It is saying that it was $9 and it was then marked down on sale for 7:00. The tag is also telling you the size.
There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00
The answer is true.
hope this helped :)
Answer:
Deductible depreciation = $2,660
Explanation:
Given:
Amount of car = $14,000
Personal use = 30%
Business use = 70%
Total depreciation = $3,800
Deductible depreciation = ?
Computation of Deductible depreciation:
Deductible depreciation = Total depreciation × Business use percentage
Deductible depreciation = $3,800 × 70%
Deductible depreciation = $2,660