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m_a_m_a [10]
3 years ago
5

Brad owns a small townhouse complex that generates a loss during the year.

Business
1 answer:
My name is Ann [436]3 years ago
7 0

Answer:

a. Brad might be allowed to deduct up to $25,000

or Brad may be allowed to deduct the loss if he works more than 750 hours as a material participant in connection with the townhouse complex and more than half of personal service.

b. The reduction is equal to 50% of AGI in excess of $100,000. The deduction will be phased out completely if AGI reaches $25,000

Explanation:

Adjusted Gross Income is the final taxable income after all the allowable deductions are adjusted in the income. A tax payer can deduct up to $25,000 for the passive losses. This is standard deduction which Brad can deduct from the income.

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Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which
kakasveta [241]

Answer:

Its A.

Explanation:

5 0
2 years ago
Read 2 more answers
_____ asserted in an article in the Harvard Business Review that modern transportation and communications technologies are facil
Murrr4er [49]

Answer:

Theodore Levitt

Explanation:

Theodore Levitt was an American economist and professor at the prestigious Harvard Business School (Cambridge, Massachusetts). Also editor of the economic magazine Harvard Business Review (HBR) where they published their articles. It marked a milestone in creating the concept of "globalization" focused on an economic point of view, specifically in its article "Globalization of Markets" was where he referred to it for the first time, thanks to what became very popular and joined the currents of economist thinking.

5 0
2 years ago
Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a
tigry1 [53]

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

5 0
3 years ago
Kitchen and Laundry and More has annual credit sales of $2,473,701 and cost of goods sold of $1,838,207. The average accounts re
Agata [3.3K]

Answer:

32.59 days

Explanation:

DSO = Average receivables / Sales Revenue X 365

= $56,736 / (2,473,701 - 1,838,207) x 365

= $56,736 / (635,494) x 365

= 32.59 days

3 0
2 years ago
How can the company that purchased the mine better approach the situation?
ddd [48]

The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.

In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights,  pollution,  and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.

That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.

To know more about Tintaya copper mine here:

brainly.com/question/11045973

#SPJ4

5 0
1 year ago
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