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Lyrx [107]
2 years ago
7

Hector is a married, self-employed taxpayer, and this year he paid $3,000 for his health insurance premiums (not through an exch

ange). Under which of the following alternative conditions can Hector deduct the cost of the premiums for AGI?a. Hector chose not to participate in the employer-sponsored plan of his spouse.
b. Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.
c. Neither Hector nor his spouse participates in an employer-sponsored plan although both are eligible to participate in a plan.
d. Hector can deduct the health insurance premiums regardless of the insurance status of his spouse.
e. None of the choices - health insurance premiums can only be deducted as an itemized deduction.
Business
1 answer:
Korvikt [17]2 years ago
7 0

Answer:

The answer to this question is option  B. Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.

Explanation:

Hector can deduct the cost of the premium for AGI if Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.

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<span>The process of developing, promoting, and distributing products?</span>
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2 years ago
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How do economists define marginal benefit for an individual
hammer [34]

Answer:

Marginal benefit and marginal cost are two measures of how the cost or value of a product changes. ... A marginal benefit is the maximum amount of money a consumer is willing to pay for an additional good or service. The consumer's satisfaction tends to decrease as consumption increases.

Explanation:

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3 0
3 years ago
It costs Waterway Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit
sasho [114]

Answer:

Effect in income= $5,400

Explanation:

Giving the following information:

It costs Waterway Company $26 per unit ($18 variable and $8 fixed) to produce its product.

A foreign wholesaler offers to purchase 5400 units at $21 each.

Waterway would incur special shipping costs of $2 per unit if the order were accepted.

Waterway has sufficient unused capacity to produce the 5400 units.

Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.

Unitary cost= $18 + $2= $20

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3 0
3 years ago
ease answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive day
kherson [118]

Answer:

If a person sold euro futures on <u>3/01</u> then he/she will post a profit on <u>3/02</u> :

Explanation:

Date                                                    3/01        3/02       3/03       3/04

Euro Spot Price                              $1.1585   $1.1589  $1.1584   $1.1593

July euro Futures Contract Price  <u>$1.1850</u>   <u>$1.1812</u>   $1.1823   $1.1820

On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.

5 0
3 years ago
Knowledge of the computer software used by a business is an example of:
earnstyle [38]

Answer:

the correct answer is C.  technical knowledge.

Explanation:

a computer software stores the technical aspects of knowledge. The experience, wisdom and judgement are the ones hold by humans.

The business intelligence softwares are on the rise in the field of business, trade and commerce as it saves time and relief the pressure of managing technical knowledge from employees and gives access to real time data to the top executives to help them in their strategic planning process.  

7 0
3 years ago
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