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
Vesnalui [34]
3 years ago
8

Taxpayers over 65 can only deduct expenses that are greater than 7.5% of adjusted gross income for

Business
1 answer:
ElenaW [278]3 years ago
7 0
The answer to this is MEDICAL and DENTAL EXPENSES. This is already a fixed law in terms of expenses deduction which would be based on the adjusted gross income. For individuals below 65 years old, they only have 10%. 65 years old is the temporary threshold and this is an exemption making it 7.5% of their AGI or the adjusted gross income. 
You might be interested in
The SCOR model looks at a firm’s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as
Tpy6a [65]

Answer:

Source processes

Explanation:

The SCOR model looks at a firm´s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as being structured around five core management processes including <u>Source processes</u> which are processes that procure goods and services to meet planned or actual demand.

Supply chain operations reference (SCOR):  It is a strategic planning tool that helps in identifying, improving and communicating supply chain management decisions within the company. It is a continuous improvement process and establishing a benchmark for the industry. It also works to develop a business process for satisfying customer´s demand. SCOR is based on five management process:

  • Plan
  • Sources.
  • Make.
  • Deliver.
  • Return.

Source process: This process of supply chain management is defined as steps to procure goods and services to meet the requirement for infrastructural arrangements.

8 0
3 years ago
The difference between zero profit and zero economic profit is that:
Marianna [84]

Answer:

The correct answer is letter "A": economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.

Explanation:

Normal profit is an economic term that means zero economic profits. To an economist, this is normal since total revenue equals total cost which includes both explicit and implicit costs. It differs from the accounting profit or zero profits since the latter does not take into consideration implicit cost.

8 0
3 years ago
The manufacturing overhead budget of Paparella Corporation is based on budgeted direct labor-hours. The November direct labor bu
Andru [333]

Answer:

The answer for question A is $ 70,200

The answer for question B is $ 15.20

Explanation:

A.

 Budgeted direct labor hours = 6,000  hours

Variable overhead rate = $2.00

Variable manufacturing overheads = 6000 x $2 = $ 12,000

Fixed manufacturing overhead = $ 79,200

Total Manufacturing overheads = $ 91,200

Depreciation = $ 21,000

Cash disbursement of manufacturing overhead for November = total manufacturing overheads - Depreciation

= $91,200 - $ 21,000 = $ 70,200

B.

From above, we have  Total Manufacturing overheads = $ 91,200

Budgeted direct labor hours = 6,000  hours

Predetermined overhead rate for the month of November = Total Manufacturing overheads ÷ Budgeted direct labor hours

= $91,200 ÷ 6000 = $ 15.20

3 0
3 years ago
U Do It Centers deposited $3,200 in an account two years ago and is depositing another $5,000 today. A final deposit of $3,500 w
GaryK [48]

Answer:

Total= $13,221.52

Explanation:

Giving the following information:

Deposited $3,200 in an account two years ago and is depositing another $5,000 today.

A final deposit of $3,500 will be made one year from now.

Interest expense= 4.85% compounded annually.

We need to calculate the final value of each deposit using the following formula:

FV= PV*(1+i)^n

First deposit= 3,200*(1.0485^5)= $4,055.01

Second deposit= 5,000*(1.0485^2)= $5,496.76

Third deposit= 3,500*(1.0485)= $3,669.75

Total= $13,221.52

4 0
3 years ago
Composition of my father in French​
Zina [86]

Answer:

<em>COMPOSITION</em><em> OF</em><em> </em><em>MY </em><em>FATHER </em><em>(</em><em>In </em><em>french </em><em>language</em><em>)</em>

Il s’appelle …… Il travail dans un bureau. Il a …… ans. Il est grand/petit.

Il est gentil. Il aime les ……….

(His name is ……… He works in an office. He is …years old. He is tall/short. He is kind. He loves.……)

OR YOU CAN CHOOSE TO WRITE THIS!

Mon père est néphrologue. Il est attentioné et est comme un ami pour moi. On parle de tout. Il m’aide avec mes études aussi. Je peux plaisanter sur n’importe quoi avec lui et il ne m’en voudrai pas et ça va avec moi.

Mon rêve est d’etre un très bien médecin et un très bien etre humain et lui faire sentir fier.

7 0
3 years ago
Other questions:
  • Based on the information provided by this map, which body of water was most likely the center of roman trade
    8·1 answer
  • "An unaffiliated investor wishes to sell a large amount of "144" shares. This person can do so, without being subject to the Rul
    7·1 answer
  • Suppose there are monopoly profits in the production of​ airplanes, but two countries are each determined to capture the industr
    12·1 answer
  • Reminder advertising is primarily used to
    6·1 answer
  • The Bensington Glass Company entered into a loan agreement with the​ firm's bank to finance the​ firm's working capital. The loa
    13·1 answer
  • The First Bank of Flagstaff has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1
    11·1 answer
  • On January 1, 2020, HD Corp. paid $60,000 and issued a 5-year noninterest bearing note payable with a face value of $120,000 in
    8·1 answer
  • mark and shirley, married filing jointly with a modified adjusted gross income (magi) of $92,300, adopted their son, matthew in
    11·1 answer
  • jameson has the following sources of income: sole proprietorship income $40,000 general partnership operating income $5,000 inte
    9·1 answer
  • How much would you be willing to pay to rent an additional oven when the order size is 1 dozen cookies?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!