Answer:
B) $4,000
Explanation:
The computation is shown below
As the QBI deduction can be less of
20% of Qualified business income
OR
20% of net capital gain
So the 20% of qualified business income is
= $20,000 × 20%
= $4,000
And, the 20% of Net capital gain is
= ($65,000 - $10,000) × 20%
= $11,000
So, the lesser amount between $4,000 and $11,000 is $4,000
Answer:
Variable and Fixed
Explanation:
Variable inputs are those which can be changed/altered in the short-run. The demand for these inputs can be changed with a change in production.
However, fixed inputs are those inputs which cannot be changed/altered in the short-run. The demand for these inputs remains unchanged in the short-run. It can only be changed in the long-run.
Since Brain has signed a lease obligation for the next three years, it cannot change the number of ovens in the short-run. This number of oven's is a fixed input at least for three years.
While, Brain can easily change the number of workers he wants to hire. Therefore, number of workers is a variable input in the short-run.
Thus, we can conclude that in the short run, these workers are variable inputs and the ovens are fixed inputs.
Answer:
CORPORATION
Explanation:
Sole Proprietorship, Partnership are business owned & managed by a single owner, group of partners sharing profits.
Both of these business forms, entrepreneur(s) liability is unlimited , implying their assets can be at stake if business assets are insufficient to fulfil its liabilities. Although, there can be certain special limited liability partnership firms also , but the general case is explained as earlier.
However: Corporation is a separate legal entity from its owners, governed by board of directors . Owners & Corporation being separate entities, there is no pressure on the former's assets to fulfil the latter's claims. So , the owners liability is limited , only confined to the amount they have invested.
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to fulfill the given purposes.
To learn more of the importance of management, see attached file.