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Wittaler [7]
3 years ago
11

Which of the following taxes is not deductible as an itemized deduction?a. Property tax on second residenceb. Sales tax in a sta

te with no income taxc. Federal income taxd. State income tax
Business
1 answer:
Rudiy273 years ago
3 0

Answer:

<u>b. Sales tax in a state with no income tax</u>

Explanation:

  • Under the laws of the united states, itemized deductions are eligible expenses that an individual taxpayer can claim on federal income if available.  
  • Based on there taxable incomes the taxes can be deduced and the sales taxes with no income tax do not come under the deductible tax.
  • The list of expenses can also be itemized by there are limited to the tax year.
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Hor to attract teenagers to go to shopping mall (no discounting)
Radda [10]

Hello!

Often people put up signs that, that person likes and is interested in. People also can bargain with a person. So if they are leaving because they think the product is to high of a price for them, then you can tell them you can lower the price.

( word of advice, this is a last resort option)

I hope it helps!

6 0
3 years ago
Read 2 more answers
Gains or losses on cash flow hedges are Group of answer choices ignored completely. recorded in equity, as part of other compreh
Helga [31]

Answer: The correct answer is "recorded in equity recorded in equity, as part of other comprehensive income.".

Explanation: Gains or losses on cash flow hedges are <u>recorded in equity, as part of other comprehensive income.</u>

<u>The gains or losses of a cash flow hedge must be recorded, as part of other comprehensive income, in equity.</u>

7 0
3 years ago
Employees have leadership prototypes, which they use to Multiple Choice decide whether a leader is effective based on their perc
VikaD [51]

Based on implicit leadership theory, Employees have leadership prototypes, which they use to "<u>decide whether a leader is effective based on their perception of how the leader should look and act."</u>

<h3>What is Leadership Prototype?</h3>

Leadership Prototype generally occurs when people evaluate or assess a leader's effectiveness.

Leadership prototypes are implicit leadership whereby individuals use the cognitive indication of an actual or abstract leader believed to possess all leaders' attributes.

Hence, in this case, it is concluded that the correct answer is to "<u>decide whether a leader is effective based on their perception of how the leader should look and act."</u>

Learn more about the Leadership prototype here: brainly.com/question/9772602

5 0
2 years ago
The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.6 million. If Sisyphean's
castortr0y [4]

Answer:

$1,260,000

Explanation:

Given that,

Annual depreciation expense = $3.6 million

Marginal corporate tax rate = 35%

Average corporate tax rate = 30%

The reason to use marginal tax shield is that the firm would save additional amount it would have paid in taxes.

Value of the depreciation tax shield:

= Marginal corporate tax rate × Annual depreciation expense

= 35% × $3,600,000

= $1,260,000

Therefore, the value of the depreciation tax shield on the company's new project is $1,260,000.

3 0
3 years ago
Which of the following items is the one type of household expenditure that is categorized as investment rather than consumption
Simora [160]

Answer:

a. the purchase of a new home 

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable goods + Investment spending by businesses + Government Spending + Net Export

The purchase or a new home is considered an investment and thus it is added to investment when calculating GDP .

I hope my answer helps you

4 0
3 years ago
Read 2 more answers
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