Business, 05.05.2020 09:14, mickellife4659
Sophie is a 10 percent owner in Canine Connection, LLC, a day-care center for dogs. She is also a 15 percent owner in Little Laughter, LLC, a successful childrenâs clothing store. She does not materially participate in either business. Her at-risk and loss/income for the current year is as follows:
i. Canine Connection-At-risk = $140,000; Loss of $300,000
ii. Little Laughter-At-risk = $50,000; Income of $$130,000
She also has wage income of $80,000 and capital gain income of $30,000.
Required:
1. Which of the followingstatements is true?
a. The loss suspended because of the at-risk rules is $110,000 and the loss suspended because of the passive activity loss rules is $60,000.
b. The loss suspended because of the at-risk rules is $110,000 and the loss suspended because of the passive activity loss rules is $0.
c. The loss suspended because of the at-risk rules is $160,000 and the loss suspended because of the passive activity loss rules is $10,000.
d. The loss suspended because of the at-risk rules is $160,000 and the loss suspended because of the passive activity loss rules is $80,000.
Answers: 1
Business, 21.06.2019 21:00, crazymadhatter0
Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a companyâs pilot requested approval from the company finance office to pay to either have the companyâs jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilotâs requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workersâ compensation insurance before the accident. analyze the potential liability for the pilotâs injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workersâ compensation insurance.
Answers: 3
Business, 22.06.2019 11:00, saurav76
When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called
Answers: 2
Business, 22.06.2019 17:00, PlzNoToxicBan
Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of âeaster eggsâ: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?
Answers: 2
Business, 22.06.2019 18:30, saneayahsimmons
What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii
Answers: 1
Sophie is a 10 percent owner in Canine Connection, LLC, a day-care center for dogs. She is also a 15...
Computers and Technology, 04.07.2019 21:40
Computers and Technology, 04.07.2019 21:40