Answer:
Ray = $200,000
Chuck = $250,000
Explanation:
<u>Determine how much trade or business loss can each deduct on their tax returns </u>
Total loss of Ray = $16000 + $250000 = $266000
since Ray suffered a loss of $16000 from his sole proprietorship and a loss of $250,000 . the total loss suffered from the partnership will not be deductible because it will lead to excessive business loss for the partnership
For RAY : the partnership loss can be calculated as : $250000 - $16000 =$234000
chuck can deduct $250000 loss on tax returns
this is because the threshold is not exceeded as no other loss is created
Answer:
They probably reduced the price or made a discount
srry if it is not professional hope it helps
Answer and Explanation:
What I would do is to perform as much damage control as I can. Regardless of what I do, I know that we would go over budget with recalling and reprinting the ads, so the best thing to do is to see where we can be able to fix the issue without going that much over the budget. The next thing that I would do is find out where the miscommunication came from and who made the error that caused the issue. Once I have found out, I then would reprimand the employee. This is a big issue that occurs so a written disciplinary action would have to be performed so that the employee knows there seriousness of the mistake. After that is all taken care of I would then hold a meeting with my department about the situation so that everyone can be aware so that they do not repeat the same mistake. This type of situation is where good problem-solving skills come to play. A good decision maker searches concepts, solutions, or ideas that are novel in responding to a situation that has not occurred before. (Wierenga, B., & van Bruggen, G. H. 1997). I will apologize, also take responsibility and explain my actions on rectifying the issue with the CEO. I would assure him that something like that would never happen again and that measures have been taken to ensure that.
Answer:
A. rd of 13%, tax rate of 0%
0.13*(1-0)=0.13
B. rd of 13%, tax rate of 20%
0.13 (1-0.2)= 0.104
C. rd of 13%, tax rate of 35%
0.13*(1-0.35)= 0.0845
Sally needs to deliver customer sales data to multiple departments in real-time by using customizable reports.
<h3>What do you mean by accounting?</h3>
Accounting is a means of collecting, summarizing, analyzing, and reporting business information in monetary terms.
As sally needs to deliver the customer sales data to multiple departments in real-time, customizable reports can be helpful in this case.
A customizable report is a type of report that is created and metrics and dimensions should be added and it will display in the way.
Therefore, OB is the correct option.
Learn more about accounting here:
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