Answer:
federal loans are provided by the government and private loans are provided by banks, credit unions, and other financial institutions.
Explanation:
Answer:
From 2018, there is a threshold limit of $250,000 defined by IRS for single:
(a) Tim has an excess business loss:
= Business loss - Threshold
= $350,000 - $250,000
= $100,000
(b) Tim may use $250,000 of the $350,000 LLC business loss to offset non business income.
The excess business loss is treated as the portion of the Tim's NOL carry forward.
Excess business loss of $100,000 will be treated as the NOL carryforward to subsequent years.
The allowance for doubtful accounts has a normal credit account.
This account is a contra-asset account. Since assets have a normal debit balance, this account would have a normal credit balance.
Answer:
b
Explanation:
describe the elements of a strategic marketing plan
Answer:
disruptive innovation.
Explanation:
A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.
Digital photography replacing film photography would be an example of a disruptive innovation.
