The ACTUAL answer to this question is Human Services focus on helping individuals live better lives rather than providing solely commercial or corporate services. Originally I thought this was the right answer but I wanted to make sure, so the other person who answered this question made me doubt myself and choose the wrong answer. I would've gotten 100% if this person ACTUALLY knew the right answer instead of guessing. Also I was thinking that Human Services isn't non profitable, but I blew off any doubts because I ASSUMED they'd write the right answer because if you're gonna answer a question on here you should be sure that the info is correct. Please rate the other answer 1 star so people know not to trust their answer.
I haven’t decided exactly what I wanna do yet, but here are my options:
-Interior designer
-Psychology counseling
-Fashion designer
-Small business owner (cafe?)
-Or something in the cosmetic indestry
Answer:
$1,500,000
Explanation:
Step 1 : Determine depletion rate
Depletion rate = $3.57
Step 2 : Depletion expense
Answer:
A home improvement store that just began business last year and had $2.7 million in gross receipts.
Explanation:
The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:
- Partnership or C corporation with less than $5 million in total sales revenue per year
- Sole proprietorship or S corporation with less than $1 million in total sales revenue
- Cannot be a publicly traded corporation
- Personal service businesses with more than 95% of revenue specifically related to services.
- Family owned farms with total annual sales revenue less than $25 million.
