Answer:
Usually, passive loss cannot be taken without passive gain.
but when that passive activity interest has been sold in that year, the loss in that activity can be taken
Explanation:
Answer:
$201,700
Explanation:
The budget production for May is 5000 units.
The total materials required for May will be no. of units multiplied by materials needed for each unit
=5000 x 3
=15000 pounds of materials
Materials required for June
=60% of (4400x 3)
= 60/100 x 13200
=7920 pounds of material
Total materials needed for May
= 15,000+7,920
=22,920 pounds
Purchases required will be
=22,920 - 2,750
=20170
Purchases in dollar value =20170 x $10
=$201,700
The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.
Well organized business writing use short sentences and paragraphs...aren’t always the best, using big sentences and paragraphs often more helpful and successful
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