Jones, inc., a calendar-year taxpayer, is in the air conditioner repair business. the business uses the cash method. in december of the current year, jones charged $100 of supplies at refrigeration, inc., (he will pay the credit card bill in january) and also purchased $600 of supplies at xyz on open account (he will make a payment on the open account in january). what is the amount that is deductible by jones, inc., in the current year? a) $100b) $600c) $700d) the amounts must be capitalized and charged to expense as used.

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.