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Alexandra [31]
2 years ago
15

Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her tale

nt agency.
$1,000 dinner and theater with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
Required:
a. What is the total deductible amount of these expenditures?
Business
1 answer:
Marrrta [24]2 years ago
3 0

Answer:

The total deductible amount of these expenditures is $450.

Explanation:

Half of any cost of meals and entertainment to which business discussion is associated and appropriate records kept is allowed to be deducted.

Since it is only tickets to the opera with a client following a business meeting that meet this condition, 50% of the total amount of $900 which is $450 is deductible.

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Greg sold an apartment building he owned for 20 years. He paid $100,000 for it, and made $300,000 worth of improvements. His dep
Marat540 [252]

Answer:

Greg’s capital gain on the apartment = $590,000

Explanation:

Purchase Cost = $100,000

Improvements = $300,000

Total Initial cost = Purchase Cost + Improvements

Total Initial cost = $100,000 + $300,000

Total Initial cost = $400,000

Depreciation for 20 Years = Depreciation per annum * 20

= $2,500 * 20

= $50,000

Net Book value after 20 Years = Initial cost - Depreciation for 20 Years

= $400,000 - $50,000

= $350,000

Capital Gain = Net Sale - Net Book Value

When Net Sale = Sale Price - Commission

= $1,000,000 - $ 60,000

= $940,000

Hence, Capital Gain = Net Sale - Net Book Value

Capital Gain = $940,000 - $350,000

Capital Gain = $590,000

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

Answer:

B

Explanation:

moneys always good motivation

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1 year ago
The newborn's vision is estimated to be _____ on the snellen eye examination chart. 20/20 20/200 20/600 20/1200
Nimfa-mama [501]
Snellen chart is an eye chart that can be used to measure visual acuity by determining the level of visual detail that a person can discriminate. The newborn's vision is estimated to be 20/200 on the Snellen eye examination chart. This means the new born can see at 20 feet what a normal adult can see at 200 feet. 
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In her spare time, Sharon is the chair for a local nonprofit organization. The project committee is attempting to determine what
maxonik [38]

Answer: (D) Competing

Explanation:

 According to the given question, Sharon is one of the chair-person of a local non-profit organization and usually in her free time she selected the various types of ideas, thoughts and then forced her ideas on the other organizational members.

So, on the basis of the given concept she is using the competing approach to conflict as this type of approach is typically used for making quick decisions for the purpose of resolving various types of problems or issue is an organization. This is also known as the conflicting management style.  

Therefore, Option (D) is correct answer.

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In 2010, the general social survey had a question which asked respondents if they were willing to pay higher prices to help the
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Answer: Both ‘8.2%’ and ’14.6%’ are descriptive statistics.

Descriptive statistics summarize and describe the features of the data in a study or survey numerically.

In this question, the information just tells us the percentage of people who had a particular opinion for a given question. Hence these percentages describe the data.


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