Answer:
The largest tax deduction = $8,874 mileage method
Explanation:
mileage method = 15300*0.58 =$8,874
Actual Expense = $5,540 + 765 + 3,095 +165 +240 + 1000 = $10,805
business use % = 15300/(15300+5100)
= 15300/20400 = 0.75
Actual expense = $10,805 * 0.75 = $8,103.75
If the interest expense on loan for the Van is considered as an expense for profit and loss section in calculating Net income then
ACTUAL EXPENSE = $10,805 - $1000 = $9,805 * 0.75= $7,353.75
nonetheless Mileage method gives the largest deduction
Answer:
None but a rival goods.
Explanation:
Public goods means a product that cannot reduce the consumption of one person due to the consumption of other person. Providing a free concert is necessarily excludable because it is possible to charge entrance. Only a limited person can attend the concert, so it is a rival goods. The free concert is not a public goods none common resources and private goods
Answer:
D. As net position
Explanation:
Based on the information provided within the question it can be said that these should be characterized as net position. This term refers to the absolute value of all the long and short positions of the person borrowing the money including the difference of all the terms mentioned in the question. Such as assets, deferred outflows, deferred inflows, and liabilities.
Answer:
say they both make good points but they should decide for themselves
Explanation: When other people are involved in a dispute, it is best to take a neutral stance and not get involved
Answer:
$7400000 (Fixed cost)
Explanation:
Contribution margin is a product's price minus all associated variable costs, resulting in the incremental profit earned for each unit sold. The total contribution margin generated by an entity represents the total earnings available to pay for FIXED expenses and to generate a profit.
