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
Natalija [7]
3 years ago
6

During the current year, Harry, a self-employed accountant, travels from Kansas City to Miami for a seven-day business trip. Whi

le in Miami, Harry decides to stay for an additional 5 days of vacation. Harry pays $600 for airfare, $200 for meals, and $500 for lodging while on business. The cost of meals and lodging while on vacation was $300 and $500, respectively. How much may Harry deduct as travel expenses for the trip?
Business
1 answer:
irakobra [83]3 years ago
4 0

Answer:

$1,200

Explanation:

during 2019, Harry can deduct:

  • 50% of the costs of meals while on he is on business trips
  • 100% of airfare and other travelling costs
  • 100% of lodging costs while doing business

Harry's deductions = (50% x $200) + (100% x $600) + (100% x $500) = $100 + $600 + $500 = $1,200

Any expenses incurred during vacation are not deductible.

You might be interested in
According to liquidity preference theory, a decrease in the price level causes the interest rate to:a. increase, which increases
mojhsa [17]

Answer:

The correct answer is (B)

Explanation:

Liquidity preference theory emphasised on the interest which investors should demand on long-term investments due to the risk they carry. According to liquidity preference theory, a decrease in the price level shifts the money demand curve leftward. A leftward movement of the money demand curve increases the overall quantity demanded. In that regard, a decrease in interest rate increases the demand for goods and services demanded.

4 0
3 years ago
What are the intermediaries of netflix​
Tanya [424]
The intermediaries of Netflix are Akami (AKAM).
4 0
3 years ago
When Sony launched its new PS4 gaming system, the product was sold as a package that included the game console, game controllers
spin [16.1K]

Answer:

Bundling

Explanation:

Bundling a strategy in which two or more products are packaged together and sold as a single combined unit, often for a lower price than they would charge customers to buy each item separately.

This strategy has a distinct feature which entails that The products and services are usually related, but they can also consist of dissimilar items which appeal to one group of customers.

In the bundling marketing strategy, the strategy of companies offering discounts can stimulate demand, lifting revenues often at the expense of profit margins.

It enables companies roll out different productsat the same time and selling at a discounted price while still making huge profit.

5 0
3 years ago
Read 2 more answers
What do organisations need to consider when implementing best practice performance management systems?
kolbaska11 [484]

Answer:

Remember that performance review is NOT performance management. ...

Identify the purpose of managing performance. ...

Clarify the work to be done. ...

Set goals and establish a performance plan. ...

Conduct regular and frequent coaching. ...

Conduct a formal review of performance.

Explanation:

YOU COULD'VE JUST LOOKED IT UPPPPP AHAHAHHABHADGHVDBGVFHJF

7 0
3 years ago
The majority of sports income is generated by ticket sales to games.
BaLLatris [955]

Answer:

False it is made off of vender purchases

3 0
1 year ago
Other questions:
  • Lionel joined the International Council on Hotel, Restaurant and Institutional Education for career guidance. Which profession i
    5·1 answer
  • If during the current year, liabilities of hayden travel decreased by $50,000 and owners' equity increased by $75,000, then:
    11·1 answer
  • How does proper inventory control help a company manage its marketing efforts
    15·1 answer
  • Assume that on 1/1/xx, a parent company acquired 90% interest in a subsidiary. The total fair value of the controlling and nonco
    5·1 answer
  • Assume $1,000 is deposited in a checkable account by Mr. Y in Bank A. Assume further that the reserve requirement is 0.10. The i
    9·1 answer
  • If Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of
    9·1 answer
  • Which of the following is true with regard to a market segment? A market segment consists of consumers who respond in a similar
    8·1 answer
  • The accounts receivable turnover is computed as __________ divided by __________.sales; accounts receivablesales; average accoun
    14·1 answer
  • Company Z is just starting to make a brand new product it has never made before. It has completed two units so far. The first un
    15·1 answer
  • Nadine Chelesvig has patented her invention. She is offering a patent manufacturer two contracts for the exclusive right to manu
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!