If I am a single member in an LLC and I wanted to write off a portion of my taxes with a car that I use for work, why is only $5000 the limit for me to write off my car expenses? I know that if it exceeds $5000 it will be capitalized, but what does that mean? And what will happen to the company if that does happen?

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

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.