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elena-s [515]
3 years ago
15

291. Much of the hope for continued improvement of the economy lies in the projection of increasing consumer spending this year.

. A. projection of increasing consumer spending B. projection of consumers increasing spending for C. projected consumer spending increase 37 D. consumer spending that is projected to increase E. increase in consumer spending that is projected for
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

The correct answer is E:

Much of the hope for continued improvement of the economy lies in the increase in consumer spending that is projected for.

Explanation:

i. Much of the hope (this is the main Subject of the conversation)

ii. for continued improvement (this is the Prepositional phrase. It modifies the noun “hope”)

iii. of the economy (this is a Prepositional phrase – it modifies the noun “improvement”)

iv. lies in the projection (This is the main Verb – “lies”)

v. of increasing consumer spending this year. (This is the prepositional phrase. It modifies the noun “projection”)

At first glance, it would appear that the positive experience that is anticipated is the projection.

<em>A projection (unqualified) in this case is an estimate of how a thing will be in the future.</em>

Having stated this, we see that it is more logical to hope for a positive experience that will occur than to just hope. Hence the hope is really in the increase in consumer spending not in the projection as a separate word.

(E) therefore is the Correct option because in this option that in this option “that” modifies “increase”.

Cheers

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This was a period that experienced a rapid development of industry because of the introduction of machinery.

The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

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Rob's wife, Marie, has a wage income of $250,000. They jointly sold stocks in 2019 and generated a long-term capital gain of $13
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Answer:

Explanation:

According to IR Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction. Some trusts and estates may also claim the deduction directly.

The deduction allows them to deduct up to 20 percent of their qualified business income (QBI), plus 20 percent of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income. Income earned by a C corporation or by providing services as an employee isn't eligible for the deduction.

1. QBI component. This component of the deduction equals 20 percent of QBI from a domestic business operated as a sole proprietorship or through a partnership, S corporation, trust or estate. Depending on the taxpayer's taxable income, the QBI Component is subject to limitations including:

 

a. The type of trade or business,

b. The amount of W-2 wages paid by the qualified trade or business, and

c. The unadjusted basis immediately after acquisition (UBIA) of qualified property held by the trade or business.

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STEPS ARE:

1. Original QBID = 154K*20% = 30,800

2. Wage/Cap. Investment limitation: a) wage limitation = 58K*50%= 29,000

b) wage/capital limit. = wage(58K*25%) +capital(300K*2.5%) =14,500+7,500=22K

We take the larger of them => 29K

3) Since original QBID is greater than wage limitation, we must use reduction ratio. In this case:

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4) Now we subtract the wage limitation from original QBID (30,800 - 29,000) * 0.93= 1,674.

5) Finally, subtract that from original QBID 30,800-1,674=29,126.

29,126 their final QBID

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