subject
Business, 26.07.2019 17:30 blueheeter1461

Stork associates paid $60,000 for a 20-seat skybox at veterans stadium for eight professional football games. regular seats to these games range from $80 to $250 each. at one game, an employee of stork entertained 18 clients. stork furnished food and beverages for the event at a cost of $1,300. the game was preceded by a bona fide business discussion, and all expenses are adequately substantiated. how much may stork deduct as an entertainment expense for this event?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:20
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
question
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
question
Business, 22.06.2019 20:00
Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.
Answers: 3
You know the right answer?
Stork associates paid $60,000 for a 20-seat skybox at veterans stadium for eight professional footba...
Questions
question
Mathematics, 27.03.2020 00:23
Questions on the website: 13722361