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zalisa [80]
2 years ago
13

All of the following are deductible as medical expenses except:

Business
1 answer:
MAVERICK [17]2 years ago
5 0

Answer:

The correct answer is letter "D": vitamins and health foods that improve a taxpayer's general health.

Explanation:

The Internal Revenue Service (IRS) set deductions of medical expenses that exceed 10% of taxpayers' Adjusted Gross Income (AGI) for 2020. <em>Preventive care, surgeries, dental and vision assistance, psychologists and psychiatrists visits </em>are considered for deductions.  

<em>Prescription medications, glasses, false teeth, </em>and <em>hearing aids </em>are also included but non-prescription drugs -<em>but insulin</em>- are not deductible. Thus, vitamins and healthy food prescriptions are not deductible.

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Cogswell Corporation is considering how to price their patented mega-cogs. It knows that if it prices each widget at $50 then th
allsm [11]

Answer: $25

Explanation:

Total revenue, at price = $50

Total revenue = price × units sold

                       = $50 × 0

                       = 0

Total revenue, at price = $45

Total revenue = price × units sold

                       = $45 × 1

                       = $45

Total revenue, at price = $40

Total revenue = price × units sold

                       = $40 × 2

                       = $80

Total revenue, at price = $35

Total revenue = price × units sold

                       = $35 × 3

                       = $105

Marginal revenue of third unit = \frac{Change\ in\ total\ revenue}{change\ in\ units\ sold}

                                                    = \frac{105 - 80}{3 - 2}

                                                    = $25

5 0
2 years ago
On August 29, Paris and Helen agree that Paris will supply Helen with natural gas for one year beginning on January 1 and Helen
madam [21]

Answer:

The correct answer is letter "B": False.

Explanation:

Anticipatory repudiation is the act by which one party notifies the other intentions of not continuing with their relationship -typically tied to a contract- because of different factors. Those factors sometimes are specified in the terms of the contract and must be met for a Court to qualify the case as an anticipatory breach.

Thus, in the example, <em>Helen should retract her anticipatory breach since she will be able to make the payments for the gas service even though Paris changed the supplier.</em>

5 0
3 years ago
How many of the following four aspects of accounting for pension gains and losses contribute to the reduction in volatility of r
Mashcka [7]

Answer:

The correct answer is 4.

Explanation:

Actuarial gains and losses are better understood in the context of global pension accounting. Except when specifically indicated, this definition refers to pension accounting under generally accepted accounting principles in the United States (GAAP). While the US GAAP and the International Financial Reporting Standards (IFRS) prescribe similar principles for measuring pension benefit obligations, there are key differences in the way in which the two standards inform the cost of pensions in the income statement, in particular the treatment of actuarial gains and losses.

8 0
3 years ago
shelly is 3 years older than Michele. four years ago the sum of their age was 67. find the age of each person now.
mash [69]
This was 4 years ago - 32 Michele - 35 Shelly
Now - Michele is 36, Shelly is 39

7 0
3 years ago
What is the median of 0,9,6,4,2​
Lorico [155]

Answer:

I think the answer is 3 or 5

Explanation:

hope everyone is healthy

3 0
3 years ago
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