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
Vlada [557]
3 years ago
13

Suzanne owns interests in a bagel shop, a lawn and garden store, and a convenience store. Several full-time employees work at ea

ch of the enterprises. As of the end of November of the current year, Suzanne has worked 150 hours in the bagel shop, 250 hours at the lawn and garden store, and 70 hours at the convenience store. In reviewing her financial records, you learn that she has no passive investments that are generating income and that she expects these three ventures collectively to produce a loss.
Required:
What recommendation would you offer Suzanne as she plans her activities for the remainder of the year?
Business
1 answer:
ollegr [7]3 years ago
4 0

Answer:

In order for Suzanne to be considered an active participant in her stores, she must work at least 31 hours more. That way, her total working hours will be above 500, and she can deduct any losses from her adjusted gross income.

If she doesn't work at least 31 hours more, these activities will be considered passive activities and can only offset passive income.

Explanation:

You might be interested in
Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,300 units ar
telo118 [61]

Answer:

Total expending 21,320

Explanation:

Assuming the administrative expense are also paid on cash during the period

1,300 units x $4.20 = 5,460 Variable expending

19,240 fixed cost - 3,380 depreciation (non-monetary) = 15,860 Fixed expending

Total expending 5,460 + 15,860 = 21,320

<u>Remember:</u>

Depreciation and amortization are non-monetary term, they don't involve a cash disbursement.

3 0
4 years ago
Fabri Corporation is considering eliminating a department that has an annual contribution margin of $37,000 and $74,000 in annua
Amiraneli [1.4K]

Answer:

the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500

Explanation:

the computation of the  annual financial advantage (disadvantage) for the company of eliminating this department is as follows:

Annual financial Advantage (disadvantage) = $37000 - ($74000 - $18500)

= $37000 - $55,500

= $18,500

Hence, the annual financial advantage (disadvantage) for the company of eliminating this department is $18,500

5 0
3 years ago
If the probability is 0.54 that Stock A will increase in value during the next month and the probability is 0.68 that Stock B wi
Natali5045456 [20]

Answer:

The probability that neither of both stocks increase  is 0,14

Explanation:

The Complement Rule states that the sum of the probabilities of an event and its complement must equal 1.

The data  we have is the probability that Stock A or B increase,  we are looking for the probability that neither occur,  so we have to use the complement of each one.  

Complement of Stock A =1-0.54=0.46

Complement of Stock B =1-0.68=0.32

If we want to know the probability of both events happening we have to multiply both complements.  

Probability that neither of these two events will occur= 0.46 x0.32= 0,1472‬

7 0
3 years ago
In which document can the project manager (pm) find guidance for implementing earned value management (evm) contract management
Hoochie [10]
Guidance for implementing earned value management contract can be obtained from EARNED VALUE MANAGEMENT IMPLEMENTATION GUIDE.
Earned value management is a project management method for quantifying project performance. <span />
8 0
3 years ago
For each month of next year, Company R’s monthly revenue target is x dollars greater than its monthly revenue target for the pre
belka [17]

Answer:

$340,000

Explanation:

Revenue target for September is $30,000 larger than its revenue target for June, since there are 3 months between June and September, its revenue target grew by $10,000 each month (= $30,000 / 3).

If the company's revenue target is $310,000 for December, and it continues to grow at the same rate, t will be $320,000 for January, $330,000 for February and finally $340,000 for March.

4 0
3 years ago
Other questions:
  • Using ABC in a service company
    12·1 answer
  • What need theory would explain why lemuel greene was unhappy despite his high income
    5·1 answer
  • Which of the following is the most complete definition of marketing?
    10·1 answer
  • The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of:
    6·1 answer
  • The term sanitary is defined as being free of
    7·2 answers
  • The Cash account of Rampart Corp. reported a balance of $3,530 August 31, 2016. Included were outstanding checks totaling $1,700
    6·1 answer
  • If inflation is 6%, what real rate of return is earned by an investor in a bond that was purchased for $1,000, has an annual cou
    8·1 answer
  • g For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjustin
    13·1 answer
  • If you leave your job when should you notify a dso so that cpt can be removed from your record?
    13·1 answer
  • Utimately, to be successful, a business must
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!