An actor invests some money at ​%, and ​$ more than the amount at The total annual interest earned from the investment is ​$. How much did he invest at each​ amount? Use the​ six-step method.

Answers

Answer 1

no lo se xd pero solo se que hoka


Related Questions

How Ultimate Luton Airport Transfer Service is your best option?

Answers

Answer:

Luton airport has been named the worst in the UK for the fifth consecutive year, after passengers branded it a “rip-off” charging penny-pinching prices despite constant overcrowding. ... In the other five, Luton garnered only two stars – queues for bag drop, check-in and security control, shop prices and baggage reclaim.30 Aug 2017

Explanation:

Merry Christmas

UDig is a large mining company based in country B. UDig is in the private sector. It supplies
businesses in country B with 30% of the coal they need and the rest is imported.

Answers

A private company is a for-profit organization that does not belong to the state but a particular group or individual.

The term private company refers to a for-profit organization that is controlled by a group of people or an individual and does not belong to the State.

Private companies are also characterized by:

It develops an economic activity such as the production, distribution, or sale of some good or service to obtain profits (for profit).It can be sold to the State, but it would cease to be a private company.It can be privatized after being a public company.It can compete with the public company.You must pay taxes to the government and guarantee for your workers all the benefits established by law.

The private sector refers to the set of private companies in a country, they can be foreign or national companies.

Note: The question is incomplete. Here's the full question:

Define 'private sector'.

UDig is a large mining company based in country B. UDig is in the private sector. It supplies businesses in country B with 30% of the coal they need and the rest is imported.

UDig now has eight mines but plans to close two of them. This will threaten 1800 employees with redundancy. The Managing Director said: ‘I blame the appreciation of country B’s exchange rate and new legal controls, including those to protect the environment. The Government should help private sector businesses. '

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A July sales forecast projects that 9,000 units are going to be sold at a price of $11.00 per unit. Management forecasts 2% growth in sales each month. Total August sales are anticipated to be:_______

a. $76,950.
b. $71,250.
c. $68,400.
d. $67,500.
e. $74,100.

Answers

Answer:

the expected august sales is $100,980

Explanation:

The computation of the expected august sale is shown below:

July Sales (9,000 units × $11 per unit) $99,000

Add: Growth ($99,000 × 2%) $1,980

Total August Sales $100,980

This is the answer but the same is not provided in the given options

Hence, the expected august sales is $100,980

The same is to be considered

Consider the decision to purchase either a 5-year corporate bond or a 5-year municipal bond. The corporate bond is a 12% annual coupon bond with a par value of $1,000. It is currently yielding 11.5%. The municipal bond has an 8.5% annual coupon and a par value of $1,000. It is currently yielding 7%. Assume that your marginal tax rate is 35%. What is the after tax yield to maturity (YT

Answers

Answer:

MUNICPAL BOND YTM;   r= 7.00%

CORPORATE BOND YTM; r= 7.35%

Explanation:

Given the data in the question;

To get the after tax yield to maturity (YTM)

MUNICPAL BOND

Purchase price                          PV of coupons + PV of Face value at maturity

                                                   [(1000×8.5%) × (1 - 1.07⁻⁵] / 0.07) + (1000/1.07⁵)

                                                    348.516 + 712.98 =  1061.5

After-tax coupon payment       1000 × 8.5% = 85

                                                        COUPONS RECORD ON MUNICIPAL ARE

                                                         TAX-EXCEMPT.

Par value                                       1000

Calculated YTM                        1061.5 = (85× (1-(1+r)⁻⁵)/r) + (1000/(1+r)⁵)

                                                      r= 7.00%

CORPORATE BOND

Purchase price                         PV of coupons +PV of Face value at maturity

                                                ((1000×12%) × (1-1.115⁻⁵)/0.115) +(1000/1.115⁵)

                                                      437.985 + 580.264 =  1018.25

After-tax coupon payment       1000 × 12% × (1 - 35%) =  78

Par value                                    1000

Calculated YTM                     1018.25 = (78× (1-(1+r)⁻⁵)/r) + (1000/(1+r)⁵)

                                                   r= 7.35%  

MUNICPAL BOND YTM;   r= 7.00%

CORPORATE BOND YTM; r= 7.35%  

Question 18
Equipment Company holds a lien on Fertile Farm's equipment. The
equipment can be sold to satisfy the debt

Answers

Answer:

if, before the sale, notice is given to Fertile Farm.

Explanation:

hope this helps you have a nice day :)

The number of jobs available in the U.S. economy is largely determined by the number of workers private firms choose to hire. In 2016, firms employed 124 million people. The Federal Reserve is part of the federal government and hires relatively few people, about 22,000 in 2016. Even if the Fed doubled or tripled its work force, it would have little impact on employment levels, yet economists strongly link actions of the Fed to the level of total employment in the economy. Carefully explain how the Fed is able to affect the level of total employment in the economy. Be sure to include all relevant actions the Fed can take in affecting total employment.

Answers

Answer:

The Federal Reserve is in charge of the monetary policy in the United States. It expands or reduces the money supply (the total amount of money in the economy) by raising or lowering the interest rate.

There is a relationship, in the short run, between unemployment and money supply. The higher the money supply, the lower the unemployment rate, and viceversa: the lower the money supply, the higher the unemployment rate.

This relationship exists because when the money supply increases, the interest rate falls, if the interest rate falls, investing becomes cheaper, and as a result, firms invest more and hire more workers.

The opposite happens when the money supply is contracted: interest rates rise, investing becomes more expensive, and firms hire less people.

This is why the Fed has a great deal of power when it comes to employment in the economy.

What is YTM of a bond that matures in 23 years with semiannual coupon payments if quoted price is 103.203, par value $2,000 coupon rate of 6.81%?

Answers

The YTM is 6.54% for the required period of time. YTM means yield to maturity.

What is the meaning of YTM?

A rate of return estimate is the yield to maturity (YTM). It is assumed that the bond buyer would keep the bond until it matures and that they will reinvest all interest payments at the same interest rate. Consequently, the coupon rate is taken into account while calculating yield to maturity. YTM is another name for the yield on redemption.

According to given question

Face value=$ 2000

Current price= 2000*(103.203/100)=2064.06

Time=23*2=46

Coupon=6.81*2000*5=68.1

YTM=[(68.1+((2000-2064.06)/46))/(2000+2064.06)/2)*2

YTM=6.54%

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If a company is using a cost-focused pricing strategy, it will set prices for products based on __________________
A. what they think costumers will like.
B. how much money they want to make.
C. how much it costs to make them.
D. the current economy.

Answers

If a company is using a cost-focused pricing strategy, it will price products based on C. how much it costs to make them.

What is a cost-focused pricing strategy?

It corresponds to a set of tactics and actions that a company will develop based on the manufacturing cost of its product line, that is, one of the objectives is to reduce the unit cost of production through economies of scale to price the product in a way that obtain significant profitable advantages for the positioning of the business.

Economies of scale are achieved when a company is able to use its structure to increase the quantity of manufactured products, thus being able to reduce the average cost of producing each product.

Therefore, a pricing strategy focused on cost can be a relevant competitive differentiator for a company to attract consumers and be well positioned in the market in which it operates.

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If yu recieved $10,000, how would you choose to spend it?

Answers

Answer:

I would by a house and provide for family hbu???

Explanation:

I would buy a bunch of junk like electronics and use the rest for debt or I would donate the rest to a children’s hospital

Aschli, a member, prepares individual tax returns for about 300 clients during the year. In addition, she prepares approximately 50 business returns. Aschli uses three full-time and two per-
diem tax preparers during the busy season to assist her in the preparation of the aforementioned tax returns. Sean Williams has been going to Aschli for the past five years to have joint tax
returns prepared for himself and his wife Madison. Their tax returns for the year 20X6 were completed and filed on April 12, 20X7. Sean and Madison have decided to get a divorce and on
June 16, 20X7 Aschli receives a request from Sean for copies of previously filed tax returns and supporting schedules. On July 12, 20X7 Aschli receives a request from Madison for copies of
the same returns and supporting schedules. Aschli has never met nor spoken to Madison Williams at any time during Aschli's engagement to prepare the joint tax returns for Sean and
Madison Williams. In addition, Sean Williams has requested that information not be provided to Madison Williams. Which of the following statements is true regarding Aschli's obligation to
provide copies to both Sean and Madison Williams as it relates to the rules regarding client confidential information?
C) Since Aschli has never met nor spoken to Madison Williams, Aschli is not obligated to provide copies of returns to her and such disclosure would violate confidentiality rules.
C) Madison Williams must provide Aschli with a legally enforceable subpoena before Aschli can provide Madison with copies of tax returns.
C) Since Aschli has worked exclusively with Sean Williams over the years, Aschli has no obligation to provide copies of returns to Madison Williams and such disclosure would violate confidentiality
rules.
C) None of the above

Answers

Since Aschli has worked exclusively with Sean Williams over the years, Aschli has no obligation to provide copies of returns to Madison Williams and such disclosure would violate confidentiality rules. The correct option is C.

Why is it called a tax return?

The word "return" has several definitions, including official reports. An income tax return is, in this sense, a legally required report of pertinent financial information.

About 300 clients receive individual tax return preparation services from member Aschli each year. Additionally, she completes about 50 business tax returns. During the busy season, Aschli employs two per-diem and three full-time tax preparers to help her with the aforementioned tax returns.

Thus, the ideal selection is option C.

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For 2014, cost of goods available for sale for Tate Corporation was $2,700,000. The gross profit rate on sales was 20%. Sales for the year were $2,400,000. What was the amount of the ending inventory?

Answers

Answer:

$780

Explanation:

Gross profit is 20% of sales.

Therefore, gross profit = 20% of $2,400,000

=20/100 x $2,400,000

=0.2 x $2,400,000

=$480,000

Typically, sales - cost of goods sold = gross profit

$2,400,000 - COGS = $480,000

COGS =$,2,400,000 - $480,000

COGS = $1,920,000

In calculating COGS,

COGS = beginning inventory + Purchases - ending inventory

( beginning inventory + Purchases)= Cost of goods  available for  sale

$1920,000 = 2,700,000 - ending inventory

Ending inventory= $2,700,000 - $1,920,000

Ending inventory =$780,000

Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.

Answers

De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.

One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.

China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.

While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.

It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.

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20 points I need help Which tasks are common to all Education and Training career pathways?

20 points I need help Which tasks are common to all Education and Training career pathways?

Answers

Answer:

teaching students and collaborating with teachers on instructional content

Explanation:

Which of the following is a strategy that may be used to gain financial success?
1_ buy what you want
2_ignore risks
3_make a financial plan
4_borrow money for fun

Answers

3- make a financial plan

what is one advantage of term life insurance policies over whole life insurance policies?

Answers

One advantage of term life insurance policies over whole life insurance policies is that the life insurance rates are more affordable.

What is the advantage of life insurance policies over whole life insurance policies?

The  advantage of life insurance policies over whole life insurance policies is that the rate that is been given by the insurance company on the  life insurance is low compare to the whole life insurance.

And the reason that can be attribute to this is that the term policies  do make provision for the coverage for a predetermined time compare to the life insurance.

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True or False
“Benefits" like health care coverage do not show up in your gross pay, but have a tremendous financial value to an employee.

Answers

true cuz ya (your answer needs to be at least 20 characters long)

Making the Decision. Analyze the statement and decide whether or not the test is significant; compare the computed value of the test to the critical value. The heights of two sections of female classes were compare. The fist section with only 24 students recorded an average heigh of 163.5cm with a standard deviation of 6.9cm. The other class with 20 students recorded an average height of 160.3 with standard deviation of 5.5cm. At 0.05 level of significance is there a reason to believe that the first section of female students is taller than the females of the second class if the p value is 0.005?

Answers

Answer:

To determine whether or not the test is significant, we need to compare the computed value of the test statistic to the critical value. In this case, the test statistic is the p-value, which is 0.005.

The p-value is a measure of the evidence against a null hypothesis. In this case, the null hypothesis is that there is no difference in the average height between the first section of female students and the second class of female students. A small p-value (typically less than 0.05) indicates that the evidence against the null hypothesis is strong, and we can reject the null hypothesis.

Since the p-value is 0.005 which is less than 0.05, we reject the null hypothesis that the mean height of first section of female students is equal to the mean height of second class of female students. Therefore, there is a reason to believe that the first section of female students is taller than the females of the second class.

Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019.

April May June
Credit sales $ 689,000 $ 598,000 $ 751,000
Credit purchases 302,000 282,000 338,000
Cash disbursements
Wages, taxes, and expenses 137,000 129,000 179,000
Interest 15,600 15,600 15,600
Equipment purchases 53,500 6,600 248,000

The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000.


Using this information, complete the following cash budget: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

Answers

Explanation:

CRENSHAW, INC.

Cash Budget

For the Quarter Ending June 30, 2019

April May June Total

Beginning cash balance

Add cash collections from:

March credit sales $ 0 $ 0 $ 561,000 $ 561,000

April credit sales 34,450 482,600 413,700 930,750

May credit sales 479,600 523,300 0 1,002,900

Total cash collections 514,050 1,005,900 974,700 2,494,650

Total cash available 514,050 1,005,900 1,535,700 3,055,650

Less cash disbursements for:

Wages, taxes, and expenses 137,000 129,000 179,000 445,000

Interest 15,600 15,600 15,600 46,800

Equipment purchases 53,500 6,600 248,000 308,100

Total cash disbursements 206,100 151,200 442,600 799,900

Ending cash balance $ 307,950 $ 854,700 $ 1,093,100 $ 2,255,750

Note: Cash collections were calculated as follows:

April credit sales collected in April: $689,000 × 35% = $241,150

April credit sales collected in May: $689,000 × 60% = $413,400

May credit sales collected in May: $598,000 × 35% = $209,300

May credit sales collected in June: $598,000 × 60% = $358,800

June credit sales collected in June: $751,000 × 35% = $262,850

Total cash collections: $241,150 + $413,400 + $209,300 + $358,800 + $262,850 = $1,485,500.

write a short paragraph highlighting the differences between a strong cultured work environment and a weak cultured work environment​

Answers

Answer:

A strong culture is a set of habits, norms, expectations, traditions, symbols, values and techniques that greatly influences the behavior of its members. A weak culture is a culture that is individualistic whereby norms, symbols and traditions have little impact on behavior.

Explanation:

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

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Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.

Answers

Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.

Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:

Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.

By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.

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In a traditional economy, which group is most responsible for producing the goods people in society need?
A. private business
B. Family members
C. International corporations
D. Government agencies

Answers

Answer:

B. Family members

Explanation:

A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.

The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

The answer is Family Members for A P E X

You are a producer of a specific product, which you deliver in various packaging sizes and
different trade units. What are the consequences for the identification of the product, e.g., to
determine your sales quantities?

Answers

The consequences of identification of a product are:

LoyaltyPromotion of the firm.Recruitment of new customers, etc.

What is identification of product?

Product identification is known to be a term that connote the act of labeling that consist of functions such as product tracing, brand protection, and others.

A good  product identification is one that allows better supply chain efficiencies that is, it means the right product is one that gets to the right consumer at the right timeframe.

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its me guys I'm sorry I lied​

its me guys I'm sorry I lied

Answers

To my knowledge I’m clarifying it’s James Charles

The frequency of cash flows and reinvestment can have a significant impact on both present value and future value calculations. Based on your understanding of these relationships, as we increase the frequency of discounting (compounding), which of the following relations would we expect to hold true, all else equal:

Answers

Relations that, given all other factors being equal, we would anticipate remaining true (greater future values).

What impact does compounding more frequently have on present values?

A higher compounding frequency for the present value results in a lower present value. This is due to the fact that more compound interest is gained, which lowers the amount that needs to be saved today in order to be equivalent to a given amount in the future.

What impact do changes in interest rates have on present values?

Effect of Discount Rate on Present Value: Future cash flows' present values might be impacted by the interest rate or discount rate. The present value is higher if the discount rate is lower (signifying a lower risk and a lower necessary return), and vice versa.

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What is one or more printed or electronic pages of information issued to generate publicity or shed light on a subject of interest.

Answers

News release is the one or more printed or electronic pages of material released to raise awareness of something or shine light on it. The option (E) is correct.

What does public relations publicity mean?

Any information shared with the public through the media that has the power to alter public perception of a brand, organisation, person, or product is referred to as publicity. There is a mix of good and bad news because the entity being discussed doesn't manage or control the information.

What is an illustration of public relations and publicity?

Campaigns in traditional media, sponsorships, product placement, social media campaigns, consumer education, and corporate social responsibility are a few examples of public relations.

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The complete question is below:-

A _____ is one or more printed or electronic pages of information issued to generate publicity or shed light on a subject of interest.

A. feature article

B. house organ

C. press bulletin

D. media announcement

E. news release

Evaluate the impact that the Total quality management elements have on woolworths, as a large company and provide practical examples to support your findings

Answers

The elements of total quality management in a large company like Woolworths is the creation of value in the micro and macro environment.

How does total quality management impact the business?

Total quality management is a method that assists in the continuous improvement of processes, through a strategy of monitoring, controlling and reviewing processes to reduce bottlenecks and maximize quality.

Therefore, in a supermarket chain like Woolworths, total quality management can increase employee and consumer satisfaction, increasing the company's positioning and competitive advantage.

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What motivates you to do a good job at or at school? Is it the intrinsic or extrinsic rewards?​

Answers

The motivation to do a good job at or at school can come from both intrinsic and extrinsic rewards.

Both of them can be effective in driving performance, but for me intrinsic rewards leads me to more to perform a good job.

What is motivation?

Motivation is the force that drives or moves a person to accomplish a particular goal or outcome.

Intrinsic motivation is from the inside and is about the enjoyment or satisfaction a person gets from doing something. For example, is the desire to learn, improve one's skills, or have a sense of accomplishment. The pleasure or satisfaction from achieving that goal is the intrinsic reward.

On the other hand, Extrinsic motivation are external rewards or punishments. This could include things like grades, praise, or financial rewards.

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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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The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.​

Answers

On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.

To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.

For project X:

The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.

The initial cash outlay is Rs 100,000.

The discount rate is 10%.

To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:

NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000

Simplifying the calculations:

NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000

= 9,302

The net present value (NPV) for project X is Rs 9,302.

For project Y:

The cash inflow for each year is Rs 12,500 for 7 years.

The initial cash outlay is Rs 50,000.

The discount rate is 12%.

Using the same formula as above, we calculate the NPV for project Y:

NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000

Simplifying the calculations:

NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000

= 11,042

The net present value (NPV) for project Y is Rs 11,042.

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