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finlep [7]
3 years ago
14

Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the approp

riate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000

What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?​
Business
1 answer:
Flura [38]3 years ago
7 0

Answer:

any options?

Explanation:

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$100980

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4 years ago
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Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities ar
juin [17]

Answer: The correct answer is "B. social class".

Explanation: Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities are members of​ a <u>social class.</u>

In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

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3 years ago
Does New Zealand have many hotel
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Yes new zealand does have many hotels, ive been there

7 0
4 years ago
6. Network monopolies The value of a network good as the expected number of units sold increases. Which of the following is an a
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Answer:

The authorities would issue a complaint if the network monopoly undertakes predatory practices to maintain its monopoly position

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I hope my answer helps you

3 0
3 years ago
The market price of a share of common stock is $55. The dividend just paid is $3, and the expected growth rate is 4%. Using the
Step2247 [10]

Answer:

r = 0.09672 or 9.672%

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,  

D0 is the dividend paid recently

D0 * (1+g) is dividend expected for the next period /year

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55 = 3 * (1+0.04)  /  (r - 0.04)

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4 0
3 years ago
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