Andrew, who operates a laundry business, incurred the following expenses during the year. ∙ parking ticket of $250 for one of his delivery vans that parked illegally. ∙ parking ticket of $75 when he parked illegally while attending a rock concert in tulsa. ∙ dui ticket of $500 while returning from the rock concert. ∙ attorney's fee of $600 associated with the dui ticket. what amount can andrew deduct for these expenses? a.$1,425. b.$600. c.$0. d.$250.

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

How many months does the federal budget usually take to prepare

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.