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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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Help needed ASAP! Will give brainliest;) Try to help on my other questions:)
stepladder [879]
The answer to your question Is b.
8 0
2 years ago
Research the Minnesota Importance Questionnaire (MIQ) and write one paragraph explaining the purpose and benefits of taking this
koban [17]

Answer:

The Minnesota Importance Questionnaire, or MIQ, is a questionnaire that students can take in high school or college. This is a value inventory that asks questions about your personal work values so you can see what career might be best for you. After you take the test, it matches you with a selection from 185 different occupations, which represent major careers in the world. The results of the assessment, when matched with a career or different careers, are supposed to help you find out which kind of career might be best for you.

Explanation:

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4 0
3 years ago
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What is variable cost per unit<br><br><br>​
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Variable costs are the costs that change in total each time an additional unit is produced or sold. With a variable cost, the per unit cost stays the same, but the more units produced or sold, the higher the total cost. ... Although total fixed costs are constant, the fixed cost per unit changes with the number of units.
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2 years ago
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Flo is working on a construction site when she is injured on the job in the collapse of a girder company-made beam. at the time,
Bumek [7]
Injuries during working hours at a construction site leads to several legal consequences. If a person gets injured at working site, he/she can file civil law suit for negligence or product liability.
In the above situation, Flo was not wearing any safety wear while working on the construction site of a Grider company. She can file a product liability suit against the Girder company.
The company can most successfully raise the defense of "negligence". Since Flo was not wearing any safety wear during her working hours, the company can raise the defense of negligence because she knew that working on construction site without wearing safety gears may cause harm to her.
4 0
2 years ago
Question 4
SashulF [63]

1. The calculated capital budgeting techniques yielded the following results:

A. Accounting Rate of Return (AROR) is <u>28%</u>.

B. Payback Period Technique (PBP) is <u>5 years</u>.

C. Net Present Value Technique (NPV) is <u>RM33,588</u>.

D. Profitability Index (PI) is <u>1.056</u>.

2. The project should be accepted based on the positive results above.

3. The importance of capital budgeting techniques lies in the fact that they aid capital decision-making by measuring their probable outcomes.

<h3>What are capital budgeting techniques?</h3>

Capital budgeting techniques are capital investment evaluation tools.

Some of the capital budget tools include the Payback Period, Discounted Payment Period, Net Present Value, Profitability Index, Internal Rate of Return, and Modified Internal Rate of Return.

These capital budgeting techniques help management to evaluate capital projects and to choose investment strategies.

<h3>Data and Calculations:</h3>

Investment cost = RM600,000

Cost of capital = 12%

            Net Cash Flows      PV Factor     Present Value

Year 0     RM600,000               1              (RM600,000)

Year 1       RM100,000           0.893                  89,300

Year 2            110,000            0.797                  87,670

Year 3            121,000            0.712                   86,152

Year 4            133,100            0.636                 84,652

Year 5            146,410            0.567                  83,014

Year 6    RM400,000            0.507              202,800

Present value of cash flows =                 RM633,588

Net Present Value                                      RM33,588

Total Net Cash Flows = RM1,010,510

Average Net Cash flows = RM168,418 (RM1,010,510/6)

Accounting Rate of Return = Average Income/Initial Cost

= 28% (RM168,418/RM600,000 x 100)

Payback period = 5 years

NPV = Initial Investment - PV of net cash flows

= RM33,588

Profitability Index = Present value of cash flows/Initial Cost

= 1.056 (RM633,588/RM600,000)

Learn more about capital budgeting techniques at brainly.com/question/17159659

#SPJ1

8 0
1 year ago
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