Yes, the Smith family will receive financial benefits for the taxable year. When you adopt a child, there are parts of the adoption process that are tax write offs for the family. Depending on the money spent, the different fee's paid and what all went into the adoption certain parts will be a tax credit they can apply and use as a deduction. Most of the time the expenses have to be at or over a percentage of your income.
True - The tomato exhibits characteristics of a perfectly competitive market. Firstly, it is made up of many buyers and sellers. Secondly, all firms that partake in the trade do not control the market. Instead, they are price takers. As such, they sell tomatoes according to the prevailing market prices per unit of tomatoes. All firms also have a relatively small market share.
Answer:
Sunderland Company should increase debt investment by $2,685.00
Explanation:
Sunderland Company needs to increase its debt investments account for Scott Company bonds with the difference between effective interest earned on July 1 2021 minus the actual coupon interest received as shown below:
The actual interest revenue earned = $1122375*12%
=$ 134,685.00
The coupon interest received=$1,200,000*11%
=$ 132,000.00
In a nutshell,the investment in bonds earned interest of $134,685 but only $132,000 was received in cash,hence the difference of $2,685 is added to the bonds investment figure($134,685-$132,000)
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
Sharpen Ratio = <u> Rp - Rf</u>
standard deviation of portfolio
= <u>13.8% - 3.6%</u>
173.11%
= 0.05892
= 0.059
workings
Return of portfolio = Ra*wa + Rb*Wb
= 15%*0.6 + 12%*0.4
= 9% + 4.8% = 13.8%
Standard deviation of portfolio = square root of variance
= √ stdA²wa² + stadB²wb² + 2wawbcorrAB
= √(24%*0.6)² +(14%*0.4)² + 2*0.6*0.4*1.27
= √207.36% + 31.36% + 0.6096
= √2.9968
= 1.73
= 173.11%
Explanation:
