Answers
The graphic does not reveal the maximal profit (d) of the monopolist. is the best choice.
What is the monopoly's greatest profit?
Similar to a market place, where MR = Price = MC, we conclude that within a monopolistic, revenue is highest when MR=MC. You will recall that the quantity demanded is flat in a market where there is competition. It possesses a slope of 0.
As little more than a result, the MR curve, that is the gradient of this bend, likewise seems to have an inclination of zero (two zeros added together equal zero).
An oligopoly's likelihood of charging a price that is nearly fully competitively increases with the number of enterprises in the market.
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Related Questions
Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year: Cost Pool Overhead Costs Cost driver Activity level Supervision of direct labor $320,000 Direct laborhours 800,000 Machine maintenance $120,000 Machinehours 960,000 Facility rent $200,000 Square feet of area 100,000 Total overhead costs $640,000 The accounting records show the Mossman Job consumed the following resources: Cost driver Actual level Direct laborhours 200 Machinehours 1,600 Square feet of area 50 Which method of allocation probably best estimates actual overhead costs used? Why? A. Single direct laborhours cost driver because it is best to allocate total costs uniformly to individual jobs. B. Single direct laborhours cost driver because it is easiest to analyze and interpret. C. Three activitycost drivers because they best reflect the relative consumption of resources. D. Three activitycost drivers because product costs can be significantly crosssubsidized.
Answers
The best method of allocating overhead costs to reflect actual consumption of services is C. Three activity cost drivers because they best reflect the relative consumption of resources.
Activity-based costing method of overhead allocation uses overhead cost pools and cost drivers and reflects the actual consumption of production activities by each job or process.
Data and Calculations:
Cost Pool Overhead Costs Cost driver Activity level
Supervision of direct labor $320,000 Direct labor hours 800,000
Machine maintenance $120,000 Machine hours 960,000
Facility rent $200,000 Square feet of area 100,000
Total overhead costs $640,000
Overhead Rates:
Supervision of direct labor = $0.40 per direct labor hour ($320,000/800,000)
Machine maintenance = $0.13 per machine hour ($120,000/960,000)
Facility rent = $2.00 per square feet ($200,000/100,000)
Mossman Job:
Cost driver Actual level Overhead Allocated
Direct labor hours 200 $80 ($0.40 x 200)
Machine hours 1,600 208 ($0.13 x 1,600)
Square feet of area 50 100 ($2.00 x 50)
Total overhead allocated $388
Thus, with Activity-based costing method, only $388 is allocated to the Mossman Job because the costs allocated are based on three cost drivers and the level of activity consumed by the job.
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Miguel's lab group is conducting an experiment that involves dissolving different amounts of sugar and salt in test tubes. Which safety procedure is the MOSTappropriate for this experiment?
Answers
Answer:
Use a lead apron to protect against radiation.
Explanation:
Select the correct answer.
Which sentence is likely to be the opening of a goodwill message?
Answers
Answer:
B. My sincere congratulations on your promotion.
Explanation:
Goodwill is generally done at the beginning of the introduction or providing some value and hopeful information and can include a warm courteous massage of thanks hat is appropriate such as regards. For the new product, service, or any opportunity.K 8 A bank holds $10 for every $100 in deposits. The bank wants to hold $7 for every $100 in deposits. The bank holds desired reserves of $14,000 and actual reserves of $29,000. What is the actual reserve ratio, the desired reserve ratio, and the excess reserves? >>> Answer to 2 decimal places.
Answers
The actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
How did we get the values?In order to determine the excess reserves, we first determine the deposits. The bank currently holds $29,000 in reserves, and that this represents $10 for every $100 in deposits. Therefore:
$10 / $100 = $29,000 / x
Solving for x, we get:
x = ($29,000 * $100) / $10 = $290,000
So the bank has $290,000 in deposits.
Calculate the actual and desired reserve ratios:
Actual reserve ratio = $29,000 / $290,000 = 0.10 or 10%
Desired reserve ratio = $14,000 / $290,000 = 0.048 or 4.8%
Finally, calculate the excess reserves:
Excess reserves = actual reserves - desired reserves = $29,000 - $14,000 = $15,000
Therefore, the actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
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What is the purpose of tax incentives?
Answers
Answer:
Tax incentives are exceptions, credits, deductions, or exclusions that lower a business's tax obligation to the state or federal government in exchange for taking specific actions (e.g., reducing its environmental footprint, increasing health benefits for employees, supporting minorities, etc.).
Explanation:
With regard to quality management systems, _____ is a formal document that demonstrates a commitment to achieving high quality and meeting customer expectations.
Answers
With regard to quality management systems, quality policy is a formal document.
What is quality management system?
A quality management system is an organised system that keeps track of the procedures, techniques, and roles used to achieve quality policies and goals. An organization's operations may be coordinated and directed with the use of a QMS in order to meet regulatory and customer requirements and continually improve effectiveness and efficiency.
The internationally recognised technique for quality management systems is a set of specifications. Despite the fact that some individuals use it to refer to the ISO 9001 standard or a collection of documents that describe QMS, the term "QMS" really refers to the entire system. As an American response to the Japanese quality revolution, total quality management (TQM), a quality management system that placed emphasis on both statistics and tactics that integrated the entire firm, was developed.
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Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answers
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
Put the following statements in the correct order to summarise the sequence of events in moving from the short-run to the long-run in perfect competition.
Answers
Answer:
ok
Explanation:
Examining how the organization looks to shareholders is part of which of the balanced scorecard perspectives?
A. External perspective
B. Customer perspective
C. Financial perspective
D. Internal business perspective
E. Innovation and learning perspective
Answers
Innovation and learning perspective of the balanced scorecard perspectives. A stakeholder-based method of evaluating organizational performance is called the "Stakeholder Scorecard."
Its main objective is to evaluate how effectively the company integrates and responds to the needs and demands of its stakeholders. The consumer viewpoint of a BSC reveals how a business adds value to its clients and gauges client satisfaction with goods and services. A business's success can be measured by customer satisfaction. Customer Viewpoint: Customer perspective metrics take into account how well the company serves its clients in order to keep a close watch on their requirements and satisfaction.
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Solutions for lack of accurate and timely information?
Solutions for information overload?
Answers
Information overload is a rising issue for organisations all over the world, and improving employee experience is a top concern for the majority of them. The problem is that, despite the fact that information overload is a well-known issue, it appears that most firms have yet to find effective methods to address it, which is rather concerning.
Information overload in the workplace refers to the large volume of irrelevant information that circulates among employees. In today's job, it is difficult to prevent information overload. Most businesses, from start-ups to huge corporations, are experiencing information overload.
It is also critical to deliver correct and timely information. People and organizations will make poor judgements in the absence of accurate, reliable, and timely information.
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How important are structure and culture compared to the other primary internal considerations for a strategic plan?
Answers
Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.
Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.
An effective structure enables employees to work together efficiently, leading to a higher level of productivity.
Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.
A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.
In conclusion, structure and culture are essential components of an organization's strategic plan.
By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.
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Discuss why positive thinking is critical in starting the entrepreneurship journey
Answers
1. Motivation: Starting a business can be challenging, and there will be times when things don't go as planned. Positive thinking can help entrepreneurs stay motivated and focused on their goals, even when faced with obstacles.
2. Resilience: Entrepreneurship is a journey filled with ups and downs. Positive thinking helps entrepreneurs build resilience and bounce back from setbacks quickly. It enables them to focus on solutions rather than dwelling on the problems.
3. Creativity: Positive thinking encourages entrepreneurs to think creatively and come up with innovative solutions to problems. Positivity can help entrepreneurs see possibilities where others may only see challenges.
4. Confidence: A positive mindset can help entrepreneurs approach challenges with confidence, which can be critical when making important business decisions. It helps entrepreneurs believe in their abilities and their vision, which can be contagious and attract others to their business.
5. Networking: Positive thinking can also help entrepreneurs build strong relationships with others. People are naturally drawn to positive individuals, and this can help entrepreneurs build a strong network of supporters, mentors, and partners.
In summary, positive thinking is critical in the entrepreneurial journey because it helps entrepreneurs stay motivated, builds resilience, encourages creativity, boosts confidence, and enables entrepreneurs to build strong relationships with others.
QUESTION 3 of 10: You worked the following hours this week: Monday 8 AM to 5 PM, Tuesday 9 AM to 3 PM, Thursday 8:30 AM to 2:15 PM. You get a 30-minute unpaid lunch break every work day. How many hours will you be paid for this week?
Answers
Answer:
19 hours
Explanation:
8 and a half
5 and a half
5 and 15
A form of advertising that uses rational arguments to communicate why consumers need a specific product by highlighting the benefits associated with the use of that product
Answers
Benefits are significant because they respond to your client's inquiry, "Why should I care about what you have?" Instead of just listing what you have to offer, explain to your customer how your good or service will improve their life in a meaningful way.
What is the importance of knowing the product details before you purchase it?The most crucial sales tool is product knowledge. It is challenging to persuade a customer that a particular product will meet their needs by outlining its benefits or drawbacks. This includes having knowledge of the statistics, advantages, and rivals.
You want your goods or services to have characteristics that clients consider to be worthwhile advantages. You'll boost your sales and profits by emphasizing benefits in your marketing and sales efforts. Remember that customers purchase goods and services in order to satisfy a need or solve a problem.
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Cash in hand $2000
Cash at the Bank $136000
Bought from Mr John
Books $20000
Bags $70000 Bought goods by cheque $8000
Paid cash for Stationery $600
Sold goods for cash $10000
Pald cash for goods $1500
Cash sales to date $1200
Cash sales to date $74000
Paid rent by cheque $ 5000
Paid Mr John's account in cash $90000
Bought goods in cash $60000
Please help to extract a trail balance from all these information.
Answers
Answer:
the answer is 184300 when you subtract
Why must an agent present accurate, complete, and factual plan information to consumers? (Select 3)
To help the consumer gain confidence in the agent's expertise
To help the consumer focus on plan-specific information, such as benefits and costs
To help avoid confusing the consumer
To help avoid misunderstandings
Answers
An agent must present accurate, complete and factual plan information to consumers to:
Help the consumer gain confidence in the agent experience.Help the consumer focus on specific plan information such as benefits and costs.To help avoid confusing the consumer.What should be the positioning of insurance agents?Agents offering medicare plans must be professionals with an ethical stance, who provide the potential consumer with complete information about the plans, their benefits, and costs, in order to avoid confusion about contractual clauses.
Therefore, the insurance agent must provide the consumer with complete information about a health plan, ensuring compliance, reliability in the process, consumer support and training in marketing, service and negotiation.
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Which one of the following accounts will not appear in a balance sheet?
a.) accounts payable.
b.) accounts receivable.
c.) retained earnings.
d.) Owners' equity.
e) utility expanse.
Answers
Answer: Owners' Equity
Explanation: Assets=Liabilities+Shareholders’ Equity
Technically owner's equity is an asset of the business owner—not the business itself
5. Fill the range C6:G10 with the formatting from the range B6:B10 to use a consistent number format for the sales data.
Answers
One of the most beneficial number formats is the proportion (%) format. It shows values as percentages, such as 20% or 55%. This is specially useful when calculating matters like the value of income tax or a tip.
What is a sales tax number?A income tax ID is a range supplied to you through your country tax authority after you register with them to gather taxes. This number is issued by using states to permit you to cost taxes there. You want a sales tax ID variety solely if you determine that you want to cost taxes in a unique state.
GSTIN is the Goods and Services Tax Identification Number. It is a tax registration range that comes under the Goods and Services Tax (GST). This is a 15-digit number that is assigned state-wise to every taxpayer.
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https://brainly.com/question/28485799#SPJ1If you borrow $700 for 6 months at 8% annual simple interest, how much must you repay at the end of the 6 months
Answers
Answer:
\(\$728\)
Explanation:
Let P denotes principal amount, R denotes rate of interest and T denotes time period.
Principal amount \((P)=\$700\)
Rate of interest \((R)=8\%\)
Time \((T)=6\) months \(=\frac{6}{12}=\frac{1}{2}\) years
Simple interest \(=\frac{PRT}{100}=\frac{700(8)(\frac{1}{2}) }{100} =\$28\)
Amount paid at the end of 6 months = P + Simple interest \(=700+28=\$728\)
what is the purpose of IDP
Answers
The basic purpose of IDP is to assist the employees in their career and personal development.
What do you mean by purpose?The purpose means the reason for which something can be done or created.
The basic purpose of IDP is to help employees for reaching short and long-term career goals as well as to improve their current job performance.
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Money market refers to ?
Answers
Answer:
The money market refers to trading in very short-term debt investments.
Answer: A collection of highly liquid short-term investments.
Explanation: Knowledge Matters :0
an investment adviser is registered in state a and state b. an investment adviser representative of that firm:
Answers
IARs (investment advisory representatives) are qualified employees who work for investment advisory firms and are allowed to interact with clients. As a financial adviser or financial planner, an IAR's main duty is to offer advice on investments.
Individuals must pass the required licencing exam or exams and register with the necessary regulatory organizations in order to become IARs.
IARs frequently take part in the following activities, in more detail:
Make Recommendations: IARs use their knowledge and discretion to suggest various securities. They might decide to propose a customer buy after reviewing a research note using the information that their company has done.
Manages Client Accounts: This covers all facets of account management, including handling discretionary accounts and keeping track of administrative problems. For instance, an IAR can ask a shareholder for more money to settle a pending trade.
IARs may offer general investment advice as part of their advisory services. You may write a weekly investment column for a newspaper or provide a daily market update on a local television station, for instance.
Controlling Other IARs: An IAR may oversee other IARs.
An investment adviser representative (IAR) is an individual who works for a registered investment adviser (RIA) and is authorized to provide investment advice to clients on behalf of the RIA. If an RIA is registered in multiple states, an IAR working for that RIA may be authorized to provide investment advice to clients in any of those states. However, an IAR must still comply with the laws and regulations of each state in which they provide investment advice, including any specific licensing or registration requirements that may apply. It is important for IARs to understand and comply with the laws and regulations of each state in which they operate, as failure to do so could result in disciplinary action by regulatory authorities.
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What is the FOCI Mitigation: Proxy Agreement
Answers
A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.
What happens under Proxy agreementUnder a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.
This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.
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Who is a business letter not written by?
Answers
A business letter is not written Option C. between two private individuals.
A business letter is a formal letter used by businesses or companies to communicate with customers, clients, other companies, or government officials. It is used for various purposes, such as requesting information, placing orders, providing feedback, making inquiries, making claims, making offers, and more. Business letters are different from personal letters in that they are more formal, objective, and to the point.
Business letters are usually written by a company's employees who have the authority to do so. For instance, the sales team may write letters to prospective clients to solicit their business, while the human resources department may write letters to job applicants to inform them of their application status. There are various types of business letters, and each serves a different purpose. Some common types of business letters include:
1. Inquiry letters: Used to request information about products, services, or pricing.
2. Order letters: Used to place orders for goods or services.
3. Complaint letters: Used to make a formal complaint about a product or service.
4. Adjustment letters: Used to respond to a complaint or request for an adjustment.
5. Sales letters: Used to sell a product or service.
6. Acknowledgment letters: Used to acknowledge receipt of an order, complaint, or request.
7. Employment letters: Used to communicate with job applicants, employees, or ex-employees.
8. Invitation letters: Used to invite someone to an event or occasion.
9. Cover letters: Used to accompany a resume or job application.
Business letters are important because they create a record of communication between two parties, and they provide a paper trail of events. They are also important because they can be used in legal proceedings, as they show that the parties communicated about a particular matter. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
A business letter is not written
A. between a company and its customers or clients
B. between one company and another company
C. between two private individuals
D. to employees within a company to recognize important achievements
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The least expensive type of marketing research method is a(n)
Answers
In which statement(s) is "demand" used correctly?
(I) “An increase in the price of hot dogs will reduce the demand for hot dogs.”
(II) “An increase in the price of hot dogs will reduce the demand for hot dog buns.”
Answers
Answer:
its Two
Explanation:
In the given statement "demand" is used correctly in “An increase in the price of hot dogs will reduce the demand for hot dog buns.” The correct option is (ii).
What do you mean by the demand?Demand is the consumer's intention to buy a specific product or service. The demand for a specific good on the market is known as market demand.
The total demand for goods and services in the economy is known as aggregate demand. The price of an item or service is determined by how well supply and demand match.
The law of demand is concerned with how often customers want to buy particular goods and services at particular costs.
Demand can refer to the overall demand for all the goods in an economy or the market demand for a particular good.
The real prices of items and the amount that trades hands in a market are determined by supply and demand.
Therefore, in the given statement "demand" is used correctly in “An increase in the price of hot dogs will reduce the demand for hot dog buns.”
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What should food workers
use to handle ready-to-eat
pastries?
O
a. Deli tissue
b. Clean hands
C. Cloth gloves
• d. A single-use apron
Answers
Answer:
Explanation:
b as cloth gloves and tissue and an apron wont do anything when handling a pastries but always have clean hands no matter what
What are the Five Dimensions of The Information Age
Answers
Answer:
The five moral dimensions of the Information Age are: information rights and obligations, property rights and obligations, quality of life, system
Explanation:
Answer:
These issues have five moral dimensions: information rights and obligations, property rights and obligations, system quality, quality of life, and accountability and control.
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Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Answers
Reggie's medical expense deduction is $7,276.
AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.
Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:
Drugs (prescribed by physicians): $5,701
Marijuana (prescribed by physicians): $1,470
Health insurance premiums-after taxes: $1,280
Doctors' fees: $1,320
Eyeglasses: $445
Over-the-counter drugs: $270
Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.
Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486
Reimbursements: $570
Medical expenses after reimbursements: $10,486 - $570 = $9,916
To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.
Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.
Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.
Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276
Therefore, Reggie's medical expense deduction is $7,276.
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explain the utility of statistics as a manegerial tool
Answers
Answer:
"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".
Explanation: