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Murljashka [212]
4 years ago
5

Kaiwan, Inc., a calendar year S corporation, is partly owned by Sharrod, whose beginning stock basis is $140,000. During the yea

r, Sharrod's share of a Kaiwan long-term capital gain (LTCG) is $21,000, and his share of an ordinary loss is $84,700. Sharrod then receives a $84,000 cash distribution.
Business
1 answer:
REY [17]4 years ago
5 0

Answer:

Sharrod's deductible loss  = stock basis + long term capital gains - cash distribution = $140,000 + $21,000 - $84,000 = $77,000

Sharrod's suspended loss  = share of ordinary loss - deductible loss = $84,700 - $77,000 = $7,700

Sharrod's new basis in Kaiwan stock  = $0

Explanation:

Sharrod's loss cannot be greater than his basis, that is why only $77,000 can be deducted and $7,700 can be carried forward.

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Complete the statements and then calculate the change in consumption. The consumption function shows the relationship between co
White raven [17]

Answer:

Disposible income.

Marginal propensity to consume.

Disposible income, marginal propensity to consume.

The consumption will increase by  $800

Explanation:

The consumption function shows the relationship between consumption spending and disposible income.

The slope of the consumption function is the marginal propensity to consume.

Changes in consumption can be predicted by multiplying the change in disposible income by the marginal propensity to consume.

Given:  MPC = 0.80

           Disposible income increases by $1,000

consumption increase =  0.80*$1000

                                     = $800

Therefore, The consumption will increase by  $800.

7 0
3 years ago
Blank addresses change depending on the cells you
Scorpion4ik [409]

Answer:

absolute addresses change depending on the cells you copy them to.

relative addresses do not change if you copy them to a different cell.

Explanation:

A cell reference is a single cell or range of cells on a Excel worksheet. When calculations are done, these cells can be referred to. The cells are referred to using their row value and column value.

Relative references (or addresses) changes based on the position of rows and columns when a formula is copied to a different cell.

Absolute references (or addresses) do not change (remain constant) even if the formula is copied to a different cell.

5 0
3 years ago
Bezos invited everyone to sell their items on Amazon.
Phoenix [80]

Answer:why

Explanation:

Why

8 0
3 years ago
Suppose that in 1984 the total output in a single good economy was 12,000 buckets of chicken. Also assume that in 1984 each buck
xxMikexx [17]

Answer:

The GDP price index for 1984 using 2005 as the base year was 80%

Explanation:

The GDP price index:

X/100 = $16/$20

X = 80%

Therefore, The GDP price index for 1984 using 2005 as the base year was 80%

6 0
3 years ago
major babineaux hired green acres, a local landscape firm, to plant trees and shrubs in his front yard. the landscape is beautif
Galina-37 [17]

Major's best course of action at this time would be to contact the Better Business Bureau.

<h3>What is money-back guarantees?</h3>
  • A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that a buyer will receive a refund if he or she is dissatisfied with a product or service.
  • Money-back guarantees are not required by law in the United States. A seller, on the other hand, may advertise a money-back guarantee only if they offer a full refund of the purchaser's money and clearly state all requirements and limitations that apply.
  • Perhaps the most significant benefit of providing a money-back guarantee is that it lowers the barrier to purchase by instilling trust in the customer.
  • By putting customer satisfaction first, it can convert more sales in the long run. Costco is one company that has a successful and transparent money-back guarantee policy.

To learn more about money-back guarantees, refer to:

brainly.com/question/22596158

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6 0
1 year ago
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