Suppose that an Irish Sweepstakes winner deposits $10 million in cash into her transactions account at the Bank of America. Assume a reserve requirement of 25 percent and no excess reserves in the banking system prior to this deposit. Show the changes on the Bank of America balance sheet when the $10 million is initially deposited.
In: Economics
Do some light research about the current status of the Affordable Care Act. It has changed since its original enactment. Write one double-spaced page discussing
(1) some of the major changes
(2) why it is important for businesses to have an understanding of the Affordable Care Act
In: Economics
In: Economics
Please answer all questions.
Draw a multi-cycle processor for lw $t0,20($t1). what if we have different numbers like $s0 instead of $t1, does anything changes? Does place of $t1, $t0 change in sw or any other instruction for multi-cycle processor,
In: Computer Science
Discuss the current state of the apartment housing market in Strathfield South, Sydney, identifying the drivers of this development growth. Include any capital market issues (e.g. credit availability and exposure, interest rate expectations, potential tax changes) that you think may impact the market in your discussion.
In: Economics
Why might certain foods be more satiating/have a higher satiety index than others, regardless of time of day eaten? Give your overall conclusion on the information presented regarding time of day (and day of the week, such as changes on weekends) on satiety and an overall healthy diet/eating plan.
In: Biology
Write in Python
In: Computer Science
Factorials in Java: Write out your Program Design for how to automate the testing. The objective is to repeat the factorial calculation for different values of n, as n changes from 2, 3, 4, 5, 6, 7..
1) test for an int
2) test for a long
3)test for a double
In: Computer Science
Monetary policy refers to Federal Reserve actions to influence the money supply and economic conditions. Fiscal policy is spending and taxing by the government, which can also affect economic conditions. Describe how changes in spending and taxes can affect economic activities. (typing please,thank you.)
In: Economics
Note: This problem is for the 2018 tax year.
David R. and Ella M. Cole (ages 39 and 38, respectively) are husband and wife who live at 1820 Elk Avenue, Denver, CO 80202. David is a self-employed consultant specializing in retail management, and Ella is a dental hygienist for a chain of dental clinics.
| Airfare | $8,800 |
| Lodging | 5,000 |
| Meals (during travel status) | 4,800 |
| Entertainment | 3,600 |
| Ground transportation (e.g., limos, rental cars, and taxis) | 800 |
| Business gifts | 900 |
| Office supplies (includes postage, overnight delivery, and copying) | 1,500 |
The entertainment involved taking clients to sporting and
musical events. The business gifts consisted of $50 gift
certificates to a national restaurant. These were sent by David
during the Christmas holidays to 18 of his major clients.
In addition, David drove his 2016 Ford Expedition 11,000 miles for
business and 3,000 for personal use during 2018. He purchased the
Expedition on August 15, 2015, and has always used the automatic
(standard) mileage method for tax purposes. Parking and tolls
relating to business use total $340 in 2018.
| Insurance | $2,600 |
| Repairs and maintenance | 900 |
| Utilities | 4,700 |
| Painting office area; area rugs and plants (in the office)* | 1,800 |
| *Treat as a direct office in home expense. |
In terms of depreciation, the Coles use the MACRS percentage tables applicable to 39-year nonresidential real property. As to depreciable property (e.g., office furniture), David tries to avoid capitalization and uses whatever method provides the fastest write-off for tax purposes.
| Uniforms | $690 |
| State and city occupational licenses | 380 |
| Professional journals and membership dues in the American
Dental Hygiene Association |
340 |
| Correspondence study course (taken online) dealing with
teeth whitening procedures |
420 |
| Interest income— | ||
| State of Colorado general purpose bonds | $2,500 | |
| IBM bonds | 800 | |
| Wells Fargo Bank | 1,200 | $4,500 |
| Federal income tax refund for year 2017 | 510 | |
| Life insurance proceeds paid by Eagle Assurance Corporation |
200,000 | |
| Inheritance of savings account from Sarah Cole | 50,000 | |
| Sales proceeds from two ATVs | 9,000 |
| Funeral expenses for Sarah | $4,500 | |
| Taxes— | ||
| Real property taxes on personal residence | $6,400 | |
| Colorado state income tax due
(paid in April 2018 for tax year 2017) |
310 | 6,710 |
| Mortgage interest on personal residence (Rocky Mountain Bank) | 6,600 | |
| Paid church pledge | 2,400 | |
| Contributions to traditional IRAs for Ella and David ($5,500 + $5,500) |
11,000 |
| David Cole | 123-45-6788 |
| Ella Cole | 123-45-6787 |
Required:
Using the appropriate forms and schedules, compute the Coles' Federal income tax for 2018. Disregard the alternative minimum tax (AMT) and the various education credits
please do a form 1040 year 2018 please !
In: Accounting