g in 2022, ivanna, who has three children under age 13, worked full-time while her spouse, sergio, was attending college for nine months during the year. ivanna earned $51,900 and incurred $6,125 of child care expenses. click here to access the percentage chart to us for this problem. determine ivanna and sergio's child and dependent care credit.
Answers
Ivanna and Sergio's child and subordinate care credit is $1,747.
The most extreme child and subordinate care credit for 2022 are $6,000 for families with two or more qualifying children.
Ivanna and Sergio have three children, so they are qualified for the most extreme credit. Their pay is underneath the salary edge for the credit, so they will get the complete credit.
The rate of costs that can be utilized to calculate the credit is based on the taxpayer's pay. Ivanna and Sergio's pay is below the upper-income edge for the credit, so they will get a credit of 35% of their costs.
Their childcare costs were $6,125, so they will get a credit of $1,747.
Here is the calculation:
Most extreme credit = $6,000
Rate of costs = 35%
Expenses = $6,125
Credit = (Rate of costs) * (Costs)
Credit = (35%) * ($6,125)
Credit = $1,747
Therefore Ivanna and Sergio's child and dependent care credit is $1,747
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Related Questions
When talking about personal finances, dave ramsey says, "you will either manage your money or the lack of it will:.
Answers
Personal finance is the financial management of an individual's budget, savings, and investments. As Dave Ramsey says, "You will either manage your money or the lack of it will manage you." Here's what this means: Financial stability is vital to achieving our goals and leading a stress-free life.
The way we manage our money determines whether we can meet our financial goals, pay our bills on time, or save for future expenses. It's challenging to maintain a comfortable lifestyle without financial stability. Unfortunately, many individuals are unable to manage their money correctly. They frequently lack financial planning, which causes them to experience difficulties and financial crises. As a result, Dave Ramsey's saying holds significance. It reminds us that it's essential to have a financial plan and be careful with our money. It encourages us to prioritize our spending, save money, and invest our money wisely. In essence, it's a call to be proactive and make sound financial decisions, not just react to financial difficulties when they arise.
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What must be shown to prove negligence that is not needed to prove strict
liability?
A. Injury
B. Fault
C. Stream of commerce
D. Defective product
Answers
Answer:
A. Injury
Explanation:
Given that for strict liability, the defendant is only liable to accidents he or she causes, that is to prove strict liability, the plaintiff must show
cause and damages. Whereas on negligence, it is required of a plaintiff to show duty, breach, cause, and injuries.
Hence, what must be shown to prove negligence that is not needed to prove strict is "Injury" as it covers a lot of factors including both cause and damages of strict liability.
Answer:
A.P.E.X is D
Explanation:
why is the quality of standards/services of products usually low for a domestic business?
Answers
Answer:
Domestic Business requires comparatively less capital investment as compared to international business. Domestic Business has few restrictions, as it is subject to rules, law taxation of a single country. As against this, international business is subject to rules, law taxation, tariff and quotas of many countries and therefore, it has to face many restrictions which are barriers in the international business. The nature of customers of a domestic business is more or less same.
Explanation:
Hope it helps you
A $20 bill features which of the following on the reverse?
A. US Treasury
B. White House
C. US. Capital
D. Independence Hal
Answers
Answer:
B. White House
Explanation:
A portrait of the White house is the main feature visible at the reverse of a $20 bill. The bill has security features, but the White house Image is dominant. At the front, a portrait of the 7th US president Andrew Jackson is visible
two benefits of good customer service
Answers
Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Answers
Japan
A foreign currency option contract traded on u.s. exchanges allows for the sale or purchase of a set amount of?
Answers
A foreign currency option contract traded on U.S. exchanges allows for the sale or purchase of a set amount of foreign currency. Call option , put option are two foreign currency contracts .
In these contracts, the buyer of the option gains the right (but not the obligation) to either buy or sell a specific amount of foreign currency at a predetermined exchange rate (known as the strike or exercise price) on or before a specified date (known as the expiration date).
There are two types of foreign currency option contracts:
Call Option: This gives the buyer the right to buy the specified amount of foreign currency at the agreed-upon exchange rate on or before the expiration date.Put Option: This gives the buyer the right to sell the specified amount of foreign currency at the agreed-upon exchange rate on or before the expiration date.These foreign currency options provide a way for individuals and businesses to hedge against exchange rate fluctuations and manage currency-related risks in international trade and investment.
The option contract's set amount represents the quantity of foreign currency that the contract covers, and it is predetermined at the time of the contract's creation
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Explain the significance of the Production Possibility
Curve or PPC in the progress and development of a country's
economy. Cite specific examples
Answers
The PPC is significant in a country's economy as it shows the maximum production possibilities, trade-offs, and opportunity costs, aiding resource allocation and development decisions.
The Production Possibility Curve (PPC) demonstrates the concept of scarcity and the need to make choices in resource allocation. By showcasing the production limits and trade-offs, it helps policymakers, businesses, and individuals understand the efficiency of resource utilization and make informed decisions. For example, a country with a PPC that is biased towards producing capital goods (e.g., machinery, and infrastructure) can prioritize investments for long-term economic growth. Conversely, a country with a PPC favoring consumer goods (e.g., food, clothing) may focus on satisfying immediate needs. The PPC also reveals the potential for economic growth by depicting shifts outward due to technological advancements or resource improvements. Overall, the PPC serves as a crucial tool for economic planning, resource allocation, and evaluation of a country's development progress.
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On January 1, 2019, Oriole Company purchased furniture for $7800. The company expects to use the furniture for 3 years. The asset has no salvage value. The book value of the furniture at December 31, 2020 is
A) $7800.
B) $0.
C) $2600.
D) $5200.
Answers
The book value of the furniture on December 31, 2020, is $2,600. Book value refers to the value of an asset as reported on a company's financial statements. Therefore, the correct answer is option C.
To calculate the book value of the furniture on December 31, 2020, we need to know the depreciation expense for the years 2019 and 2020. Using the straight-line method, we can determine the annual depreciation expense as follows:
Depreciation expense = (Cost of asset – Salvage value) / Useful life
Depreciation expense = ($7,800 – $0) / 3 years
Depreciation expense = $2,600 per year
Therefore, the accumulated depreciation for the furniture on December 31, 2020, is $5,200 ($2,600 x 2 years). The book value of the furniture on December 31, 2020, can be calculated as:
Book value = Cost of asset – Accumulated depreciation
Book value = $7,800 – $5,200
Book value = $2,600
Hence, the correct option is C) $2600.
In summary, the book value of the furniture purchased on January 1, 2019, and expected to be used for three years with no salvage value is calculated as the difference between the cost of the asset and accumulated depreciation.
Using the straight-line method, we can calculate the annual depreciation expense and then determine the accumulated depreciation. The book value of the furniture on December 31, 2020, is $2,600. Therefore, the correct answer is option C.
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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.
Answers
Answer: demand decreased
and
it has fallen
Explanation:
hope this helps <3
Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.
What is exchange rate?The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.
Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.
Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.
One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.
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You have three electricians. Electrician #1 works 20 hours and installs 30 lights. Electrician #2 works 30 hours and installs 35 lights. Electrician #3 works 40 hours and installs 40 lights. Which electrician is the most efficient in installing lights?
Answers
Answer:
electricians 1
Explanation:
This covers both the installation of new electrical systems and the modification of existing ones. These include installing new lighting fixtures, so a licensed contractor is required.
What is the role of electricians in installing lights?To ensure that the light fixture will stay in place, they must make sure that it is securely fastened to the wall or ceiling.
In order for the light fixture to have the electricity it needs to function, they will also need to connect the electrical wiring to it.
Unless you have prior electrical experience, you should always hire a licensed electrician for any electrical installation, including installing a light fixture.
Therefore, Electrician #1 works 20 hours and installs 30 lights. Electrician is the most efficient in installing lights.
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4. Suppose the cross-price elasticity of demand for pork with respect to the price of
chicken is equal to +0. 4. What does this tell you about the relationship between pork
and chicken (substitutes, complements)? What will happen to consumption of pork if
the price of chicken falls by 20%?
Answers
Cross-price elasticity of demand is a measure of how responsive the demand for one good is to a change in the price of another good. A positive cross-price elasticity of demand indicates that the two goods are substitutes, meaning that an increase in the price of one good leads to an increase in the demand for the other good, while a decrease in the price of one good leads to a decrease in the demand for the other good.
In this case, the cross-price elasticity of demand for pork with respect to the price of chicken is equal to +0.4, indicating that pork and chicken are substitutes. This means that an increase in the price of chicken will lead to an increase in the demand for pork, while a decrease in the price of chicken will lead to a decrease in the demand for pork.
If the price of chicken falls by 20%, the demand for pork will increase due to the positive cross-price elasticity of demand. However, the extent of the increase in demand will depend on the size of the cross-price elasticity of demand. In this case, a 20% decrease in the price of chicken will lead to a 0.4 x 20% = 8% increase in the demand for pork. Therefore, the consumption of pork will increase by 8% if the price of chicken falls by 20%.
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Prior to 1990, the United States imposed a tax, known as a(n) ________, on automobiles imported from Mexico. Multiple Choice licensing fee tariff import quota embargo export quota
Answers
Prior to 1990, Mexico-origin automotive imports were subject to a tariff, which is a type of tax.
What is tax shortened?The definition of tax given by the Britannica Dictionary is: an amount of cash that a government imposes on citizens in proportion to their income, the worth of their land, etc., that is used fund the government's activities.
Why do we have to pay taxes?Taxes are used by governments to pay finance internal operations, infrastructure improvements, public health, education, and security. Certain common tax lingo can be confusing. Understanding what these mean will improve our comprehension of how taxes operate and are determined.
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Where can you take DMV
examinations, and what type of
examination are there?
Answers
A safety management system's risk management process depends upon an accurate and consistent method of?
Answers
A safety management system's risk management process depends upon an accurate and consistent method of assessing and evaluating risks.
This involves identifying potential hazards, analyzing their likelihood and severity, and determining appropriate controls to mitigate the risks.
To ensure accuracy and consistency, organizations often adopt standardized risk assessment methodologies such as the Hierarchy of Controls, Risk Matrix, or Failure Mode and Effects Analysis (FMEA). These methodologies provide a structured approach to systematically identify, analyze, and prioritize risks based on their potential impact.
An accurate and consistent risk management method helps organizations in several ways. It allows them to prioritize risks based on their severity and likelihood, allocate resources effectively, and implement appropriate control measures. It also facilitates continuous improvement by enabling organizations to learn from past incidents and near-misses.
By using a standardized risk management process, organizations can ensure that risks are systematically identified, assessed, and controlled, thereby enhancing safety and preventing incidents.
In summary, a safety management system's risk management process depends upon an accurate and consistent method of assessing and evaluating risks. This ensures that risks are effectively identified, prioritized, and controlled to enhance safety within an organization.
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Which dot plot shows three TV's in two houses? A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 1 dot, 1 has 2 dots, 2 has 3 dots, 3 has 2 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 and 1 dot, 1 has 2 dots, 2 has 2 dots, 3 has 3 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 0 dots, 1 has 3 dots, 2 has 2 dots, 3 has 3 dots, and 4 has 1 dot. A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 1 dot, 1 has 2 dots, 2 has 4 dots, 3 has 3 dots, and 4 has 1 dot.
Answers
Answer:
The answer is "The first choice".
Explanation:
Please find the graph file of the given question:
In the given question the first choice is correct because in the graph it has 3 dots, which denotes the (tv's) in 2 that is equal to the two houses.
Answer:
The answer is A.)
Explanation:
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Coral Company exchanged equipment used in its manufacturing operations plus $224 in cash for similar equipment used in the operations of Salmon Company. Assume that the exchange has commercial substance. The following information pertains to the exchange. Coral Company Salmon Company Equipment (cost) $3,136 $ 3,136 Accumulated depreciation 2,128 1,120 Fair value of equipment 1,512 1,736 Cash given up 224 Instructions Prepare the journal entry to record the exchange on the book of Coral Company.
Answers
The following would be the journal entry to record the exchange on the book of Coral Company.
Charge: Amassed Cheapening ($2,128)Charge: Gear to induce freed of the ancient equipment's carrying esteem ($1,008) Charge: Equip (to record the reasonable worth of the modern equipment) ($1,512)Credit: Cash ($224)Credit: Equip (to keep the qualification in reasonable worth) ($352)How the journal entry on the exchange of the book of Coral Company was recorded.To urge freed of the ancient equipment's amassed devaluation, the Collected Devaluation account is depleted.
To record the unused equipment's reasonable esteem ($1,512) and kill the ancient equipment's carrying value ($3,136 - $2,128 = $1,008), the Gear account is charged.
The Money account is credited with the cash surrendered ($224).
The distinction between the carrying value of the ancient gear and the unused equipment's reasonable value is credited to the Hardware account ($2,24; 1,736 - $1,512).
The evacuation of the ancient equipment's carrying esteem, acknowledgment of the unused equipment's reasonable esteem, and any cash traded within the exchange are all accounted for in this journal entry
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state 3 typical land uses in rural-urban fringe
Answers
Answer:
The urban-rural fringe contains a mixture of land use. this includes residential areas, recreational facilities such as golf courses and farming. These areas tend to contain areas of better quality housing. Gardens and houses are larger due to lower land values and more open space.
Answer:
The urban-rural fringe contains a mixture of land use. this includes residential areas, recreational facilities such as golf courses and farming. These areas tend to contain areas of better quality housing. Gardens and houses are larger due to lower land values and more open space.
Explanation:
HOPE IT HELPS YOU .....
good and services are?
Answers
Answer:
A GOOD is an object people want that they can touch or hold. A SERVICE is an action that a person does for someone else. Examples: Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.
Explanation:
Answer:
things that are imported and exported for business purposes
Explanation:
Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answers
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
We have this project in my business class, we have to come up with a store/business. I choose a candy store but I can’t think of any fine names. Can someone help me come with a name please?
Answers
Answer:
Candy Crush
Explanation:
Its catchy
Answer:
The Sweete Shoppe
The Lolly Pop
50 Shades of Candy
Explanation:
what are the pros and cons of being a program director
Answers
Answer:
Con- it takes a looong time
the production budget for manner company shows units to produce as follows: july, 620; august, 680; and september, 540. each unit produced requires two hours of direct labor. the direct labor rate is budgeted at $20 per hour in july and august, but is budgeted to be $21 per hour in september. prepare a direct labor budget for the months july, august, and september.
Answers
To prepare a direct labor budget for the months of July, August, and September for Manner Company, we need to use the units to be produced and the direct labor rate.
Detailed answer:
1. July:
- Units to be produced: 620
- Direct labor required per unit: 2 hours
- Total direct labor hours required: 620 x 2 = 1240 hours
- Direct labor rate: $20 per hour
- Direct labor cost: 1240 x $20 = $24,800
2. August:
- Units to be produced: 680
- Direct labor required per unit: 2 hours
- Total direct labor hours required: 680 x 2 = 1360 hours
- Direct labor rate: $20 per hour
- Direct labor cost: 1360 x $20 = $27,200
3. September:
- Units to be produced: 540
- Direct labor required per unit: 2 hours
- Total direct labor hours required: 540 x 2 = 1080 hours
- Direct labor rate: $21 per hour
- Direct labor cost: 1080 x $21 = $22,680
Therefore, the direct labor budget for July, August, and September for Manner Company is as follows:
July: $24,800
August: $27,200
September: $22,680
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I need help ASAP with personal finance
Answers
AnswER:
What do you need help with
Explanation:
It’s a good idea to use a _____ to track your job hunting efforts.
map
scrapbook
journal
calendar
Answers
Research finds that people, in general, prefer an inquisitive listening style.
A. True
B. False
Answers
B. False. Research does not indicate that people, in general, prefer an inquisitive listening style.
Listening styles can vary among individuals, and there is no universally preferred listening style. Different people may have different preferences when it comes to listening styles, and it can depend on various factors such as cultural background, personality traits, and communication context. Some individuals may indeed appreciate an inquisitive listening style, characterized by asking probing questions and seeking further information. However, others may prefer different listening styles, such as empathetic listening, active listening, or reflective listening. It is important to recognize and adapt to the listening preferences and needs of individuals in order to establish effective communication and understanding.
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PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Answers
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
How can you create any elegant and artistic presentation of a cake or pastry considering the product and its container?
Answers
Learn advanced piping techniques. ...
Create stunning sugar flowers. ...
Add cake sculpting to your list of accomplishments. ...
Discover hand painting techniques.
All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition ______.
Answers
Answer:
Trust funds.
Explanation:
An agency can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition known as trust funds.
This ultimately implies that, the legal entity or real estate agent (trustee or licensee) would, d be held responsible for the losses, legal claims and damages incurred by the owner of the property (beneficiary), whether or not the agent's actions were authorized or unauthorized by the principal.
Hence, a trustee is liable for acts or contracts entered into by an agent when he or she gives an agent either actual authority (power of attorney) or apparent authority.
Assume that you purchase a $3,200 bond issued by harley-davidson that pays 4 percent interest each year, paid every 6 months. what is the amount of each interest payment?
Answers
Amount of each interest payment = Face Value of the Bond x Annual interest rate x 1/2 Amount of each interest payment = 4,000 x 6.00% x 1/2 Amount of each interest payment = $120.
In the fields of finance and economics, interest is the payment made at a set rate by Amount of each interest payment = Face Value of the Bond x Annual interest rate x 1/2 Amount of each interest payment = 4,000 x 6.00% x 1/2 Amount of each interest payment = $120.a borrower or deposit-taking financial institution to a lender or depositor in excess of the principle amount (the amount borrowed). [1] It is not the same as a charge that the borrower could pay to the lender or another entity. It also differs from dividends, which are distributed to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance,
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