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
4vir4ik [10]
3 years ago
9

Dan lives in Duncan, a small town in Arizona. Because of a rare blood disease, Dan is required to take special medical treatment

s once a month. The closest place these treatments are available to Dan is in Phoenix, 200 miles away. The treatments are provided on an outpatient basis but require him to stay overnight in Phoenix. During the year, Dan makes 12 trips to Phoenix by automobile to receive the treatments. The motel he always stays in charges $85 per night. For the year, Dan also spends a total of $250 for meals on these trips. $100 of this $250 is spent while en route to Phoenix. What is the amount of Dan’s qualified medical expenses for 2012?
Business
1 answer:
tester [92]3 years ago
3 0

Answer:

$1,778

Explanation:

Mileage (12 trips x 400 miles x 0.235 per mile) $1,128

Lodging (12 trips x 50 per night max) $600

Meals ($100x0.50) $50

Dan’s qualified medical total expense for the year$1,778

$1,128+$600+$50= $1,778

Therefore the amount of Dan’s qualified medical expenses for 2012 is $1,778

You might be interested in
Your portfolio has a beta of 1.75. The portfolio consists of 17 percent U.S. Treasury bills, 31 percent Stock A, and 52 percent
earnstyle [38]

Answer: 2.77

Explanation:

Portfolio Beta is the Weighted Average Beta of all the individual stocks in a portfolio.

Seeing as the other betas and proportions are given, we can plug this into a formula to find out the beta of stock B.

In case you do not see a beta for the U.S. Treasury bills that's fine because beta is a measure of risk and U.S. Treasury bills have NONE so that means that their better is 0.

And if you are wondering what the beta of stock A is, the answer is 1 because that is the beta of the overall market by definition.

Creating a formula therefore we have,

1.75 = 0.17(0) + 0.31(1) + 0.52x

0.52x = 1.75 - 0.31

0.52x = 1.44

x = 2.76923076923

x = 2.77 (2dp)

2.77 is the beta of Stock B.

5 0
3 years ago
Read 2 more answers
Dan​ Jacobs, production manager for​ GreenLife, invested in​ computer-controlled production machinery last year. He purchased th
gayaneshka [121]

Answer:

The pertinent focuses for Dan​ Jacobs choice are referenced beneath.  

  • The new hardware would cost GreenLife $4,500,000  
  • The new hardware would twofold the creation yield of the old apparatus  

The expense of new hardware and the expansion in the creation yield by 100% are the future expenses and incomes and thus they are significant for dynamic.  

The old apparatus is bought previously. Consequently, the price tag of the old apparatus is immaterial for dynamic procedure. Tho director ought to consider the resale estimation of old apparatus in the dynamic. Tho resale estimation of old apparatus ought to be deducted from the expense of new hardware so as to ascertain the net money surge to buy the new apparatus.  

The director ought to set up an expense and advantage examination or ascertain NPV (net present estimation) of the venture (capital planning investigation) to introduce it before the leader of the organization. The extra costs identified with extra creation ought to likewise be thought of. This investigation would support the supervisor and the president in dissecting that whether they should buy the new machine or not.

4 0
3 years ago
Merchandise inventory is Select one: a. None of the above b. Reported under the classification of Property, Plant and Equipment
Elden [556K]

Answer:

d. Reported as a current asset on the balance sheet

Explanation:

Merchant inventory refers to st finished goods available for sale at any given time. Merchant inventory is commonly referred to as inventory. It is recorded as a current asset in the balance sheet.

Merchant inventory is acquired through purchasing by retailers, wholesalers, and distributors to be sold to customers. Merchant inventory will specifically refer to the unsold goods at the end of a period. It is recorded at its acquisition cost. i.e., the cost which the trader paid to obtain the merchandise.

6 0
3 years ago
True or false: Researchers suggest that the one factor accounting for many of the failures of global teams is ineffective reward
Neporo4naja [7]

This is true. Researchers suggest that  ineffective reward and recognition strategies are factors responsible for the failures.

<h3>What are global teams?</h3>

These are also referred to as the multinational teams. They are the specific type of team that is found in a workforce where the members may be people that are from different places.

By different places, we mean they are from different nations and their cultural backgrounds differ.

Read more on global teams here: brainly.com/question/5392895

7 0
2 years ago
Six months before filing for bankruptcy, shirley sold her new car to her brother, claude, for $100 so that her creditors could n
Ket [755]
<span>In this case, the transfer could be considered voidable by the trustees. This is because Shirley did not receive the fair value for the car, but simply received a negligible amount as a way of trying to defraud her creditors. In this case, the transfer could be voided.</span>
7 0
2 years ago
Other questions:
  • Crabby Shores stock is expected to return 15.7 percent in a booming economy, 9.8 percent in a normal economy, and 2.3 percent in
    9·1 answer
  • The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 800 units @ $ 3.20 First purchase @ Ma
    11·1 answer
  • A real estate salesperson is often approached by home buyers of a particular race. His usual practice is to show them homes in n
    10·1 answer
  • Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a p
    9·1 answer
  • "An investor has sold short stock worth $80,000 in a margin account, depositing the Regulation T margin requirement. If the mark
    11·1 answer
  • Wilson's Winter Woolens manufactures jackets and other wool clothing. A certain designed ski parka requires the following: Direc
    11·1 answer
  • ACME Corp. managers lack the will and resources to develop international marketing strategies but are happy when their company's
    15·1 answer
  • JBC Corp. declared a dividend of $2 per share, which was an increase of 25% from the prior year, yet JBC Corp. stock declined by
    6·1 answer
  • Although ZipCar has some routine operating tasks, its rules and regulations are, for the most part, not strict. ZipCar's decisio
    6·1 answer
  • What indicator provides the clearest indication that an economy is experiencing deflation?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!