1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmainna [20.7K]
3 years ago
12

Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sight

seeing, she paid $1,000 for transportation, $800 for lodging, and $450 for meals during this part of her trip, which she considers personal in nature. what amount of the travel costs can melissa deduct as business expenses?
Business
1 answer:
Virty [35]3 years ago
8 0
Most of the times when a personnel is sent for an official business trip, transportation and lodging, and sometimes even meals are shouldered by the company. 

In the statement given above, it is noted that the meals that Melissa took are considered personal in nature. Hence, she can deduct this from the business expenses. 
You might be interested in
Cash equivalents would not include?:
Sladkaya [172]

Answer:

Investments in liquid securities, such as stocks, bonds, and derivatives, are not included in cash and equivalents.

Explanation:

Even though such things may be easily turned into cash typically with a three day settlement period, they are still excluded. The assets are listed as investments on the balance sheet.

4 0
2 years ago
The Tangier Company is considering eliminating the following product line: Product AXP Sales $ 49,000 Less variable costs: Raw m
sveticcg [70]

Answer:

$38,100

Explanation:

For avoidable cost, they are example of relevant cost. When a decision is taken , some costs are incurred in connection with such decision, they are known as avoidable cost.

The direct costs associated with a decision to produce are avoidable costs, which entails that such costs will not be incurred should Tangier company decides not to produce.

Therefore, the avoidable cost of Tangier is

= Raw materials cost + Direct labor cost

= $29,500 + $8,600

= $38,100

4 0
3 years ago
The relationship between employer and employee can be thought of in terms of a(n) ____, a description of what an employee expect
nydimaria [60]

Answer:

The answer is: psychological contract

Explanation:

Psychological contracts are the expectations or promises exchanged between the parties; employer, employee, or even fellow employees, in an employment relationship. They are not written contracts, but they often implicit or understood between the parties. For example, an employee expects that if he or she works really hard, eventually he or she will receive a promotion or a salary raise.

8 0
3 years ago
Which of the following are criteria for determining whether to record an asset as a fixed asset?
DochEvi [55]

Answer:must be long lived and used by the company in its normal operations.

Explanation:

6 0
3 years ago
Scott states that 80% of people are unhappy with their careers, while 20% are happy. Why do you think people work in jobs they a
Karolina [17]

Answer: There are many reasons why some people may work in a job they aren’t happy with but a big time one is for the money. Some people need the jobs with higher pay or salary. That is just how life works u have to pay the bills somehow so they live with a unhappy job for the pay. I hope that this helps you!

Explanation:

3 0
3 years ago
Other questions:
  • Kendrik is in charge of his company’s subsidiary in Beijing. He recently received a large bonus check because the subsidiary had
    8·1 answer
  • Kerry, the new sales director, just completed her first staff meeting to set annual goals. She managed to get the team's consens
    15·1 answer
  • In reviewing research on power, you discover that there are three other common sources of power in organizations. Which of the f
    13·1 answer
  • Which of the following systems would work best for a very standardized product that has a fairly high and predictable demand? a.
    13·1 answer
  • Please help me please
    13·1 answer
  • Ann is a teacher who became interested in helping adults in some of the poorer neighborhoods learn how to read. She plans to sta
    11·1 answer
  • Masterson Company's budgeted production calls for 68,000 units in April and 64,000 units in May of a key raw material that costs
    5·1 answer
  • The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts th
    7·1 answer
  • If you were to make an advertisement using the three word technique what three words would you use
    13·1 answer
  • Who are the persons that might help you to establish your business?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!