Iris, a calendar year cash basis taxpayer, owns and operates several tv rental outlets in florida and wants to expand to other states. during 2019, she spends $14,000 to investigate tv rental stores in south carolina and $9,000 to investigate tv rental stores in georgia. she acquires the south carolina operations but not the outlets in georgia. as to these expenses, iris should:
select one: a. none of the above. b. expense $9,000 for 2018 and capitalize $14,000.c. expense $23,000 for 2018.d. capitalize $14,000 and not deduct $9,000.e. capitalize $23,000.

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

Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice

Given the following information, formulate an inventory management system. the item is demanded 50 weeks a year. item cost $ 7.00 standard deviation of weekly demand 20 per week order cost $ 218.00 lead time 3 week annual holding cost (%) 27 % of item cost service probability 99 % annual demand 23,500 average demand 470 per week a. determine the order quantity and reorder point. (use excel’s normsinv( ) function to find your z-value and then round that z-value to 2 decimal places. do not round any other intermediate calculations. round your final answers to the nearest whole number.)