User Account

All Pages

What is the total business deduction related to business use

Assignment Help Financial Management
Reference no: EM132318633

Question

Frank purchased a vehicle for business and personal use. In 2018, he used the vehicle 70% for business (11,400 business miles incurred equally throughout the year) and calculated his vehicle expenses using the standard mileage rate.

Frank also paid $1,700 in interest and $500 in county property tax on the car. What is the total business deduction related to business use of the car?

Reference no: EM132318633

Questions Cloud

Need to implement formula for WD CHQ FL and MIS-SELLING : Instructions: Need to implement formula for places in green bases on criteria. Need to have formula for WD, CHQ, FL, MIS-SELLING
Describe the roles and responsibilities of the teacher : Special education teachers are placed in the position of coaching and supervising paraeducators, often with little direction from school administration.
Prepare forecasted contribution margin income statement : Prepare forecasted contribution margin income statement with two columns showing the expected results of plan 1 and plan 2.
Describe how the materials support and enhance the lesson : Design a two-week reading unit for an identified elementary grade level that concentrates on a core book or an author, incorporates appropriate technology.
What is the total business deduction related to business use : Frank also paid $1,700 in interest and $500 in county property tax on the car. What is the total business deduction related to business use of the car?
What amount of fica tax is jane required : On January 3, 2018, Jane employed a part-time household worker in her home. She paid the household worker $490 per month for 2018.
Differentiation of instruction to address the diverse needs : Use the format of one of the "Lesson Plan Templates" as a resource and include the following: Clear, measurable learning objectives that align to early learning
What is the amount of federal income tax withheld : What is the amount of federal income tax withheld on Marla's gross wages for the semimonthly period? Use withholding allowance and percentage method tables.
Define ways educator promote critical thinking with students : What are ways educators can promote critical and reflective thinking with students? How does this strengthen the students' skills and ownership.

Reviews

Write a Review

Financial Management Questions & Answers

  Increase marketing spending

Should Microsoft increase marketing spending? If so, by how much and where should it be allocated. Should online marketing spending and international marketing increase by more than print ads? Justify any additional spending that is recommended.

  What is difference between real asset and financial asset

What are the three major functions of the foreign exchange market? What is the difference between a real asset and a financial asset?

  What is the amount of the cash flow to stockholders

What is the amount of the cash flow to stockholders for the past year if no additional shares were issued?

  How much will abigail have at the end of eight years

How much will Abigail have at the end of eight years when she retires?- With $4,000,000 set aside for her nephew upon her death, how much can Abigail withdraw each month during her retirement?

  What is the coefficient of variation of best buy

What was the average return for Best Buy during this five year period? What is the coefficient of variation of Best Buy?

  Find the year two depreciation

Timco is considering the purchase of a new machine. Find the year two depreciation.

  What steps were taken to overcome cannibalization

Identify two corporations that have dealt with cannibalization and what steps were taken to overcome the cannibalization.

  Constraint on investment project payback requirements

There is no specific time constraint on investment project payback requirements.

  Calculate the projects time zero cash flow

Calculate the project’s Time 0 cash flow, taking into account all side effects.

  Portfolio allocates equal amounts to three stocks

Your portfolio allocates equal amounts to three stocks. All three stocks have the same mean annual return of 12 percent.

  Rubinstein binomial tree to price european call option

Use a two-period Cox-Ross-Rubinstein binomial tree to price a European call option with the following terms:

  Any signalling effects of dividends should occur

Any signalling effects of dividends should occur on the ____________

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