Answer:
Displacement
Explanation:
took the test!
Answer:
Plane and taxi expenses - $1,943
Lodging and incidental expenses - $3,360
Meals expenses - $720
Explanation:
Certain business expenses are fully deductible limited to the amount used for business purpose. Some such expenses are travel expenses (air or roadways), lodging and other commutation charges. Expenses on meals are 50 percent deductible.
Chastin spends 4 days vacationing. So expenses incurred during that time are not deductible under business expenses.
He was conducting business for 8 days. Proportional amount of plane and taxi expenses will be deductible under business expenses as calculated below:
Plane and taxi expenses (Proportion for business) = 8 / 12 = 0.67
12 are total number of days for which expenses were incurred and 8 out of 12 days were for business purpose.
Deductible Plane and taxi expenses = 0.67 × 2,900 = $1,943
Lodging and incidental expenses = $420/day
Deductible lodging and incidental expenses = 420 × 8 = $3,360
Meals expenses = $180/day
Deductible meal expenses = 180 × 8 × 0.5
= $720
Only 50% of meals expenses are deductible under business expenses.
B.GDP measures how happy people are in a country, while GNI measures how happy they are internationally.
C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders.
D.GDP measures the money that a country makes in its own land, while GNI measures the money it makes in other countries and at home.
Answer:
The correct answer is option D.
Explanation:
Gross domestic product measures the value of final goods and services produced within the borders of an economy in a given period. It includes consumption expenditure, investment expenditure, government expenditure, and net exports.
While the gross national income measures the value of final goods and services produced within the borders of an economy in a given period and the net factor income from abroad.
b. as soon as he or she is past due on one or two bills.
c. only if he or she is a business owner.
d. if the debtor is not a municipality.
Answer: $49,000
Explanation: Net operating income is the income that a company left with after paying for fixed and variable expenses. It is sometimes denoted as EBIT, earnings before interest and tax.
EBIT = Sales - ( fixed expense + variable expenses )
sales = 5,000 * $25 = $125,000
variable expense = 5,000 *( $10 + $2 ) = $60,000
fixed expenses = $2000 + $12000 + $2000 = $16,000
so,
EBIT = $125,000 - ( $16,000 + $60,000 )
= $49,000
Answer:
B: financial aid
Explanation:
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