Janice, age 22, is a student who, in 2018, earns $10,000 working part-time at the college ice cream shop. she has no other income. her medical expenses for the year total $3,000. during the year, she suffers a casualty loss of $3,500 when her apartment is damaged by flood waters (part of a federally declared disaster area). janice contributes $2,500 to her church. on the advice of her parents, janice is trying to decide whether to contribu

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Based on what you learned about time management which of these statements are true