Retail companies compete based on:

Dorothy acquired a 100% interest in two passive activities: Activity A in January 2014 and Activity B in 2015. Through 2017, Act

alekssr [168]

Answer:

0

$180,000

0

$240,000

Explanation:

In 2018 and 2019, Dorothy may deduct none of the net passive losses that remain after offsetting the passive income. In 2018, the $20,000 of passive income is used to absorb $20,000 of the $200,000 passive loss, leaving $180,000 of passive loss suspended. In 2019, the $40,000 of passive income is used against the $100,000 passive loss, leaving a $60,000 passive loss suspended for that year. Thus , a total of $240,000 of passive losses is suspended at the year 2019 into 2020.

4 0

3 years ago

What is the difference between sole proprietor and self employed

Kitty [74]

Answer:

Self Employed is the person working in a self owned business. Sole Proprietor is a person solely owning, managing a business.

Explanation:

Self Employment is the term used to depict economic activity of working for self owned organisation, rather than working for someone else. The self owned organisation could be entirely (solely) self owned - sole proprietorship, or co-owned by partners in a limited liability partnership

Sole Proprietor is a business entity owned, managed, run by a single entrepreneur. It is a business legal term given to an economic organisation. In this case, the proprietor necessarily has unlimited liability towards firm's claims. However, its not so always in case of self employment in LLC

5 0

3 years ago

The expected date of confinement (eds) is usually estimated by a formula called:

Pachacha [2.7K]

It is called the Naegele's run the show. It predicts an expected due date in light of the beginning of the lady's last menstrual period. You just extra nine months and seven days to land at the due date.
It is a standard method for ascertaining the due date for a pregnancy while expecting a gestational age of 280 days at labor.

7 0

3 years ago

Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund wa

Salsk061 [2.6K]

Answer:

c. A credit to Cash of $272.75.

Explanation:

These transactions can be explained with the help of T- Account .

<h2> Cash </h2><h3>Debit Credit </h3>

Bal $ 500

Freight $61

Shipping

Charges $ 85

Supplies $ 50

Donation $ 69

Suspense 7.75

Fund $ 227.25

Fund $ 227.25

Reimbursement  $272.75

$ 500

As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.

An amount of $ 7.75 is short which is dealt in suspense account and reimbursed with the amount falling short.

5 0

3 years ago

To get detailed values of project schedule and cost performance, look at _____ and _____.

Olegator [25]

We need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.

Basically, a project schedule helps to show what to be done, what to utilize and when the project is due.

The cost performance does show the financial effectiveness and efficiency of the project.

In conclusion, we definitely need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.