subject
Business, 27.02.2020 20:46 fredvales19

Richard operates a hair styling boutique out of his home. The boutique occupies 420 of the home's 1,200 square feet of floor space. Other information is as follows:

Gross income from the boutique $10,000
Supplies for the boutique $ 2,400
Depreciation on total residence $12,000
Utilities for total residence $ 6,000

What amount of income or loss from the boutique should Richard show on his return?

a.$3,500 income
b.$1,300 income
c.$0 income or loss
d.$10,400 loss
e. None of these choices are correct.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:20
Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.
Answers: 3
question
Business, 22.06.2019 10:10
True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity
Answers: 3
question
Business, 22.06.2019 15:00
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
question
Business, 22.06.2019 23:30
Each state’s organizational structure is guided by the federal government.true or false?
Answers: 1
You know the right answer?
Richard operates a hair styling boutique out of his home. The boutique occupies 420 of the home's 1,...
Questions
question
Spanish, 30.01.2020 23:56
question
Mathematics, 30.01.2020 23:56
question
Mathematics, 30.01.2020 23:56
Questions on the website: 13722360