Clara,age 68,claims Head of Household Filing Status

question 28

True/False

Clara,age 68,claims head of household filing status.If she has itemized deductions of $9,500 for 2010,she should claim the standard deduction.

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Definitions:

Bond Issue

The process by which a company or government raises funds by selling bonds to investors, which then are obliged to pay back with interest.

Cost of Equity

The return a company theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital.

Annual Dividend

The total dividend payment a company makes to its shareholders in a single year.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.