Answer: a. $3520
b. $26480
c. $40000
Explanation:
a. Calculate the tax cost of Kari's partnership earnings this year Tax cost
Ordinary Income = $20000
Less: 199A deduction = 20% × $20000 = $4000
Ordinary Income share = $16000
The tax cost of Kari's partnership earnings this year Tax cost will be:
= 22% × $16000
= 0.22 × $16000
= $3520
b. Compute Kari's after-tax cash flow from her partnership activity this year After-tax cash flow
This will be:
= Cash distribution - Tax cost
= $30000 - $3520
= $26480
c. Compute Kari's tax basis in her partnership interest at the ending of the year. Assume no change in her share of partnership during the year.
Basis at start of year = $50000
Add: Ordinary income = $20000
Adjusted basis = $50000 + $20000 = $70000
Less: Cash distribution = $30000
End of year basis = $40000
When creating a budget you want to remember your income level and what you can afford. If you only make 200$ every week you don't want out budget to be 200$ cause you won't have anything for savings. You also want to keep in mind your wants verses needs. the last thing you want to keep in mind is whatever your buying is it worth spending money on i.e. good quality, last you while, etc.
It is not necessary for all brands to be active on social media but yes, if they are active it helps them and us to communicate with each other better because almost every adult is there on social media. Many brands also use social media for advertising their products. We can also get the information about new launches at the earliest. I think that there are no brands which have less to gain from trying to create an online community. It is really easy to create and use a social media account. It also provides us the facility to order things online directly from company. Many companies provide this service. Social media is awesome but only when used correctly.
Answer: Option (D) is correct.
Explanation:
From the information given in the question, it was observed that fiscal policy in year 2 is expansionary by comparing it with the fiscal policy in year 1.
The budget deficit in year 1 is $200 billion and in year 2 is $225 billion, so there is an increase in the budget deficit from year 1 to year 2. This means that there is an implementation of expansionary policy either by increasing government spending or decreasing taxes.
On the other hand, standardized deficit also increases from year 1 to year 2, which is also an indication of expansionary fiscal policy.
I would say D because you have to go through a lot of schooling for that