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exis [7]
3 years ago
6

Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for healt

h insurance for her family, $2,500 for dental insurance, $4,000 for health insurance for her 23-year-old daughter who is no longer a dependent, and $3,000 for disability insurance for herself. What is Ellen's self-employed health insurance deduction
Business
1 answer:
stepladder [879]3 years ago
3 0

Answer:

$14500

Health insurance+dental+health insurance for daughter

Disability can't be deducted

Explanation:

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The White Corporation has a capital structure of 60 percent common equity, 10 percent preferred stock, and 30 percent debt. This
Elan Coil [88]

Answer:

with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to

4 0
3 years ago
Do you think it is best to keep track of finances using a check register, a bank statement, or both? Why?
aalyn [17]
It is best to keep both a check register and then to reconcile your bank statement with your check register. That means you have recorded everything that has happened.
7 0
3 years ago
which of the following should be avoided when solving a problem? A) Assessing B)Compromising C) Procrastinating D) Projecting
nexus9112 [7]
Procrastinating and that’s the answer
7 0
3 years ago
Preston Industries has two separate divisions. Each division is in a separate line of business. Division A is the largest divisi
prohojiy [21]

Answer:

The correct answer is D. Assign appropriate, but differing, discount rates to each project and then select the projects with the highest net present values.

Explanation:

The discount rate is the cost of capital that is applied to determine the current value of a future payment.

The discount rate is used to "discount" future money. It is widely used when evaluating investment projects. It tells us how much money is worth now from a future date.

The discount rate is the inverse of the interest rate, which serves to increase the value (or add interest) in the present money. The discount rate, on the other hand, detracts from the future money when it is transferred to the present, except if the discount rate is negative, in case it will mean that the future money is worth more than the current one. The interest rate is used to obtain the increase to an original amount, while the discount rate is subtracted from an expected amount to obtain an amount in the present.

Except in exceptional cases, the discount rate is positive because before the promise of receiving money in the future we have the uncertainty of whether we will receive it or not, since there may be a problem that prevents us from receiving that money. Therefore, the farther the money we are going to receive, the less it will be worth now.

6 0
3 years ago
Atlanta Cement, Inc. buys on terms of 2/15, net 30. It does not take discounts, and it typically pays 65 days after the invoice
shusha [124]

Answer:

The nominal annual percentage cost of its non-free trade credit, based on a 365-day year is 0.2795%

Explanation:

The computation of the nominal annual percentage is shown below:

= Discount rate ÷ (100 - discount rate) × ({Total number of days ÷ payable days} - discount days)

= 2% ÷ ( 100 - 2%) × (365 days ÷ 65 days - 15 days)

= 2% ÷ (98% × 7.3)

= 2% ÷ 7.154

= 0.2795%

The net purchase amount is irrelevant. hence, this part is ignored

5 0
3 years ago
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