1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tpy6a [65]
4 years ago
6

Judi Pendergrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses

to commute from work to home on Friday nights and from home to work on Monday mornings, 50 weeks per year. Her commute is 25 miles each direction. Required: Using the commuting rule, what is the valuation of the fringe benefit?
Business
1 answer:
scoundrel [369]4 years ago
8 0

Answer: None

Explanation: The IRS commuting rule allows for business travel expenses to be deducted as business expenses but this does not apply to commuting expenses.

Business travel expenses include Judi driving the company car to customer's locations or using any other form of transportation to meet a client. It even covers travelling by plane to another state for the same purpose.

It however does not apply to travelling between home and work, this is a daily travel expense as you need to get to work anyway.

You might be interested in
Identifying various components that are at higher risks and standardizing it.
Liono4ka [1.6K]

Answer:

a. Certain parts acquired from Japanese automakers are at lesser risk because the components are standardized.

b. Sourcing engines and transmissions locally is at higher risk as the company has gone toward customization which involves risks and the product will not be standardized.

c. This involves less risk and standardized.

Explanation:

The standardized components will create lesser risk to the company. When the company goes towards customization then there will be risk involved in the components as the customers might not accept the customized components and standardized feature might be more appreciated by the customers.

7 0
3 years ago
Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr
algol13

Answer:

Raise シ︎❤︎

❣︎

6 0
4 years ago
It is acceptable for an employee to wear fingernail polish if the employee is a.
Dennis_Churaev [7]

Depending on the type of job, it may or may not be acceptable for employees to wear nail polish to work especially if its unethical.

<h3>What is Formal Dressing ?</h3>

   Formal dressing describes the appropriate way to dress for different occasions. This implies that you must dress according to the requirements of occasion you want to attend or according to your job requirement.

  Employees must strive to dress properly as permissible by the code of conduct of the working environment.

Learn more about Proper dressing at brainly.com/question/27837116

#SPJ1

8 0
2 years ago
Pros and Cons of Adjustable-Rate Mortgages
Bumek [7]

The pros and cons of the Adjustable-Rate Mortgages are consistent payments and lower interest rates possible.

<h3>What is Mortgage?</h3>

Mortgage refers to the agreement between the lender and the buyer which involves the exchange of the money.

When person and a lender enter into a mortgage, the lender is granted the power to seize your property if person are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.

Adjustable-Rate Mortgages is the loan which is granted for the homes which depends on the market as it does not has the fixed rate of interest.

The ARS mortgage type offers comfortable consistent payments, and over time, reduced interest rates may be feasible. However, there is a chance that interest will grow, which could be a drawback.

Learn more  about Adjustable-Rate Mortgages here:

brainly.com/question/12345275

#SPJ1

4 0
2 years ago
Prepare journal entries for each transaction listed. (If no entry is required for a transaction/event, select "No journal entry
Karolina [17]

Answer:

The journal entries are as follows:

(i) (a) Under allowance for doubtful account method:

Allowance for doubtful accounts A/c Dr. $13,300

              To accounts receivable                           $13,300

(To record the bad debts written off)

(b) Under direct write off method:

Bad debt expenses A/c Dr. $13,300

          To accounts receivable         $13,300

(To record the Bad debts written off)

(ii) Bad debts expenses A/c Dr. $15,300

               To Allowance for doubtful accounts $15,300

(To record the bad debt expense)

6 0
3 years ago
Other questions:
  • What type of work is growing fastest in the united <br> states
    9·2 answers
  • Employers prefer to review a _____ resume when trying to find which candidate has the specific skills necessary for a designated
    5·1 answer
  • 2016 dec. 13 accepted a $9,500, 45-day, 8% note dated december 13 in granting miranda lee a time extension on her past-due accou
    13·1 answer
  • Charles and Camilla got divorced in 2018. Under the terms of the decree Charles pays Camilla $50,000 in cash in each of the next
    12·1 answer
  • There are three key approaches to entering international markets. each company must decide how to enter each chosen marketlong d
    7·1 answer
  • With the objectives of pre-venting crime, maintaining property values, and preserving the quality of urban life, New York City e
    12·1 answer
  • Suppose a farmer in Georgia begins to grow peaches. He uses​ $1,000,000 in savings to purchase​ land, he rents equipment for ​$6
    14·1 answer
  • Goods and services are purchased by businesses as well as by individuals. O a. True O b. False​
    8·1 answer
  • Tatum Company has four products in its inventory. Information about the December 31, 2021, Inventory is as follows: Product 101
    6·1 answer
  • For a given price level, an upward shift of the expenditures schedule corresponds to an?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!