Blaze operates a restaurant in cleveland. he travels to columbus to investi- gate acquiring a business. he incurs expenses as follows: $1,500 for travel, $2,000 for legal advice, and $3,500 for a market analysis. based on the different tax consequences listed below, describe the circumstances that were involved in blaze’s investigation of the business. a. blaze deducts the $7,000 of expenses. b. blaze cannot deduct any of the $7,000 of expenses. c. blaze deducts $5,000 of the expenses and amortizes the $2,000 balance over a period of 180 months.

At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.