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2 years ago

10

Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible

loss is

1 answer:

Sedbober [7]2 years ago

8 0

Answer and Explanation:

Her deductible loss is $27,000.

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Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if

WINSTONCH [101]

<span>The opportunity cost of reading is watching TV.
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Opportunity cost alludes to an advantage that a person could have gotten, yet offered up, to make another course of move. Expressed in an unexpected way, an opportunity cost that shows an alternative given up when a choice is made. This cost is, accordingly, most significant for two totally unrelated occasions.

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3 years ago

George works in an office where smoking is allowed. George develops lung cancer and sues his company, Lennie L.L.C., for hazardo

IRINA_888 [86]

I believe the answer is: Civil court

Civil court is the place where the justice department handle all cases that does not involve the infringement of the criminal laws.
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3 years ago

Read 2 more answers

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin

saveliy_v [14]

Answer:

The selling price for Job A is $75,978.00

Explanation:

Molding Finishing Totals

Machine hours 4000 1000 5000

Fixed mnf. overheads 19600 2400 22000

Variable manufacturing

Overheads per machine hours 1.1 2.1

<u> JOB A</u> <u>JOB B</u>

Direct materials 13,600 7500

Direct labour costs 20,700 7400

Molding machines 2700*1.1= 2,970

Finishing 400*2.1= 840

Fixed mnf: molding 19600*4000/5000= 15,680

Fixed mnf: finishing 2400*1000/5000= <u> 480 </u>

Total cost (sum of all the above) $54,270

Mark up = 40%

Mark up=gross profit (GP)*100/cost

40%= GP*100/54270

40*54270/100= GP

GP= 21,708

Sales= cost + GP

Sales= 21,708+54,270

Sales= $75,978.00

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3 years ago

About _____ percent of adults over age 90 have lost all functional vision.

Sindrei [870]

7%........................

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3 years ago

Repurchase by the company of its own common stock $ 41,000 Sale of long-term investment $ 60,000 Interest paid to lenders $ 15,5

EleoNora [17]

Answer:

The net cash provided by investing activities on the statement of cash flows will be $106,000

Explanation:

Investing activities include all the cash transactions incurred for the fixed asset of the company.

The net cash provided by (used in) investing activities can be calculated as follows

Net cash provided by (used in) investing activities = Sale of long-term investment + Collection by McCorey of a loan made to another company

Where

Sale of long-term investment = $60,000 ( Cash inflow )

Collection by McCorey of a loan made to another company = $46,000 ( Cash Inflow )

Placing values in the fomrula

Net cash provided by investing activities = $60,000 + $46,000 = $106,000

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3 years ago