Business, 21.12.2019 03:31, kimloveswim
Brooke owns a sole proprietorship in which she works as a management consultant. she maintains an office in her home where she meets with clients, prepares bills, and performs other work-related tasks. the home office is 300 square feet and the entire house is 4,500 square feet. brooke incurred the following home-related expenses during the year. unless indicated otherwise, assume brooke uses the actual expense method to compute home office expenses.
real property taxes $ 3,600
interest on home mortgage 14,000
operating expenses of home 5,000
depreciation 12,000
repairs to home theater room 1,000
assume brook's consulting business generated $50,000 in gross income for the current year.
a. what is the brooke's home office deduction for the current year?
b. what is brooke's agi for the year?
Answers: 1
Business, 22.06.2019 07:00, ladybugys
Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805
Answers: 1
Business, 22.06.2019 13:30, drippyc334
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
Brooke owns a sole proprietorship in which she works as a management consultant. she maintains an of...
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