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Y_Kistochka [10]
3 years ago
7

Charlotte owns a custom publishing business. She uses 500 square feet of her home (2,000 square feet) as an office and for stora

ge. All her business has come from telemarketing (telephone sales), direct mailings, or referrals. In her first year of operation, she has revenues of $37,000, cost of goods sold of $25,900, and other business expenses of $8,100. The total expenses related to her home are:

Business
1 answer:
leva [86]3 years ago
7 0

Answer:

As calculated below (attachment)She must deduct the expenses related to interest and taxes first, then deduct her other business expenses, then at last the depreciation.She may carry forward the $1,105 ($145 limit- $1,250 current depreciation) which she is not ble to use in the current year to a future year when her business has sufficient income to absorb the deduction.

Explanation:

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6 0
3 years ago
The movie was great, but the sound was terrible. Many theatergoers take to social media to complain. Which action is most likely
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3 years ago
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Assume Worldwide Cleaning Service had net income of $ 900 for the year. Worldwide Cleaning​ Service's beginning and ending total
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Answer:

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Explanation:

given data

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solution

we get here return on assets that is express as

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4 0
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There are two forms of intergroup conflict: latent and active.T/F
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