Andre (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC). His parents will claim him as a dependent on their jointly filed 2019 return. Their adjusted gross income is $120,000, and they paid $13,000 for Andre's tuition during the year. What is the maximum AOTC Andre's parents may be eligible to receive
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Ответ:
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)