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Nesterboy [21]
4 years ago
8

Lee qualified as head of a household for 2019 tax purposes. Lee’s 2019 taxable income was $100,000, exclusive of capital gains

and losses. Lee had a net long-term capital loss of $8,000 in 2019. What amount of this capital loss can Lee offset against 2019 ordinary income?
Business
1 answer:
Vlada [557]4 years ago
3 0

Answer:

$3,000

Explanation:

The IRS allows a head of household or joint filers to deduct from their gross income up to $3,000 as net capital losses in one year. If there exists any remaining amount it should be treated as long-term capital loss carryover for next year's taxes.

In this case Lee will be able to deduct $3,000 this year and the remaining $5,000 will remain as long-term capital loss carryover for 2020.

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Form a correct sentence by unscrambling the following sentence en el espanol hay vocales cinco
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Answer:

En el español hay cinco vocales.

Explanation:

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3 years ago
A lower control limit must by definition be a value less than an upper control limit. True or false
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Answer:

True

Explanation:

  • The lower control limit is a limit of the quality control characteristics that describe the common cause of variations form the natural control process,  that horizontal lines that are drawn in the distance of plus and minus 3.  Found usually in the six sigma model of the quality deviation.
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3 years ago
Why is the control function vital to an organization's success? How can organization's use technology to facilitate the control
dedylja [7]

Answer:

Controls help to better define an organization's objectives so that employees and resources are focused on them. They safeguard against misuse of resources and facilitate corrective measures. Having good records means management will better understand what happened in the past and where change can be effective.

Explanation:

6 0
3 years ago
Divine plc is a pure-honey producing plant. The firm wants to replace its aging processing machine. One option is to purchase a
AleksAgata [21]

Answer:

Project A

Years      Cashflows     Discount factor     Present values

0            250,000                    1                           -250,000

1-10            45,100                   6.144                     277,094.40

Sum of all present value=NPV=27,094.40

IRR (by using trial and error method) = 12.4696%

Note: Discount factor for the year 1-10 is calculated by using annuity formula i.e [1-(1+10%)]/10% = 6.144

Project B

Years Cashflows Discount factor  Present values

0        (350,000)           1                              (350,000)

1           72,500               0.91                   65,975  

2           65,500               0.83                    54,365  

3           73,800                  0.75                    55,350  

4            71,500                  0.68                    48,620  

5           69,800                  0.62                   43,276  

6           75,500             0.56                   42,280  

7           31,000                  0.51                            15,810  

8           47,500                  0.47                           22,325  

9           55,500                  0.42                   23,310  

10           29,200                  0.38                    11,096

Sum of all present values=NPV=32,407

IRR(by using trial and error method=12.4186%

On the basis of NPV project B is better because it gives higher NPV than project A. Whereas, Project A is better than project B on the basis of IRR because project A has slightly higher IRR than project B.

b)The conflict between both the investment appraisal technique is likely due to different cash flow patterns of both the project. In such situation decision should be based on NPV because this is an absolute measure

5 0
4 years ago
Read 2 more answers
A manager who tells a subordinate that he will not recommend her for promotion unless she supports his proposal in an upcoming s
Artemon [7]

A manager who tells a subordinate that he will not recommend her for promotion unless she supports his proposal in an upcoming sales meeting is using Coercion type of political behavior.

<h3>What is Coercion behaviour?</h3>
  • Coercion is the use of threats, especially physical threats, to induce an unwilling action from a party.
  • It entails a series of coercive behaviors that go against an individual's free will in an effort to elicit the desired response.
  • Extortion, blackmail, or even torture and sexual assault are examples of these activities.
  • Coercion occurs when someone is threatened with violence if they refuse to sign a contract.

Elements of Coercive Practices Proof

  • Damaging, endangering, or threatening to harm.
  • Both directly and indirectly.
  • Any party or that party's property.
  • Unfairly sway a party's course of action.

Learn more about coercion here:

brainly.com/question/14292154

#SPJ4

5 0
2 years ago
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