1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
3 years ago
8

Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns

65, she can deduct the premiums that exceed 7.5% of her adjusted gross income. Which type of policy does Eliza have?
Business
1 answer:
Umnica [9.8K]3 years ago
6 0

Answer:

Qualified Long-Term Care.

Explanation:

Qualified Long-Term Care includes services that are required for diagnostic, preventive, therapeutic, curing, treating, mitigating, and personal care services that is given to a person that is chronically ill.

A person that is chronically ill is qualified for this insurance plan.

Because of this policy that is used by Eliza she can deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income.

You might be interested in
A basic objective of a CPA firm is to provide professional services that conform with professional standards. Reasonable assuran
Vsevolod [243]

It should be noted that basic objective of a CPA firm is to provide professional services, and this is done by system of quality control.

With the establishment of quality control policies as well as procedure, reasonable assurance can be provided.

<h3>What are objective of a CPA firm?</h3>

The objective of a CPA firm is to be in control of the system and regulate the system activities.

objective of a CPA firm at;

brainly.com/question/14175988

6 0
2 years ago
Based on the following information, what is the Order Point? Lead Time = 3 Weeks Demand/Week = 200 Units Safety Stock = 1 Weeks’
4vir4ik [10]
I don't know by what you meant
4 0
3 years ago
Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)
Agata [3.3K]

Answer:

240= 3Qc + 3Qd  

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,  

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd  

4 0
2 years ago
On June 1 of Year 1, a company paid $2,400 cash to rent office space for one year beginning immediately. Based solely on this in
Neporo4naja [7]

With an assumption that the company's accounting year is same as the calender year, the income statement would show $1,000 of rent expense.

<h3>What is an income statement?</h3>

An income statement refers to a financial statement that shows a firm's income and expenditures for an accounting year.

Rent expenses = $2,400 prepaid rent / 12 months

Rent expenses = $200 per month

Rent expenses = $200 rent expense per month x 5 months (in Year 2)

Rent expenses = $1,000 rent expense

In conclusion, with an assumption that the company's accounting year is same as the calendar year, the income statement would show $1,000 of rent expense.

Read more about income statement

<em>brainly.com/question/24498019</em>

7 0
2 years ago
Stephen Thublin invests $1,000,000 in a 45-day certificate of deposit with 6.55% interest. What is the total interest income fro
givi [52]

Answer:

$8187

The CD has a rate of 6.55%. This rate is always annual. then, the interest paid for a year is $65.500. (360 days)

As the CD has a term of 45 days only the final interest paid is $8187

6 0
3 years ago
Other questions:
  • I just received a new job. i have the responsibility of leading physicians in the adoption of clinical information systems. my t
    14·1 answer
  • Operating assets include cash, accounts receivable, and inventory but not any depreciable fixed assets.
    8·1 answer
  • What is one example of how a government exhibits limited influence in a market economy?
    11·1 answer
  • When producers of beer brands, such as Coors Light, Bud Light, and Miller Lite depict their brands being consumed in festive par
    10·1 answer
  • a celebrity appearing in a commercial for a soft drink while wearing a certain brand of clothing and holding a certain brand of
    5·2 answers
  • First Simple Bank pays 6.4 percent simple interest on its investment accounts. If First Complex Bank pays interest on its accoun
    8·1 answer
  • Jif Peanut Butter has long used the slogan "Choosy mothers choose Jif." This campaign does not directly challenge competitors bu
    7·2 answers
  • SafeRide, Inc. produces air bag systems that it sells to North American automobile manufacturers. Although the company has a cap
    8·1 answer
  • The sum of the explicit and implicit costs incurred in the production process is called
    7·1 answer
  • What can a borrower do to take control of their debt? O A. The borrower can apply for more credit cards. O B. The borrower can c
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!