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Alla [95]
3 years ago
8

Ilene rents her second home for the entire year. During the year, Ilene reported a net loss of $10,700 from the rental. If Ilene

is an active participant in the rental and her AGI is $142,500, how much of the loss can she deduct against ordinary income in the year?
Business
1 answer:
Andreas93 [3]3 years ago
6 0

Answer:

$3,750

Explanation:

(142,500-100000)*50% = 21,250

25,000-21,250 = $3,750

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In a Fox News Poll conducted in October 2011, 904 registered voters nationwide answered the following question: "Do you think il
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The correct answer is Option B .

Explanation:

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8 0
3 years ago
Scenario planning is a useful technique for firms competing in industries characterized by __________ and ____________.
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The blank spaces will be filled by these words:
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6 0
3 years ago
Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi
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Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee. 

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

I hope my answer helps you

3 0
3 years ago
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A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

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5 0
3 years ago
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