All categories

3 years ago

What is the IRS method of allocating expenses between rental use and personal use?

Business

1 answer:

lidiya [134]3 years ago

3 0

Answer:

Schedule E- Allocation of Rental and Personal Expenses.

Explanation:

Hello so I am gonna assume your talking about what I said above if you use your dwelling unit for both rental and personal purposes, divide your expensive between the rental use and the personal use based on the number of days used for each purpose.

Hope this helps :)

You might be interested in

Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000

Cloud [144]

Answer:

Cash flow from operating activities 284,500

Explanation:

net income 270,000

change in AR

17,000- 9,500 = 7,500(A)

change in AP

28,000 - 21,000 = 7.,000(B)

total change in working capital 14,500

Cash flow from operating activities 284,500

(A)

The account receivable decrease over time this means the account were collected, whch increase cash

(B)

The account payable increase, which means the company receive cash or delay the payment of cash for this period of time. Therefore, the cash increase.

3 0

3 years ago

What style of leadership is grounded in the exchange relationship between the leader and the follower

Annette [7]

Answer: Transactional leadership

Explanation:

Transactional leadership a style of leadership that grounded in the exchange relationship between the leader and the follower.

For transactional Leadership, promotion of compliance is done through both rewards and punishment.

7 0

3 years ago

What policy of gorbachev's called on the soviet people to openly discuss or criticize the soviet government and economy and ulti

Gennadij [26K]

A series of political and economic changes known as perestroika, or "restructuring" in Russian, were implemented to revitalize the Soviet Union's sluggish economy in the 1980s. President Mikhail Gorbachev, who designed it, would preside over the nation's most significant political and economic reforms since the Russian Revolution. But the Soviet Union's dissolution in 1991 was largely caused by the suddenness of these reforms, which were accompanied with rising instability both inside and beyond the Soviet Union.

What was the policy of Gorbachev's on Social and political topics?

The Soviet Union's policy of free discourse on social and political topics was known as glasnost (Russian for "openness"). The Soviet Union started to become democratic after Mikhail Gorbachev implemented it in the late 1980s. In the end, the Soviet Union's political system underwent substantial changes: the Communist Party's influence was diminished, and multi-candidate elections were held. Additionally, Glasnost allowed media outlets to more freely disseminate news and information and tolerated criticism of government authorities.

To know more about policy of gorbachev's visit: brainly.com/question/3929652?

#SPJ4

3 0

1 year ago

Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 p

ycow [4]

Answer:

6.52%

Explanation:

For computing the nominal yield to call, first we have to find out the present value by applying the present value formula which is shown in the attachment below:

Future value = $1,000

Rate of interest = 6.50% ÷ 2 = 3.25%

NPER = 15 years × 2 = 30 years

PMT = $1,000 × 8.25% ÷ 2 = $41.25

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $1,166.09

Now to determine the yield to call we use the RATE formula that is shown in the attachment below:

Present value = $1,166.09

Future value or Face value = $1,120

PMT = $1,000 × 8.25% ÷ 2 = $41.25

NPER = 6 years × 2 = 12 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the bond nominal yield to call is

= 3.26% × 2 years

= 6.52%

8 0

3 years ago

What was the opening price of Coca-Cola on Jan 1, 1962?

agasfer [191]

Answer:

I'm not 100 %sure but but I think 49 cents

3 0

3 years ago

Read 2 more answers