Business, 09.12.2019 18:31 2021ehays

Ahmed zinna (16 southside drive, charlotte, nc 28204), one of your clients, owns two retail establishments in downtowncharlotte and has come to you seeking advice concerning the tax consequences of complying with the americans withdisabilities act. he understands that he needs to install various features at his stores (e. g,, ramps, doorways, and restroomsthat are handicap-accessible) to make them more accessible to disabled individuals, he asks whether any tax credits willbe available to offset the cost of tire necessary changes. he estimates the cost of the planned changes to his facilitiesas follows./location mime! can/calvln street $12900stowe avenue 3: 50"_/’he reminds you that the calvin street store was constructed in 2004, while the stowe avenue store is in a building thatwas constructed in 1947. ahmed operates his business as a sole proprietorship and has approximately eight employees ateach location, write a letter to ahmed in which you summarize your conclusions concerning the tax consequences of hisproposed capital improvements.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:30

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Answers: 1

Answer

Business, 22.06.2019 03:30

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Answers: 2

Answer

Business, 22.06.2019 11:20

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Answers: 3

Answer

Business, 22.06.2019 16:40

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.

Answers: 1

Answer

You know the right answer?

Ahmed zinna (16 southside drive, charlotte, nc 28204), one of your clients, owns two retail establis...

Questions