Which of the following is a true statement?
A. Self-employed taxpayers are not allowed to deduct health care premiums if the taxpayer is eligible to participate in their spouse's employer-provided health plan.
B. The maximum deduction for educational interest is $5,000 for married taxpayers filing jointly.
C. Self-employment taxes paid by self-employed taxpayers are deductible as business expenses.
D. For purposes of the deduction for educational interest, an educational loan must be used to pay tuition to any type of school.
E. All of these choices are correct.
Answer: A
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a. indicates the duration for each activity b. indicates how activities are best sequenced c. is part of the work breakdown structure d. is developed by using CPM
Melita Sailboats Company manufactures 100 luxury yachts per month
A compact media center is included in each yacht. Melita Sailboats manufactures the media center in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $280, and the fixed costs are $40,000 per month. If it outsources the media centers, fixed costs could be reduced by half, and the vacant facilities could be rented out to earn $4,000 per month of rental income. At what contract cost would outsourcing pay off for Melita? A) $520 per unit B) $480 per unit C) $280 per unit D) $400 per unit
Maurice is a fairly new director at ABC Corp Peg, another director, tells him that she believes that the company is in Revlon mode and that the directors should act accordingly. What is Peg referencing?
What will be an ideal response?
The exchange rate in an option contract is called the option's ________
A) premium B) discount C) strike price D) delivery price