Answer:
The correct answer is $20,000.
Explanation:
According to the scenario, the given data are as follows:
Gross income = $180,000
Business expense = $160,000
Mortgage interest and property taxes expense = $14,000
Other home office expense = $9,000
So, we can calculate the total allowable home office deduction by using following method:
As we know, first we have to deduct the business expense from the gross income and than if there any net income left than other expense can be deducted.
Hence,
= Gross income - Business expense
= $180,000 - $160,000
= $20,000
Answer: Define metrics to assess project progress and identify project-related risks
Explanation:
If Zona Pharmaceuticals decide to implement an enterprise resource planning management system in order to support product innovation and also to reduce the time to market a set of new products, the best way to avoid a failed enterprise system implementation is to define metrics in order to assess project progress and also identify project-related risks.
By defining metrics, this will show the progress of the project as the firm can see if the project is going according to plan and hasn't deviated from the goal. It is also vital to check any project related risks.
Answer:
Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.
Explanation:
The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.
<span>The right answer is C. marginal revenue equals marginal cost; is upward-sloping. Marginal revenue is the amount that revenue increases if someone sells one more unit of their product. When there's competition, every unit has the same price, but when there's a monopoly, you have to make cheaper every other unit to sell one more</span>
