Answer:
The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.
Explanation:
For the purpose of regular income tax, the deduction pertaining to medical expenses are available up to the extent it exceeds 10% of AGI.
Deduction available = excess expenses incurred - 7.5% of AGI
= ($16,000 + 4,000 + 2,500
+5,000) - 7.5%*130000
= 27500 - 9.750
= $17,750
Therefore, The Sammy and Monica’s medical expense deduction for regular income tax purposes is $17,750.
Answer: $2,210,000
Explanation:
From the question, we are informed that the Baldwin company will sell 100 units (x1000) of capacity from their Baker product line and that each unit of capacity is worth $6 plus $4 per automation rating.
We are further told that the Baldwin company will sell the capacity for 35% off. The amount they'll receive when the capacity is sold will be:
The cost per unit will be
= 6 + (4 × 7)
= 34
The worth of the capacity will now be:
= 100000 × 34
= 3,400,000
The amount received will be:
= 3400000 × (1-35%)
= 3400000 × 0.65
= $2,210,000
The correct answers to the given questions are given below:
- Operations
- Competing
- Direct reporting stakeholders
- Only virtual meetings
- Program Stakeholder Engagement
- Appetite
- Organizational project management
- Are only one part of
- Benefits management plan
- Governance complexity
- Formulation
- Risk
- Discussion
- Program
<h3>What is Risk Appetite?</h3>
This refers to the risk capacity of a company with regards to the maximum risk which it is ready to accommodate in the production process
Read more about risk appetite here:
brainly.com/question/25658781
What<span>approximately would be the total population of Illinois?
</span>
-12 million