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RSB [31]
4 years ago
12

Randi qualifies for a home deduction. The amount of space devoted to business use is 400 square feet of the total 2,000 square f

eet of her home. Randi's mortgage interest and property taxes in total are $1,600. Other deductions properly allocated to the home office total $300. In addition, Randi purchases and uses supplies costing $200 during the year. Assume Randi earns income of $3,400 for the year before deducting any home office or supplies deduction. Assuming Randi uses the simplified method, calculate his home office deduction limitation and his actual home office deduction (ignore self-employment taxes).
Home office deduction limitation: $
Home office deduction: $
Business
1 answer:
astra-53 [7]4 years ago
3 0

Home office deduction limitation: $ 3,200

Home office deduction: $1,500

Explanation:

The simplified method enables you to enter the tax-free part of any annuity payout. Divide the expenses from the cumulative annual fees you expect whether you make those after-tax donations.

A) $3,400 - $200 = $3,200

B) $1,500

Note: The IRS also adopted a simpler approach to the the ambiguity of the home office allowance.

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Women speakers who are nervous tend to wobble on their high heels.
Pachacha [2.7K]

Answer:

Yes?

Explanation:

is this a true or false question

if so I think yes but idk

8 0
3 years ago
As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As
swat32

Answer:

As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As she handles this responsibility, Liandra is playing the decisional role.

Explanation:

A manager is someone who supervises, controls and administers an organization or company. There are different types of managers in an organization. An example is a store manager whose major role is to maintain the overall image of the store. There are different roles that a manager can play in an organization, namely; decisional, disseminator, and leadership. These roles are further explained below;

1. Decisional role

As the name suggests, this is a role where the manager has to make a choice on multiple alternatives. As she handles the responsibility of purchasing products at a fair price, she makes decisions on which products are of quality and which ones have a good price on behalf of her company.

2. Disseminator

A disseminator is a manager in the field of communication charged with the responsibility of passing information about an organization to the employees.

3. Leadership

Leadership can be defined as the role of taking charge in directing people and resources in a certain direction. The role of leadership can be taken by different people as various levels of management.

8 0
3 years ago
A ____, also called a SWOT analysis for strengths, weaknesses, opportunities, and threats, is an assessment of the strengths and
olga_2 [115]

Answer: The answer is SITUATIONAL ANALYSIS

Explanation: A SITUATIONAL ANALYSIS is the gathering of methods to analyse the internal and external factors of a business inoder to get a clear picture of the business environment.

A situational analysis is also called a SWOT analysis that measures the strengths, weaknesses, opportunities and threats.

3 0
3 years ago
Read 2 more answers
The board of directors declared cash dividends totaling $1,200,000 during the current year. The comparative balance sheet indica
Salsk061 [2.6K]

Answer:

$1,350,000

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning balance of dividend payable + cash dividend declared - ending balance of dividend payable

= $250,000 + $1,200,000 - $100,000

= $1,350,000

To find out the amount of cash payments to stockholders we added the cash dividend declared and deduct the ending balance of dividend payable to the beginning balance of dividend payable

8 0
3 years ago
Jonah earns a commission of 9% of his sales.
tamaranim1 [39]

Answer:

Jonah earned $165.51 in commission

Explanation:

add all of jonah's sales together and multiple them by .09

8 0
3 years ago
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