subject
Business, 20.12.2019 01:31 Masonb5993

Melissa recently paid $610 for round-trip airfare to san francisco to attend a business conference for three days. melissa also paid the following expenses: $385 fee to register for the conference, $335 per night for three night's lodging, $300 for meals and $175 for cab fare.
a. what amount of the travel costs can melissa deduct as business expenses? (round your answer to the nearest dollar amount.)
b. suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do sightseeing, she paid $1,660 for transportation, $910 for lodging, and $375 for meals during this part of her trip, which she considers personal in nature. what amount of the travel costs can melissa deduct as business expenses? (round your answer to the nearest dollar amount.)
c. suppose that melissa made a trip to san francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at the time. what amount of the airfare can melissa deduct as a business expense? (round your answer to the nearest dollar amount.)
d. suppose that melissa's permanent residence and business was located in san francisco. she attended the conference in san francisco and paid $385 for the registration fee. she drove 75 miles over the course of three days and paid $170 for parking at the conference hotel. in addition, she spent $475 for breakfast and dinner over the three days of the conference. she bought breakfast on the way to the conference hotel and she bought dinner on her way home each night from the conference. what amount of the travel costs can melissa deduct as business expense? (round your final answer to the nearest whole dollar amount.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:10
The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?
Answers: 2
question
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
You know the right answer?
Melissa recently paid $610 for round-trip airfare to san francisco to attend a business conference f...
Questions
question
Mathematics, 17.03.2021 23:50
question
Computers and Technology, 17.03.2021 23:50
question
English, 17.03.2021 23:50
question
Social Studies, 17.03.2021 23:50