subject
Business, 21.12.2019 00:31 Jake10383

Melissa recently paid $400 for round-trip airfare to san francisco to attend a business conference for three days. melissa also paid the following expenses: $250 fee to register for the conference, $300 per night for three night's lodging, $200 for meals, and $150 for cab fare. a. what amount of the travel costs can melissa deduct as business expenses? b. suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sightseeing, she paid $1,000 for transportation, s800 for lodging, and $450 for meals during this part of her trip, which she considers personal in nature. what amount of the travel costs can melissa deduct as business expenses? c. suppose that melissa made the trip to san francisco primarily to visit the national parks and only attended the business conference as an incidental benefit of being present on the coast at that time. what amount of the airfare can melissa deduct as a business expense? d. suppose that melissa's permanent residence and business was located in san francisco. she attended the conference in san francisco and paid $250 for the registration fee. she drove 100 miles over the course of three days and paid $90 for parking at the conference hotel. in addition, she spent s150 for breakfast and dinner over the three days of the conference. she bought breakfast on the way to the conference hotel and she bought dinner on her way home each night from the conference. what amount of these costs can melissa deduct as business expenses?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
question
Business, 23.06.2019 02:30
What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid
Answers: 1
question
Business, 23.06.2019 18:10
Which one of the following best describes pro forma financial statements? select one: a. financial statements expressed in a foreign currency b. financial statements where the assets are expressed as a percentage of total assets and costs are expressed as a percentage of sales c. financial statements showing projected values for future time periods d. financial statements expressed in real dollars, given a stated base year e. financial statements where all accounts are expressed as a percentage of last year's values
Answers: 3
You know the right answer?
Melissa recently paid $400 for round-trip airfare to san francisco to attend a business conference f...
Questions
question
Mathematics, 04.02.2020 15:52
question
Mathematics, 04.02.2020 15:52
question
Mathematics, 04.02.2020 15:52
Questions on the website: 13722367