The implications of this business loss is that $162,000 will be treated as the NOL carryforward to subsequent years.
<h3>What is the threshold limit of single in 2021?</h3>
From 2021 IRS, there is a threshold limit of $200,000 as defined by IRS for single.
Tim has an excess business loss = Business loss - Threshold
= $362,000 - $200,000
= $162,000
Tim may use $200,000 of the $362,000 LLC business loss to offset non business income.
Since the excess business loss is treated as the portion of the Tim's NOL carry forward, then, the excess business loss of $162,000 will be treated as the NOL carryforward to subsequent years.
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Answer:
3. Foreign Direct Investment
Explanation:
Based on the information provided within the question in regards to the situation at hand, it seems that the theme park company is using a global marketing strategy called Foreign Direct Investment. This term refers to when a foreign company decides to invest in a controlling ownership of a business in another country. Just like what is going on with the theme park company wanting to buy land in Frollik in order to build an entertainment park.
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Answer:
Yank appreciates in relation to Sock
Explanation:
A contractionary monetary policy either results in increased interest rates in New Yorkland or reduced money supply or both.
Increased interest rated would mean that people would save more to take advantage of an increased saving rate. This would cause people to save money and thus reduce the supply of money. The law of demand and supply suggests that lesser supply would up the price that is it would appreciate. This is also true as people in Bostonia may also want to save in New Yorkland thus reducing the supply further as they demand more Yank.
Reducing the money supply any other way would mean as both countries are trade partners there will be demand for Yank but as supply is constricted, it would again appreciate.
Hope that helps.
E. CHARGES A HIGHER PRICE FOR ITS PRODUCT
Because of less substitution available and barriers to entry.
Answer:
An asset-backed security is a security whose income payments and hence value are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually.
Explanation:
