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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 :)

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Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)

LenKa [72]

Answer:

hello the Thrift segment customers table is missing hence i will give you a general guideline to the correct answer

answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.

Explanation:

The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that more customers are interested in the product and that will make the product very competitive in the open market

7 0

2 years ago

A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur

musickatia [10]

Answer:

correct option is d. $600

Explanation:

given data

sells product = $20 per unit

selling price fallen = $15 per unit

FIFO inventory = 200 units

purchased = $16 per units

Net realizable value fallen = $13 per unit

to find out

amount of the lower cost of market

solution

we know that here Company record inventory at lower

so market value or cost of the inventory at declined time

and here Market Adjustment is the Difference of the cost and the Market Value

so cost will be here

Cost = 200 × $16

cost = $3200

and

Net realizable value will be

Net realizable value = 200 × $13

Net realizable value = $2600

so that Market adjustment is the difference of

Market adjustment difference = $3200 - $2600

Market adjustment difference = $600

so correct option is d. $600

8 0

3 years ago

If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpfu

LenaWriter [7]

Answer:

D. Cash flow statement

Explanation:

A cash flow statement refers to a financial statement which is used to record and summarize the amount of liquid assets (cash and cash equivalents) entering and leaving a business entity.

Cash flow can be defined as the net amount of cash and cash-equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

Hence, if you want to make sure a company has enough money available to pay its bills, the financial statement which would be most helpful is the cash flow statement because it is used to measure and analyze how well the company is doing financially in terms of generating revenue to pay its bills and debts.

5 0

3 years ago

John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If

ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

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6 0

2 years ago

How does pay structure affect company strategy ?

Dennis_Churaev [7]

Answer:

Economy

Explanation:

It affects per annum.

6 0

2 years ago