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3 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]3 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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What would cause an increase in the equilibrium price of a good?

crimeas [40]

Answer:

Demand and supply

Explanation:

Demand and supply are the two factors which effect the equilibrium of price. If demand increases and the supplies remains constant the price will increase. On the other hand when demand decrease and the supplies remains constant the price will fall. So these two factors effect the Equilibrium price of a good.

5 0

3 years ago

6. How long does it take for the average new drug to be tested and approved for

tankabanditka [31]

Answer:

3 to 5 years.....only.....

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3 years ago

Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli

Cerrena [4.2K]

Answer:

The balance in Eve's prepaid insurance account as of December 2021 is $18000 as shown below.

Explanation:

The balance of prepaid insurance would be the balance left after 12 months expense has taken from both amounts

Liability policy $36000*6/18=$12000

Crop damage policy $12000*12/24=$6000

Balance of prepaid insurance $18,000

The balance of $18000 would be left in the prepaid insurance account,whereas the balance damage crop policy account would be enough for the coming year, there is a need for 6 months insurance policy payment in respect of liability policy in the year 2022

6 0

4 years ago

A ____ is a strategic alliance in which two existing companies collaborate to form a third, independent company. question 37 opt

d1i1m1o1n [39]

A Joint Venture is a strategic alliance in which two existing companies collaborate to form a third, independent company.

4 0

3 years ago

Read 2 more answers

The cost, in dollars, to produce x designer dog leashes is C ( x ) = 8 x + 3 , and the price-demand function, in dollars per lea

steposvetlana [31]

Answer:

P (x) = 80x - 2x^2 - 3

Explanation:

The Profit function is the revenue minus the cost.

Revenue = Price x Quantity = X.px = x(88-2x) = 88x - 2x^2

Therefore the profit function P (x):

P (x) = 88x - 2x^2 - (8x+3)

P (x) = 80x - 2x^2 - 3

To maximise profit we use the 1st order condition: dP(x)/dq = 0

Therefore, 80 - 4x = 0

4x = 80

x = 20

So 20 leashes maximises profit.

P(x) = 80(20) - 2(20)^2 - 3

P = $803

The price to charge would be:

p (x) = 88 - 2(20) = $48

The best reason would be that the price is a bit expensive for a leash so most people would not buy it.

6 0

3 years ago