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asambeis [7]
3 years ago
8

Quickbooks Online. IRS guidelines require specific information to substantiate deductible automobile expenses. Which 3 items are

included in the substantiation requirements?
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

Explanation:

IRS guidelines available for automobile

deductible is that if one is using his cat for business purposes, the entire cost of ownership as well as operation can be deducted. But if the car is for business and personal purposes, the cost for the business use can be deducted.

The three items that are are included in the substantiation requirements are;

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

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Sheridan Company has the following inventory data: July 1 Beginning inventory 36 units at $19 $684 7 Purchases 126 units at $20
Alexeev081 [22]

Answer:

$2436

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

total goods sold = (total inventory purchased + beginning inventory) - 60

(36 + 126 + 18) - 60

180 - 60

= 120

the 120 units sold would be taken from the inventory purchased on the 22nd and 7

(18 x 22) + [(120 - 18) x 20]

396 + 2040 = 2436

7 0
3 years ago
In the past year at Carter’s Material Handling Equipment Manufacturing Company, eight employees experienced minor injuries (cuts
larisa86 [58]

Answer:

The performance problem to minor burns will be mainly psychological.

Explanation:

The staff involved will most likely exhibit a reduction in speed at which he or she executed the task which led to the burn.

If the personnel is in a chain of production where their own activity feeds others, it may translate to the increase in the time taken to achieve results.

One solution to this is to critically examine the production process and eliminate the cause of the accident if any.

If the cause of the incident was as a result of carelessness on the part of the staff, then he or she might have to be rescheduled to another department or unit where their current mindset will not stall the overall performance of the team/production line.

Cheers!

3 0
3 years ago
One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line
aev [14]

One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line platform. this is referred to as Sharing Economy.

The sharing economy is an economic model defined as peer-to-peer (P2P)-based activities of obtaining, providing, or sharing access to goods and services, often facilitated through online community-based platforms.

Under capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of a company that employs people to manufacture the products it sells to consumers.

Learn more about Sharing Economy here: brainly.com/question/28050979

#SPJ4

6 0
2 years ago
The simple interest 500,000 amount to 630,000. what is the percentage rate?​
3241004551 [841]
26% Subtract 500,000 from 630,000. Then divide the difference by 500,000.
4 0
4 years ago
Which of the following is an example of price discrimination? a. An online bookstore charges more for overnight shipping than st
Vladimir [108]

Answer:

c) Hotel rates for AAA members are lower than for nonmembers.

Explanation:

In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs

If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.

Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.

8 0
4 years ago
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