Transportation expense to and from the university

Assignment Help Financial Management

Reference no: EM13805782

Evan is employed as an assistant manager in the furniture division of a national chain of department stores. He is a recent college graduate with a degree in marketing. During 2011, he enrolls in the evening MBA program of a local university and incurs the following expenses: tuition, $4,300; books and computer supplies, $900; transportation expense to and from the university, $350; and meals while on campus, $300. Evan is single and his annual AGI is less than $65,000. Regarding these expenses, what are Evan's:

I. Deductions for AGI?

II. Deductions from AGI?

Reference no: EM13805782

Questions Cloud

What should the price per share be : Preferred stock has a dividend of $12 a year. The required return is 6%. what should the price per share be?

Syntax for structures in c : How is the syntax for a class in C++ similar to the syntax for structures in C? Use this syntax to create your own programmer-defined class

What is the degree of operating leverage : At an output level of 50,000 units, you calculate that the degree of operating leverage is 3.50. Suppose fixed costs are $290,000. What is the operating cash flow at 44,000 units? What is the degree of operating leverage?

Develop the flow diagram of the information : Develop the flow diagram of the information and any control elements needed to ensure proper access for the information. A diagram of the information flow and any elements controlling proper access to the information it uses

Transportation expense to and from the university : Evan is employed as an assistant manager in the furniture division of a national chain of department stores. He is a recent college graduate with a degree in marketing. During 2011, he enrolls in the evening MBA program of a local university and incu..

Critically analyse the key strategic issues : Identify a potential target market for BNP Paribas' retail banking'sfuture international expansion strategy. (This means that you must notchoose a market already served by BNP Paribas' retail banking; doing so will result in failing this assignmen..

Topic of the expected-value decision rule : Conduct an Internet and literature search on the topic of the expected-value decision rule. Discuss your findings. In your discussion, review how the expected-value decision rule played a part in a recent decision you made.

Write an essay about slavery and civil war : Write an essay about Slavery and Civil War.

Describe how you will monitor and control the plan : Describe how you will monitor and control the plan. Create a project plan for moving the data center, considering the budget and time constraints

User Account

All Pages