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Alex_Xolod [135]
3 years ago
7

In order for a taxpayer to be able to deduct the loss on a business activity in which she is an owner, she must demonstrate that

she in the conduct of the business. If she does NOT, the activity is considered to be a passive activity.
a) true
b) false
Business
1 answer:
STatiana [176]3 years ago
7 0

Answer: The correct answer is "a) true".

Explanation: In order for a taxpayer to deduct the loss of a commercial activity of which he is the owner, she must prove that she is materially involved in the conduct and direction of the business, since if she does not prove it, it is considered a passive activity from which she cannot deduct the loss.

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The following information is available for completed Job No. 402: Direct materials, $120000; direct labor, $180000; manufacturin
Korvikt [17]

Answer:

ending inventoryt (inventory at hand)  <u> 102,500</u>

Explanation:

First we calculate the total cost for the Job:

Materials     120,000

Labor           180,000

Overhead  <u>  110,000  </u>

Total cost    410,000

Then we distribute over the units produced to calculate the unit cost:

Units Produced 4,000

total cost 410,000 / units produced 4,000 =<u> 102.5 unit cost</u>

Now we calcualte the value fo the units at hand:

<u>unit at hand refers to ending invnetory</u>

we produce 4,000 we sale 3,000 ending inventory 1,00

ending inventory : 1,000 x 102.5 = 102,500

5 0
3 years ago
___________________ are cost that make customers reluctant to switch to another product or servicce.
pashok25 [27]

Answer:

Switching cost

Explanation:

Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.

Therefore according to the above explanation, the correct answer is Switching cost.

3 0
2 years ago
What focuses on how individual users logically access information to meet their own particular business needs?
Andrew [12]
Logical view focuses on how individual users logically access information to meet their own particular business needs. 
7 0
3 years ago
The windsong automobile manufacturing company produces luxury automobiles made to order. the ownership of the firm recognizes th
notsponge [240]
The core job dimension which describes this work team is TASK IDENTITY.
Task identity refers to the overall extent to which an identifiable job is done from the starting point to the finish point by a single worker. Task identity is an important component of job satisfaction and employers use this technique to increase the satisfaction that the employees derived from their works.
6 0
3 years ago
Other things remaining the same, if the average aggregate inventory value goes down, then?
mixas84 [53]

Other things remain the same if the average aggregate inventory value goes down, then the inventory turnover ratio will go up, but weeks of supply will go down.

An inventory valuation allows a company to provide a monetary value for items that make up its inventory. Inventories are usually the largest current asset of a business, and proper measurement of them is necessary to assure accurate financial statements.

An inventory valuation is a monetary amount associated with the goods in the inventory at the end of an accounting period.

learn more about  inventory value here

brainly.com/question/14168493

#SPJ4

7 0
7 months ago
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