During the year, john went from milwaukee to alaska on business. preceding a five-day business meeting, he spent four days vacationing at the beach. excluding the vacation costs, his expenses for the trip are:

air fare $3,200

lodging 900

meals 800

entertainment 600

presuming no reimbursement, deductible expenses are: ?

a. $3,200.

b. $3,900.

c. $4,800.

d. $5,500.

e. none of these.

e. None of these.

Explanation:

John's expenses on the trip;

Air fare = $3,200

Lodging = $900

Meals = $800

Entertainment = $600

Of all the expenses incurred by John, only the expense on entertainment is a non-deductible expense. A such,

Total deductible expense = $3,200  + $900  + $800

                                           = $4,900

Hence, the right option is  e. None of these.

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

is this good enough?

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi