Can cathy withdraw money from her ira savings account

Answers

Answer 1
Answer: we would be able to answer that but we don't have enough information to

Related Questions

An insured is driving her car through a residential area when she loses control and crashes into a neighbor's front porch. The neighbor, who was sitting on the porch, is injured. The insured's liability policy has a limit of $500,000. This amount applies to the total of damages for any bodily injury and property damage resulting from one accident. Which type of limit of liability does the insured have?
What is the best definition of an economic system? economy based on traditional production methods process by which people choose how to use limited resources in order to meet their needs government makes the best decisions
What part of the cover letter explains how the applicant's qualifications meet the needs of the company?a. Headerb. Introductionc. Argumentd. ClosingPlease select the best answer from the choices provided​
Supporters of minimum wage believe that it provides _____. higher rents more personal income fewer jobs
rental apartments and private homes are examples of what? complementary goods, alternativebgoods, neutral goods, simultaneous goods

What is the total American Opportunity & Lifetime tax credit the Jones family can take, given the following information? 1) Sally is a sophomore and incurs $5,000 in education expenses. 2) Tommy is in grad school and incurs $7,000 in education expenses. 3) Mom, who has a 4 year degree, goes back to school and incurs $4,000 in education expenses.

Answers

Answer:

American opportunity tax credit is $ 2500 & lifetime learning credit is $2000

Explanation:

a student who qualifies for american opportunity credit can claim a credit of upto $ 2500 for adjusted qualified education expense paid for each student.

lifetime learning credit is for post secondary courses and for adults and also for continuing education courses. the credit is $ 2000 per year and not per student.

Final answer:

The Jones family can claim a total of $4,700 in American Opportunity and Lifetime Learning tax credits for their education expenses. This includes $2,500 for Sally's undergraduate expenses under American Opportunity Credit and $2,200 for Tommy's and Mom's expenses under the Lifetime Learning Credit.

Explanation:

The Jones family can claim tax credits for education under the American Opportunity Credit (AOC) and the Lifetime Learning Credit (LLC). However, these credits have different rules and limitations.

For Sally, as she is a sophomore (undergraduate), her education expenses are eligible for the American Opportunity Credit. This credit is worth up to $2,500 per eligible student, 100% of the first $2,000 of qualified education expenses and 25% of the next $2,000. Here, considering Sally's expense of $5,000, she would be eligible for the full credit of $2,500.

Tommy, being in grad school, is not eligible for the AOC, but he can claim the Lifetime Learning Credit (LLC). The LLC allows a credit of up to $2,000, which is calculated as 20% of the first $10,000 of qualified education expenses. In Tommy's case, this would equate to a credit of $1,400 (20% of $7,000).

The Mom, who goes back to school, is also eligible for the LLC, providing a credit of $800 (20% of $4,000).

Hence, the total credit the Jones family can claim would add up to $4,700 ($2,500 from AOC for Sally and $2,200 from LLC for Tommy and Mom combined).

Learn more about Educational Tax Credits here:

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Economists use price indices to remove _______ from price measurements.a. costs
c. inflation
b. collateral
d. stagnation

Answers

The answer is C. Inflation

Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time

It's provided a statistic that is designed to compare the prices while separating the inflation as a factor

A company is usually unable to take advantage of economies of scale during the __________ stage of the product life cycle.a. Saturation
b. Introduction
c. Growth
d. Maturity

Answers

The Correct Answer Is C.

Growth

Answer: The answer to this is B Introduction. i just took the test

Your company, a small software development firm, has attracted many of the top young programmers in your area. As a result, the apps you produce have been praised for their innovative features and intuitive user experience. According to the bathtub metaphor in the dynamic capabilities perspective, what is the best way for you to protect against resource leakage? Invest in an online marketing campaign for existing products to retain customers. Open a satellite office overseas to support the company culture of taking chances. Attempt to undercut the competition by imitating their top-selling product. Improve the benefits package to retain key employees and reduce turnover.

Answers

Answer:

Improve the benefits package to retain key employees and reduce turnover.

Explanation:

the dynamic capability perspective model reflects an organization's capability to leverage and make adequate use if it's resources in surviving and growing in a constantly changing environment. The bathtub metaphor describes the flow and movement of organization's resources such as it may be used to accomplish dynamic capability

Example(bathub metaphor)

Water flowing from different places into the tank represents capital investments

How fast the tank fills with water represents how fast the firm would be able to build capital base

The amount of water that has entered the tank represents the firm's current capital

How much water leaks from the tank represents a reduction in the firm's capital base

22) Where would the event purchased land for cash appear, if at all, on the indirect statement of cash flows?a. Operating activities section
b. Investing activities section
c. Financing activities section
d. Does not represent a cash flow

Answers

In the cash flow statement whether the direct or indirect method is used, it depends on the nature of business. If the company is into buying and selling (trading) of land, the cash purchase of land can form part of the Operating Activities. If it is otherwise, the cash purchase of land should be included in the Investing Activities section.  

Match each interest inventory assessment with its correct description.Tiles

1. Strong Interest Inventory
2. Kuder Occupational Interest Survey
3. Self-Directed Search
4. Campbell Interest and Skill Survey

Pairs

1. rates people on seven orientation scales
2. measures career and leisure interests, organizing them into four main areas
3. classifies people according to six different types to help match interests with a career choice
4. measures personal work interests in ten broad areas

Answers

1. Strong Interest Inventory ⇒ 2. measures career and leisure interests, organizing them into four main areas 

2. Kuder Occupational Interest Survey ⇒4. measures personal work interests in ten broad areas

3. Self-Directed Search⇒ 3. classifies people according to six different types to help match interests with a career choice

4. Campbell Interest and Skill Survey⇒1. rates people on seven orientation scales 

Answer: writes people on seven orientation scales: Campbell interest and skill survey

Measures career and leisure interests, organizing them into four main areas: strong interest inventory

Classifies people according to six different types to help match interest with a career choice: self-directed search

Measures personal work interest in 10 broad areas: Kuder occupational interest survey

Explanation: confirmed correct answers in taking stock of your values, interest, personality, and skills mastery test on Edmentum