Questions
Determine the total allowable 2018 earned income credit in each of the following situations: a. Rina...

Determine the total allowable 2018 earned income credit in each of the following situations:

a. Rina is single and earns $6,800 in salary for the year. In addition, she receives $2,200 in unemployment compensation during the year.
b. Lachlan is single with one dependent child. During the year, he earns $8,000 as a waiter and receives alimony of $10,000 and child support of $5,000.
c. Zorica is a single parent with two dependent children. She earns $19,000 from her job as a mechanic. She also receives $3,000 in child support from her ex-husband.
d. Elliot and Pam are married and have three dependent children. Elliot and Pam earn $12,000 and $9,000 from their jobs, respectively. They receive $800 in interest and $1,000 in dividend income. Assume the taxpayer files a joint return.

In: Accounting

In January 2018, Sonja Deposited $20,000 in a bank in the Bahamas. She earned $500 Interest...

In January 2018, Sonja Deposited $20,000 in a bank in the Bahamas. She earned $500 Interest income. She closed the Account in December 2018.

a. Is Sonja subject to the FBAR reporting requirement?

b. Is the Interest Income taxable in the United States?

In: Accounting

During 20X1 Beth earned a salary of $150,000. In 20X1, she invested $40,000 for a 20%...

During 20X1 Beth earned a salary of $150,000. In 20X1, she invested $40,000 for a 20% interest in a Grady Memorial Hospital, a limited partnership. Beth does not material participate in this activity. Operations of the activity result in a loss of $325,000, of which Beth’s share is $65,000. For her 20X1 return, would Beth be able to deduct any of the loss relating to this activity? If, so how much?

In: Accounting

Why is the times interest earned ratio considered important? ANswer in 100-150 words

Why is the times interest earned ratio considered important? ANswer in 100-150 words

In: Accounting

Hedge Funds Hedge funds have earned a reputation for making the most money in the time...

Hedge Funds

  1. Hedge funds have earned a reputation for making the most money in the time of crises. Search the news for some large recent returns by a hedge fund.  
  2. Describe the hedge fund, the returns, and how the fund has achieved them.

In: Operations Management

1. FOR BURGER KING: WHAT IS THE 2018 AND 2017 TIMES INTEREST EARNED 2. FOR BURGER...

1. FOR BURGER KING: WHAT IS THE 2018 AND 2017 TIMES INTEREST EARNED

2. FOR BURGER KING: WHAT IS THE 2018 AND 2017 WHAT IS THE TOTAL DEBT TO TOTAL ASSETS

3. FOR BURGER KING WHAT IS THE 2018 AND 2017 AVERAGE COLLECTION PERIOD

In: Finance

Why is “Earned Value Management” more appropriate to use with projects than for other investments?

Why is “Earned Value Management” more appropriate to use with projects than for other investments?

In: Operations Management

In this assignment you will apply your knowledge and understanding of the AD/AS model to a...

In this assignment you will apply your knowledge and understanding of the AD/AS model to a hypothetical scenario.

Write a response to the following scenario on a word file or equivalent and submit it as an 'upload file'. Please note you can only submit the following file types, doc, docx, pdf, txt, png, and jpeg. Graphs can be hand-drawn or computer graphics. Remember to correctly label all your graphs! For example, what the x and y axis represent.

The COVID-19 pandemic and the US-China trade tension have caused a significant decrease in China's demand for US exports.

1. Graphically show the likely short-run impact on US GDP and aggregate price levelusing the AD/AS model. Explain your prediction. HINT: Which curve in the AD/AS model would a change in US exports affect? [6 points = graph, 3 points explanation]

2. What is the anticipated result in US employment level? Explain [2 points]

3. What is the anticipated result in US inflation rate? Explain. [2 points]

4. The US-China trade tension was partly caused by the US imposing tariffs on Chinese imports. Do you agree with this economic policy? Explain your answer. [2 points]

5. With lockdowns during the pandemic, crude oil (a key input) price has fallen due to weak demand. How would the fall in oil price impact aggregate supply, real GDP and aggregate price level in the US? Show this in a AD/AS model and explain. [5 points = graph, 2 points = explanation]

Rubric

In: Economics

Q2: Suppose a US investor has $4000 to invest and can choose either a US investment...

Q2: Suppose a US investor has $4000 to invest and can choose either a US investment paying 2% or a foreign investment paying 4%, where e is currently 1.14 and the investor can lock in e in one year equal to 1.16.

Q2a- How much will the US investment be worth after a year?

q2b- How much foreign currency can investor get now?

Q2c- How much foreign currency will investor get after a year?

Q2d-How much (in dollars) will the foreign investment be worth after a year?

Q2e-  Would investor prefer to invest?A- Domestic B- Foreign

Q3: Suppose a US investor has $8000 to invest and can choose either a US investment paying 3% or a foreign investment paying 4%, where e is currently 77 and the   investor can lock in e in one year equal to 78

Q3a- How much will the US investment be worth after a year?

Q3b- How much (in dollars) will the foreign investment be worth after a year?

Q3c- Would investor prefer to invest? domestic or foreign

Q4: Suppose a US investor has $12,000 to invest and can choose either a US investment paying 2% or a foreign investment paying 4%, where e is currently 12.

Q4a- How much will the US investment be worth after a year?

Q4b- What future e would leave the investor indifferent between investing at home or abroad?

In: Economics

An individual's demand for physician office visits in a given year is given by, Q =...

An individual's demand for physician office visits in a given year is given by, Q = 10 - 0.04P, where Q is the number of office visits and P is the out-of-pocket price paid by the individual for each visit. Assume the market price of an office visit is $180.

a) Suppose the individual has insurance and pays only $40 a copayment for each visit. How many office visits will the individual make in one year?

b) What is the moral hazard and deadweight loss associated with having insurance?

In: Economics