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Author Question: Desi Corporation incurs $5,000 in travel, market surveys, and legal expenses to investigate the ... (Read 82 times)

kodithompson

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Desi Corporation incurs $5,000 in travel, market surveys, and legal expenses to investigate the feasibility of opening a new coffee house in one of the new suburban malls in town. Desi already owns a similar coffee house across town.
a. What is the proper tax treatment of these expenses if Desi decides not to open the new coffee house?
b. What is the proper tax treatment of these expenses if Desi decides to open the new coffee house?
c. Assume that Desi Corp is currently in the cleaning services business and incurs the noted expenses. because it is considering opening a coffee house.  Reconsider your responses to parts a and b.


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Marked as best answer by kodithompson on Sep 13, 2020

smrtceo

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kodithompson

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


ryansturges

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Reply 3 on: Yesterday
:D TYSM

 

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