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belka [17]
3 years ago
15

Brenda, a self-employed taxpayer, travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days o

f travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $2,370 (airfare), $260 per day (meals), and $540 per night (lodging). Because Brenda stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Brenda's deductions for the following:
Business
1 answer:
finlep [7]3 years ago
4 0

Answer:

A. $1,659

B. $910

C. $2,700

Explanation:

Calculation to determine Brenda's deduction

a. Airfare= (70% × $2,370)

Airfare=$1,659

b. Meals=[(260/2)*7

Meals=$910

c. Lodging= [540*5]

Lodging=$2,700

Therefore Brenda's deductions are :

Airfare $1,659

Meals $910

Lodging $2,700

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A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of
Rus_ich [418]

Answer:

<u>Democracy.</u>

Explanation:

Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:

  • Freedom of expression and opinion of the individual.
  • Freedom of expression and political opinion of the individual.  
  • Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.
5 0
2 years ago
On December 31, 20X9, Pluto Company acquired 100 percent of Saturn Corporation's common stock for $300,000. Balance sheet inform
maw [93]

Answer:

The $60,000 amount of inventory  will be included in the consolidated balance sheet immediately following the acquisition

Explanation:

According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.

The inventory balance which is given in the balance sheet is $75,000

And, its fair market value is $60,000

So, the inventory would be recorded at 60,000

The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.

Hence, the $60,000 amount of inventory  will be included in the consolidated balance sheet immediately following the acquisition

4 0
3 years ago
The ________, published by the Department of Labor, lists more than 20,000 job titles and descriptions and serves as a useful to
matrenka [14]

Answer:

Dictionary of Occupational Titles

Explanation:

The answer is the Dictionary of Occupational Titles because this is a document created by the United States Department of Labor in which it establishes a big amount of different jobs in many areas and what they involve to help employers and the government to be able to define them in their organizations.

6 0
3 years ago
On July 16, 2017, Logan acquires land and a building for $500,000 to use in his sole proprietorship. Of the purchase price, $400
SashulF [63]

Answer:

A.Land $100,000

Building 400,000

B.Land $100,000

Building 395,292

Explanation:

a. Logan's adjusted basis at acquisition date will be the cost of the land and that of the building which is:

Land $100,000

Building 400,000

b. What will be Logan adjusted basis at the end of 2017 :

Land will be: $100,000

Building will be :395,292

($400,000 − $4,708)

Thus the Depreciation is a capital recovery.

4 0
3 years ago
Add my instaa for brainliest<br> sadface.sadlife xD
Papessa [141]

Answer:

i did it

Explanation:

4 0
3 years ago
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