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tia_tia [17]
4 years ago
14

What is the tax court method of allocating rental property expenses?

Business
1 answer:
Schach [20]4 years ago
5 0
<span>allocation is based on total days owned in the year,
The advantage of the tax court is that it would allow more deduction for maintenance that keep the value of your property.
The irs method on the other hand, would give more benefit because it give you more profit in the perspective of business operation.</span>
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Nimbus Inc. is a hybrid organization. The organizational structure of the company has been developed to combine geographic suppo
kolbaska11 [484]

Answer:

<em> B) that Nimbus has a matrix structure</em>

Explanation:

Yes absolutely the above information is true, and from the following statement that can be fittingly inferred is given in OPTION(B).

<em>Because matrix structure is something in that organizational structure of the company has a single record that is given to multiple administrator.</em>

So, therefore as we can see in the scenario that Nimbus Inc. is also has a matrix structure.

7 0
3 years ago
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf

Answer:

The earnings per share figure is $1.89

Explanation:

Sales of $602,000

Costs of $256,000

Depreciation expense of $62,500

Interest expense of $29,500

Tax rate of 40 percent.

-> Profit Before Tax  = Sales - Cost - Depreciation Expense - Interest expense

= $602,000 - $256,000 - $62,500 - $29,500

= $254,000

Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400

Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000

= $1.89

7 0
4 years ago
An economist has conducted extensive research and has found that jones cola is a substitute for tucker cola. ceteris paribus, th
madam [21]

Answer: Increase in demand

Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.

8 0
4 years ago
Electrical engineers install electrical wiring. True or False?
boyakko [2]

Answer:

TRUE

Explanation:

Electricians install electrical systems and the wiring that connects them to a power source. While they ensure the electrical systems they install work properly they do not create those electrical systems; that's what electrical engineers do.

4 0
3 years ago
Prior to being banned in 2002 by the mccain-feingold act, unlimited monetary contributions that were earmarked for party-buildin
Kitty [74]
The correct answer is soft money.
Soft money is the unregulated money given to the political party and not to a candidate meant for party building. The money can originate from an individual, corporations or political action committee. Hard money on the other hand is regulated money (political donations) by law through the federal election commission. McCain-Feingold act was an act that amended the federal government election campaign act in 1974, which regulates the funding and financing of political parties.
8 0
4 years ago
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