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is this what your looking for is there something specific you need Betty Boop is a 24 yegr nid sigh mother of 2 zyat old

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Betty Boop is a 24 yegr nid sigh mother of 2 zyat old child. 519.464.65 condition, pro becember 31.2021 wars 313,200 5194,544.37, 60 other sourch of incorset Betty grass salay for 2021 was $70.000. tiperaes in 2021 Part 3: As of December 31, 2021: 1. What is the amount of interest income that Betty Boop will declare for her 2021 Tax and Benefit Return 2. Calculate Betty Boop's Taxable Income 3. Identify each Federal non-refundable tax credit Betty is eligible for and the gross amount. 4. Calculate the amount of Federal tax credit that will be applied for Betty Boop. 5. Explain the difference between refundable and non-refundable tax credits Part 1: Calculate Betty Boop's 1. monthly deduction for CPP 2. monthly deduction for Et 3. monthly payment on her student loan 4. cash inflow for January 2021 5. cash outflow for January 2021 6. net cash for January 2021 Part 2: As at December 31, 2021, calculate Betty Boop's: 1 Current Assets 2. Long term Assets 3. Current Liabilities 4. Long term Liabilities 5. Net Worth 6. Current Ratio 7. Debt Ratio 8. Comment on the meaning of these ratios. Betty Boop is a 24 year old single mother of a 2 year old child. Betty graduated from Ontario Tech U in 2018 with a BComm. She borrowed through OSAP to finance her degree, making the loan eligible for any related tax benefit. Betty makes payments at the end of each month on this loan. On January 1,2021 her outstanding balance for this student loan was $24,000 with a locked in interest rate of 2.8% compounded monthly for the next 60 months, at which time the loan will have been fully repaid. The balance owing on December 31, 2021 was $19,464.65. On January 1, 2021, Betty owned a 3 year old Honda Civic which was in excellent condition and debt free. The average selling price, for cars of this type and condition, on December 31 , 2021 was $13,200. Betty Boop purchased a Townhouse in Whitby, Ontario on January 1, 2021, with a $200,000 mortgage, representing 80% of the purchase price. Her first mortgage payment of $948.42 was made on January 30.2021 with monthly payments to be made at the end of each month for 5 years. The mortgage rate was 3% (fixed) compounded monthly, amortized over 25 years. The fair value of her Townhouse on December 31, 2021 was $280,000, and the balance owing on the mortgage was $194,544.37. Ontario on January 1, 2021, with a $200,000 mortgage, representing 80% of the purchase price. Her first mortgage payment of $948.42 was made on January 30, 2021 with monthly payments to be made at the end of each month for 5 years. The mortgage rate was 3% (fixed) compounded monthly, amortized over 25 years. The fair value of her Townhouse on December 31,2021 was $280,000, and the balance owing on the mortgage was $194.544.37. Betty's employer pays salaries monthly, on the last day of each month. Her employer deducts $720.35 for income tax every month as well as the legally required deductions for CPP and EI (assume these required deductions are spread evenly over the 12 month period JanuaryDecember). The CPP basic exemption for 2021 was $3,500 and the employee contribution rate was 5.45% with an annual maximum of $3,166.45. The El employee contribution rate was 1.58% with an annual maximum of $889.54. Betty's employer deducts $40 per month for union dues and $150 per month for contribution to the company pension plan, as well as $30 per month directed to Betty's personal RRSP with her bank. The RRSP was set up effective January 1. 2021 and earns interest of 1.5% compounded monthly. Betty has no other sources of income. Betty's gross salary for 2021 was $70,000. Betty Boop's other typical monthly recurring expenses during 2021 were: Part 1: Calculate Betty Boop's 1. monthly deduction for CPP 2. monthly deduction for El 3. monthly payment on her student loan 4. cash inflow for January 2021 5. cash outflow for January 2021 6. net cash for January 2021 Part 2: As at December 31, 2021, calculate Betty Boop's: 1. Current Assets 2. Long term Assets 3. Current Liabilities 4. Long term Liabilities 5. Net Worth 6. Current Ratio 7. Debt Ratio 8. Comment on the meaning of these ratios. Part 3: As of December 31, 2021: 1. What is the amount of interest income that Betty Boop will declare for her 2021 Tax and Benefit Return 2. Calculate Betty Boop's Taxable Income 3. Identify each Federal non-refundable tax credit Betty is eligible for and the gross amount. 4. Calculate the amount of Federal tax credit that will be applied for Betty Boop. 5. Explain the difference between refundable and non-refundable tax credits Betty Boop is a 24 yegr nid sigh mother of 2 zyat old child. 519.464.65 condition, pro becember 31.2021 wars 313,200 5194,544.37, 60 other sourch of incorset Betty grass salay for 2021 was $70.000. tiperaes in 2021 Part 3: As of December 31, 2021: 1. What is the amount of interest income that Betty Boop will declare for her 2021 Tax and Benefit Return 2. Calculate Betty Boop's Taxable Income 3. Identify each Federal non-refundable tax credit Betty is eligible for and the gross amount. 4. Calculate the amount of Federal tax credit that will be applied for Betty Boop. 5. Explain the difference between refundable and non-refundable tax credits Part 1: Calculate Betty Boop's 1. monthly deduction for CPP 2. monthly deduction for Et 3. monthly payment on her student loan 4. cash inflow for January 2021 5. cash outflow for January 2021 6. net cash for January 2021 Part 2: As at December 31, 2021, calculate Betty Boop's: 1 Current Assets 2. Long term Assets 3. Current Liabilities 4. Long term Liabilities 5. Net Worth 6. Current Ratio 7. Debt Ratio 8. Comment on the meaning of these ratios. Betty Boop is a 24 year old single mother of a 2 year old child. Betty graduated from Ontario Tech U in 2018 with a BComm. She borrowed through OSAP to finance her degree, making the loan eligible for any related tax benefit. Betty makes payments at the end of each month on this loan. On January 1,2021 her outstanding balance for this student loan was $24,000 with a locked in interest rate of 2.8% compounded monthly for the next 60 months, at which time the loan will have been fully repaid. The balance owing on December 31, 2021 was $19,464.65. On January 1, 2021, Betty owned a 3 year old Honda Civic which was in excellent condition and debt free. The average selling price, for cars of this type and condition, on December 31 , 2021 was $13,200. Betty Boop purchased a Townhouse in Whitby, Ontario on January 1, 2021, with a $200,000 mortgage, representing 80% of the purchase price. Her first mortgage payment of $948.42 was made on January 30.2021 with monthly payments to be made at the end of each month for 5 years. The mortgage rate was 3% (fixed) compounded monthly, amortized over 25 years. The fair value of her Townhouse on December 31, 2021 was $280,000, and the balance owing on the mortgage was $194,544.37. Ontario on January 1, 2021, with a $200,000 mortgage, representing 80% of the purchase price. Her first mortgage payment of $948.42 was made on January 30, 2021 with monthly payments to be made at the end of each month for 5 years. The mortgage rate was 3% (fixed) compounded monthly, amortized over 25 years. The fair value of her Townhouse on December 31,2021 was $280,000, and the balance owing on the mortgage was $194.544.37. Betty's employer pays salaries monthly, on the last day of each month. Her employer deducts $720.35 for income tax every month as well as the legally required deductions for CPP and EI (assume these required deductions are spread evenly over the 12 month period JanuaryDecember). The CPP basic exemption for 2021 was $3,500 and the employee contribution rate was 5.45% with an annual maximum of $3,166.45. The El employee contribution rate was 1.58% with an annual maximum of $889.54. Betty's employer deducts $40 per month for union dues and $150 per month for contribution to the company pension plan, as well as $30 per month directed to Betty's personal RRSP with her bank. The RRSP was set up effective January 1. 2021 and earns interest of 1.5% compounded monthly. Betty has no other sources of income. Betty's gross salary for 2021 was $70,000. Betty Boop's other typical monthly recurring expenses during 2021 were: Part 1: Calculate Betty Boop's 1. monthly deduction for CPP 2. monthly deduction for El 3. monthly payment on her student loan 4. cash inflow for January 2021 5. cash outflow for January 2021 6. net cash for January 2021 Part 2: As at December 31, 2021, calculate Betty Boop's: 1. Current Assets 2. Long term Assets 3. Current Liabilities 4. Long term Liabilities 5. Net Worth 6. Current Ratio 7. Debt Ratio 8. Comment on the meaning of these ratios. Part 3: As of December 31, 2021: 1. What is the amount of interest income that Betty Boop will declare for her 2021 Tax and Benefit Return 2. Calculate Betty Boop's Taxable Income 3. Identify each Federal non-refundable tax credit Betty is eligible for and the gross amount. 4. Calculate the amount of Federal tax credit that will be applied for Betty Boop. 5. Explain the difference between refundable and non-refundable tax credits

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