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Vicky Is a Single, 21 Year-Old, Full-Time Student Who Purchased

question 105

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Vicky is a single, 21 year-old, full-time student who purchased health care through the state health care exchange for the full year. Her part-time job pays her $12,000 in 2016. She files her own tax return but is claimed as a dependent by her parents. Vicky is eligible for the premium tax credit.​


Definitions:

Book Value

The net value of a company's assets minus its liabilities, representing the equity value of a company on its balance sheet.

Reverse Stock Split

A corporate action in which a company reduces the number of its existing shares to increase the share price without changing the total market capitalization.

Market Value

The current trading price for a service or asset in the open market.

Book Value

The net value of a company's assets minus its liabilities, as recorded on the balance sheet, often compared to its market value to assess if it's under or overvalued.

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