Answer:
Excess loss business is a situation where deduction exceeds the total income, like given in the above situation.
As per IRS for 2019,
New limitation is $150,000 of the disallowed business loss would be carried forward to 2019 as an additional NOL .
Therefore,
1) Tim has excess business loss of $ 205000
($580000 - $ 225000- $150000)
2) Tim may use $150000 of the $355000.
Answer: D) A custom built house
Explanation:
Job Order Costing determines the cost of each specific good instead of grouping them all together. When making goods that vary in type, this is the best type of costing method to use as it will take into account the unique cost objects used.
Custom built houses will require cost objects that are different from standadized houses. A specific design will have to be used, non standard material and the like will be used as well. This means that when computing cost, it will have to be specific to the needs of the custom house so it is most probable that Job Order Costing was used.
<span>The defendant seeks to offer into
evidence the fact that the mayor was convicted two years ago of taking a bribe
to award a city contract for solid waste disposal. Yes, this is a documentary evidence
and is admissible because the mayor is already proven convicted of corruption.</span>
Answer:
d
Explanation:
Unfortunately cutting or reducing production, or reengineering at all.
The responsibilities that must be considered when a multinational opens a new factory in another country are legal and cultural responsibilities.
<h3 /><h3>What are the obligations of a multinational?</h3>
A corporation with units in different countries must follow the legislation in force in the place, adapting its processes and services to essential requirements, such as payment of taxes and licenses to operate in the country.
Therefore, in addition to the economic responsibilities, there are also the responsibilities of cultural adaptation, so that the company has good acceptability by the local population and is well positioned in the market.
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