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Step2247 [10]
3 years ago
12

In the current year, Ellen sold investment stock that she had owned for five years. The sale generated a loss of $5,000. Assumin

g she had no other asset sales during the year, how should Ellen handle the loss for the current tax year purposes?
Business
1 answer:
Harrizon [31]3 years ago
6 0

Answer:

Thecoreect answer is

Ellen can deduct $3,000 for AGI

good luck

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Sarah’s Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 90
Nuetrik [128]

Answer:

$1905

Explanation:

Here we will have to calculate Economic Order Quantity to lower the ordering ordering and holding cost as much as we can. So here we will use the following formula to calculate the best number of units that we should order, which is as under:

Economic Order Quantity = SquareRoot (2 * Annual Demand * ordering cost per order / Holding cost per unit per year)

Here

Annual Demand = 900kg of palm oil per day  * 52 weeks *  5 day a week / 7

Annual Demand = 900 * 52 * 5 / 7 = 33,429

And

Ordering cost per order = $57 per order

Annual holding cost per unit per year is 20% of $5.25 per kg which is $1.05.

So by putting values, we have:

Economic Order Quantity = Square Root (2 * 33,429 * 57 / 1.05)

Economic Order Quantity = 1905 kgs

4 0
3 years ago
How many days after missing a student loan payment do your loans go into default?.
Anna35 [415]

Answer:270 day past due

Explanation:

4 0
2 years ago
Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files
Tanya [424]

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

7 0
3 years ago
Joe Fixit has an appliance-repair business. He has more business than he can handle and wants to hire another repair person. Joe
Pavlova-9 [17]

Answer:

The marignal revenue that another worker would bring to Joe under these circumstances is $90.

If joe hires a new worker, the worker can repair 3 appliances per hour, and the mininum charge for appliance-repair is $30 plus parts. The marignal revenue is:

$30 x 3 appliances = $90

Because wages are equal to the marginal product of labor, the maximum amount that Joe would pay to a new person is $90.

3 0
3 years ago
How might firms BEST use marginal analysis to determine price and output when there are additional costs related to hiring a new
wel

Answer:

bruh ok look its A

Explanation:

because this fool just got me wrong

7 0
4 years ago
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