Elisa is 21 years of age and a full-time student living with her parents. She had wages of $680 ($75 of income tax withholding) for 2018. Can Elisa file a tax return even though her parents will claim her as a dependent on their tax return? A) Elisa's parent can report the income on their tax return. B) No, Elisa is a dependent of her parents. C) Yes, Elisa can file a tax return. D) No, Elisa cannot file a tax return.

Answers

Answer 1

Answer:

C) Yes, Elisa can file a tax return

Explanation:

As in the given situation Elisa could file a tax return as she is considered to be dependent as her age is less than 24 years also her income is lower than the taxable income so she can file her return herself in order to claim the return

Therefore as per the given situation the option c is correct


Related Questions

What adjustments are made to net income to arrive at operating cash flows in the operating section of the statement of cash flows

Answers

Answer:

Adjustments of Non-Cash items and Changes in Working Capital items

Explanation:

Cashflow Statement shows the movement in Cash and Cash equivalent balance during the reporting period. Net Income is not a Cashflow item, however this can be reconciled to Cashflow amount by adjusting it by Non-Cash items and Changes in Working Capital items. This is done when the Cashflow statement is prepared using the Indirect Method.


Exercises: Decide for the following if they are Economic resource
A Undiscovered gold in remote area.
B. Fertile agricultural land in Port Moresby.
Explain why for A and B​

Answers

Answer:

B

Explanation:

Fertile agricultural land can be farmed or sold, either way providing economic resources

What can affect whether banks or other financial insututions are
interested in offering an individual a loan?
A. Financial knowledge
B. Personal credit
C. Financial experience
D. Business credit

Answers

Answer:

B. Personal credit if it is a personal loan

D. If the individual applies to start a business

Explanation:

Typically Financial institutions extend loans based on "credit worthiness" (or credit score) of the individual and can be extended based on whether the individual has an asset to secure the loan. Lack of an asset can have a negative result (dependent upon the amount requested) if the loan request is for a large amount of money.

If it is an individual loan then it would be B, your personal credit

You are assigned to work with two other classmates to complete a class assignment. One of the classmates is not completing their work. What are three ways that you could solve this problem


Please help me fast

Answers

Answer:

1. you could ask them if they understand what to do and if they need help.

2. you could tell the teacher that they are not doing the work

3. i dont know what else

You work for Greene-Mann Landscaping Company. A prospective client sends you the e-mail
below:
I would like to plant a tree in my backyard. We like to eat outside, and in the summer, the hot sun
burns down on our deck at dinnertime. I would like a tree that will be quick and easy to grow.
Based on the document shown, what would you recommend for this client?
A. An evergreen tree planted on the windy side of the house
B. An evergreen tree planted on the south side of the house
C. A deciduous tree planted on the windy side of the house
D. A deciduous tree planted on the south side of the house
E. A deciduous tree planted on the west side of the house

Answers

Answer:

The answer for this is E.

Based on the document shown, A deciduous tree planted on the west side of the house is recommended. Option E is an appropriate response.

What is a deciduous tree?

At the end of the growing season, deciduous trees shed their broad, flat leaves. It differs from most evergreen trees (which typically retain needle foliage throughout the seasons) and coniferous trees (usually evergreens that produce cones). There are, however, deciduous conifer trees like golden larch and dawn redwood. You can also tell if a tree is deciduous by its round shape, as opposed to an evergreen's upside-down cone shape.

During the hotter months, deciduous trees provide shade and block heat from the sun, and by dropping their leaves in the fall, they admit sunlight during the colder months.

Hence, option E is an appropriate response.

To learn more about deciduous tree

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You choose to complete your homework rather than watch television so that you can earn a good grade. You made the choice with the lowest ______.

A. Opportunity cost

B. Demand

C. Scarcity

D. Benefit

Answers

Answer:

A. Opportunity cost

Explanation:

In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

Hence, the opportunity cost of a choice is the benefits that could be derived in from another choice using the same amount of resources.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

In this scenario, you choose to complete your homework rather than watch television so that you can earn a good grade. Therefore, you made the choice with the lowest opportunity cost.

Answer:

Opportunity cost

Explanation:

Select a product, either a good or service, that you consider to be in the decline phase of the Product Life Cycle. Discuss some of the options the company has for dealing with this product. What do you think is the best option, and why do you think so?

Answers

Answer:The product example in the declining phase is the Sony VCRs

Explanation:Decline phase is reached when sales and profits of a product fall.it is therefore characterised by rate of change to consumers tastes and rate by which new prosucts reach the market.

Company can deal with the product at a declining phase in the following ways:

1.The company can aid by reducing the promotional expenditure

2.The company can opt to reducing the number of distribution outlet that deal with sales of the products

3.The company can concentrate on the price cuts so that they can obtain customers who van purchase their products

4.The company can look upon the alternative use of the product.

Best option is maintaining the product , in a way rejuvenating it so that we ad features to it so that we can find its alternative use.

how was the halftime show yesterday

Answers

I’m my opinion this has been the best one in like the pasted two year and also in my opinion the need a country person to sing at halftime.

Select all that apply.
Which of the following would be considered full-time work?
hours
33 hours
9 G 8C it
45 hours
51 hours

Answers

Pretty sure a full time job is 45 hours
Answer:

45 hours;

51 hours;

40 hours.

The answer choices given, as listed above, would be considered "full-time work

Hope this helps (:

PLEASE ANSWER
How do economists refer to deficits?

A) global value chain

B) negative balance of trade

C) positive balance of trade

D) comparative advantage

Answers

Global value chain

Explanation:

Select the correct presentation for other comprehensive income on the financial statements of Puma Company.

1. Puma Company

Statement of Comprehensive Income

For the Year Ended December 31, 20Y3

Net income $140,000

Other comprehensive income 20,000

Comprehensive income $160,000

2. Puma Company

Income Statement

For the Year Ended December 31, 20Y3

Sales $625,000

Cost of goods sold 350,000

Gross profit $275,000

Operating expenses 135,000

Net income $140,000

Other comprehensive income 20,000

Comprehensive income $160,000

A. Both of these choices are correct.

B. Neither of these choice is correct.

Answers

Answer:

A. Both of these choices are correct.

Explanation:

Both of these choices are correct as they are rightly presented.

             Puma Company

Statement of Comprehensive Income

For the Year Ended December 31, 20Y3

Net income                                $140,000

Other comprehensive income $20,000

Comprehensive income          $160,000

                   Puma Company  

                 Income Statement

For the Year Ended December 31, 20Y3

Sales                                     $625,000

Cost of goods sold              $350,000

Gross profit                          $275,000

Operating expenses            $135,000

Net income                           $140,000

Other comp. income            $20,000

Comprehensive income     $160,000

Tyreek pitches four investors. They agree to each invest $25,000 and value Tyreek's company at 200,000. How much of the company will Tyreek still own after the investment?

a) 41%
b) 45%
c) 50%
d) 56%

Answers

Answer:

50%

Explanation:

The percentage of the company which Tyreek will still own after the investment can be calculated as follows:

Value of Tyreek's company = $200,000

Total amount contributed by the four investors = $25,000 * 4 = $100,000

Let P represents the percentage of the company which Tyreek will still own after the investment.

Therefore, we have:

P = (Total amount contributed by the four investors / Value of Tyreek's company)

P = ($100,000 / $200,000)

P = 0.5 or 50%

Therefore, the percentage of the company which Tyreek will still own after the investment is c) 50%.

Learn more here: https://brainly.com/question/1974199.

Jocelyn gets a text alert from the bank that her account has dropped below $100 after a series of $20 ATM withdrawals. She has not used her ATM in over a week and wonders what she should do. What would you recommend?

Answers

Answer:

Look at her account to confirm the ATM withdrawals were her. If she did not make the withdrawals, she should immediately contact her bank by the most trusted way possible. Calling or going to the local branch during business hours may be best.

Explanation:

If the transactions were not made by Jocelyn and she does not have any other owners on the account it is possible that she is the victim or hackers or bank fraud. Contacting her bank notifies them that the transactions are not authorized and she will not be held accountable after the bank conducts an investigation into the transactions. The bank will then redeposit the lost funds back into her account.

What are some examples of how debt can be a good thing?
exposed brotherbro :>

Answers

Answer:

It can be good

Explanation:

I got not email long I and I will be there for you to come and see you again and I hope that we will have to get the name of our team and to be unconstitutional

To help the team be successful, project managers need to understand the stages of project team development so that they can employ different leadership strategies in response to the behavioral characteristics of the team as they move through each stage of team development.

Answers

Answer:

True

Explanation:

In order to help the team to be successful the project managers first understand the stages of the project team development in order to adopt various kinds of leadership strategies that responded to the behavior attributes of the team as they need to pass from each and every stage of the team development

Therefore the given statement is true

Charlize is monitoring market indicators in a particular area for her client who wants to buy an oceanfront home. Which market indicator will tell her how much prices have fluctuated in the area over the past two years?

Answers

Answer:

Price levels

Explanation:

Price level is an indicator that is obtained by getting the average price of goods that are produced within an economy or an industry.

When prices rise it indicates that demand for a good is on the rise and eventually an inflation may result. When price falls demand has reduced and deflation may result.

In the given scenario price level is the best indicator to show how prices of properties in the area have fluctuated.

It will also give insight into how good a property purchase will be.

Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).


Required:

Record the necessary entries to adjust the balance of cash.

Answers

Answer and Explanation:

The journal entries required to adjust the balance of cash as follows:

1. Cash Dr $1,128

       To Notes receivable  $1,100

       To Interest revenue $28

(Being the cash is recorded)

Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue

2. Service expense Dr $78

Account receivable Dr $280

      To cash $358

(being the cash paid is recorded)

here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets

Why might a manager for a non-profit organization seem as concerned with his or her organization's financial well-being as a for-profit manager?

a. Non-profit managers are evaluated on financial performance only.

b. Non-profit managers try to give the illusion that they care about the "bottom line."

c. Not-for-profit organizations need to make money to continue operating.

d. Non-profit organizations have an obligation to turn a profit.

Answers

Answer:

c. Not-for-profit organizations need to make money to continue operating.

Explanation:

Non-profit organisations mainly focus on meeting their set objectives for example ensuring education is provided to poor children, health services reach the less privileged in society, and so on.

On the other hand for profit organisations mainly focus on turning a profit for the benefit of the business owners.

The manager for a non-profit organization will be as concerned with his or her organization's financial well-being as the for profit manager.

This is because non- profit organisations tend to have a tight budget and they will need to effectively manage resources available to them to ensure they keep functioning.

Which type of data does your company collect from customers or potential customers?

Answers

Answer:

primary data

Explanation:

I dont really know about this but im think this is the answer

Primary data is the data your company have

Due Jan 1
What does this quote mean to you?
"There is no end to education. It is not that you read a
book, pass an examination, and finish with education.
The whole of life, from the moment you are born to
the moment you die, is a process of learning." Jiddu
Krishmamurti
100 points
O class comments
Your answer (visible to other students)

Answers

Answer:

This quote means we keep learning and never stopping. The only time we stop learning is when we die. But till then, we must continue learning n improving our knowledge

A financial adviser hosts a blog where he invites other personal finance experts to guest-blog on everything from real estate to estate taxes to tax write-offs. The variety of advice increases the site’s search engine optimization (SEO) and attracts many more potential clients for all the participating financial professionals.

Answers

Answer: build synergy

Explanation:

The scenario that occured in this situation has to do with the building of synergy.

A synergy is built in this case as the interaction with other finance experts has led to the increase in the sites search engine optimization and this ultimately brings about an increase in the number of potential clients.

do this document and I will give you 100 points send it back to me completed all the directions are on here.

Answers

Answer:

I like chicken

Explanation:

PLS HELP!!! What is the meaning of Customer Relationship Management (CRM)?
O CRM means assisting customers by answering their questions and helping resolve issues.
CRM is a hierarchy beginning with customer service representatives, followed by managers, if
necessary
CRM is a class that customer service professionals take to learn strategies for managing customers.
CRM means collecting information about the customer for the purpose of improving their future
experience.

Answers

Answer:

CRM means collecting information about the customer for the purpose of improving their future experience.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance their satisfaction.

CRM means collecting information about the customer for the purpose of improving their future experience.

Answer:

CRM means collecting information about the customer for the purpose of improving their future experience.

Explanation:

the exponential form of 6×6×6×6 is 6 the base is 4 True or False?​

Answers

false because the base is 6 and the exponent is 4

Which of the following is a characteristic of a for-profit healthcare facility?

run by government

uses public funds

focuses on services everyone can afford

owned by private citizens

Answers

Answer:

D. owned by private citizens

Explanation:

A for-profit organization can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful services to customers. By generating more revenue than operating costs, a for-profit organization is able to make profit.

Some examples of for-profit organizations are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, a characteristic of a for-profit healthcare facility is that it is owned by private citizens.

Unlike government agencies or organizations which are being run with public funds and at a subsidized rate (focuses on services everyone can afford), for-profit are mostly owned by private citizens, who are always after making profits from the business.

Answer:

D

Explanation:

edge

In the following pictograph, how many books has Group 3 read?



18
25
15
12

Answers

Answer:

15 is the answer you are looking

The expansion phase of a business cycle is a period during which:
A. the economy steadily grows.
B. the economy steadily declines.
C. the economy hits its highest point.
D. the economy hits its lowest point​

Answers

Answer:

A. the economy steadily grows.

Explanation:

A business cycle is the periodic fluctuations of economic activities in the country. Naturally, the economy will experience seasons of boom and periods of downturns.

The expansion phase is the period where a business experiences steady growth, as indicated by a rise in GDP value. The expansion comes after a recession where the economy was experiencing minimal or negative growth.  At the expansion phase, demand for goods and services is increasing, job opportunities are being created, and incomes are rising.

Answer:A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.

Explanation:

Question 5 (1 point)
PLEASE HELP
Jessie teaches contractors how to sand and finish hardwood floors. The most appropriate pathway in the Education and Training career cluster for Jessie's job is the Teaching and Training pathway. True or False​

Answers

the answer is true..

Answer Its True because she is teaching

Explanation: please mark brainiest

A harsh drought killed some of the farm family's corn and several head of its cattle. Where on the production possibilities curve could you position a point to reflect these circumstances

Answers

Answer:

inside the PPC

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

As a result of the drought, resources would not he fully utilized. So, production would take place inside the PPC curve.

Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per unit, where x is the total number of units and the selling price of the product is given by 300-6x shillings per unit. Formulate the function of the total cost and total revenue.Find the break even point.

Answers

Answer:

F(x) = 15000 + (140 + 0.04x)

F(x) = 300 - 6x

15000 ÷ (300 - 6x - (140 + 0.04x))

Explanation:

Given that :

Fixed cost = 15000

Variable cost = 140+0.04x

Selling price = 300 - 6x

Number of units = x

Total cost :

Fixed cost + variable cost

15000 + (140 + 0.04x)

Total revenue :

300 - 6x

F(x) = 300 - 6x

Break even point :

Total cost = total revenue

Break even point (units) :

Fixed cost ÷ (selling price per unit - variable cost per unit)

15000 ÷ (300 - 6x - (140 + 0.04x))

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