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vlabodo
2 months ago
12

Kathy and Annise are a married couple who file jointly. In the current year, they have net ordinary income of $10,000 from a par

tnership interest in which they do not materially participate. They also have a net loss of $30,000 from a rent house in which they actively participate. Their adjusted gross income (AGI) exclusive of these investments is $120,000. What is their AGI after taking into account these investments
Business
1 answer:
Scilla [3.8K]2 months ago
3 0
$100,000. Since Kathy and Annise are a married duo filing jointly, their adjusted gross income (AGI) is computed by subtracting a net loss from their initial AGI. Currently, AGI amounts to $120,000, with a rental loss of $30,000 and a partnership gain of $10,000. The revised AGI becomes Current AGI - Net Loss, or 120,000 – 20,000, leading to a revised AGI of $100,000. Calculating the net loss: Rental loss – partnership gain equals $30,000 - $10,000, resulting in a net loss of $20,000. Notably, Kathy and Annise may claim this $20,000 loss against other income, as they actively engage in rental activities.
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Toni makes apple pies for the local bakery. When Toni works with an assistant, she produces 60% more apple pies and works 20% fe
stepan [3596]

Respuesta:

La respuesta es 200%.

Explicación:

Supongamos que Toni produce x tartas de manzana en y horas.

Esto significa que el ritmo de producción es \frac{x}{y} tartas por hora.

Trabajando con un asistente:

Toni incrementa su producción en un 60%, es decir, ahora hace x + 0.6x = 1.6x tartas.

Además, reduce su tiempo trabajando en un 20%, entonces trabaja y - 0.2y = 0.8y horas.

Por lo tanto, la tasa de producción con ayuda es 1.6x / 0.8y = \frac{\frac{1.6x}{0.8y} }{\frac{x}{y} } X 100.

Al simplificar, obtenemos un aumento del 200% en la producción por hora.

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3 months ago
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What may happen to Eli and his father? Check all that apply.
Nady [3600]
The answers are options 2, 3, and 4.
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1 month ago
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Helen is keen on creating her own company when she graduates from college. She has researched the sector and developed contacts
Katen [3525]

Hi there,

My inquiry is whether there are any answer choices.

Your Question - Helen is ambitious about starting her own business post-college. She has examined the industry and built relationships with suppliers. Additionally, she possesses a risk-taking nature. What would be a suitable career for Helen upon graduation?

Answer - Store manager.

Reasoning - Given her discussions with vendors who could supply her with goods. However, without answer choices, arriving at a conclusion is somewhat challenging.

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On December 31, Year 1, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both
soldi70 [3635]

Response:

Hart's note is to be noted at $10,000 while Maxx's note is to be recognized at $7,820

Justification:

Hart's note, being a current note (maturing within a year), will be listed at future value = $10,000

On the other hand, Marxx's note should be reflected at its present value:

present value = future value x discount factor = {$10,000 [1 + (3% x 5)]} x 0.68

present value = $11,500 x 0.68 = $7,820

*simple interest is utilized to determine the future value of Marxx's obligation since Jet Co. does not apply compound interest

4 0
1 month ago
Green Planet Corp. has (a) 5,000 shares of noncumulative 10% preferred stock with a $2 par value and (b) 17,000 shares of common
harina [3808]

Solution:

Year 1

PS $800   CS $0

Year 2

PS $1,000   CS $700

Clarification:

5,000 x $2 x 10% = $1,000 in preferred dividends.

In dividend distributions, preferred shareholders are prioritized over common shareholders, receiving payment first.

In Year 1:

the entire $800 is allocated to preferred stockholders.

In Year 2:

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2 months ago
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