Brenda, a self-employed taxpayer, travels from chicago to barcelona (spain) on business. she is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. her expenses are $1,500 (airfare), $200 per day (meals), and $400 per night (lodging). because brenda stayed with relatives while sightseeing, she only paid for 5 nights of lodging. compute brenda's deductions for the following expenses.

Why should you not sign the tenant landlord agreement quickly and immediately

Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?