Cindy fell on the ice and injured her hip this winter. As a result she paid $5,000 for a visit to the hospital emergency room and $1,000 for follow-up visits with her doctor. While she recuperated, Cindy paid $700 for over-the-counter medicine, and $500 to a therapist for rehabilitation. Insurance reimbursed Cindy $2,500 for these expenses. If Cindy’s AGI is $32,000, how much will she be able to claim as a medical expense deduction?

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Taking commercial paper means the holder acts honestly

Identify the level of the literature hierarchy for u. s. gaap to which each item belongs