SweetBriar
10.12.2019 •
Business
Michelle operates a food truck.
indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction in each of the following situations:
a) michelle moves her food truck between various locations on a daily rotation.
b) last week, michelle was stopped for speeding.
c) she paid a fine of $235 for speeding, including $190 for legal advice in connection with the ticket.
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Ответ:
Consider the following calculations
Explanation:
EBIT - Interest + Dividend Income ( 1 - 0.7) = EBT
$ 14.000.000 - $ 1.750.000 + $ 1.000.000 * 0.3 = $ 12.550.000
Base taxes for $ 10000000 = $ 3400000
( $ 12550000 - $ 10000000 ) *0.35 = $ 892500
$ 3400000 + $ 892500 = $ 4292500 in total taxes due