User Account

All Pages

What is cindys office in the home deduction based on

Assignment Help Financial Management
Reference no: EM132321818

Question

Cindy maintains an office in her home that comprises 22% (390 square feet) of total floor space. Gross income for her business is $50,150, and her residence expenses are as follows:

Real property taxes $4,668

Interest on mortgage $7,780

Operating expenses $3,890

Depreciation (based on 22% business use) $4,835

If required, round your final answer to the nearest dollar. What is Cindy's office in the home deduction based on:

Reference no: EM132321818

Questions Cloud

Cysteine in the process of sporulation : State the importance of calcium and cysteine in the process of sporulation
Think about as you start to analyze work of literature : One useful feature of formalist criticism is that it gives you a clear list of things to think about as you start to analyze a work of literature.
How much should the company expense for this bonus : On January 1, 2016, a company's new president was awarded a $200,000 bonus that would be paid out in two $100,000 installments in 2018.
Compute her depreciation deductions for year : Antoinette uses the actual cost method. [Assume that no § 179 expensing is claimed and that 200% declining-balance cost recovery with the half-year.
What is cindys office in the home deduction based on : Cindy maintains an office in her home that comprises 22% (390 square feet) of total floor space. Gross income for her business is $50,150.
When and why should participation : When and why should participation be used to improve leadership effectiveness?
Access information using today technology : Atkinson and Longman (2019) posit that we not only access information using today's technology but also contribute to the ever
Why is ethical leadership important : What are the qualities of an ethical leader? Were they present in the leadership of Wells Fargo during the period of misconduct?
Developed to succeed at performing the task : In a multicultural business environment identify a task that you would need to perform, and explain how you would apply the knowledge

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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