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Goryan [66]
3 years ago
13

Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures

related to Todd's support:
Auto immram;e premiums : 1.700
Room and board at Todd’s school 2,200Health insurance premiums (not through an exchange) 600Travel (to and from school) 350What amount can Ned include in his itemized deductions?a. $1,700 included in Ned's miscellaneous itemized deductions.b. $2,050 included in Ned's miscellaneous itemized deductions.c. $950 included in Ned's miscellaneous itemized deductions.d. $600 included in Ned's medical expenses.e. None of the choices are correct.
Business
1 answer:
UNO [17]3 years ago
5 0

Answer: D. $600 included in Ned's medical expenses

Explanation:

The amount that Ned can include in his itemized deductions will be the $600 that's included in Ned's medical expenses.

It should be noted that the medical expenses will be under the itemized deductions. On the other hand, the other options will be under the miscellaneous itemized deductions. Therefore, the correct option is D.

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On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
san4es73 [151]

Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

Credit sales during the year is here $7500 0

and Cash payments received = 74550

so

uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

8 0
3 years ago
When we put a price tag on goods and services, we are using money as a Group of answer choices store of value. barter token. mea
natima [27]

It emphasizes the labeled price of products and services as a store of value.

<h3>What is the purpose of a price tag in terms of money?</h3>

Money is a unit of account that represents the worth of something. Every item at a shopping mall has a price tag attached to it. We can simply compare the worth of wholly distinct things as a result of this.

For instance, you could wish to buy ice cream for $2 and a blouse for $20.

Thus, the appropriate option is option A which is shown as the store of value.

Learn more about the price tag:

brainly.com/question/10880349

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5 0
2 years ago
The person granting another person to act on their behalf using a power of attorney is called a _______________. A) Potentate B)
luda_lava [24]

Answer:

Principal

Explanation:

6 0
3 years ago
In what way(s) does gdp per capita not provide an accurate representation of living standards?
Alborosie

The ways that gdp per capita  does not provide an accurate representation of living standards is option A, B,C.

<h3>What is gdp per capita ?</h3>

Gross domestic product per capita is used to measure or determine the growth of a nation economy or income of a nation per individual who live in the nation.

Hence, gdp per capita cannot provide an accurate representation of living standards through the followings ways:

  • A. GDP per capita does not measure production that occurs outside of the market economy.
  • B. GDP per capita does not account for changes in environmental quality.
  • C. GDP per capita does not account for how people distribute their time between work and leisure.

The missing options are:

A.  GDP per capita does not measure production that occurs outside of the market economy.

B. GDP per capita does not account for changes in environmental quality.

C. GDP per capita does not account for all final goods and services sold in markets.

D. GDP per capita does not account for how people distribute their time between work and leisure.

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6 0
2 years ago
Douglas McGregor introduced the idea that there are two types of managers: ________ management style is mostly pessimistic and b
solmaris [256]

Answer:

1}Theory X- Authoritarian

2}Theory Y- Participative

Explanation:

Mc Gregor classified management into styles named Theory" X "(authoritarian ) and Theory "Y " (participative ).

Theory X practices vertical and autocratic form of leadership. It is based on the assumption that workers prefer to be pushed to work as they lack ambition and are lazy.

It believes in procedures , reward and punishment.

Contrary to that , theory "Y" believes in relationship and integration .It believes that workers work better when they work under less supervision.

It uses satisfaction , motivation and reward to get the best out of workers.

7 0
3 years ago
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