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Natalija [7]
4 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]4 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.

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Forty-three percent of Americans use social media and other websites to voice their opinions about
rjkz [21]

Answer:

(a) 0.2896 (b) 0.5029 (c)0.5758 (d)In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

Explanation:

Solution

(a)In a survey of 1,364 people, 395 were females who used social media and 232 did not. of males 232 use social media and 355 did not

To make or develop a probability table, take each group and divide their number by their total for example female that use social media is 395 of a total of 1364

395/1364 =0.2896

The probability that a woman uses social media in the survey is 0.2896

so,

                                  A              B              T

Female                  0.2896       0.2133      0.5029

Male                      0.2368       0.2603     0.4971

Total                      0.5264      0.4736       1.00

(b) To find the probability  of a surveyed person being a female, we divivde the total number of females by the whole number, shown below

686/1364 = 0.5029

(c)Conditional probability is defined using the formula which is shown below:

P(A/B) = P(A∩B)/P(B)-------(1)

Where P(A∩B) is the probability of females that use social media 0.2896 and P(B) is the total female probability which is 0.5029

Now we substitute the values in the equation 1 and calculate the probability as shown below:

P(A/B) = 0.2896/0.5029 =0.5758

the conditional probability that are surveyed person is female and uses social media is 0.5758

(d) In this case they are dependent  because the gender is segregated as social media user or not as asocial media worker. the probability and variable is tied to it

3 0
3 years ago
Egypt, whose economy has been struggling since 2011, recently received a $12 billion loan from what 189-member global organizati
Strike441 [17]
It is the IMF or <span>The </span>International Monetary Fund<span> approved a $12 billion loan for </span>Egypt<span> on Friday, in a move intended to stave off economic collapse in the Arab world’s most populous nation as it grapples with a plunging currency, soaring inflation and shortages of staple foods</span>
6 0
3 years ago
According to the law of demand, as prices decrease, demand decreases. increases. stays the same. disappears.
MAXImum [283]

I believe the answer is the demand would increase.

It is i just took the test and made a 100

7 0
3 years ago
Read 2 more answers
While designing a management support system, it's important to remember that executives' main concern is _____.
enyata [817]

The main concern of executives when designing a management support system (MSS) is <em>b. getting the information they need in the simplest way.</em>

A management support system provides managerial information resources to enable management <em>to plan, make decisions, and manage the organizational activities to achieve goals.</em>

Executives' main concern with the design of a management support system <u>is not</u> to:

  • Identify unquantifiable benefits
  • Get support from all employees
  • Get technically-advanced information.

Thus, the concern of executives during the design of a management support system is to get needed information <em>most simply.</em>

Learn more: brainly.com/question/20297199

3 0
3 years ago
Coca-Cola has expected EPS of $2.1. Its competitors have the following P/E ratios: Dr Pepper Nestle Pepsico P/E ratio 22.07 23.4
nikdorinn [45]

Answer:

The Intrinsic value is calculated by multiplying the Earnings per share by the P/E ratio.

1. The lowest P/E ratio is 21.37 so the intrinsic value is;

Intrinsic value  = 2.1 * 21.37

= $44.88

2. Highest P/E ratio is 23.49

Intrinsic value = 2.1 * 23.49

= $49.33

3. The average P/E ratio is;

= (22.07 + 23.49 + 21.37)/3

= 22.31

Intrinsic value  = 2.1 * 22.31

= $46.85

8 0
4 years ago
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