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
Paladinen [302]
3 years ago
12

Which one of the following expenses would be denied as entertainment and would not be deductible?

Business
2 answers:
Yuliya22 [10]3 years ago
8 0
The answer is letter C
Aloiza [94]3 years ago
7 0
Answer is C other options are deductibles
You might be interested in
Builder and Owner agree that Builder will erect a fence for Owner for $1,500. Builder claims that the fence is taking longer tha
artcher [175]

Answer:

Owner owes Builder : B. $2,000.

Explanation:

A Liability is the present obligation of the entity, that arises as a result of past events, the settlement of which is expected to result in a cash outflow from the entity.

Initially, the Owners owes the Builder $,1500

For the fence to be completed on time, an addition of $500 was owed, upon the owner accepting this arrangement.

Thus, the total obligation owing to the Builder is $2,000.

3 0
2 years ago
Effective reading involves what four steps? Select one: a. Preparing, reading, capturing key ideas, and reviewing. b. Preparing,
lidiya [134]

Answer:

Preparing, reading, capturing key ideas, and reviewing.

Explanation:

8 0
3 years ago
To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is
erma4kov [3.2K]

Answer: C) eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash

Explanation:

The income statement comprises of entries that are not cash based in nature but help in the computation of taxes amongst other things such as depreciation and amortization.

When calculating net cash provided from operating activities therefore the income calculated should be adjusted for any expenses or revenue that are not cash based in nature and so will not result in a corresponding increase or decrease in cash.

For instance, adding back depreciation and amortization to the net cash balance as both do not actually reduce the cash balance of the company.

5 0
2 years ago
Suppose the incomes of buyers in a market for a particular inferior good decrease and there is also a reduction in input prices.
Natasha_Volkova [10]

Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.

With a decrease in input prices, the producers will be willing to produce more items, but we are unsure if consumers will be able to buy more because they drop in income; therefore, we don't know what the price will do.

5 0
3 years ago
Read 2 more answers
A call option has an exercise price of $70 and matures in six months. The current stock price is $71, and the risk-free rate is
zmey [24]

Answer:

=$0.98

Explanation:

GIVEN DATA:

amount to be matures is $70

current stock price is $71

risk free rate 4%

since standard deviation for stock is given as 0 therefore price os stock is remain same i.e. $71

pay off amount is $71 -$70 = $1

maturity period is of 6 month thus amount of call is calculated as

= 1 \times e^{-0.04 \times 0.5}

= 1\times 0.9801

=$0.98

7 0
3 years ago
Other questions:
  • During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as foll
    15·1 answer
  • What is the main advantage of an electronic database
    8·1 answer
  • On January 1, Collins Corporation had 800,000 shares of $10 par value common stock outstanding. On March 31, the company declare
    9·1 answer
  • Brown Company’s December 31, Year 1 balance sheet showed $1,800 cash, $200 accounts payable, $600 common stock, and $1,000 retai
    9·1 answer
  • ​Apple has made a success from anticipating what consumers would want in new technological advances, convenience, and ease of us
    12·1 answer
  • Capp Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:
    9·1 answer
  • Summit Record Company is negotiating with two banks for a $150,000 loan. Fidelity Bank requires a compensating balance of 26 per
    7·1 answer
  • Rinaldo is an expat working in Singapore. As part of his compensation package, a chauffeur drives him to and from work each day.
    9·1 answer
  • Bringing products and services to consumers in the u.s. that were previously available only in other countries is an advantage o
    15·1 answer
  • As liv golf expands to 14 events in 2023, how much money will be available to competitors in the upcoming season?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!