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maks197457 [2]
3 years ago
9

Donald (a married taxpayer filing jointly) owns a wide variety of commercial rental properties held in a single-member LLC. Dona

ld's LLC reports rental income of $1,500,000. The LLC pays no W–2 wages; rather, it pays a management fee to an S corporation that Donald controls. The management company pays W–2 wages but reports no income (or loss). Donald's total unadjusted basis of the commercial rental property is $10,000,000. Donald's taxable income before the QBI deduction (and his modified taxable income) is $2,000,000. What is Donald's QBI deduction for 2019?
Business
1 answer:
adell [148]3 years ago
6 0
Today I got this right ccccccccccc is Right
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The purchasing agent of the Clampett Company ordered materials of lower quality in an effort to economize on price and in respon
gizmo_the_mogwai [7]

Answer:

The correct answer is: Materials Price Variance: Production Manager

Materials Quantity Variance: Purchasing Agent

Explanation:

The production manager had to buy the materials that are commonly used, as this is an item of great importance in the process of converting the materials, since otherwise there is a risk of becoming waste due to their quality. In the case of the variation presented, each manager or person in charge of the area must supervise that the measurements are well calculated, and that the aspects related to the direct process must be effectively ensured for the good of the operation.

7 0
3 years ago
The performer who sits in a chair and burns for “what seems like an eternity” surely feels anxiety and even fear, but then must
Archy [21]

Answer:

B. emotion regulation

Explanation:

Emotion regulation refers to an ability to delay a natural response in order to show an adjusted response that is intended to create a certain perception.

This can be seen in the example above.

The natural response for the person who sit in the chair and burnt would most likely to be panicked and anxious.  But these performers understand that the audiences will find the performance off putting if they do that, so they use their emotion regulation to create a perception that they're calm and unaffected.

6 0
3 years ago
>Leland pays premiums of $5,000 for an insurance policy in the face amount of $25,000 upon the life of Caleb and subsequently
Ymorist [56]

Answer:

He can include $16,000 in his gross income.

Explanation:

As the life insurance policy was transferred for some valuable consideration so the amount of valuable consideration will be deducted from the insurance proceeds.

Also premium paid by the transferee will be deducted from proceeds.

Now as the transferee received $25,000 from insuarance company.

So Tylor can include $25,000 less $7,500 less $1,500 in his gross income.

He can include $16,000 in his gross income.

6 0
3 years ago
On December 31, 2020, the Bennett Company had 100,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
matrenka [14]

Answer:

$5.31

Explanation:

Earnings per share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding

<em>where,</em>

<u>Earnings Attributable to Holders of Common Stock is :</u>

Net Income                                                                       $650,000

Less Preference Stock dividend                                       ($71,000)

Earnings Attributable to Holders of Common Stock      $579,000

<em>and</em>

<u>Weighted Average Number of Common Stocks Outstanding :</u>

Common Stocks at Beginning outstanding                                  100,000

Stocks Sold at Weighted Average (18,000 / 2)                                9,000

Weighted Average Number of Common Stocks Outstanding    109,000

therefore,

Earnings per share = $579,000 ÷  109,000

                                = $5.31

The 2021 basic earnings per share is $5.31.

4 0
2 years ago
Teller's checks and personal checks are classified as
Veseljchak [2.6K]
The awnser to the question is A Drafts
6 0
2 years ago
Read 2 more answers
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