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1. Camila purchased the following items for her customers: ten gift baskets at $28 per basket, 500 pens with her name on them for $135, and two football tickets with a face value of $58 each. Camila did not attend the football game, but instead gave the two football tickets to two clients. Camila is electing to deduct the two football tickets as business gifts. What is the total of the deductible expenses?
1) $325 2) $400 3) $435 4) $531.
2. Mia works as a sales representative and travels frequently. Her unreimbursed travel expenses for the year include $3,700 for airfare, $4,350 for lodging, $250 for dry cleaning while away from home, $350 for taxis, and $300 for entrance fees to museums she decided to visit while traveling. What are her deductible travel expenses?
1)8,050 2) 8,400 3) 8,650 4) 8,950
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An analysis that breaks the NPV calculation into its component assumptions and shows how the NPV varies as one of underlying assumptions is changed is called
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Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $13,200 balance from your current credit card, which charges an annual rate of 21 percent, to ..
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