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2 years ago

Which of the following does not give rise to a business expense for self-employed taxpayer's uniforms or special clothing?

Business

1 answer:

svp [43]2 years ago

4 0

Answer: e. All of these choices are deductible.

Explanation:

All of the above give rise to a business expense for self-employed taxpayer's uniforms or special clothing and as such are deductible.

A lawyer needs to look the part and the option said it was a 'business suit' so that classifies as a work expense.

A clown cannot be a clown without their costume so that is definitely a business Expense as well.

Some scientists need hazmat suits to perform their duties effectively so this counts as a business expense as well and is also deductible.

And a mascot like a clown, cannot be a mascot without their attire so that is a business Expense as well.

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Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a

ivann1987 [24]

Answer:

$0 stock basis; $10,000 debt basis

$1,000 (original stock basis) + $4,000 ordinary income − $7,000 distribution = $0 stock basis and a $2,000 distribution in excess of stock basis generating $2,000 of capital gain. Debt basis is not reduced by distributions.

Explanation:

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2 years ago

Zappos.com constantly reminds customers of recently viewed items and informs them when stock is low in an effort to entice the c

nirvana33 [79]

I guess the correct answer is conversion rate.

Zappos.com constantly reminds customers of recently viewed items and informs them when stock is low in effort to entice the customer to make a purchase. Zappos is trying to improve its conversion rate.

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2 years ago

Quantitative Problem 1: Hubbard Industries just paid a common dividend, D0, of $1.50. It expects to grow at a constant rate of 2

mr Goodwill [35]

Answer:

The current price of Hubbard's common stock is <u>$25.50</u>.

Explanation:

This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:

P = D1/(r - g) ............................ (1)

Where,

P = Current stock price = ?

D1 = Next dividend = D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53

r = required return = 8%, or 0.08

g = growth rate = 2%, or 0.02

Substituting the values into equation (1), we have:

P = $1.53 / (0.08 - 0.02) = $25.50

Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.

7 0

2 years ago

When units are moved from one processing department to the next, the cost associated with those units must also be moved from o

KonstantinChe [14]

These costs called as Transferred costs.

<h3><u>Explanation:</u></h3>

The costs that are accumulated during the time of upstream production process in a firm refers to Transferred costs. These are associated with the goods that are transferred to the next department of a business from one department. With this product there will be a continuation of the production process.

These are semi finished goods that are transferred for the purpose of continuing the production process. When these units are moved form the processing department to the next department, these transferred cost will be transferred from one work in process account to the next account.

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2 years ago

In an attempt to increase sales during a lagging economy, Macy's has increased its advertising and sales promotions for its curr

Mashutka [201]

Answer:

I don't know this assignment but ask your teacher or get tutor.

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2 years ago