Refer to the following items on the balance sheets of a firm for the years ending December 31, 2018 and 2019.
Item 2018 2019
Accounts Payable $729,500 $917,300
Long Term Debt $1,267,700 $1,093,400
Common Stock ($1 par) $2,184,000 $2,471,300
Retained Earnings $3,227,100 $3,419,800
If the firm's interest expense on its 2019 income statement was $312,920, calculate the net cash flow to the firm's creditors in 2019.
a) $312,920
b) $138,620
c) $425,920
d) $487,220

Answers

Answer 1

Answer: d) $487,220

Explanation:

The net cash flow to creditors in 2019 is calculated by the formula;

= Long term debt in 2018 - Long term debt in 2019 + Interest expense in 2019

= 1,267,700 - 1,093,400 + 312,920

= $‭487,220‬


Related Questions

Before signing a contract, you should ___.

A. Read the fine print

B. Ask to have time to review it

C. Have someone else look over the contract

D. All of the above

Answers

The correct answer is D. All of the above. Before signing a contract, it is important to read the fine print, ask to have time to review it, and have someone else look over the contract to ensure that you understand all the terms and conditions.

Part of the investigation process for government administrators includes taking notes about conversations and preparing research topics to participate in which of the following?

A: Debates
B: Hearings
C: Audits

Answers

Answer:

B

Explanation:

YAN PO I HOPE IT HELPS PO PA BRAINLY NA LNG PO

If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27

Answers

The range between $3 and $27 is three standard deviations away from the mean.

Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.

According to the given information, the population mean is $15, and the population standard deviation is $4.

This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.

Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.

The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.

To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.

The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.

To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.

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describe the role apple, netflix, and walmart have in the global economy

Answers

Apple, Netflix, and Walmart have vastly different roles in the global economy, but they all have one thing in common: they have disrupted traditional business models and changed the way people consume products and services. These companies have become leaders in their respective industries and will continue to shape the global economy in the years to come.

Apple is an American multinational technology company that designs, manufactures, and markets a wide range of consumer electronics, computer software, and online services. The company's innovative products and services have transformed the global technology landscape, with its flagship iPhone and iPad devices becoming ubiquitous worldwide. Apple's market capitalization has exceeded $2 trillion, making it one of the most valuable companies in the world.Netflix, on the other hand, is a streaming entertainment service that has revolutionized the way people consume TV shows, movies, and other forms of digital content. With a global subscriber base of over 200 million people, Netflix has become a cultural phenomenon that has disrupted traditional cable TV and movie theater models. Its ability to produce original content and provide personalized viewing experiences has made it a powerful force in the entertainment industry.Walmart, the largest retailer in the world, plays a significant role in the global economy by providing essential goods and services to millions of people every day. The company has a presence in over 25 countries and employs over 2.3 million people worldwide. Walmart's supply chain and logistics operations are among the most sophisticated and efficient in the world, allowing it to deliver products at lower prices than many of its competitors. The company's sheer size and reach have made it a vital player in the global retail market, driving down prices and increasing competition.

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Part A
Step 1 Starting at MIDNIGHT, (12:01am) ending 3 days later (72hr) at MIDNIGHT (11:59pm) You can start any day of the week, upto Sat Mar 04.

 For a minimum of 3 consecutive days monitor the time you spend doing the 8 different activities listed below
NOTE: Avoid using weekends only in your monitoring and try to stay with mid-week,
e.g. Tues, Wed, Thurs, where majority of days are mid-week.
 Use the attached time sheets to record blocks of time. Round off to the nearest hour. Precision isn’t the goal. e.g. 2hrs and 20 minutes, would be rounded down to 2 hours. 2 hrs and 30 minutes would be rounded up to 3 hrs.
 The full 24 hours of each day must be accounted for.
The following 8 categories are recommended to cover the majority of possible activities one might perform in the course of a day.

 Sleep
 Personal maintenance (showers, laundry, housecleaning, grocery shopping, family requirements etc.)
 Travel (to work, to school, or for appointments)
 Work hours (total hours at the workplace, excluding lunch or breaks)
 School (total hours in classes, plus time spent, studying, re-writing notes, completing assignments, time on blackboard)
 Fitness (formal or informal, attending the gym or walking home from work)
 Recreation (other than fitness related, TV, Movies, Leisure reading, online shopping, crafts, Video games, children’s sports activities, dates, coffee meet ups)
 Volunteer activities (United Way, Big Brothers/Sisters, your religious institution activities, PTA with schools)


Three day's activities
Time day day day
Activities Activities Activities
12:01-
1:00am
1:00am-
2:00am
2:00am-
3:00am
3:00am-
4:00am
4:00am
5:00am
5:00am-
6:00am
6:00am=
7:00am
7:00am-
8:00am
8:00am-
9:00am
9:00am-
10:00am
10:00am
11:00am
11:00am-
12:00pm
12:00pm
1:00pm
1:00pm-
2:00pm
2:00pm-
13:00pm
3:00pm-
4:00pm
4:00pm-
5:00pm
5:00pm-
6:00pm
6:00pm-
7:00pm
17:00pm-
8:00pm
8:00pm-
9:00pm
9:00pm-
10:00pm
10 00pm
11:00pm
11:00pm-
11:59pm

Answers

Here is an example of a three-day activity log:

The Activity Log

Day 1:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 2:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Day 3:

Time Sleep Personal Travel Work School Fitness Recreation Volunteer

12:01-1:00 1

1:00-2:00 1

2:00-3:00 1

3:00-4:00 1

4:00-5:00 1

5:00-6:00 1 1

6:00-7:00 1 1

7:00-8:00 1 1

8:00-9:00 1 1

9:00-10:00 1 1

10:00-11:00 1 1

11:00-12:00 1 1

12:00-1:00 1

1:00-2:00 1

2:00-3:00 1

Note: The actual activities and time allocation would depend on the individual's personal and work life. This is just an example to illustrate how the log can be filled out.

It's important to be honest and accurate while filling out the log to get the most benefit from it.

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what is economic system ?​

Answers

An Economic System, sometimes known as an Economic Order, is a system for producing, allocating resources, and distributing products and services within a community or geographical region. It is made up of the numerous organizations, agencies, entities, decision-making processes, and consumption patterns that make up a community's economic structure.

Answer:

An economic system, also known as an economic order, is a method of producing, allocating resources, and distributing products and services within a community or geographical region.

Countries and governments allocate resources and trade commodities and services through economic systems. They are used to manage the five components of production: labor, capital, entrepreneurs, physical assets, and information assets.

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Let’s say Bob wants to offer an insurance package to his employees that will cover any outpatient surgery charges, tooth sealants, and glasses. His total annual cost for providing these insurance plans will be $
per employee for the year.

Let’s assume that Schmidt wants to cover his employees’ expenses in case of disability. He also wants to ensure that the family of an employee is provided for in the event of an employee’s loss of life. The total annual cost for providing these insurance plans will be $
per employee.

Answers

Answer: its 480$ per person

Explanation:

just got 100

Technology plays a major role in how warehouses are managed these days - from order
processing right through to inventory keeping and shipping. Do some research on what systems
are available and specifically the financial benefits it holds for the user

Answers

Answer:I don’t know

Explanation:sorry

Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations. Enter your answers a percent rounded to 2 decimal places (e.g., 32.16).)
Stated Rate (APR) Number of Times Compounded Effective Rate (EAR)
8.2 % Quarterly %
17.2 Monthly
13.2 Daily
10.2 Infinite

Answers

Answer:

a.  8.46%

b.  18.62%

c.  14.11 %

d. 10.74%

Explanation:

Effective annual rate = (1 + periodic interest rate)^m - 1

Periodic interest rate = APR / number of compounding

m = number of compounding

a. (1 + 0.082 / 4 ) ^4 - 1  = 8.46%

b. (1 + 0.172 / 12) ^12 - 1  = 18.62%

c. (1 + 0.132 / 365) ^365 - 1  = 14.11 %

d. EAR = е^0.102 - 1 = 10.74%

QL
Question Type: Multi-Select
Which type of documents, available in iQMS™ Wiki, define the
Various lifecycle models covering the phases, associated activities, their relationships and relevant work products?

Answers

The correct answer are Process Model Documents and Software Development Lifecycle (SDLC) Model Documents

Which of the aforementioned is offered by iQMS?

IQMS offers comprehensive ERP and MES software for the automotive, medical, aerospace and military, assembly, food and beverage, packaging, plastics, stamping and metals, and process-specific industries, with a focus on midmarket, repetitive, batch-process, and discrete manufacturing.

What is the purpose of iQMS Wiki?

To assist you in completing your project, the iQMSTM contains policies, processes, practises, and enablers. Understanding iQMSTM is hence essential in TCS. The QMS Wiki is the organisational process repository for all processes, tools, and practises.

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Question:

Which types of documents, available in iQMS™ Wiki, define the various lifecycle models covering the phases, associated activities, their relationships, and relevant work products?

A. Process Model Documents

B. Software Development Lifecycle (SDLC) Model Documents

C. Risk Assessment Reports

D. Employee Performance Evaluations

Please select all that apply.

Assume that a properties CAM expense is 30,000 per year and 60% fixed. The occupancy is 70%.

Answers

$30000 value should be entered in the Amount 1 field in the Operating tab.

What is CAM expense?

Common Area Maintenance charges, or CAM for short, are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property. Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square footage of the property. A common example of a CAM item is the cost of cleaning the walkways in a shopping mall.

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Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.

Answers

A company can issue different types of preference shares. Preference shares are shares in the equity of a company that entitle the holder to a fixed dividend amount to be paid by the issuer. The types of preference shares are:
Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.

Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:

Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.

Answers

Answer:

I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.

I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.

A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.

Explanation:

PLATO sample answer

A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.

Bank Account:

We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.

We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.

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Your uncle has just purchased a wheat farm and wants your advice on how he should price his product. Explain to your uncle the characteristics of the market structure under which his farm falls and how this will help him to determine the price and quantity of the wheat he will produce.

Answers

Answer:

the wheat firm is perfectly competitive

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

he is a price taker and the price of his wheat which would be equal to equilibrium price would be determined by market forces

if he sells at the market price, he would sell all his wheat

Explanation:

If the uncle sells above equilibrium price, he would not sell any wheat

he cannot sell below equilibrium price because he would make losses

When did kylie jenner was born

Answers

In a castle !!!!!!!!!!!!

Answer:Kylie Jenner was born in August’s 10th 1997 making her 23 years old

A salesgirl gets$20.00 for every$100.00 of bread she sells.In one month she sells 50 large loaves of bread at$12.00 each and 80 small loaves at$5.00 each.
Calculate her commission.​

Answers

Answer:

Commission is $200

Explanation:

Step 1: Calculate Sales Revenue

(50 * 12) + (80 * 5) = $1,000

Step 2: Calculate how many times she achieved $100 in sales

1,000 / 100 = 10

Step 3: Calculate Commission

20 * 10 = $200 in commission

Assume that the British government eliminates all controls on imports by British companies. Other things being equal, the U.S. demand for pounds would ____, the supply of pounds for sale would ____, and the equilibrium value of the pound would ____. a. remain unchanged; increase; decrease b. remain unchanged; increase; increase c. decrease; increase; decrease d. increase; increase; increase

Answers

Answer:

increase

increase

decrease

what is a student loan in buisness and please awser me

Answers

A student loan is a type of loan that is specifically designed to help students pay for their education expenses, such as tuition, fees, books, and living expenses. Unlike business loans, student loans are not used for business purposes, but rather to help students finance in their education and to achieve their academic goals.

In at least 3 sentences for each, provide examples for how Ford Motor Company should market differently to Millennials

Answers

Ford Motor Company can market differently to Millennials in several ways, here are a few examples:

Focus on sustainability and environmentally friendly featuresEmphasize technology and connectivityUse social media and influencer marketingWhat is Ford Motor?

Focus on sustainability and environmentally friendly features: Millennials are more environmentally conscious and want products that align with their values. Ford can market its electric and hybrid vehicles, as well as other sustainable features, to appeal to this demographic.

Emphasize technology and connectivity: Millennials are tech-savvy and highly connected, and they value cars with advanced technology and connectivity features. Ford can market its cars with features such as in-car entertainment systems, smartphone integration, and driver-assist technology to appeal to this group.

Lastly,  the use social media and influencer marketing: Millennials are heavily influenced by social media and trust recommendations from friends and influencers. Ford can use social media and influencer marketing to showcase its cars, reach a larger audience, and drive engagement among this demographic.

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Hayes Inc. provided the following information for the current year: Beginning inventory 270units Units produced 920units Units sold 980units Selling price$320/unit Direct materials$52/unit Direct labor$33/unit Variable manufacturing overhead$32/unit Fixed manufacturing overhead$45,080/year Variable selling/administrative costs$25/unit Fixed selling/administrative costs$32,500/year What is the unit product cost for the year using absorption costing

Answers

Answer:

$163

Explanation:

Given the above information, the unit product cost using absorption costing is computed as;

= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead per unit

= $52 + $33 + $32 + ($45,080/980)

= $117 + $46

= $163

What is potentially problematic about using religious symbols in
advertisements?

Answers

Answer:

They might offend the intended audience.

Explanation:

If you have a certain religion and one company advertises one of those religions that is not yours customers may take offense to it and you will have less customers therefore less profit.

Potentially problematic, using religious symbols in advertisements is likely to be reckoned offensive.

What is an advertisement?

The term advertisements refer to promoting brands or any products digitally or through a campaign by which the advertisement can be there in it by an advertisement the sales of the product can be there, and more revenue can be generated from it. By the advertising. The more about the product sales be there in it.

Using religious symbols in advertising make problematic can be there, and using religious things in advertising can hurt people's internal sentimental as well the person is more like to be religious as compared to the advertisements in it. Using religious things make the advertisement more potentially and more.

 

Therefore, it is always a problem to use advertisements in religious symbols.

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Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?

Which diagram arranges the types of business organizations from the most complicated to start to the

Answers

Answer:

C. Corporation- partnership - Sole Proprietorship

Explanation:

Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.

What is partnership?

Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.

In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.

Thus, option C is correct.

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Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?

Answers

Answer:

ok answer is c

Explanation:

i did this today and got a 100%

In which scenario is an individual's behavior least likely to change?

a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.

d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.

Answers

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

In the other options, there are actual incentives/consequences for the thing they are trying to change. Without those, it’s more of a suggestion, and people are less likely to change without those incentives/consequences because it doesn’t directly affect them.

It’s like your mom saying “You should really do your homework.” versus “If you don’t do your homework, I’ll take your phone.” or “If you do your homework, you can have ice cream after dinner.” In this scenario, you are more likely to change with the incentives/consequences because it directly affects you.
Final answer:

An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.

Explanation:

In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.

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Marketers commonly ask celebrities to endorse products, but tying a brand to a celebrity
can come with risks if that celebrity falls out of favor with the public as the result of a
something they do or say that is perceived negatively.
1. How would you determine if the signing of a celebrity to an endorsement deal is
worth the risk? 2. What would you want to know to make that determination and reduce
the risk potential? 3. List two pros and two cons of tying celebrities to a brand.
The answer to each of the three questions must be a minimum of a paragraph consisting
of five useful sentences per paragraph.

Answers

Several considerations need to be taken into account in order to decide whether signing a celebrity to an endorsement arrangement is worth the risk. It is crucial to first assess the public's view of the celebrity.

How would you decide whether it's worthwhile to sign a famous person to an endorsement contract?

Consider the costs and potential future sales before deciding whether the investment is worthwhile. Whenever in doubt, pick a different marketing strategy. Take into account the celebrity's private life or choices because any publicity could have an impact on the success of your endorsement.

What risks are associated with celebrity endorsement?

The study's findings suggest five criteria that are connected to the possible hazards of celebrity endorsements. These elements are: Several Products

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Is a measurement of the way suppliers respond to a change in price

Answers

Answer:

Elasticity

Explanation:

Elasticity of supply is a measure of the way suppliers respond to a change in price.  

Good Luck!

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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How does finance and insurance affect in our global economy?

Answers

The ways that finance and insurance affect our global economy include:

Capital allocationRisk management

How can finance and insurance affect the economy ?

Finance plays a crucial role in allocating capital to its most productive uses. Through the provision of financial services such as banking, investment, and asset management, finance channels funds from savers to investors, supporting economic growth and development.

Insurance plays a vital role in managing risk and protecting individuals and businesses from potential losses. By spreading risk among a large pool of insured individuals or companies, insurance enables businesses to invest and take on new opportunities with greater confidence, contributing to economic growth and stability.

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To be effective, an item used as money should serve several functions. Select the statement that best describes money's function as a standard of deferred payment.
a. That a currency can be used to express the value goods and services that are both relatively expensive and goods and services that are relatively cheap.
b. That the purchasing power of a currency is relatively stable over time.
c. That people are willing to accept a currency in the future as compensation for debts accrued earlier.
d. That a currency is widely accepted in exchange for goods and services and therefore makes economic transactions easier.

Answers

Answer:

c. That people are willing to accept a currency in the future as compensation for debts accrued earlier.

Explanation:

Money defines the legal tender i.e. offically issued and that involved the notes, currencies, coins that are circulated via medium of exchange that govern by the government.

So here the people would to accept the  currency in the future that become compensation for the debt that accrued earlier

Hence, the option c is correct

The first question requires you to read Case Study 2 on Page 528: The Arbitration Case of Jesse Stansky

Instead of the questions in the book, answer these:

1. In 5 or 6 sentences, write a standard for Professional Conduct as it might be defined in an employee handbook. Provide at least 3 examples of conduct that would be considered unprofessional.

2. Going back to the original facts of the case (ignore the standard for Professional Conduct that you wrote in Q1), if you were the arbitrator, how would you rule in this case? In at least 2 paragraphs (4-5 sentences each), explain your decision. Be sure to be specific as you explain your ruling. Imagine that you have to relay your decision to the two parties, and you want your reasoning to convince them that your ruling is sound.

The first question requires you to read Case Study 2 on Page 528: The Arbitration Case of Jesse StanskyInstead

Answers

1. Professional conduct in the workplace is defined as the behavior and attitudes that are expected of employees in order to create and maintain a positive and respectful work environment. Examples of unprofessional conduct include:
Failing to follow company policies and procedures
Displaying disrespectful or inappropriate behavior towards coworkers or customers
Engaging in disruptive or violent behavior in the workplace
Misusing company resources, such as technology or equipment

2.Based on the facts of the case, I would rule in favor of Phoenix Semiconductor and uphold the termination of Jesse Stansky. The altercation between Stansky and Lindekin was a clear violation of company policy and the employee handbook, which prohibits fighting on the job. Stansky's behavior was unprofessional and disruptive to the work environment, and the decision to terminate him was appropriate given the circumstances.
Additionally, Stansky's history of disciplinary warnings and previous suspension for a systems control error shows that he has a pattern of disregarding company policies and procedures. Given this evidence, it is reasonable to conclude that Stansky's termination was justified and not arbitrary or discriminatory.

Overall, I believe that Phoenix Semiconductor acted in accordance with their policies and the law, and that the termination of Jesse Stansky was justified.
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