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julia-pushkina [17]
3 years ago
6

Charlotte is a partner in, and sales manager for, CD Partners, a domestic business that is not a "specified services" business.

During the tax year, she receives guaranteed payments of $161,400 from CD Partners for her services to the partnership as its sales manager. In addition, her distributive share of CD Partners' ordinary income (its only item of income or loss) was $96,840.
Required:
What is Charlotte's qualified business income?
Business
1 answer:
Anna [14]3 years ago
4 0

Answer and Explanation:

Qualified business income represents which do not involve the income from services performing in terms of the employee.

Therefore, Charlotte qualified business income (QBI) $96,840 as it does not involve the $161,400 income as sales manager.

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The sales forecasting method that consists of making a product available to buyers in one or more locations and measuring purcha
vladimir1956 [14]

Answer: Market test (a)

Explanation:

Market test is an experiment that is usually conducted before the commercialization of a particular product, the outcome of the experiment will determine if such firm will accept the idea of the product or drop it.

3 0
3 years ago
Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of goods manufactured dur
Vlad1618 [11]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning finished goods inventory of $20,000

The cost of goods manufactured during the month was $120,000

Ending finished goods inventory was $50,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 20,000 + 120,000 - 50,000= $90,000

8 0
3 years ago
100 points & brainliest.
Lemur [1.5K]

Answer:

A

Explanation:

5 0
3 years ago
Read 2 more answers
If Congress and the president want to keep real GDP at its potential level in​ 2021, they should use an expansionary fiscal poli
Nataly_w [17]

Answer:

a) increasing government spending or cutting taxes

Explanation:

Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:

1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.

Increasing government spending increases money supply which increases consumption spending.

2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.

Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.  

I hope my answer helps you

4 0
3 years ago
Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 4.5%, and the market is in equilib
seraphim [82]

The market risk premium of Fund P will be 5.5%.

<h3>How to calculate the market risk premium?</h3>

It should be noted that as per CAPM, the return in stock will be:

= Risk free rate + Beta × Market risk premium

8.90% = 4.5% + 0.8 × Market risk premium.

Market risk premium = 5.5%

In conclusion, the market risk premium of Fund P will be 5.5%.

Learn more about market risk premium on:

brainly.com/question/17135853

3 0
2 years ago
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