Answer:
given statement is false
Explanation:
given data
active income = $210,000
portfolio income = $45,000
passive activity loss = $230,000
deduct passive activity loss = $230,000
solution
as per Topic Passive Activities
we know that Losses and Credits in IRS state here that Loss from passive activity is not allowed for current year
and here this loss will be carry forward to the next taxable year
as a similar rule is applicable to give credits from passive activities
so that given statement is false
Answer:
Option B is your answer ☺️☺️☺️
Answer: time management
explanation: if you are always late then that means you have poor time management skills
hope this helps:)
Answer:
Price elasticity of demand is -1
Explanation:
Price elasticity of demand is defined as the degree of responsiveness of quantity demanded to changes in the price of a product. It is calculated by finding ratio of percentage change in demand to percentage change in price.
Percentage change in demand= (80-100)/100= -20/100
Percentage change in demand= -0.2
Percentage change in price= (12-10)/10
Percentage change in price= 2/10= 0.2
Elasticity= Percetage change in quantity demanded/ percentage change in price
Elasticity= -0.2/0.2= -1
