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QveST [7]
3 years ago
5

if you have $60,000 and spend $6,500 dollars on medical expenses are you eligible for tax deduction? and how much A) No she is n

ot B) Yes; entire tax deduction on the medical expenses C) yes; a tac deduction on any amount spent 10% above her AGI D) no; her medical bill is 20 % of her AGI
Business
1 answer:
Veseljchak [2.6K]3 years ago
3 0
The answer is C You may deduct down to 10 percent of you AGL
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The population of a country was 5.1 million people in 2008. three years later, the population of the same nation was 8.9 million
Anarel [89]
The answer of the country is now 12.7 and the answer of the year is to 2024
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3 years ago
Disequilibrium occurs when
Simora [160]

Answer:

. quantity supplied does not equal quantity demanded.

Explanation:

Disequilibrium is a situation where the market price is below or above the intersection point of the demand and supply curve. As a result, the market experiences a shortage or surplus of a product. Therefore, at disequilibrium, the quantity supplied does not match the quantity demanded.

Disequilibrium is the contrast of equilibrium. At equilibrium, supply matches demand, meaning there is no surplus or shortages in the market.  If the quantity supplied exceeds quantity demanded, then the market experiences a surplus. Shortage arises if the quantity demanded is more than the quantity supplied.

6 0
3 years ago
Read 2 more answers
Read the excerpt from "If" by Rudyard Kipling.
Marysya12 [62]

Answer:

B is your answer trey

Explanation:

7 0
3 years ago
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Rihanna Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual
mariarad [96]

Answer:

7.5 years

Explanation:

Payback is the period a project takes to recover its initial capital outflow.

The formula for calculating the payback period = Initial investments divide by net cash flow per period.

Payback Period = Initial Investments/ Net Cash Flow per Period

Payback period = $450,000/ $60,000

Payback period =7.5 years

8 0
3 years ago
This information relates to Cullumber Co..1.On April 5, purchased merchandise from Oriole Company for $27,900, terms 2/10, n/30.
mixas84 [53]

Answer:

Explanation:

The journal entries are shown below:

On April 5

Merchandise Inventory A/c $27,900

         To Accounts payable A/c  $27,900

(Being merchandise purchased on credit)

On April 6

Merchandise inventory A/c Dr $670

       To Cash A/c $670

(Being freight is paid by cash)

On April 7

Equipment A/c Dr $31,600

     To  Accounts payable A/c  $31,600

(Being equipment is purchased on credit)

On April 8

Accounts payable A/c  $3,700

   To Merchandise inventory A/c Dr $3,700

(Being the returned goods is recorded)

On April 15

Accounts payable A/c Dr $24,200           ($27,900  - $3,700)

     To Cash A/c   $23,716                   

     To Merchandise Inventory A/c $484                      ($24,200 × 2%)

(Being due amount is paid and the remaining balance is credited to the cash account)

5 0
3 years ago
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