Business, 09.10.2019 02:30 liammarinewoods
Simon lost $5,000 gambling this year on a trip to las vegas. in addition, he paid $2,000 to his broker for managing his $200,000 portfolio, and $1,500 to his accountant for preparing his tax return. in addition, simon incurred $2,500 in transportation costs commuting back and forth from his home to his employer’s office, which were not reimbursed. calculate the amount of these expenses that simon is able to deduct (assuming he itemizes his deductions) in each of the following situations: (a) simon's agi is $40,000. (b) simon’s agi is $200,000.
Answers: 2
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 19:10
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
Business, 22.06.2019 19:40
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
Answers: 3
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
Simon lost $5,000 gambling this year on a trip to las vegas. in addition, he paid $2,000 to his brok...
History, 12.12.2021 03:50
English, 12.12.2021 03:50
Mathematics, 12.12.2021 04:00
Computers and Technology, 12.12.2021 04:00
Chemistry, 12.12.2021 04:00
Mathematics, 12.12.2021 04:00
Mathematics, 12.12.2021 04:00
Mathematics, 12.12.2021 04:00
Mathematics, 12.12.2021 04:00
Mathematics, 12.12.2021 04:00