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
Brilliant_brown [7]
4 years ago
13

Which of the following is not deductible in 2018? a.Expenses incurred associated with investments in stocks and bonds. b.Allowab

le hobby expenses in excess of hobby income. c.Moving expenses in excess of reimbursement. d.Tax return preparation fees of an individual. e.All of these choices are correct.
Business
1 answer:
Masja [62]4 years ago
3 0

Answer:

b. Allowable hobby expenses in excess of hobby income.

Explanation:

Allowable hobby expenses in excess of hobby income is not deductible in 2018.

You might be interested in
Suppose that TapDance, Inc.’s, capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of de
Rzqust [24]

Answer:

11.07%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

= (0.25 × 8%) × ( 1 - 34%) +  (0.75 × 13%)

= 1.32% + 9.75%

= 11.07%

We simply multiply the weighatge with its capital structure so that the correct weightage cost of capital can come.

5 0
3 years ago
Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key
Alenkasestr [34]

Attracting and retaining employees with the skills, abilities, and experience  is a key component of a<u> human resource</u> management system.

<h3>What is human resource management system?</h3>

Human resource management system  has to do with carrying out specific function such as effectively managing everything that has to do with human resource.

Human resource management system is important for companies as it enables them to choose employees  that has the best skills and experience to move the company forward so as to enable the company  achieve their goals.

Therefore attracting and retaining employees  is a key component of a<u> human resource</u> management system.

Learn more about Human resource management system here:brainly.com/question/21976973

6 0
2 years ago
Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr
Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

3 0
3 years ago
Fred Hash worked for Van Stavern Construction Co. as a field supervisor in charge of constructing a new plant facility. Hash ent
Eduardwww [97]

Answer:

<em>Ratification by Principal One of the criteria for enactment is that all material truths involved in the transaction must be known to the Principal. Van Stavern was not aware of Hash's behaviour. </em>

He did not realize that somehow the steel is being shipped under his name, and that the shipments were being billed him directly. Unlike liability through obvious authority, approval by the principal is a positive act by which he or she acknowledges the agent's illegal actions.

Just a principal would ratify; thus, Van Stavern was not directly imputed to information by the invoices and checks signed by Van Stavern's workers.

The court stated that the use of corporate checks was further proof that Van Stavern regarded the expenditures as business, not private. So Van Stavern could not be held personally liable.

Remember that on Sutton Steel that's not excessively harsh. Sutton understood it was working with a building company and did not seek to get the personal approval of the contract from Van Stavern.

<em>Lawfully, Sutton's agreement in this case is called an unaccepted offer which can be withdrawn at any time.</em>

<em></em>

6 0
3 years ago
Kraven Corp. borrows $100,000 by signing on a 1-year, 8% promissory note from General Finance Company and assigns $120,000 of it
Aleks [24]

Answer and Explanation:

The journal entry is shown below:

Cash Dr $98,800

Finance charge Dr ($120,000 × 1%) $1,200

       To Liability - Financing Arrangement $100,000

(being receipts of cash is recorded)

Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance

6 0
3 years ago
Other questions:
  • Parker Lane Cafe currently has $160,000 in cash, $380,000 in inventory, and $40,000 in accounts receivable. The company also has
    15·1 answer
  • A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and co
    6·1 answer
  • The accounts receivable turnover measures a.the number of days of accounts receivable outstanding b.the fair market value of acc
    15·1 answer
  • Cash dividends reduce the stockholders' equity in the corporation. <br> a. True<br> b. False
    12·1 answer
  • Kodak's film business didn't lose out to direct competitor Fujifilm; it lost out to Sony, Canon, and other digital camera makers
    15·1 answer
  • Lila Battle has determined that the annual demand for number 6 screws is 100,000 screws. Lila, who works in her brother’s hardwa
    9·1 answer
  • Sophamia Company sells five products, as follows. Product A: Price per unit, $100 -- Variable cost per unit, $40 -- 3 machine ho
    5·1 answer
  • the mass of an element is 27 and it's atomic number is 13. what is the composition of the nucleus of it's atom?​
    5·1 answer
  • Interdepartmental politics is a major problem with __________________ communication.
    14·1 answer
  • Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248. 00 monthly prem
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!