subject
Business, 29.07.2019 21:10 jennmcd17

On thursday, justin flies from baltimore (his home office) to cadiz (spain). he conducts business on friday and tuesday; vacations on saturday, sunday, and monday (a legal holiday in spain); and returns to baltimore on thursday. justin is scheduled to return home on wednesday, but all flights were canceled due to bad weather. therefore, he spends wednesday watching floor shows at a local casino. days where travel is attempted/cancelled is counted as a travel day under tax law. justin is self-employed. a. for tax purposes, what portion of justin’s trip is regarded as being for business? b. suppose monday was not a legal holiday. would this change your answer about what percentage of justin's trip would be regarded as business? c. under either part (a) or (b), how much of justin's airfare qualifies as a deductible business expense? under part (a), . under part (b),

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:30
Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?
Answers: 1
question
Business, 22.06.2019 10:10
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
question
Business, 22.06.2019 23:20
Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's
Answers: 1
You know the right answer?
On thursday, justin flies from baltimore (his home office) to cadiz (spain). he conducts business on...
Questions
question
Chemistry, 26.01.2020 04:31
question
Mathematics, 26.01.2020 05:31
question
Social Studies, 26.01.2020 05:31
question
History, 26.01.2020 05:31
question
Mathematics, 26.01.2020 05:31