If the firm maintains a residual distribution policy (with all distributions in the form of dividends) and will keep its optimal capital structure intact, what will be the amount of the dividends it pays out after financing its capital budget? 
January 3, 2018
Calculate Carey’s deduction for the above items for the 2016 tax year
January 3, 2018

The actual cost of gasoline, oil, depreciation, repairs, and insurance for the year was $7,832

Teresa is a civil engineer who uses her automobile for business. Teresa drove her automobile a total of 14,800 miles during 2016, of which 75 percent was business mileage. The actual cost of gasoline, oil, depreciation, repairs, and insurance for the year was $7,832. a. How much is Teresa’s transportation deduction based on the standard mileage method? b. How much is Teresa’s transportation deduction based on the actual cost method? c. Which method should Teresa use to calculate her transportation deduction? View Solution:
Teresa is a civil engineer who uses her automobile for

 

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