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3 years ago

What is one advantage of starting a business in hard times

Business

2 answers:

uysha [10]3 years ago

4 0

You can find equipment and products at bargain prices.

Since it's hard times, sales are low everywhere in the market, so companies will sell for less.

just olya [345]3 years ago

4 0

Answer:

You can find equipment and products at bargain prices.

Explanation:

Since it's hard times, sales are low everywhere in the market and companies will sell for less.

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Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and confer

PolarNik [594]

Answer:

The deductible expense = $570

Explanation:

First, the question is not complete, the complete question is as follows

Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and conferences and then spent 2 days sightseeing in the area. Gwen's plane fare for the trip was $250. Meals cost $160 per day. Hotels and other incidental expenses amounted to $250 per day.Gwen was not reimbursed by her employer for any expenses. Her AGI for the year is $50,000 and she itemizes but has no other miscellaneous itemized deductions. Gwen may deduct (after limitations).

Solution

How much is the plane fare $250

How much was spent on means $640 (160 a day x 4 days)

Subtract: 50% of meal costs ($320) 0.5 x 640

Hotel Expense was $1,000 ($250 x 4 days)

The total is $1,570

Subtract 2% of the AGI $1,000 (0.02 x 50,000)

The final deductible expense $570

This means the amount that Gwen can deduct from the expenses for the trip after the limitations as calculated above is $570

6 0

3 years ago

Big Sky Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Big Sky Sports is owned and op

stiv31 [10]

Answer:

(a)

1. Kalispell State Bank

2. Glacier Boutique

3. Big Sky Sports

4. Kalispell State Bank

5. Big Sky Sports

6. Big Sky Sports

7. None of the above

8. Glacier Boutique

9. None of the above

10. Big Sky Sports

(b) Business transactions refers to the transactions that are related to only business, such as purchase of land, machinery, goods for business purposes. Any type of personal transaction is not included in business transaction.

6 0

3 years ago

During 2016, Moore Corp. had the following two classes of stock issued and outstanding for the entire year: 100,000 shares of co

iVinArrow [24]

Answer:

the amount to be used in the numerator is $900,000.

Explanation:

Earnings Per Share = Earnings Attributable to Holders of Common Shares ÷ Weighted Average Number of Common Shares Outstanding.

Diluted Earnings per Share takes into account potential voting rights.

The Preference dividend is not deducted from Net Income as it carries a potential voting right.

6 0

3 years ago

Suppose the government enacts a stimulus program composed of $400 billion of new government spending and $200 billion of tax cut

LUCKY_DIMON [66]

Answer:

thank you for points I will return them to you in 2 days

5 0

3 years ago

How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank?

Alecsey [184]

Answer:

A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.

4 0

3 years ago