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),

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted

Sean lives in dallas and runs a business that sells boats. in an average year, he receives $722,000 from selling boats. of this sales revenue, he must pay the manufacturer a wholesale cost of $422,000; he also pays wages and utility bills totaling $268,000. he owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if sean does not operate this boat business, he can work as a paralegal, receive an annual salary of $21,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. no other costs are incurred in running this boat business.identify each of sean's costs in the following table as either an implicit cost or an explicit cost of selling boats.implicit costexplicit costthe wages and utility bills that sean pays the rental income sean could receive if he chose to rent out his showroom the salary sean could earn if he worked as a paralegal the wholesale cost for the boats that sean pays the