What amount of child tax credit may they claim
Rhianna and Jay are married filing jointly in 2011. They have six children for whom they may claim the child tax credit. Their AGI was $123,440. What amount of child tax credit may they claim on their 2011 tax return?
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Doe company owns 46 million shares of stock of Jane company classified as available for sale. During 2010, the fair value of those shares increased by $24 million. What effect did this increase have on Moons 2010 statement of cash flows?
Doe company owns 40% of the outstanding common stock of Jane company. During 2010 Doe received a $50 million cash dividend from Jane. What effect did this dividend have on Doe's 2010 statement of cash flows?
Cash dividends paid $75,000; Proceeds from sales of common stock(carrying value $135,000) for $160,000. In its Dec 31,2011, statement of cash flows, what amount should Doe report as net cash from financing activities?
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