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vova2212 [387]
3 years ago
5

In 2013, Emma purchased an automobile, which she uses for both business and personal purposes. Although Emma does not keep recor

ds as to operating expenses (e.g. gas, oil and repairs), she can prove the percentage of business use and the miles driven each year. In march 2015, Emma seeks your advice as to what income tax benefit, if any, she can derive from the use of her automobile. What would you suggest?
Business
1 answer:
yuradex [85]3 years ago
5 0

Answer:

Emma can't utilise the genuine cost technique for derivation as the records are absent.   Everything she can do is that she can guarantee finding based on miles driven per year.So she can utilise the automatic mileage technique for deduction.

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Brie signs an instrument in which she promises to pay Carmen a certain price for her Dodge Dart. The instrument will be negotiab
kakasveta [241]

Answer:

B) ​money.

Explanation:

Characteristics of a negotiable instrument

  1. Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
  2. Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
  3. Rights: the transferee can take legal action to claim the honoring of the instrument.
  4. Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
  5. Monetary value: instruments carry a specific monetary value and must be paid in money.

8 0
3 years ago
At $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price? in 2-3 sentences, explai
Nataly [62]
Its above the equilibrium price. Excess supply means they produced more than what people are demanding. So the bushel might be expensive for them and less people are buying it.
5 0
3 years ago
Read 2 more answers
Which of the following statements are inconsistent with the efficient market hypothesis?a. The average annual return on stocks i
koban [17]

Answer:

b. Stocks that outperform the index in March always underperform it in April.

d. Stocks that outperform the index in March always outperform it in April.

Explanation:

The Efficient market hypothesis states that in an efficient market, all the available information in the market are reflected in the prices of the stocks being traded. As such, all stock are fairly priced.

Stocks that perform in a certain way in March and then in another way in April are violations of the hypothesis. This is because if indeed the market was efficient, the prices would adjust to reflect the different performances by month such that there would be no more fluctuations.

6 0
3 years ago
Aaron questions whether there is consideration for his contract with Banquet Hall to exchange his musical performance of country
jolli1 [7]

Answer:

Legally sufficient.

Explanation:

The answer is that to constitute consideration, the value of whatever being exchanged must be legally sufficient because this means that consideration must be enough in the terms of the law like comitting to do something that you are otherwise not obligated to do.

6 0
4 years ago
Why is participation in local organizations twice as high in the united states as it is in europe?
VARVARA [1.3K]

There is participation in local organizations twice as high in the united states as it is in Europe because there is more local control over policy in the United States than in Europe.

<h3>What is local control in the United States government?</h3>

Local control is used to make its own rules and regulations to maintain the legal powers of local governments from the state government.

  • State and local governments enact laws and regulations that define how economic activity takes place in the United States.
  • The United States decision about infrastructure, education, and many other areas are made by the state and local governments which makes the entire economy build the capacity to run longer.
  • Decisions made by the Policymakers about how to allocate resources to various sectors like education, transportation, or other public goods are crucial to the United States economy.

To learn more about Local Government of United States, refer to:

brainly.com/question/24250104

#SPJ4

4 0
2 years ago
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