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
Blizzard [7]
3 years ago
11

Which of the following taxpayers may not use the standard mileage method of calculating transportation costs? a. A self-employed

CPA who drives a computer-equipped minivan to visit clients. b. A real estate salesperson who drives a $70,000 Mercedes while showing houses. c. All of the above taxpayers may use the standard mileage method. d. A taxpayer who has a fleet of 10 business automobiles. e. An attorney who uses his Tesla for calling on clients.
Business
1 answer:
frozen [14]3 years ago
4 0

Answer:

The correct answer is (E)

Explanation:

A standard method of calculating transportation cost is used to maintain equality among organisations. This method is applied to all the workers and government employees, but it has some rules and regulations. If an employee for example attorney is using his vehicle for calling on clients is fine as long as the car average fuel consumption is standard. For example, if an attorney used his Tesla for calling on clients is not a standard way which is why transportation cost will not be calculated by the standard mileage method.

You might be interested in
Which party is responsible for obtaining informed consent from a client?
likoan [24]
Hey there,

Answer:

<span>The individual performing the procedure, study, or treatment

Hope this helps :D

<em>~Top</em></span><span>
</span>
8 0
3 years ago
A company uses process costing to assign product costs. Available inventory information for a period is as follows: Inventory (i
Free_Kalibri [48]

Answer:

i think its the answer for the lable of drake and jakie chan has a lot of money and mgk is not a good rapper

Explanation:

6 0
2 years ago
What did Lonnie Johnson work on in the military
arlik [135]

Lonnie Johnson had an illustrious career as a nuclear engineer working on the Galileo space programme and the stealth bomber - but he is best known for creating a water pistol.

Hope this helped!

Good luck :p

~Emmy <3

5 0
3 years ago
The concept of demand is best described as the quantity of a good or a service that people will offer for sale at different poss
Igoryamba

Answer:

the quantity of a good or a service that people are willing and able to purchase at different possible prices.

Explanation:

The demand concept would be refer to the various quantity amount in which the people are willing and able to buy at various prices so the demand concept deals with the goods or service quantity in which the purchaser would purchase at various prices that can be possible

Hence, the above represent the answer

7 0
3 years ago
Question 1 Tamarisk Corporation issued 1,800 shares of $10 par value common stock upon conversion of 900 shares of $50 par value
Anastasy [175]

Answer:

The journal entries relating to the conversion of preferred stock to common stock are highlighted below:

Dr Preferred stock                                                 $45,000

Dr Paid-in capital in excess of par                        $9,900

Cr Common stock                                                                           $18,000

Cr Paid-in capital in excess(balancing figure)                                $36,900

Explanation:

Find in the attached the detailed computations of the amounts above.

Download xlsx
7 0
3 years ago
Other questions:
  • 1. Scenario: Stephanie has been driving for four years without any major auto accidents-until today. It was pouring rain when sh
    5·1 answer
  • On January 1, Year 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issue at face value. Th
    9·1 answer
  • For each of the users of accounting​ information, identify whether the user is an external decision maker​ (E) or an internal de
    11·1 answer
  • Cash Now Industries just hired 500 new workers to build ATMs and self-service check-out systems at its manufacturing plant in Te
    5·1 answer
  • "925,000" jackson county senior services is a nonprofit organization devoted to providing essential services to seniors who live
    12·1 answer
  • Fred Flintlock wants to earn a total of 10% on his investments. He recently purchased shares of ABC stock at a price of $20 a sh
    5·1 answer
  • If the price of Product E decreasing by 9 % causes its quantity demanded to increase by 14 % and the quantity demanded for Produ
    12·1 answer
  • If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each
    13·1 answer
  • The employees who work for a business are called ____.
    13·1 answer
  • Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real gdp is $700 billion,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!