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dlinn [17]
4 years ago
12

Peter operates a dental office in his home. The office occupies 250 square feet of his residence, which is a total of 1,500 squa

re feet. During 2018, Peter pays rent for his home of $12,000, utilities of $4,800, and maintenance expenses of $1,200. What amount of the total expenses should be allocated to the home office?
Business
1 answer:
Alex777 [14]4 years ago
7 0

Answer:

$3,000

Explanation:

Per IRS form 8829, allocation of total expense to home office can be arrived by dividing the total usable area of home by the work area to get the percentage of expenses allocable to home office.

So, 250 square feet / 1500 square feet = 16.6666666%

Total expenses incurred;

Rent $12,000

Utilities 4,800

Maintenance 1,200

—————

Total $18,000x16.6666666%=$3,000

or simply, $18,000 x 250/1500 = $3,000 (to be exact in decimal points)

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Lysol sanitizing wipes entered the market at a low sales price and was supported by heavy couponing. As the initial trial period
sergij07 [2.7K]

Answer:

True

Explanation:

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At times penetration pricing is not only used to acquaint consumers to a product, it is also used to thin out a competitor's customer base. Specifically, low prices and as stated in the question heavy couponing are strategies that are used to attract a wide number and range of customers to a product.

Lysol  therefore, used penetration pricing  based on low sales price and heavy couponing to attract consumers to its sanitizing wipes and when a satisfactory result had been achieved, the pricing rose and the couponing reduced. However, the consumer base is already established.

3 0
3 years ago
Read 2 more answers
OK Dry-Cleaning advertises so effectively that the regular customers of its competitor, Purity Cleaners, patronize OK instead of
stepan [7]

Answer:

a. a lawful action that is not a tort.

Explanation:

A tort refers to some wrongful act or some infringement of any right which is other than under any  contract which leads to a legal liability. It is based on a civil law. People are liable for their actions taken against another both accidentally or intentionally.

In the context, the customers who is regular to Purity Cleaners tries to patronize or condescend OK Dry Cleaners instead of Purity Cleaners. This is lawful action, however not a tort.

8 0
3 years ago
Does this record contain a certificate, or is the certificate included in a separate record. does the certificate fit into a sin
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6 0
4 years ago
Lee is considering buying one of two newly-issued bonds. Bond A is a twenty-year, 7.5% coupon bond that is non-callable. Bond B
vova2212 [387]

Answer:

Multiple choices below are missing:

A) purchase Bond A

B) purchase Bond B

C) purchase neither A nor B at this time

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By purchasing Bond A,Lee is assured interest payment of 7.5% for a period of twenty years,hence the issuer cannot call the bond if interest rate drops by 2% in order to issue a lower interest-bearing bond which would be cheaper cost-wise.

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6 0
3 years ago
Which form of business ownership is the most complex and difficult to form, and why?
Finger [1]
Honestly I would say being an entrepreneur is the most complex and difficult to form, especially if you're trying to build from the ground up it can take a matter of 4-5 maybe more years, this isn't a "answer" ore of an "opinion." 

Hope this helped though! 
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