subject
Business, 16.03.2020 20:00 maytce7237

Cassandra owns her own business and drives her van 15,300 miles a year for business and 5,100 miles a year for commuting and personal use. She purchases a new van in 2019 and wants to claim the largest tax deduction possible for business use. Cassandra's total auto expenses for 2019 are as follows: Gas, oil, and maintenance $5,540 Insurance 765 Interest on van loan 1,000 Depreciation 3,095 License 165 Parking fees and tolls (all business) 240 Determine Cassandra's 2019 deduction for business use of the van. Note: The standard mileage rate for 2019 is 58 cents per mile.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
question
Business, 22.06.2019 22:40
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
question
Business, 23.06.2019 01:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 3
You know the right answer?
Cassandra owns her own business and drives her van 15,300 miles a year for business and 5,100 miles...
Questions
question
Mathematics, 15.06.2020 05:57
question
Social Studies, 15.06.2020 05:57
question
Mathematics, 15.06.2020 05:57
Questions on the website: 13722361