If the Bajorshiks' income does not exceed the phase-out level of $110,000 in 2014, by how much will the child tax credit reduce their tax liability?
A) Their tax liability will be reduced by $750.
B) Their tax liability will be reduced by $2,000.
C) Their tax liability will be reduced by $2,100.
D) Their tax liability will be reduced by $3,000.
Answer: D
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Which of the following is an example of an organization using the Geographical Information System (GIS) method for locating multiple facilities?
A) A company that is searching for a location for its combination manufacturing plant and warehouse to better serve several geographical regions of the country. B) Load-distance scores and center of gravity data being used to locate a facility to provide better customer service for multiple customers. C) A company that is searching for a manufacturing plant location that provides enough space for the plant to double in size over the next five years. D) A hospital network that wants to locate several satellite medical facilities in outlying areas to better serve a major metropolitan area.
River Runners, Inc. reported the following information in its financials for the year ended December 31, 2012:
Dividends $ 3,000 Net Income 45,000 Total expenses 50,000 Retained earnings - beginning balance Jan. 1, 2012 30,000 Accounts receivable 20,000 1. What were the company's revenues? 2. How much of the past profits have been kept by the company as of December 31? 3. How much do customers owe River Runners as of December 31, 2012?