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
Salsk061 [2.6K]
4 years ago
5

Lesa drives her car approximately 18,000 miles per year. During the most recent year, she drove 7,000 miles commuting to and fro

m work, 4,500 miles for business-related conferences and client visits, and 6,500 miles for personal trips. How many miles are considered business miles and can be used to determine the tax deduction for transportation expenses?
Business
1 answer:
White raven [17]4 years ago
3 0

Answer:

The answer is: 4,500 miles

Explanation:

Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.

The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.

You might be interested in
Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe
umka2103 [35]

Answer:

Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm

Explanation:

The answer is already stated within the question, but I'll provide  the explanation.

In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.

On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:

$200 < X < $400.

Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.

6 0
3 years ago
Read 2 more answers
The failure rate for restaurants is higher than for other types of small businesses. a. True O b. False​
e-lub [12.9K]

Answer:

true

Explanation:

5 0
4 years ago
Any Burger King restaurant is an example of a _____________.
ICE Princess25 [194]

Answer:

Explanation:

D a franchise

8 0
3 years ago
Read 2 more answers
Studdard Controls recently declared a quarterly dividend of $1.25 payable on Thursday, April 25, to holder of record of Friday,
elena-14-01-66 [18.8K]

Answer:

April 11th

Explanation:

the dividends will be paid to the owner of the share one day before the record.  This is defined asthe Ex-date ofthe dividends.

DISCLAMER

Assuming it refers to 2019 Apil 12th

the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays

for the year 2019 April 12th is a friday so it is okay to define it as April 11th

7 0
3 years ago
Typically, the _____ marketing plan covers marketing activities over a period of two to five years in the future. The _____ mark
MArishka [77]

The long-range marketing plan enfolds marketing activities over a period of two to five years in the future.

<h3>Long-range marketing plan</h3>

The annual marketing plan, which is positively structured and precise, is usually created by a product manager and begins with marketing research, and completes after 48 weeks with the approval of the general manager.

The long-term marketing strategy should enclose the "big picture" that you are trying to accomplish with your marketing efforts. Your long-term marketing plan will generally be in place for six month to a year or more.

The purpose of the long-range plan is to bypass random, non-specific growth and focus the organization's skills on those areas where it excels, such as creating high-quality consumer goods.

To learn more about long-range marketing plan visit the link

brainly.com/question/15215890

#SPJ4

7 0
2 years ago
Other questions:
  • Why might you complete a 1040 instead of a 1040EZ
    14·2 answers
  • Refer to the financial statements of Burnaby Mountain Trading Company. The firm's asset turnover ratio for 2017 is _________. (P
    14·1 answer
  • Classify the following as fixed or variable costs:
    9·1 answer
  • The Carlton Corporation has $5 million in earnings after taxes and 2 million shares outstanding. The stock trades at a P/E of 10
    11·1 answer
  • Disruptive innovation is a process by which a product or service takes root initially in simple applications at the bottom of a
    13·1 answer
  • The new union president has proposed a couple of ideas that are very unusual: 1. "We should make an effort to help solve problem
    14·1 answer
  • Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash rec
    13·1 answer
  • Flint Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts
    11·1 answer
  • Jose Garcia agrees to contribute land with a fair market value of $10,000 in exchange for 200 shares of Damian Inc.'s common sto
    13·1 answer
  • Management is permitted to voice objections to the formation of a union under the.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!