Chelsea, who is self-employed, drove her automobile a total of 20,000 business miles in 2019. This represents about 75% of the auto's use. She has receipts as follows:

Parking (business only) $500
Tolls (business only) 200
Repairs $1,000

Chelsea uses the standard mileage rate method. She can deduct:

A) $11,600 B) $11,425 C) $10,900 D) $12,600

The new york stock exchange is an example of physical or individual

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.