
D. A+B+C+D.
Which area shows the loss in government tariff revenue?
A. A.
B. C.
C. A+B+C+D.
D. B+C+D.
Which areas show the reduction in deadweight loss?
A. B+C+D.
Answers
The graph that shows the situation when the U.S. removes a tariff on imports of canned tuna shows that the gain in consumer surplus is B. A+B+C+D.
The area which shows the loss of producer surplus is C. A.
The area which shows the loss in government tariff revenue is B. C.
The area showing a reduction in deadweight loss is B+D.
What happens when a tariffs are lifted ?When a tariff is lifted, the price of the good or service usually decreases, which increases consumer surplus. Consumers are able to purchase the same goods and services for a lower price, which results in a larger consumer surplus.
The price of the good or service usually decreases, which decreases producer surplus. Producers receive a lower price for the same goods and services, which results in a smaller producer surplus.
The government no longer receives revenue from that tax. Therefore, government revenue decreases when a tariff is lifted. The market becomes more efficient as the price of the good or service decreases, this leads to a decrease in deadweight loss.
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Suppose that a country has no public debt in year 1 but experiences a budget deficit of $50 billion in year 2, a budget deficit of $30 billion in year 3, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4.
What is the absolute size of its public debt in year 4?
If its real GDP in year 4 is $104 billion, what is this country?
Answers
Answer:
The absolute size of its public debt in year 4 is $72 billion.
The GDP is 69.23% of the GDP.
Explanation:
The Public debt can be calculated as follow
Public debt = Total Deficits - Total Surpluses
Where
Total Deficits = Budget deficit in year 2 + Budget deficit in year 3 + Budget deficit in year 4 = $50 billion + $30 billion + $2 billion = $82 billion
Total Surpluses = Budget surplus in year 3 = $10 billion
Placing valeus in the formula
Public debt = $82 billion - $10 billion = $72 billion
Use the following formula to calculate the percentage of public debt to GDP
Public debt to GDP = Total Public debt in year 4 / GDP in year 4
Public debt to GDP = $72 billion / $104 billion
Public debt to GDP = 0.6923
Public debt to GDP = 69.23%
under manufacturing what are the following national and international business opptunities
Answers
When nations cannot successfully produce a true or service, they can seek to acquire it through trade with every other country. These opportunities to specialize regularly lead to greater effectivity in production, greater levels of innovation, and extended satisfactory of development.
Which of the following is are kind kinds of global enterprise *?The fundamental sorts of International business include: Export Trade: Selling products and services to different nations. Import Trade: Buying items and offerings from different countries. Entrepot Trade: Importing items and offerings to re-export them to other nations.
Attract foreign demand: Some companies are unable to extend their market share due to fierce competition within the enterprise
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https://brainly.com/question/14926566#SPJ1Add the following and reduce to lowest terms 3/9+3/9
Answers
Steps to solve:
3/9 + 3/9
~Add
6/9
~Simplify
2/3
Best of Luck!
Answer:
2/3
Explanation:
3/9 + 3/9 = 6/9 = 2/3
Here is an Example of a Master Schedule for producing a gear box. Which schedule is more efficient? Here is an Example of a Master Schedule for producing a gear box. Which schedule is more efficient? Schedule A: Setup cost= 3 orders $90 + Inventory cost of $88 2 Schedule B: Setup cost = 2 orders $45 plus Inventory cost of $74 1 Question at position 3 3 1 point
Answers
From the schedule used, the one that is most cost efficient is B. The cost of production is lower at 164 compared to A which is 446
What is cost efficiencyThis is a term that has to do with how much a firm would want to produce a good or a service by reducing the costs that they used to the barest minimum.
In order to do this, the benefits accrued from the output is usually compared to the cost of production.
We have to solve for cost for both
Cost of setup A
= 3 x 90 + 88 x 2
= 446
For cost B
2 x 45 + 74 x 1
= 164
The cost B is the one that is most efficient
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Overinflated tires are more prone to _____.
A. hydroplaning
B. deflating slowly
C. blowouts
D. catching on fire
Answers
Answer:
Blowouts
Explanation:
It is because it pops easier
blow outs its easy to explode
If you spent $500,000 purchasing a stock on the profit for that year was $100,000 what is the return on investment
Answers
Answer:
njhbgytfr
Explanation:
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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In the project initiation phase, which document contains high-level details of the proposed project? A. project plan B. project proposal C. business justification D. proposal summar
Answers
In the project initiation phase, the project proposal is known to contains high-level details of the proposed project.
What is a project proposal?This is a project document that is known to carry all of the details that the project is supposed to have.
The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.
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Answer:
The answer is B. project proposal
Explanation: