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pogonyaev
2 years ago
3

Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 2

3rd of the current year, what is the total amount she may deduct with respect to the start-up costs for her initial year, rounded to the nearest whole number?
A. $2,555B. $3,544C. $5,522.D. $52,000E. None of these
Business
1 answer:
Sonja [21]2 years ago
4 0

Answer:

B. $3,544

Explanation:

$5,000 of startup expenses can be expensed immediately. if startup cost incurred more than 50,000 then the immediate expensing is $5,000 - ($52,000 - $50,000) = $3,000. plus amortaization of (52,000 - $3,000)/180 * 2months = $544.

total expense she may deduct = $3,000 + $544 = $3,544

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You are a business owner of a firm that services trucks. A customer would like to rent a truck from you for one week, while you
solong [7]

Explanation:Given data:

Yearly lease from the company = $300/weekly +$.50 for every driven mile.

Annual insurance = $50/weekly.

Customer offer = $600 for a week ( 100 gallons of fuel in the truck inclusive).

Customer pays and additional $.50 for mile driven above 500.

Solution:

Cost of fuel in the truck

= 100 * $3.25

= $325.

Insurance cost = $50.

Total cost = $375.

Customer offer – total cost

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= $225.

1.The proposal should be accepted because even after deductions of the cost of running the truck, you are still left with $225 which doesn’t include the cost the customer would incite for driving above 500 miles.

2.No, as that would only have a little effect on the cost of running the truck. So my answer would still be same.

4 0
2 years ago
27. Person X pushes twice as hard against a stationary brick wall as person Y. Which one of the following statements is correct?
lbvjy [14]

Answer:B Both do positive work, but person X does twice as old as person Y

Explanation:

It means X has put in double the efforts of Y. That for every one efforts of Y, X does two and for every two he does four etc

8 0
2 years ago
Suppose Maria prefers to buy a bond with a​ 7% expected return and​ 2% standard deviation of its expected​ return, while Jennife
zepelin [54]

Answer: The correct answer is "A.Maria is less​ risk-averse than Jennifer because Maria is choosing a bond with higher standard deviation.".

Explanation: We can measure the risk according to the standard deviation of its expected return, therefore: Maria is less risk averse because she is willing to take more risk in order to obtain a higher return and Jennifer instead prefers to sacrifice performance in order to be less exposed to risk.

7 0
2 years ago
They could increase Marco's motivation by:
AleksandrR [38]

Answer:

B

Explanation:

moneys always good motivation

4 0
1 year ago
The Baldwin company will continue to train their existing workforce at their current level to help reduce turnover and improve p
Anarel [89]

Answer: $1,600

Explanation:

The training hours per employee can be calculated by multiplying the Employee Training hours by the cost of training per employee.

From the Attached document, the Baldwin company does 80 hours of training for employees.

The Training costs per Employee is;

= 80 * 20

= $1,600

6 0
2 years ago
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