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polet [3.4K]
3 years ago
8

When a taxpayer does not materially participate in the business activities of a trade or business (including rental activities)

in which he is a partial owner, any loss that flows through to the taxpayer is subject to the______loss rules.
Business
1 answer:
Vlad1618 [11]3 years ago
8 0

Answer:

Passive activity

Explanation:

Passive activities are those kind of activities which involve the business or the trade activities in which the person does not participate materially. And when the person participate materially in the activity, the person is involved in the  operations of the company on a continuous, substantial as well as regular basis.

So, in this case, the taxpayer does not participate materially in the activities of the business and the taxpayer is the partial owner, any loss which flows through to the taxpayer will subject to the passive activity rules of loss.

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Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tom [10]

Answer:

$76,260

Explanation:

Calculation to determine the total period cost for the month under variable costing

Using this formula

Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost

Let plug in the formula

Total Period cost = ($14 × 1,760) + $18,180 + $33,440

Total Period cost =$24,640+$18,180 + $33,440

Total Period cost =$76,260

Therefore the total period cost for the month under variable costing is $76,260

8 0
2 years ago
scott is the chief human resource officer (CHRO) of MarkIt Inc.. In performing the tasks of aligning the HR activities with the
Crank

Answer:

leader of the HR function

Explanation:

HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.

It also deals with the issues of the employees that they face in the organization.

In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.  

As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.

5 0
3 years ago
What job did drivers perform on large southern plantations?
Elan Coil [88]
The occupation did drivers perform on vast southern ranches since they managed the work of slaves. On the off chance that slaves did not take after requests, they likewise rebuffed the slaves.

I hope the answer will help you. 
4 0
3 years ago
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Alenkinab [10]
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2 years ago
The rhythmic value of beamed notes is determined by
nikitadnepr [17]

A beam is a flat or diagonal line used to attach multiple consecutive notes (and irregularly rests) to designate rhythmic grouping. The rhythmic value can be determined through the number of notes. One beam is 8th note, 2 is 16th, 3 is 32nd, etc. in other words, the first beam touching the stem.

7 0
3 years ago
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