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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.

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Maria Martinez and her sister, Christina, are planning to operate a small day care center in a remodeled building. They've obtai
Maurinko [17]
The correct answer would be D. Limited Partnership
7 0
3 years ago
Absent any exaggeration, supply chain professionals could boast how crucial their role is in satisfying B2B and B2C customers al
const2013 [10]

Answer:

True, but it applies to everyone in the organization.

Explanation:

Modern companies can only be successful if every single employee works as a team member, since competition keeps increasing and customers' expectations keep rising.

Every single role within an organization is important. Can supply chain professionals distribute a product that doesn't exist (wasn't manufactured on time)? Could they distribute a product that no one wants to buy (marketing and sales are extremely important also)? Could anyone work if the finance department couldn't do its job and there was no money in the company?

We tend to believe that what we do is extremely important and difficult to do, and other people have it easier because their are simpler than ours. But that is just nonsense. Once I heard a quarterback talking about who was the most important player in a football team, and his answer really surprised me, "Quarterbacks fill stadiums, but defenses earn championships". On a team no one is more important, the chain breaks on its weakest link.  

7 0
3 years ago
Lori prefers to purchase cosmetics at self-service drug stores as saleswomen at cosmetic counters in department stores intimidat
Stells [14]

Answer: Social comparison

Explanation:

 The social comparison is one of the important theory in the society which state that the individual person can determine their own personal and the social importance by comparing their own qualities with the other people. The coal comparison is mainly proposed by the Leon festinger in the year 1954.

 According to the given scenario, the self evaluation is basically conducted by the Lori is best illustrate example of the social comparison as people generally compared themselves with the other people for the purpose of self motivation and improvement.  

Therefore, Social comparison is the correct answer.

8 0
3 years ago
Alice, Amber, and Andi make and sell pottery. Alice is willing to sell a 5 inch pot for $35, Amber is willing to sell a 5 inch p
SIZIF [17.4K]

Answer:

The answers are:

1. combined producer surplus = $69

2. Alice and Amber (b)

Explanation:

A producer surplus is the difference between how much a producer sells a product in the market, and how much he is willing to sell the product for, if the market price is higher than the price he was willing to sell the product for.

The combined producer surplus of the ladies is the sum of their individual producer surpluses, and it is calculated as follows;

Alice: willing price = $35, market price = $70, therefore surplus

= 70 - 35 = $35

Amber: willing price = $38, market price = $70, ∴ surplus = 70 - 38 = $32

Andy: willing price = $68, market price = $70, ∴ surplus = 70 - 68 = $2

Combined producer surplus = 35 + 32 + 2 = $69

b. In this case the price of the 5 inch pot in the market is $45, Alice and Amber will sell their pots because the price in the market exceeds their willing price of $35 and $38 respectively and they will make producer surpluses of $10 and $7 respectively, but Andi on the other hand will not sell her pot because if she does, she will make a loss, as her willing price is $68 and the market price is $45, if she goes ahead to sell she will incur a loss of $23.

3 0
3 years ago
Mitchell, Inc., is expected to maintain a constant 4.6 percent growth rate in its dividends, indefinitely. If the company has a
castortr0y [4]

The required return on the company's stock given the growth rate and the dividend yield is 10.4%.

<h3>What is the required return?</h3>

The required return is the return that investors demand for investing in a stock. The more risky a stock is, the higher the return demanded by investors.

Required return = dividend yield + growth rate

4.6% + 5.8% = 10.40%

8 0
2 years ago
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