Answer:
do nothing.
Explanation:
Under the equity method, Johnson's investment in Rockford industries will only vary when Rockford distributes dividends (which reduces the investment amount) or when they earnings or losses. Johnson will recognize 30% f Rockford's earnings as income from is investment, and will also recognize 30% of Rockford's losses as a decrease in its investment (loss). The equity method is not based on stock price.
Answer:
$57,000
Explanation:
Net Income reported = $300,000
W-2 Wages = $120,000
Assets with an adjusted basis = $75,000
Taxable income before QBI deduction = $285,000
Total taxable income from all source deduction(including standard deduction) = $1,200 for singles & $24,000 for married filling jointly
<u>Calculation of QBI deduction for 2020</u>
The maximum possible pass through deduction = 20% * $285,000 = $57,000
Hence, the income is not over $415,000. So he doesnt qualify for the W-2 wages deduction.
Answer:
C. identifying and evaluating opportunities
Explanation:
Following the situation review, the third step in the marketing planning stage includes finding prospects through STP. According to specialists, opportunity evaluation is intended to determine opportunities in the future and to recognize rich assets that the businessman can handle and use.
Answer:
The maturity value of certificate of deposit(CD) would be:
A = P 
wherein, A= Amount
P= Principal
r= rate of interest compounded annually
n= no of years to maturity
(a) two year investment plan:
$6000 (1 + .05) (1 + .05) = $6615
(b) five year investment plan:
= $6000 
= 6000 (1.2763) = $7657
(c) eight year investment plan:
= $6000 
= $6000(1.4774) = $8865 approx.
(d) twenty year investment = $6000 
= $6000 (2.6533) = $15,920 approx
It’s cool and all but have you ever seen two pretty best friends?
