Answer:
The answer is: 4,500 miles
Explanation:
Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.
The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.
Answer:
right to private property and inheritance
Explanation:
The capitalistic system states that individuals are allowed to own their and enjoy their own personal property. In each country laws generally subordinate the right to private property to the well being of society.
The right to inheritance refers to the right that an individual has to decide who will own his/her properties after they pass away. Unless stated otherwise, a person's offsprings are generally entitled to inherit the person's properties.
In this case, Chet is entitled to own his landscaping business (private property) and when he passes away his son, Josh, will inherit it.
<u>Calculation of retained earnings beginning balance:</u>
Retained earning beginning balance can be calculated using the following formula:
Retained earnings ending balance = Retained earning beginning balance + Revenue – Expenses - Dividends
Hence using the given information we can solve the equation as follows:
3,050 = Retained earning beginning balance + 1935 – 1065 - 550
3,050 = Retained earnings beginning balance +320
Retained earnings beginning balance = 3050-320 = $2,730
Hence, Retained earnings beginning balance is <u>$2,730</u>
Answer:
Japan exported much more to the United States during this period than it imported from the United States.
Explanation:
When a country's trade balance is positive, its currency tends to appreciate since foreign buyers want to purchase more domestic goods.
Since Japan has been consistently exporting more goods to the US than what they import from the US, American businesses need to buy more Japanese yens, than the amount of US dollars that Japanese businesses need. Therefore an increase in the demand of Japanese yens will need into a price increase of that currency.
Due to the high crash rates among young drivers, Driver's education or communication campaigns are being implemented in some states to reduce the rate or to solve the critical issue. Special courses for young drivers<span> to make them conscious about their personal tendencies that may affect their behavior towards driving can be helpful.</span>
<span> </span>
