Jenna began the year with a tax basis of $45,000 in her partnership interest. Her share of partnership debt consists of $6,000 o
f recourse debt, and $10,000 of nonrecourse debt at the beginning of the year, and $6,000 of recourse debt, and $13,000 of nonrecourse debt, at the end of the year. During the year, she was allocated $65,000 of partnership ordinary business loss. Jenna does not materially participate in this partnership, and she has $4,000 of passive income from other sources.A) How much of Jenna's loss is limited by her tax basis?B) How much of Jenna's loss is further limited by her at-risk amount?C) How much of Jenna's loss is further limited by the passive activity loss rules?
Focus strategy is a business strategy where a business concern stratify or segment a large market so as to concentrate on that small part, Market segmentation allows the business focus its marketing effort on the choosing segment for best customer experience. Focus strategy can help the business be a market leader in the choosing segment.
1.Subject line: _____________ Supply of Suffocation Warning Bags
2. Opening sentence: ____________ We acknowledge the receipt of your request, dated April 4, 2021, for the supply of Suffocation Warning Bags.
Explanation:
A business letter requires the use of a suitable subject line to summarize the topic of the correspondence. It enables the recipient to clearly and quickly understand the topic. The opening sentence should fully make reference to the subject with an acknowledgement of the inquiry earlier received from the recipient.
Equity Shares are the shares that carry voting rights and the rate of dividend also fluctuate every year as it depends on the amount of profit available to the company. On the other hand, Preference Shares are the shares that do not carry voting rights in the company as well as the amount of dividend is also fixed.
