Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the month, he travels to New York to discuss acquiring a bakery. Stanford does not acquire the restaurant but does purchase the bakery on November 1, 2017.
Stanford incurred the following expenses:
Total investigation costs related to the restaurant $43,000
Total investigation costs related to the bakery 52,300
If required, round any division to two decimal places and use in subsequent computation. Round your final answer to the nearest dollar.
What is the maximum amount Stanford can deduct in 2017 for investigation expenses?

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?