subject
Business, 20.11.2019 06:31 Dweath50

Maud, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. on february 1, 2019, she leases an office building to use in her business for $120,000 for an 18-month period. to obtain this favorable lease rate, she pays the $120,000 at the inception of the lease. how much rent expense may maud deduct on her 2019 tax return? round any calculations to two decimal places and round the final answer to the nearest dollar.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:30
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
question
Business, 22.06.2019 22:20
David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)
Answers: 1
question
Business, 22.06.2019 23:00
To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to
Answers: 2
question
Business, 22.06.2019 23:30
What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?
Answers: 1
You know the right answer?
Maud, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. on...
Questions
question
Mathematics, 08.11.2019 03:31
Questions on the website: 13722360