Answer: $175
Explanation:
Here we can see that the business discussion happened only at dinner.
After Dinner they went for entertainment at the Cinema so that amount is not deductible as a business Expense.
The only amount deductible is the $350 for the meal.
Meals with clients are considered to be 50% deductible so solving for that we have,
= 350 * 0.5
= $175
$175 is amount of the expenditures that Holly can deduct as a business expense.
Answer:
TRUE
Explanation: If the return on money does not rise in relation to the expectation of a rise in inflation, people will have less need to keep more money with them, if other factors remain constant (ceteris paribus) the relative return on goods such as Land,gold,turnips,buildings etc and other non financial items will increase. This situation tries to show the relationship between a rise in inflation and a rise in non financial items this tries to explain the MONEY THEORY.
The answer is Line Spacing.
The line spacing feature is used to change the amount of blank space between the lines of text.
Answer:
$111,795.60
Explanation:
The cost of the machine is the present value of its annual payment of $28,000.
The present value is the annual payment multiplied by the present value of an ordinary annuity for five periods at 8% which is 3.99271 as computed thus
cost of machine=$28000*3.9927
cost machine=$111,795.60
The correct answer here would be
B.)<span>Since the new branch is adding expenses, Sam's gross profit margin will go down.
It states in the question Sam has the same amount of customers he did when he had a smaller business. This leads me to believe, for the time being, his profit will decrease after he pays the expenses of his new building wing and employees. </span>
