Construction Accounting And Financial Management (4th Edition)
Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Chapter 13, Problem 10P

Your company spent $5,000 last year on business-related meals and $2,000 on entertainment. Calculate the difference between the cash flow and the deductibility of these expenses for tax purposes.

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