1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
3 years ago
9

In 2018, Tracy generates a $10,000 loss from an otherwise qualified business activity. Fortunately, she also works as an employe

e and has taxable income of $40,000. Tracy's 2018 QBI deduction is
Business
1 answer:
Lelechka [254]3 years ago
7 0

Answer:

$0

Explanation:

Data provided in the question

Generate loss from an otherwise qualified business activity is $10,000

And, the taxable income is $40,000

Since as we can see that there is a loss in qualified business activity so the QBI deduction is zero as it is calculated only on case of profit

And, the taxable income represents the fixed income not the business income so it would not be considered

You might be interested in
Miguel Alvarez in the accounting department at Baumer Company has provided the following information:
Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0
2 years ago
____________ is a completely inadequate mechanism ____________________ in a modern advanced economy. Question 21 options: Curren
choli [55]

Answer:

Barter; for trying to coordinate trades

Explanation:

The barter is the system where the goods or services are exchanged with another goods or services. Here no money involvement is there

Only goods or services are exchanged with the different good or services

So it is a complete non-adequate mechanism and it should be tried for coordinating the trades

Therefore the above option should be considered

3 0
2 years ago
List one method for accepting a job offer and one method for rejecting a job offer.
Daniel [21]
Accepting there papers.
8 0
3 years ago
Read 2 more answers
A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Lapatulllka [165]

The initial outlay for the project after depreciation is loss of $26,700.

<h3>What is  depreciation?</h3>

Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.

Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.

Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.

To know more about  depreciation follow the link:

brainly.com/question/1203926

#SPJ4

8 0
1 year ago
social media data may be considered a form of secondary data, since it is information that does not originate as a result of a m
svet-max [94.6K]

social media data may be considered a form of secondary data.

<h3>Why can we consider social media data a form of secondary data?</h3>

There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.

For instance, is it widely known or is it really private?

The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.

To learn more about secondary data from given link

brainly.com/question/18118203

#SPJ4

7 0
2 years ago
Other questions:
  • Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The l
    6·1 answer
  • NEED HELP ASAP!!!!!! 8 POINTS!!!!Explain five guidelines to follow when shopping from home.
    8·2 answers
  • When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an
    7·1 answer
  • Publix, a southeastern grocery store chain, has signs saying that tips are not accepted and employees are all informed of this p
    11·1 answer
  • The arrival of personal computer technology gave rise to client server networks that replaced traditional mainframe and minicomp
    7·1 answer
  • Describe a problem you face in your everyday life or at work. How might you use hypothesis testing to find a solution or improve
    9·1 answer
  • When gathering marketing intelligence, companies often use the U.S. census, which provides an in-depth look at the population sw
    5·1 answer
  • A. Define the term cliché of this sentence
    10·1 answer
  • The penalty for illegally using copyrighted work depends on the nature of the copyright infringement. How will the offender pay
    8·1 answer
  • When was the first convention center built?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!