answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ludmilka [50]
2 years ago
15

Jack is a self-employed contractor. He uses his Ford F250 in his business. He does not have another vehicle for personal use. He

wants to
claim the standard mileage rate for the business use of his pick-up. To do so he must keep records of the following, except:
Choose one answer a. Total mileage during the year
b. Cost of insurance for the pick-up.
c. Business mileage during the year
d. Commuting mileage during the year
Business
1 answer:
miskamm [114]2 years ago
5 0
C business mileage during the year to claim the standard mileage rate for the business
You might be interested in
How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto
djverab [1.8K]
The answer to this question is <span>assets decrease; stockholders' equity decreases 

The journal for this transaction would be

Debit:  Rent expense       xxxxx
Credit:         Cash                                xxxx
 
 Since cash is considered an asset, it will decrease asset if it placed on credit.
 Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit     </span>
6 0
2 years ago
Read 2 more answers
Manufacturing overhead was estimated to be $591,600 for the year along with 20,400 direct labor hours. Actual manufacturing over
Volgvan

Answer:

Predetermined manufacturing overhead rate = $29

Explanation:

Given:

Estimated manufacturing overhead = $591,600

Estimated direct labor hours = 20,400

Actual manufacturing overhead = $551,820

Actual direct labor hours = 21,800

Computation of predetermined manufacturing overhead rate:

Predetermined manufacturing overhead rate = Estimated manufacturing overhead / Estimated direct labor hours

Predetermined manufacturing overhead rate = $591,600 / 20,400

Predetermined manufacturing overhead rate = $29

Note: Actual manufacturing overhead and labor hours do not include in the computation of predetermined manufacturing overhead rate.

5 0
2 years ago
CamScan is a manufacturer of printers, scanners, and other office equipment. It announces a cash refund for corporate purchases
Naddik [55]

Answer:

rebate

Explanation:

Rebates are used in marketing as discounts for qualifying customers. Instead of offering a general broad discount to every customer, when companies use rebates they can decide what type of customers will receive them. Even some customers that could qualify for the rebate wouldn't get it, since they need to send a form provided by the company and not everyone will be willing to do it.

5 0
2 years ago
Charice wants to send an email to her manager. She has some concerns about the work a coworker is doing. Charice has noticed tha
finlep [7]
The approaches would be the best way for Charice to communicate this to her manager is Send an email to her manager requesting a meeting to talk in person about her concerns. Mark the importance level as high. Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.

3 0
2 years ago
Read 2 more answers
The present value of a stream of cash flows you expect to received will always increase when: a. the interest rate is greater th
AlekseyPX

Answer:

B) the interest rate is zero and the number of compounding periods decrease.

Explanation:

When you are calculating the present value of a future cash flow if the discount rate (interest rate) is lower, the higher the present value. Also, if the number of periods is shorter, the present value will be higher.

Inversely, a higher discount rate or larger number of periods, the lower the present value.

Since the smallest possible discount rate is 0, then that would maximize the present value, along with shorter periods.

3 0
2 years ago
Other questions:
  • Companies attempted to intimidate union organizers by
    14·2 answers
  • Stephanie is the editor in charge of advertising for the yearbook and newspaper. She thinks that her position is the most import
    10·2 answers
  • PLZ!!! SOMEONE HELP ME Drag each label to the correct location on the table. Match the characteristics with the organizations th
    12·2 answers
  • Barnes Company sells two products, X and Y. For the coming year, Barnes predicts sales of 5,000 units of X and 10,000 units of Y
    11·1 answer
  • When Galaxy Ventures, a real estate company, entered the low-cost housing business, the market was already saturated with other
    12·1 answer
  • Going 'long' (including more periods) on a moving average forecast is usually most appropriate when: 1. Significant fluctuations
    5·1 answer
  • Each year in December, Anheuser-Busch runs television ads featuring the Clydesdale horses pulling a stagecoach with an Anheuser-
    15·1 answer
  • Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 34
    12·1 answer
  • Crystal Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $80 per unit, of which $54 is pro
    11·2 answers
  • The three-component model of creativity proposes that individual creativity essentially requires expertise, creative thinking sk
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!