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pishuonlain [190]
3 years ago
11

Arturo, a calendar year taxpayer, paid $20,300 in medical expenses and sustained a $24,360 casualty loss in 2020 (the loss occur

red in a Federally declared disaster area). He expects $14,210 of the medical expenses and $17,052 of the casualty loss to be reimbursed by insurance companies in 2021. How much can Arturo include in determining his itemized deductions for 2020? Disregard %-of-AGI limitations or casualty loss floor in determining your answers.
Business
1 answer:
vodomira [7]3 years ago
3 0

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.^{}ly/3a8Nt8n

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Men have historically and continue to dominate in fields such as business m anagement, engineering, and medicine because ______o
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Men have historically and continue to dominate in fields such as business management, engineering, and medicine because <u>gender</u> occupational segregation persists in society.

Gender occupational segregation remains one of the defining elements of gender inequality in modern societies. In the society, it is seen that men and women work in different occupations because of a combination of forces, where men have historically and continue to dominate.

Research has shown that occupational segregation is an important aspect of gender inequality in earnings and contributes to other forms of inequality as well.

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What is the economic term for the practice of assigning small parts of a complicated job to individual workers who specialize in
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The Boeing Company created a team made up of employees at the same level from production, planning, quality control, tooling, de
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5 0
3 years ago
A recent gallup study reported that firms with top engagement scores had _____ higher productivity.
Gnesinka [82]
A recent Gallup study reported that firms with top engagement scores had 18% higher productivity. 
Gallup is a company that does market research, and this was one of their latest ones in order to see whether people who engage in their work more actually produce more.
8 0
3 years ago
Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupo
kodGreya [7K]

Answer:

5.4%

Explanation:

Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupon that is paid quarterly. The bond currently sells for $900.90, and the company’s tax rate is 40%. What is the component cost of debt for use in the WACC calculation

Face value of bond = coupon amount / interest rate

1000 = 80 / 8%

Therefore 900.9 = 80 / revised interest rate

multiply both sides by the 'revised interest rate

revised interest rate x 900.9 = 80

Hence, revised interest rate = 80  / 900.9 = 9%

Secondly if the company’s tax rate is 40%, the component cost of debt for use in the WACC calculation = kd (1 - t)

where:

kd = Cost of debt

t = tax rate

Therefore cost of debt for use in the WACC calculation = 9% (1-0.4) = 5.4%

4 0
3 years ago
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