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Ryan is self-employed. This year Ryan used his personal auto for several long business trips. Ryan paid $2,050 for gasoline on these trips. His depreciation on the car if he was using it fully for business purposes would be $4,500. During the year, he drove his car a total of 17,500 miles (a combination of business and personal travel).
a. Ryan can provide written documentation of the business purpose for trips totaling 5,250 miles. What business expense amount can Ryan deduct (if any) for these trips?
b. Ryan estimates that he drove approximately 1,915 miles on business trips, but he can only provide written documentation of the business purpose for trips totaling 1,200 miles. What business expense amount can Ryan deduct (if any) for these trips?
What are the uses of the EOQ model? What questionable assumptions are being made by the EOQ model?
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For those Assignments in this course that require you to perform calculations you must: Create an Excel spreadsheet containing the information provided. Template in Word is provided. Show all your work.
Your parents have been left a substantial amount of money and want to invest it in a corporation. They want your recommendation but also want to see the reasoning behind your choice. Make a trend analysis of operating ratios
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What long position in the stock is necessary to hedge a short call option when the strike price is $32? Give the number of shares purchased as a percentage of the number of options that have been sold.
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