How much can rod claim for mileage

Assignment Help Financial Management
Reference no: EM131896502

Rod uses his automobile for both business and personal use and calims the automatic mileage rate for all purposes. During 2017, his mileage was as follows:

Personal 4000

Business 8000

Qualifying moving expense 3500

Medical 3500

Charitable 1500

Qualifying education (MBA program) 800

How much can Rod claim for mileage?

Reference no: EM131896502

Questions Cloud

About government debt : Which is true about government debt? yield and duration are inversely related. coupon and duration are inversely related.
What is best estimate of the stock current market value : Nachman Industries just paid a dividend of $1.32. What is the best estimate of the stock’s current market value?
Calculate an asset standard deviation based : Calculate an asset’s standard deviation based on the following observed sample of returns: -5%, 3%, 8%, 10%, 15%.
What is one share of stock worth today of market rate : What is one share of this stock worth today of the market rate of return on similar securities is 11.5 %?
How much can rod claim for mileage : How much can Rod claim for mileage?
Overcome the shortcomings of the markowitz framework : Name four methods that have been proposed to overcome the shortcomings of the Markowitz framework.
The treasury bill discount : You purchase a six-month (182-day) T-bill with a $10,000 par value for $9,700. The Treasury bill discount is ____ percent.
How much should its shares of common stock sell for today : ALR Corp. has just paid a common stock dividend of $7 per share. How much should its shares of common stock sell for today?
Treasury bill is held to maturity-the annualized yield : An investor, purchases a six-month (182-day) T-bill with a $10,000 par value for $9,700. If the Treasury bill is held to maturity, the annualized yield is ____%

Reviews

Write a Review

Financial Management Questions & Answers

  What is the company pre-tax cost of debt

Waller, Inc., is trying to determine its cost of debt. What is the company's pre-tax cost of debt? what is the after-tax cost of debt?

  What is the default risk premium on corporate bonds

There are questions on Financial Management and Markets. Like What is the default risk premium on corporate bonds?

  Point change of interest rate on bond

A portfolio manager is considering the effect of a 75 basis point change of interest rate on a bond with Par = 1000,

  Some impediments to the success of the transaction

An investor notices that an ounce of gold is priced at $1,318 in London and $1,325 in New York. What action could the investor take to try to profit from the price discrepancy? Which of the six trading activities would this be? What might be some imp..

  Gender discrimination case against wal-mart

A class action lawsuit against Wal-Mart has alleged that women are paid less than men in similar jobs and that they are promoted less frequently than men.

  What is the relationship between diversification and firm

1 how does corporate strategy differ from business strategy?2 how has the practice of corporate strategy evolved over

  Rental cars over four years using the straight-line method

Zoso is a rental car company that is trying to determine whether to add 25 cars to its fleet. The company fully depreciates all its rental cars over four years using the straight-line method. The new cars are expected to generate $150,000 per year in..

  Determine to what extent each item is included in her agi

Marcy Tucker received the following items this year. Determine to what extent each item is included in her AGI. a. A $25,000 cash gift from her parents. b. A $500 cash award from the local Chamber of Commerce for her winning entry in a contest to nam..

  Of the capital budgeting methods

"Of the following capital budgeting methods, which one ignores the time value of money as it fails to take into account the cost of capital?"

  Unlimited liability for the obligations of their business

The liability of those who own a corporation is limited to their investment, while proprietors and general partners have unlimited liability for the obligations of their business. Explain what relevance this has for risk management.

  Regulatory dimensions of derivatives and commodity markets

Evaluate the ethical, legal, and regulatory dimensions of derivatives and commodity markets.- Analyze major ethical dilemmas and decisions characteristic in derivatives and commodity markets.

  Dividend is expected to grow at constant rate

Hart Enterprises is expected to pay a $0.50 per share dividend one quarter from today. The quarterly dividend is expected to grow at a constant rate of 1% per quarter. Suppose you require a effective return of 12% a year. How much are you willing to ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd