Answer:
From 2018, there is a threshold limit of $250,000 defined by IRS for single:
(a) Tim has an excess business loss:
= Business loss - Threshold
= $350,000 - $250,000
= $100,000
(b) Tim may use $250,000 of the $350,000 LLC business loss to offset non business income.
The excess business loss is treated as the portion of the Tim's NOL carry forward.
Excess business loss of $100,000 will be treated as the NOL carryforward to subsequent years.
Answer:
a financial checkup should be completed annually.
Answer and Explanation:
a. The computation is shown below;
Cash bonus after tax is ($3,000 × (1 - 0.24) $2,280
And, non taxable fringe benefit is $2,300
So here he should use the nontaxable fringe benefit
b. Yes answer would be changed
Cash bonus after tax is ($3,000 × (1 - 0.12) $2,640
And, non taxable fringe benefit is $2,300
hence, the same is to be considered
A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.
The characteristics of a competitive market are:
- Homogeneity of product: The product are made by different producers and encourages competition.
- There are existence of many buyers and sellers in the market.
- There is an access to derive perfect information on price of a product at any outlet in the market.
- There are no charges for transaction costs in a competitive market
- No barriers to entry into or exit.
In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.
Learn more about competitive market here
<em>brainly.com/question/7024827</em>
Answer:
Return
Explanation:
Supply chain management (SCM) is the management of interconnected activities involved in movement and storage of raw material, work in progress and finished goods. The process is used to check if supply chain activites are working smoothly or not, also, is it cost effective or not?. SCM follow basic five component:
- Plan
- Develop
- make
- Deliver
- Return.
Return is a stage where supply chain managers must create a responsive and flexible network to support customers who have problems with delivered products.
