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Chris Runs a Business Out of Her Home

Question 48

Multiple Choice

Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home: Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home:   What is Chris' net income from her business and the amount of expenses carried over to the following year,if any?   A)  Option a B)  Option b C)  Option c D)  Option d What is Chris' net income from her business and the amount of expenses carried over to the following year,if any? Chris runs a business out of her home.She uses 500 square feet of her home exclusively for the business.Her home is 2500 square feet in total.Chris had $36,000 of business revenue and $32,000 of business expenses from her home business.The following expenses relate to her home:   What is Chris' net income from her business and the amount of expenses carried over to the following year,if any?   A)  Option a B)  Option b C)  Option c D)  Option d


A) Option a
B) Option b
C) Option c
D) Option d

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