1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VashaNatasha [74]
3 years ago
11

Assume Joe Harry sells his 25 percent interest in Joe's S Corporation, to Tyrone on January 29. Using the specific identificatio

n allocation method, how much income does Joe Harry report if Joe's S Corporation, earned $260,000 from January 1 to January 29 and a total of $3,650,000 from January 1 through December 31 (365 days)
Business
1 answer:
sergeinik [125]3 years ago
5 0

Answer:

$65,000

Explanation:

Calculation to determine how much income does Joe Harry report if Joe's S Corporation, earned Using the specific identification allocation method

Using this formula

Income=Amount earned*Interest rate

Let plug in the formula

Income=$260,000 × 25%

Income= $65,000

Therefore Using the specific identification allocation method how much income does Joe Harry report if Joe's S Corporation, earned will be $65,000

You might be interested in
price quantity total cost $10 40 $374 $10 41 $376 $10 42 $360 $10 43 $365 $10 44 $390 $10 45 $400 $10 46 $412 $10 47 $425 refer
MrRa [10]

The firm's MRP when it produces 44 units of output (from top to bottom) MRP, Regulated: 200, 160, 120, 80, 40.

<h3>What is output?</h3>
  • Output is the quantity of goods or services produced in a given period of time.
  • For a firm that produces a good, the output may simply be the number of units of that good produced each period.
  • Months or Years in production.
  • Input is the process of taking in something.
  • For example,  a company receives inputs when it takes  raw materials to make a final product.
  • Output is the complete opposite as it is the process of sending something.
  • Service is the productive outcome of  marketing channels that consumers value and desire.
  • By identifying the services to offer for each  target buyer segment, marketers can optimize their sales strategy for each key segment.

To learn more about output from the given link :

brainly.com/question/13736104

#SPJ4

6 0
1 year ago
The type of documentation designed to be used when the user needs to learn how to perform a specific function is known as _____.
cluponka [151]

Answer:

E. tutorials

Explanation:

The type of documentation explained in the question would be considered as "tutorials". These can be written, verbal or visual documentation that teaches you how to perform a specific function or task with step by step instructions. That way you know every step that you need to take in order to be able to get that certain task done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
A counterfeit id is intended to an official document, but is not authentic
kirza4 [7]

Answer:

If this is the case then it is not valid.

Explanation:

Any counterfeit id is illegal and should never be rendered to be used for any purpose in relation to official documents.

4 0
2 years ago
6. Explain how liabilities of an LLC (taxed as a partnership) or an S corporation affect the amount of tax losses from the entit
Natasha_Volkova [10]

Answer:

LLC liabilities are included as part of member's tax basis while S corporation liabilities are not.

Tax rules favors LLCs.

Explanation:

LLC liabilities are included as part of a member's tax basis while S corporation liabilities are not included in an S corporation shareholder's tax basis other than loans from the shareholders.

This distinction is important because the amount of loss a member or shareholder may deduct is limited to his or her tax basis in either his or her LLC interest or shares. Thus in this particular regard Tax rules favors LLCs.

7 0
3 years ago
What is Laissez faire ?
Zinaida [17]
We had it and lost it due to the concepts that people thought businesses had to much free reign to do what they wanted so the government started passing regulations de facto giving the freedom that businesses had and making it power for the government.


4 0
3 years ago
Read 2 more answers
Other questions:
  • Which type of portfolio might a young investor who is not afraid of risk choose?
    9·2 answers
  • Employers must provide fall protection to construction workers working on scaffolds that are how many feet above the lower level
    8·2 answers
  • At Fairprice supermarket branches, they provide free fish cleaning services if fish were bought at their premises. Currently, on
    6·1 answer
  • Jennifer Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activ
    7·1 answer
  • Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false
    7·1 answer
  • A chemical reactor gives a fractional conversion of only 10% of the expensive limiting reactant in the feed stream. Assuming not
    6·1 answer
  • Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1$32,4
    5·1 answer
  • Houston Fashions is considering a new product line that would require an investment of $ 140,000 in fixtures and displays and $
    5·1 answer
  • Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following s
    14·1 answer
  • Porter's model of business activities includes ________, which are interactions across value activities.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!