Courssehero flor is 21 years of age and a full-time student living with her parents. She had wages of $685 ($75 of income tax withholding) for 2022. Can flor file a tax return even though her parents will claim her as a dependent on their tax return?
Answers
Flor can file a tax return for 2022 based on her income and tax liability, even though her parents are claiming her as a dependent. Filing a tax return may be beneficial in terms of claiming a refund and establishing a tax history.
Flor can still file a tax return for the year 2022, even though her parents are claiming her as a dependent on their tax return. This is because filing a tax return is based on an individual's income and tax liability, not on whether someone else is claiming them as a dependent.
In this case, Flor had wages of $685 and $75 of income tax withholding. If she earned this income from a job, her employer may have sent her a Form W-2 showing her earnings and the taxes withheld. Based on her income level, Flor may not be required to file a federal tax return, as the standard deduction for a single individual in 2022 is $12,950.
However, if Flor had any taxes withheld from her wages, she may want to file a tax return to claim a refund of those taxes. Additionally, filing a tax return could also help her establish a tax history and could be beneficial in the future when she starts earning a higher income.
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Related Questions
prime factorization of 1624
Answers
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
what is spam?
A unauthorized email featuring anonymous threats
B unauthorized email asking for sensitive information
C unauthorized email advertising services and events
D unauthorized email accidentally sent to the wrong address
Answers
Hope this helped
Has the Cannabis Act changed the way we view Cannabis in
Canada?
Answers
Yes, the Cannabis Act has changed the way we view cannabis in Canada. The Cannabis Act was introduced in Canada in 2018, and it legalizes recreational cannabis use across the country.
The legalization of cannabis has created a significant shift in how Canadians view cannabis. Canadians have a more positive view of cannabis, and the stigma around cannabis has reduced, which has made people more open to discussing its use. The Cannabis Act has also helped to regulate the cannabis industry, ensuring that the quality of the product is consistent, and that consumers are aware of the risks and potential side effects of using cannabis. The Act also prohibits the sale of cannabis to minors, and it provides penalties for those who violate the regulations.Overall, the Cannabis Act has been a significant step towards changing the way we view cannabis in Canada. It has reduced the stigma around cannabis and created a more positive view of the substance. The Act has also helped to regulate the industry, ensuring that consumers have access to safe and high-quality products. The legalization of cannabis has been a positive move for Canada, and it will continue to have an impact on the country in the years to come.For more questions on risks
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how long will a client’s ovum stay viable after its release to get fertilized?
Answers
After the release of the ovum (or egg) during ovulation, it remains viable for a period of approximately 12 to 24 hours.
This short timeframe is crucial for fertilization to take place. If sperm is present in the reproductive tract during this window, it has the potential to fertilize the ovum, leading to conception. However, if fertilization does not occur within this limited period, the ovum will degenerate and become incapable of being fertilized.
In summary, the viability of a client's ovum after its release is relatively short, lasting for approximately 12 to 24 hours. During this time, the ovum can be fertilized by sperm, resulting in the possibility of conception. However, once this window of opportunity passes, the ovum becomes nonviable and cannot be fertilized.
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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
Answers
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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The contribution approach to the income statement:Group of answer choicesOrganizes costs on a functional basis.Shows a contribution margin rather than a net operating income figure at the bottom of the statement.Is useful to managers in planning and decision making.Can only be used by manufacturing companies.
Answers
Answer: Is useful to managers in planning and decision making.
Explanation:
The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.
This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.
Franky believes that there should be no trade restrictions for any reason. What effect would frankly say that trade restrictions have on prices?
a. Hew would argue that by encouraging competition with trade restrictions, prices are likely to decrease
b. He would argue that restrictions would cause greater competition and therefore lead to higher prices
c. He would say that trade restriction's have no impact on prices, but they do restrict consumer choice
d. He would say that restrictions reduce competition and therefore cause an increase in prices
e. He would argue that trad restrictions increase prices because they break up domestic monopolies
Answers
d. He would say that restrictions reduce competition and therefore cause an increase in prices.
Franky believes that trade restrictions, by limiting competition, reduce market competition and result in higher prices.
According to his perspective, when there are restrictions on trade, domestic businesses face less competition from foreign producers, leading to reduced incentives to lower prices. This lack of competition allows domestic companies to have more control over pricing, potentially leading to higher prices for consumers. Franky sees trade restrictions as a hindrance to competition and believes that removing such restrictions would promote a more competitive market, ultimately leading to lower prices for consumers.
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December 31, our company had a balance of $378,000 in its accounts receivable and an unused balance of $2,340 in its allowance for uncollectible accounts. The company then analyzed the ages of its accounts as follows:
Age of A/R Amount Bad debt estimation % Estimate
Current $311,400 1% $3,114
1–60 days past due 43,200 5% $2,160
61–180 days past due 15,300 15% $2,295
Over 180 days past due 8,100 40% $3,240
Total $378,000 $10,809
The company continues to base its allowance for uncollectible accounts on this aging analysis and percentages.
What amount of bad debts expense does the company report on its income statement for the year?
Select one:
a. $151,200
b. $10,809
c. $8,469
d. $378,000
e. $6,129
Answers
The amount of bad debts expense that the company reports on its income statement for the year is $10,809.
To determine the bad debts expense, we need to sum up the estimated bad debts for each age category. The bad debt estimation percentages are applied to the corresponding amounts to calculate the estimated bad debts.
For the current category, the estimated bad debts are $311,400 * 1% = $3,114.
For the 1-60 days past due category, the estimated bad debts are $43,200 * 5% = $2,160.
For the 61-180 days past due category, the estimated bad debts are $15,300 * 15% = $2,295.
For the over 180 days past due category, the estimated bad debts are $8,100 * 40% = $3,240.
Summing up these estimated bad debts gives us a total of $10,809, which represents the bad debts expense reported on the income statement for the year.
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Mergers and acquisitions associated with conglomeration result
in yet another major trend
Answers
Mergers and acquisitions in conglomeration lead to a significant trend: diversification. By combining different business , companies expand their operations into new industries, creating diverse portfolios and reducing risk.
Mergers and acquisitions (M&A) in the context of conglomeration refer to the consolidation of different companies or businesses into a single entity.
process typically leads to the formation of conglomerates, which are large corporations with diversified business interests across various industries.
One major trend associated with conglomeration through M&A is diversification. By merging with or acquiring businesses operating in different sectors, companies aim to broaden their portfolio of products, services, and markets. This diversification strategy allows them to reduce their reliance on a single industry or market segment, thereby spreading their risks.
Diversification provides several advantages. First, it enables companies to tap into new revenue streams and customer bases. By expanding into different industries, they can reach a broader audience and capitalize on the growth potential of multiple sectors. Second, diversification helps companies hedge against economic downturns or industry-specific risks. If one sector experiences a decline, the overall impact on the conglomerate's financial performance can be mitigated by the strength of other diversified business units.
However, it is worth noting that conglomeration through M&A is not always successful. Integration challenges, cultural clashes, and the management of diverse businesses can pose significant difficulties. Moreover, some argue that conglomerates may become too unwieldy to manage effectively, potentially resulting in decreased operational efficiency and slower decision-making processes.
Nonetheless, the pursuit of diversification through mergers and acquisitions remains a notable trend in the world of business, driven by the desire to expand market reach, reduce risk, and explore new opportunities across multiple industries.
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A company using public relations sends information to media outlets such as newspapers and ratio stations. Who decides what Information about the company the outlets will publish?
Answers
Answer:
The media outlets should be correct
Explanation:
A P E X
Which most strongly drives producers in a free-market economy?
utility satisfaction
government planning
coercion
profit motive
Answers
The factor that most strongly drives producers in a free-market economy is the profit motive.
What is a free-market economy?A free-market economy is an economy in which forces of demand and supply determine how goods and services are allocated or supplied without government intervention.
In a free-market economy, the profit motive is a factor that most strongly drives producers because their aim is to maximize profit by selling at the highest price possible.
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____ an business that is able to raise capital by selling shares on the stock market
Answers
Answer:
public limited company
Explanation:
shares of public limited companies can be freely brought and sold on the sock market .
The Gardner Company, a client of your firm, has come to you with the following problem. It has three clerical employees who must perform the following functions: a. Maintain the general ledger b. Maintain the accounts payable ledger c. Maintain the accounts receivable ledger d. Prepare checks for signature e. Maintain the cash disbursements journal f. Issue credits on returns and allowances g. Reconcile the bank account h. Handle and deposit cash receipts Assuming equal abilities among the three employees, the company asks you to assign the eight functions to them to maximize internal control. Assume that these employees will perform no accounting functions other than the ones listed. 227CHAPTER 7 CONTROL AND ACCOUNTING INFORMATION SYSTEMS REQUIRED a. List four possible unsatisfactory pairings of the functions. B. State how you would distribute the functions among the three employees. Assume that with the exception of the nominal jobs of the bank reconciliation and the issuance of credits on returns and allowances, all functions require an equal amount of time. (CPA Examination, adapted)
Answers
1. Maintaining the general ledger and preparing checks for signature, 2. Maintaining the accounts payable ledger and issuing credits on returns and allowances, 3. Maintaining the accounts receivable ledger and reconciling the bank account, 4. Maintaining the cash disbursements journal and handling and depositing cash receipts.
The Gardner Company needs to assign the eight accounting functions to its three clerical employees in a way that maximizes internal control. Four possible unsatisfactory pairings of functions can be identified:
1. Maintaining the general ledger and preparing checks for signature: These two functions should be separated to prevent potential errors or fraud. Having the same employee responsible for both tasks increases the risk of unauthorized check preparation or manipulation of the general ledger.
2. Maintaining the accounts payable ledger and issuing credits on returns and allowances: These functions should be segregated to ensure proper recording and verification of credits. Combining them may result in the possibility of fraudulent credits being issued or errors in recording returns and allowances.
3. Maintaining the accounts receivable ledger and reconciling the bank account: Separating these functions is important to maintain accuracy and prevent misappropriation of funds. The person responsible for reconciling the bank account should not have access to the accounts receivable ledger to minimize the risk of manipulating records.
4. Maintaining the cash disbursements journal and handling and depositing cash receipts: These functions should be segregated to maintain control over cash transactions. Combining them increases the risk of mishandling cash or unauthorized diversion of funds.
To distribute the functions for maximum internal control, the following assignments can be made:
1. Employee 1: This employee should be assigned to maintain the general ledger. This function requires accuracy and attention to detail as it involves recording all financial transactions of the company.
2. Employee 2: This employee should maintain the accounts payable ledger, prepare checks for signature, and handle and deposit cash receipts. By combining these functions, the company ensures a clear separation of duties, with one person responsible for recording payables, another for preparing checks, and also handling cash receipts.
3. Employee 3: This employee should maintain the accounts receivable ledger, reconcile the bank account, and issue credits on returns and allowances. This assignment separates the responsibilities of recording receivables, reconciling bank statements, and managing returns and allowances to prevent potential errors or fraudulent activities.
By distributing the functions in this manner, the Gardner Company enhances internal control by ensuring segregation of duties, reducing the risk of errors, and providing checks and balances within the accounting system.
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Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara stops by her local coffee shop for tea and oatmeal to go. She pays cash and receives change. She then remembers that she needs to get gas. She fills up her car’s tank, and charges it to her credit card. When her shift is over, she goes to the ATM to deposit her paycheck in her savings account. She stops home to change clothes before she goes to the gym. Not wanting to take her purse to the gym, she folds up a $5 bill and puts it in her pocket with her driver’s license. When she pays for water and a banana at the gym, the clerk laughs at how old Cara’s $5 bill is. Cara replies that it’s good that all money looks the same over the past few years. List five ways this scenario references money????? can someone help me please please.
Answers
Answer:
Here are some possible answers:
She buys items with cash.
She gets change.
She uses a credit card.
She deposits a paycheck in the bank.
She folds up cash.
She hears that her cash looks old.
She says that it looks the same as newer bills.
Explanation:
PLATO
Answer:
She buys stuff with cash, she gets change, she uses a credit card, she deposits a paycheck in the bank, and she folds up cash
Explanation:
Hope this helps! <3
A monopolist maximizes profits by producing at a price and output where
P = MC.
P = AC.
MR = MC.
AC is at a minimum.
Answers
A monopolist maximizes profits by producing at a price and output where MR = MC. This means that the marginal revenue (MR) of selling one more unit of the product should be equal to the marginal cost (MC) of producing that unit. If MR is greater than MC, the monopolist can increase profits by producing and selling more units
If MR is less than MC, the monopolist can increase profits by producing and selling fewer units.
However, the monopolist should also consider the average cost (AC) of producing the product. The monopolist's goal is to maximize profits, which is achieved when the difference between revenue and cost is at its highest point. This occurs when MR = MC, and the price charged for the product is equal to the average cost of producing it. This is because if the price is higher than the average cost, the monopolist can earn more profit by producing more units. But if the price is lower than the average cost, the monopolist would lose money on each unit produced. Therefore, the monopolist should aim to produce at a price and output level where MR = MC and AC is at a minimum.
A monopolist maximizes profits by producing at a price and output where MR (marginal revenue) equals MC (marginal cost). This occurs because profit maximization requires that the additional revenue generated from selling one more unit (MR) is equal to the additional cost incurred by producing that extra unit (MC). When MR = MC, the monopolist has no incentive to produce more or less, as doing so would decrease their profits.
Pricing in a monopoly is determined by the monopolist's demand curve, which is typically downward sloping. At the profit-maximizing output level (where MR = MC), the monopolist can charge a price that corresponds to the highest willingness to pay for that specific quantity. This is not the same as setting the price where P = MC or P = AC (average cost), as monopolists can set prices above their marginal or average costs due to a lack of competition. Additionally, producing at the minimum of the average cost is not the focus for a monopolist, as their goal is to maximize profits, which depends on the relationship between marginal revenue and marginal cost.
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What is the primary purpose of a bank reconciliation?.
Answers
Bank reconciliations is important internal control tool for preventing and detecting fraud.
What is bank reconciliation?Bank reconciliation seems to be a process that explains why there are differences between a company's bank statement and its Cash Book. The process is used not only to identify differences, but also to make changes to relevant accounting records in order to keep the records up to date.The three methods of a bank reconciliation are as follows: Statement comparison. Balancing the books. The reconciliation is being recorded.Account Reconciliation Types Account reconciliations come in a variety of forms and can be used for either personal or professional purposes. Account reconciliation is classified into five types: bank reconciliation, vendor reconciliation, business-specific reconciliation, intercompany reconciliation, and customer reconciliation.To learn more about bank reconciliation refer to:
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What is less liquid, Cash or Stocks and why?
Answers
Explain the word taxation.
Answers
Helppppppppppppp
Why is engaging communication a two-way process?
Why are words alone not enough to communicate effectively?
Answers
Answer:
Explanation:
You need 2 people to have a conversation, not just words. You can’t just be in and empty room and just talk. You need someone else to talk to you.
3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *
Answers
Answer:
The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.
Explanation:
when many different jobs or products are worked on each period, the most likely costing system used is .
Answers
a job order Each time numerous separate tasks or goods are produced, the costing method most frequently employment is.
A relationship between two parties that governs the delivery of compensated labor services is called employment. In most cases, based on a contract, the employer, which might be a company, a non-profit, a cooperative, or any other entity, pays the employee in exchange for doing the job that has been allocated to them. Workers are compensated for their labor through wages, which may be paid on the basis of an hourly rate, piecework, or annual pay, depending on the sort of work performed, the industries conditions in effect, and the bargaining power of the parties. Some industries allow for the distribution of stock options, bonuses, and gratuities to employees. Employees may earn benefits in addition to compensation in various occupations.
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Alicia took out a loan through her bank to pay for her son's college. Which loan type does this describe?
Federal loan
Private loan
Subsidized loan
Answers
Alicia has taken a federal loan through her bank to pay for her son's college.
A federal loan is a loan that allows a student or a parent to borrow money directly from the government for college purposes. Thus, here, Alicia, as the parent, took a loan to pay for her child's college. Hence it is a federal loan.
Subsidized loans are given by the U.S Department of Education for undergraduate students who are in financial need and need to pay for the tuition fees of their school or college. In the given question, we do not know if Alicia's son is an undergraduate student or not. Thus we cannot be sure about a subsidized loan.
Private loans are loans taken by people to invest in their businesses or factory. Thus, it will not be the answer.
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Answer:
a) Federal loan
Explanation:
Alicia took out a federal loan through her bank to pay for her son's college. These loans are funded by the federal government. Hence, option (a) is the correct answer.
when benefit is constant, how to manipulate the cost to have
positive NPV (Net present value).
"
Answers
These are the following three measures to get a positive Net present value given below.
The concept of net present value (NPV) is employed to examine the feasibility of long-term investments or projects. NPV is defined as the difference between the present value of cash inflows and the present value of cash outflows. The NPV of a project is negative if the cost of the project exceeds the current value of its cash inflows.
For a project to have a positive NPV, its current value of cash inflows must be greater than the cost of the project. To achieve positive NPV when the benefit is constant, the cost must be lowered.
In order to get a positive NPV, a company must take the following measures:
Reduce the upfront cost: Decrease the initial cost of the project in order to increase the NPV. This may be achieved by lowering material or labor costs or finding a cheaper alternative.Reduce the long-term expenses: By minimizing operating and upkeep costs, you may maximize your NPV. Using less energy, for example, lowers energy bills and increases cash inflows. Similarly, utilizing eco-friendly equipment or reducing labor costs via automation may help minimize long-term expenses.Reduce the discount rate: The present value of future cash inflows is influenced by the discount rate. The present value of future cash flows will increase if the discount rate is decreased. By decreasing the discount rate, a company can boost NPV.Learn more about Net present value from the given link.
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Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
Answers
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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How does the circular flow model represent the interactions between households and firms?
Answers
The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.
The approach demonstrates how businesses and households can benefit from each other.
What three categories of economic decisions are there?Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.
Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.
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Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answers
Answer:
B to determine whether a price increase
Explanation:
cuz I said
what is scarcity? responses when people do not want the products that are available when people do not want the products that are available , the study of how people decide what they want the study of how people decide what they want , the study of the types of products available in an economy the study of the types of products available in an economy , when people want more of something than is available
Answers
Scarcity refers to a condition where there is a limited supply of resources or goods relative to the demand for them. It is characterized by a situation in which people want more of something than is available. Scarcity can manifest in various ways:
1. When people do not want the products that are available: This situation does not necessarily indicate scarcity. Instead, it may suggest a lack of demand or preference for the existing products, which can lead to surplus or excess supply.
2. The study of how people decide what they want: This statement describes the field of study known as consumer behavior or consumer choice theory. It focuses on understanding how individuals make decisions about what goods or services to consume based on their preferences, needs, and available resources.
3. The study of the types of products available in an economy: This statement relates to the field of economics, particularly the subfield of industrial organization . It examines the range of products or services offered in an economy, market structures, and factors influencing the variety and availability of goods.
In summary, scarcity refers to a condition where there is an insufficient supply of resources or goods relative to the demand for them. It is not directly related to people's preferences for existing products or the study of consumer behavior, but it can influence both of these aspects.
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What kind of promotional activity is a gala dinner in support of cancer patients? A. advertising B. group sales C. personal selling D. public relations E. sales promotion
Answers
The kind of promotional activity used when a gala dinner is used to support the cancer patients is known as public relations. The Option D is correct.
What is public relations as promotional activity?Basically, a promotional activities refers to those techniques that marketing teams use to increase an awareness of their brand, products and services. This helps company to attract new customers, retain current customers and increase their company's revenue.
A public relations, as part of these activities include dialog as we must listen to the others, to see things through their perspective. This is made with the purpose to be useful for every organization, not for the sensational promotion of its achievements, but to become more critical towards its work.
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a forward market already existed, so why was it necessary to establish currency futures and currency options contracts?
Answers
While a forward market did exist for currencies, currency futures and options contracts provided additional benefits and features that were not available through traditional forwards.
Firstly, currency futures and options contracts offer standardized contracts that are traded on regulated exchanges.
This brings transparency and liquidity to the market, making it easier for investors to buy and sell currencies at fair prices.
The contracts also have set expiration dates, allowing investors to plan their trades and hedge against potential currency fluctuations.
Additionally, currency options contracts provide investors with the ability to limit their risk exposure while still allowing for potential profit.
This is achieved through the use of strike prices and premium payments, which allow investors to purchase the option to buy or sell a currency at a certain price.
This means that even if the market moves against them, they are only risking the premium they paid for the option, rather than the full value of the currency.
Finally, currency futures and options contracts allow for more flexibility and customization than traditional forwards.
Investors can choose the size of their contract, the expiration date, and the underlying currency pair, providing them with more control over their trades.
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Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?
A. $5,000
B. $33,000
C. $0
D. $38,000
Answers
b is right answer I think
$5,000 is the amount she will pay out of pocket on her annual medical bills.
Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.
Information given
Deductible = $5,000
Total claim = $49,000
Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.