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ra1l [238]
3 years ago
14

Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida, and wants to expand to other

states. During 2014, she spends $14,000 to investigate TV rental stores in South Carolina and $9,000 to investigate TV rental stores in Georgia. She acquires the South Carolina operations, but not the outlets in Georgia. As to these expenses, Iris should:
Business
1 answer:
ivanzaharov [21]3 years ago
6 0

Answer:

Expense $23,000 for 2014

Explanation:

The computation is shown below:

Given that

Amount spent on investigating the TV rental stores is $14,000 in south Carolina

And, the amount spent  on investigating the TV rental stores is $14,000 in Georgia is $9,000

So, the expenses that should be spent in the year 2014 is

= $14,000 + $9,000

= $23,000

The same is to be considered

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OPTIONS:

A. Resources B. reserves. C. overheads. D. variable costs.

Answer:

A. Resources

Explanation:

Resources are factors that aid the production process of any business, which includes land, labor, capital, and management. All are combined together to make production successful. The organization’s processes, the employees and its equipment can be regarded as the company’s resources which are put together in the production of greeting cards for customers use.

8 0
3 years ago
Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh
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Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

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8 0
3 years ago
SELECT ALL THAT APPLY. When creating a storyboard, you should consider
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6 0
3 years ago
As you delelop your child care center, you should ensure that children are well taken care of, but are also
Goshia [24]

Answer:

exposed to an environment that entice their curiosity and learning.

The period of early development of a child is utmost important for the effective and sound development of a child's mind and this early development can affect the child through out his elder years.

because of this, when developing a child care center, as much as concerning about the physical safety of the child, the mental development and the learning abilities of the child must be considered too.

Explanation:

7 0
3 years ago
A job was timed for 60 cycles and had an average of 1.2 minutes per piece. The performance rating was 95 percent, and workday al
Igoryamba

Answer and Explanation:

The computation is given below:

a) Observation time is

= Average time

= 1.2 minutes

b) Normal time is

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= 1 ÷ (1 -  Allowances)

= 1 ÷ (1 - 0.1)

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8 0
3 years ago
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