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cricket20 [7]
3 years ago
12

Stella, age 38, is single with no dependents. The following information was obtained from her personal records for the 2020 year

. Salary $30,000 Interest income 7,000 Alimony received 12,000 Individual retirement account contribution 2,000 Home mortgage interest expense 4,000 Property taxes 2,000 Personal casualty loss in a Federal disaster area (after the $100 floor) 38,000 Stolen investment property 16,000
Unreimbursed employee business loss 3,000
​Based on the above information, what is Stella’s net operating loss for 2015?
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

Answer:

Net operating loss -$10,360

Explanation:

The computation of the net operating loss for the year 2015 is as follows:

Salary $30,000

Interest income 7,000

Alimony received 12,000

Less Individual retirement account contribution 2,000

Adjusted gross income $47,000

Home mortgage interest expense -$4,000

Property taxes -$2,000

Personal casualty loss ($38,000) - ($47,000 × 0.10) -$33,300

Stolen investment property -$16,000

Unreimbursed employee business loss ($3,000) - ($47,000 × 0.02) -$2,060

Net operating loss -$10,360

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Answer:

$8,400

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total commission = $300,000 x 8% = $24,000

50% co-brokerage split = $24,000 x 50% = $12,000

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the 70% commission split between Walt and his broker means that Walt keeps 70% of the commission and the broker keeps 30%.

total commission is split between the two firms because the Walt's listing was sold by another firm.

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4 years ago
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MrMuchimi
The correct option is in-home interviews.
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4 years ago
When both parties to a contract are mistaken as to the same material fact either paarty can rescind the contract?
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I took this question already, so if it was 
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3 years ago
Overview of financial planning
VMariaS [17]

Answer:

1. Operating plan.

2. Operating plan.

3. Financial plan.

4. Dividend policy.

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2. Operating plan: provides the inputs necessary for a risk management evaluation using sensitivity analysis, scenario analysis, or simulations.

3. Financial plan: Is based on knowledge of the amount of funds necessary to compensate the firm's shareholders, and the mix of debt and equity capital used to finance the firm.

4. Dividend policy: sets forth specific targets for cash or share distributions to the firm's shareholders.

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If Brandi wants to convey a positive attitude. One way for her to do that is by : facing Antoinette directly.

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If Brandi want to show a positive attitude when interacting or communicating with Antoinette the best thing is for her to face antonienette face to face or directly.

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