Maybe use a Calculator and multiple the two number?
Answer:
1
Step-by-step explanation:
bcuz it is so small,there is only space for one
Answer: The correct answer is : False
Step-by-step explanation: Jack's year-end risk amount is:
10% loss : $ 60,000 x 10% = $ 6,000
$ 42,000 - $ 6,000 = $ 36,000, this is the value of Jack's year-end risk amount
The amount a taxpayer has at risk is increased by the taxpayer's share of additional recourse debt and decreased by the share of losses from the activity. The at-risk amount is not affected by nonrecourse debt.
