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
schepotkina [342]
3 years ago
10

harlotte traveled to Annapolis to attend a 3-day business conference. After her meetings concluded, she stayed 2 additional days

sightseeing. Charlotte's airfare was $400 and she paid $110 per night for lodging and $20 a day for incidentals. How much of Charlotte's costs can be deducted as a business expense
Business
1 answer:
ExtremeBDS [4]3 years ago
6 0

Answer:

$790

Explanation:

Charlotte attended a 3 day business conference.

She stayed 2 additional days after the conference.

Her airfare was $400

Lodging was $110 per night

Incidentals were $20 a day.

Charlotte's business expense includes thus,

Lodgings for 3 days which is $110 * 3 =$330

Incidentals for 3 days which is $20 * 3= $60

Airfare=$400

Total cost as a business expense= $330 + $60 + $400= $790.

You might be interested in
Choose the best word or phrase from each drop-down menu. the federal reserve increases the money supply when it is trying to enc
Pie

Because raising the money supply boosts the economy, the optimal sentence from the drop-down box is (i) or (a).

<h3>What happens when federal reserves increase?</h3>

Increasing the money supply has a number of consequences which are:

To boost the economy, the Federal government expands the money supply.

Customers use credit because interest rates are lower when the money supply is high.

The unemployment rate is reduced when the money supply is increased.

When the money supply is increased, the economy generally grows because people have more money to spend.

As the amount of money available increases, loans will become more affordable, encouraging people to take out loans knowing that they will just have to pay lesser interest rates.

To learn more about money supply, refer below

brainly.com/question/13399132

4 0
2 years ago
Read 2 more answers
Prestwich Corporation has two service departments and two operating departments. Costs of the Building and Grounds service depar
shepuryov [24]

Answer:

$20,880

Explanation:

Under the direct method we ignore services that are provided to the other service departments.

In order to allocate the building operation costs to Operating department A, we need to determine what percentage of the building space taken up by Operating departments is used by Operation Department A.

There is a total of 50000 square feet and Operating Department A occupies 60%(30000/50000 of that.

So Operating Department A will get 60% of the building costs

  i.e., 60% × 34800 = 20,880

7 0
3 years ago
Which of the following companies has the lowest degree of leverage?
LiRa [457]

The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.

<h3>What is a degree of leverage?</h3>

This means  how much a firm operating income changes in response to a change in sales.

Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.

Therefore, the Option C is correct.

Missing options "90% Debt, 10% Equity

30% Debt, 70% Equity

20% Debt, 80% Equity

50% Debt, 50% Equity"

Read more about degree of leverage

<em>brainly.in/question/8720374</em>

#SPJ1

4 0
2 years ago
In what country do the three largest shareholders control, on average, about 60 percent of the shares of a public company?
Kazeer [188]

Answer:

B, Italy

Explanation:

In Italy, 60 percent of the shares of a public company are owned by the 3 largest shareholders. This invariably means that the decision making of public companies are mostly at the mercy of just 3 persons as against larger numbers in other countries.

Cheers

5 0
3 years ago
Consider the market for mobile applications, smartphones, and conventional phones. Each pair are they complements or substitutes
madam [21]

Explanation:

Complements and Substitutes are basically the goods or services. Complements are the goods which are used with one another, and with the increase of price of one good, the demand of other good falls. On the other hand, substitutes are the goods which are used in place of other goods and with the increase in the price of one good, the demand of other product increases.

In this question, Mobile Applications and Smart Phones are Complements, and Smart Phones and Conventional Phones are Substitutes, and Mobile Applications and Conventional Phones are substitutes.

5 0
3 years ago
Other questions:
  • You are opening up a brand new retail strip mall. You presently have more potential retail outlets wanting to locate in your mal
    14·1 answer
  • Bramble's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's b
    13·1 answer
  • 9. Soccer Ball-
    10·1 answer
  • Which of the following is not a benefit of a store channel shopping experience?
    14·1 answer
  • If you plan to take money out of the bank frequently, what type of account should you get?
    13·2 answers
  • Suppose your firm receives a $ 3.2 million order on the last day of the year. You fill the order with $ 1.7 million worth of inv
    15·1 answer
  • When a nation’s currency appreciates, what is the most likely result?
    5·1 answer
  • Flint Company’s unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit Accounts receivable
    11·1 answer
  • The Jones are a married couple and have always filed joint tax returns. On May 18, 2017, the couple was assessed with tax defici
    6·1 answer
  • How is the market supply curve derived from the supply curves of individual producers?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!