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Aishwarya's husband passed away in 2012. She needs to determine whether Jasmine, her 17-year old step-daughter who is single, qualifies as her dependent in 2013. Jasmine is a resident but not a citizen of the United States. She lived in Aishwarya's home from June 15 through December 31, 2013. Aishwarya provided more than half of Jasmine's support for the 2013.
a. Is Aishwarya allowed to claim a dependency exemption for Jasmine for 2013?
b. Would Aishwarya be allowed to claim a dependency exemption for Jasmine for 2013 if Aishwarya provided more than half of Jasmine's support in 2013, Jasmine lived in Aishwarya's home from July 15 through December 31 of 2013, and Jasmine reported gross income of $5,000 in 2013?
c. Would Aishwarya be allowed to claim a dependency exemption for Jasmine for 2013 if Aishwarya provided more than half of Jasmine's support in 2013, Jasmine lived in Aishwarya's home from July 15 through December 31 of 2013, and Jasmine reported gross income of $2,500 in 2013?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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