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
Troyanec [42]
3 years ago
6

The shared federal and state health insurance program for low-income persons is called

Business
1 answer:
Olin [163]3 years ago
8 0

The joint federal and state health insurance program for low-income persons in the United States is called MEDICAID. Medicaid, helps with medical costs for those people with limited resources and income. While Medicaid is jointly funded by both federal and state governments, it is managed by the state governments.

You might be interested in
Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
nasty-shy [4]

Answer:

Betty's AGI = $28,934

Complete Page 1 of Form 1040 for Betty is attached.

Explanation:

<u>Adjusted gross income:</u>

Adjusted gross income (AGI) is an income measurement for the purpose of calculation of tax payable.

AGI is calculated by deducting allowable deduction from taxable income.

<u>Notes for the working attached:</u>

  • The salaries and expenses are deductible as business expenses.
  • Depreciation and real estate taxes are deducted as rental/royalty-related deductions.
  • Interest income is included in the adjusted gross income.
  • Alimony expenses are deductible from the adjusted gross income.
  • The revenue from apartment building is assumed as interest income and NOT the total income.
  • The real estate and charitable contributions are itemized deductions.

Download xlsx
4 0
3 years ago
Questions are in the picture. Thanks!
Bogdan [553]

Answer:

i dont know i need points

7 0
2 years ago
Costs of Acquiring Fixed Assets
Zepler [3.9K]

Answer:

The answer is given below:

Explanation:

a.

1.Yes

2.Yes

3.Yes

4.Yes

5.Yes

6. Yes

b.

7.No

8.Yes

9.Yes

10.No

11.No

12.No

As a rule of thumb,those costs which increase the value or useful life of asset should be capitalized where as those costs that are incurred to maintain the usage of asset are revenue expenditure and should be charged to income statement not the asset.

8 0
3 years ago
Read 2 more answers
Kelly, Lars, and Mona agree to be partners in Neighborhood Delivery Service (NDS), splitting the profits equally. Kelly contribu
Vikentia [17]

Answer:

2) all of the partners in proportion to their shares of the profits

Explanation:

Partnership refers to a mutual agreement between two or more individuals, deciding to carry on a business and share it's risks and rewards in the profit sharing ratio as stipulated, or as provided in the partnership deed.

Upon retirement or death of any of the partners, the partnership is said to have been dissolved. Upon dissolution, the profits and losses arising consequently shall be shared by the remaining partners in their profit sharing ratio. A firm may decide to voluntarily dissolve too.

In the given case, upon dissolution, liabilities exceed assets and thus indicate a loss.

This loss shall be borne by all of the partners in their profit sharing ratio and not in the ratio of their capitals.

6 0
3 years ago
In the past, how have you handled receiving conflicting instructions from different people at the same time?
Anvisha [2.4K]
By asking questions and demonstration. In this way, you would be able to understand the instructions fully. With the help of demonstration, it will help you understand on what to do while by asking questions, it allows you to understand the whole procedure and its importance.
3 0
2 years ago
Other questions:
  • What is the difference between ordinal utility and cardinal​utility?
    7·1 answer
  • Now suppose firm x undertakes a process innovation that reduces its marginal cost of production from $20 to $15. the fixed cost
    5·1 answer
  • Megan graduated from college three years ago and has been working at Sterba Inc. ever since. A conscientious employee, she has c
    13·1 answer
  • Ahnberg Corporation had 680,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
    15·1 answer
  • What is the accounting problem that the linbarger company faces?
    12·2 answers
  • How do you view your account balance online?
    13·1 answer
  • Palante actually produced 8,000 units. The controller decided to compare their actual results to their budget. The following bud
    5·1 answer
  • Resort Hotel Company replaces Sharon, a forty-five-year-old employee, with Terry. Sharonfiles a suit against the employer under
    5·1 answer
  • There are four basic sources that multinational companies (MNCs) can tap for positions. These are: A. host-country nationals, th
    13·1 answer
  • Supervisors can more easily manage employees' motivation than they can their ability or the environment.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!