Sweetstay inc. is a hospitality corporation that runs three chains of hotels in the united states. recently, in the face of sinking market share, sweetstay reduced its dependence on the u. s. market by opening resorts in asia. this is an example of

Herman is covered by a cafeteria plan by his employer. his adjusted gross income (agi) is $100,000. he paid unreimbursed medical premiums in the amount of $10,500 and he itemizes deductions. what amount will herman be able to deduct for his medical insurance premium expenses?

Goods and services that can be used for the same purpose are and goods and services that are used together are

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%