Which of the following statements regarding the basis limitation on deduction of partnership losses is false?
A.If a partner's share of partnership losses exceeds the partner's tax basis in the partnership interest, the excess is not deductible in the current year.
B. Partnership losses that are not deductible due to the basis limitation can be carried forward indefinitely.
C. Partners can increase tax basis in their partnership interest only by making additional capital contributions.
D. If a partnership becomes profitable in the future, the partner's share of such future income will create basis against which loss carryforwards can be deducted.

Question Completion:

Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017

                            Direct Expenses    Square Feet    Sales

Department

Advertising              $ 18,000                   1,120

Administrative           25,000                  1,400

Shoes                       103,000                  7,140          $273,000

Clothing                      15,000                4,340               77,000

The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.

Answer:

Marathon Running Shop

Allocation of service departments' costs to the operating departments:

                         Service Departments      Operating Departments     Total

                     Advertising Administrative   Shoes          Clothing

Departmental   $18,000        $25,000      $103,000      $15,000   $161,000

Utilities                  5,120             6,400         32,640         19,840      64,000

After Utilities      23,120            31,400        135,640        34,840  $225,000  

Advertising       -23,120                                  17,340          5,780    0

Administrative                         -31,400         24,492          6,908    0

Total allocated costs                                 $177,472       $47,528 $225,000

Explanation:

a) Data and Calculations:

                            Direct Expenses    Square Feet    Sales

Department

Advertising              $ 18,000                  1,120

Administrative           25,000                 1,400

Shoes                       103,000                 7,140           $273,000

Clothing                     15,000                 4,340               77,000

Total                       $161,000               14,000          $350,000

Allocation of Utilities Expense of $64,000

Rate

Advertising        (1,120/14,000 * $64,000) =     $5,120

Administrative   (1,400/14,000 * $64,000) =   $6,400

Shoes                 (7,140/14,000 * $64,000) = $32,640          

Clothing             (4,340/14,000 * $64,000) = $19,840

Advertising       $ 18,000 + $5,120 = $23,120

Administrative    25,000 + $6,400  = $31,400

Shoes                103,000 + $32,640 = $135,640        

Clothing              15,000 + $19,840 = $34,840

Advertising expenses consumed by:

Shoes     90/120 * $23,120 = $17,340

Clothing 30/120 * $23,120 = $5,780

Administrative expenses consumed by:

Shoes $273,000/$350,000 * $31,400 = $24,492

Clothing $77,000/$350,000 * $31,400 = $6,908

Answer:

What should I help dude

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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A community health system's nurse team consists of 12 nurses working in the local community, It takes a nurse 1.5 hours to complete one patient visit (including travel times and breaks). The utilization of the nurse team is 87.5%, which can be rounded to one decimal place as 6.

Assuming the demand for the nurses is 7 patients per hour, the utilization of the nurse team is 6 (round to one decimal place).

One patient visit takes 1.5 hours, so each nurse can complete 2/3 patient visits per hour. Since there are 12 nurses, the team can complete

12 x 2/3 = 8

patient visits per hour. The utilization rate of the nurse team is calculated by dividing the actual number of patients served per hour by the maximum number of patients that the nurse team can serve per hour.

Utilization = Actual demand / Maximum capacity

The actual demand is 7 patients per hour. The maximum capacity of the nurse team is 8 patient visits per hour (since it takes 1.5 hours for a nurse to complete one patient visit, a maximum of 8 patient visits can be completed in one hour). Therefore,

Utilization = Actual demand / Maximum capacity

= 7/8= 0.875

= 87.5%

The utilization of the nurse team is 87.5%, which can be rounded to one decimal place as 6.

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Economists think that most people are self-interested because they respond to incentives in predictable ways.

This means that individuals are motivated to act in their own best interest and will make decisions based on what they believe will bring them the most benefit or utility. This does not mean that individuals are always selfish or that they never consider the needs or preferences of others, but rather that they are motivated by their own self-interest.

The concept of self-interest is an important assumption in many economic models and theories, including rational choice theory and the invisible hand theory of Adam Smith. The assumption of self-interest helps to explain how individuals make decisions in markets and how markets can function efficiently to allocate resources.

By understanding how individuals respond to incentives and act in their own self-interest, economists can make predictions and develop policies that promote economic growth and prosperity.

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Answer:

Generally, two thread guides are used.

Explanation:

Thread guides are necessary for the proper functioning of the sewing machine and for the thread to be used correctly throughout the sewing. Generally, two thread guides are used, one to show where on the machine to place the thread and the other to prevent the thread from getting tangled inside the machine.

Answer:

option 1- plagiarism

option 2- not plagiarism

option 3- plagiarism

option 4- plagiarism

option 5- not plagiarism

option 6- not plagiarism

Explanation:

Plagiarism is using someone else's work without giving credit to the original or claiming it as your own.

Answer: There are the 6 answers for the answer key to each of the following "Plagiarism" or "Not Plagiarism" sentence statements based on the "True" or "False" statement:

Explanation: Here are the 5 important explanation reasons why you can't recommend yourself to use plagiarism:

I hope my explanation answer about the "Plagiarism" or "Not Plagiarism" Sentence Statement that is based on the "True" or False" Sentence Statement is very helpful to your own question and have a great day! :D

Sincerely,

Jason Ta,

The Ambitious of The Brainly And The Role of The TDSB And The WHCI Student of The High School.

Answer:

I messaged you the asnwer.

Explanation:

Given a value for the independent variable, one can predict the value of the dependent variable using the regression equation. Hence, Option A is correct.

The amount of sales dollars is the dependent variable. Hence, Option B is correct.

The variable that alters as a result of the modification of the independent variable is known as a dependent variable. The result that interests one is what they're measuring, and it "depends" on the independent variable.

Statistical terms for dependent variables include: When one variable changes, the response variables adjust as well.

Therefore, Option A for part A and Option B for Part B are correct.

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SaaS offers businesses the ability to access and use software applications hosted in the cloud, eliminating the need for on-premises infrastructure and software installations.

One business effect of cloud computing has been the growing trend toward Software as a Service (SaaS). This shift has significant advantages for businesses, including reduced upfront costs, scalability, flexibility, and simplified maintenance and updates. SaaS allows businesses to pay for software on a subscription basis, offering cost-effective and customizable solutions. It also enables remote access and collaboration, enhancing productivity and enabling businesses to adapt to changing market demands more efficiently. The growing adoption of SaaS has transformed the software industry and revolutionized how businesses acquire and utilize software solutions.

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Answer:

Hi there!

You'll need 860.67 feet of lumber.

Explanation:

First we calculate the needs of lumber in inches

Shelves: 2 x 1,134 = 2,268 inches

Base Sides: 2 x 1,112 = 2,224 inches

Door stiles: 2 x 2,918 = 5,836 inches

Total inches long of lumber needed:

2,268 + 2,224 + 5,836 = 10,328 inches

Then we convert the unit of measure from inches to feet:

One inch equals 0.08333 feet.

10,328 x 0.08333 = 860.67 feet

The number of new houses that will be built is 200 while the profit is $13860000.

From the information given, the expected demand function will be:

= 60% × (300000 - 400Q) + 40% × (500000 - 275Q)

= 380000 - 350Q

Therefore, P = 380000 - 350Q

Since profit is the difference between the revenue and cost. This will be:

= (380000 - 350Q) × Q - (140000 + 240000Q)

Therefore, maximizing the profit will be:

380000 - 350 × 2Q - 240000 = Q

Q = 200

Therefore, profit will be:

= (380000 - 350Q) × Q - (140000 + 240000Q)

= (380000 - 350 × 200) × 200 - (140000 + 240000 × 200)

= 13,860,000

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If on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.

The required reserve ratio is the fraction of deposits that the Federal Reserve requires banks to hold as reserves.

The reserve ratio can be computed by dividing the difference between the deposit and the increase in excess reserves by the original deposit and multiplying by 100.

Checking deposit = $300

Increase in excess reserves = $255

Required reserve = $45 ($300 - $255)

Reserve ratio = 15% ($45/$300 x 100)

Thus, if on receiving a checking deposit of $300 a bank's excess reserves increased by $255, the required reserve ratio must be 15%.

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The principal is responsible for paying the agent, collaborating with the agent, ensuring a secure workplace, and carrying out contractual obligations.

An essential component of business law that regulates the relationship between principals and agents is the law of agency. To ensure the success of the relationship, both parties have obligations and responsibilities that must be upheld. The agent's obligations include acting honestly and loyally, adhering to the principal's requests, avoiding conflicts of interest, and disclosing all pertinent information. The principal is responsible for paying the agent, collaborating with the agent, ensuring a secure workplace, and carrying out contractual obligations. These obligations are made to make sure that there is open communication between the principal and agent, that their relationship is advantageous to both parties, and that everyone acts in the other parties' best interests.

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300$ unfavourable is the volume variance if the budgeted fixed overhead was $3,000, the standard fixed overhead was $2.00 per direct labor hours.

volume variance is the difference between the actual and budgeted or planned volume of units produced. This answers the question, "If a Company budgeted that it would operate at 80% capacity for the month producing 800 units of its product, aa. each unit requires 2 direct labor hours, at the end of the month it realized that they produced 700 units and operated at 70% capacity,. if the budgeted fixed overhead was $3,000.In the above example, the company did not budget for a volume variance, it assumed that it would produce 800 units. The actual production of 700 units resulted in a volume variance of 200. This means that 200 units were over or under what was budgeted. In this case, if 300 units had been over, the cost of direct labor would have been $3,100 ($3,000 x (200-100)) instead of $3,000. The total costs of $3,000, would not be affected.The formula for calculating the volume variance is:

where formula_4 is the actual output, and formula_5 is the standard quantity of output. Often, standards are set in terms of average units per labor hour. As in this example there are two types of volume – volume (units) and capacity (labor hours). The equation can then be written as:

Volume variance is used to compare budgeted production volume to actual production volume. In the above example we calculated that the actual production was 700 units and the budgeted production was 800 units. The difference (of 200 units) is called a "volumvariance". Volume variance is often used in cost accounting for businesses, to determine how close a business has come to its estimates of quantity and costs.

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Answer: They both encourage customers to return worn-out clothes for reuse

Explanation:

Clothing designers Rag & Bone and Eileen Fisher are similar due to the fact that one can recycle old clothes and shoes and get rewarded. By bringing an Eileen Fisher cloth to their renew store, the person will get $5.

Also, when one beings an old denim to Rag & Bones, the person will get a discount the next time he or she buys a cloth from Rag & Bones.

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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The correct answer is b. bank profits does not directly affect the bid/ask spread.

The bid/ask spread is the difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for a particular security or financial instrument. While factors such as volume, inventory costs, and order costs can directly impact the bid/ask spread, bank profits do not have a direct influence on it. Bank profits are a result of various factors such as interest rates, loan portfolios, investments, and overall financial performance. The bid/ask spread, on the other hand, primarily reflects the supply and demand dynamics within the market for a specific security. Therefore, bank profits are not a direct determinant of the bid/ask spread.
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If the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."

This is based on the idea that per capita GDP is a form of GDP measure that divides the total GDP, particularly a country with the population or number of people living in that country.

Therefore, when the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."

Hence, in this case, the correct answer is option C. "the country's per capita GDP has increased."

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Answer: The country's per capita GDP has increased. So "C" is right.

Explanation: Just took the quiz

The ratio of contribution margin to sales is referred to as the contribution margin ratio. Contribution Margin ratio is a financial calculation that compares a company's contribution margin to its total sales revenue.

The Contribution Margin Ratio can be calculated using the following formula: Contribution Margin Ratio = Contribution Margin / Sales1.

Using the provided values we get,

Contribution Margin = Sales - Total Variable Costs Contribution Margin = $172,000 - $122,120 = $49,880

The contribution margin ratio can be calculated using the following formula:

Contribution Margin Ratio = Contribution Margin / Sales Contribution Margin Ratio = $49,880 / $172,000

Contribution Margin Ratio = 0.29 or 29%

Net Operating Income = (43,000 + 600) x $4.00 - (2.85 x 43,600) - $37,500

Net Operating Income = $17,200 - $124,110 + $37,500

Net Operating Income = -$69,410

Thus, the estimated change in the company's net operating income will decrease by $69,410 if it increases sales volume by 600 units and total sales by $2,400.

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This scenario is an example of the Prisoner's Dilemma, a classic game theory problem in which two individuals acting in their own self-interest make decisions that lead to a suboptimal outcome for both.

In this case, if both Hufflepuff and Ravenclaw build dams, they will both be able to prevent the other from fishing. However, this will also mean that both companies will be unable to fish, resulting in a worse outcome for both. This is because the water body is a shared resource, and preventing the other company from fishing may lead to overfishing and depletion of the resource.

Therefore, in the Prisoner's Dilemma, the optimal outcome would be for both companies to cooperate and not build dams, allowing both to fish and share the resource sustainably. However, each company may be tempted to act in their own self-interest and build a dam to gain a competitive advantage

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Answer:

one or more

Explanation:

Businesses offer many marketing functions, and consumers usually take part in one or more when they make purchases. The correct option is B.

Marketing's goals are to interact with customers, provide information, and add value to their lives. Discovering what their customers want and need, then meeting those needs through the products and services they provide, is how businesses decide how to best market to consumers.

The aspect of marketing that is most widely recognized is promotion. The majority of audiences would be familiar with the traditional and digital marketing strategies included. Activities aimed at interacting with consumers, educating them about the company and its offerings, and persuading them to make purchases are referred to as promotional activities.

Thus, the ideal selection is option B.

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When appraiser Jerry is looking past how a property is being used to determine a more optimal function, he is determining the highest and the best use of the property.

Optimal function is a practice of business management that deal with ensuring the best possible use of the resources available in the hands of an organization.

In the above case, optimal function is used in such a way that Jerry, the appraiser, is successfully able to ensure that the property is being used in the best ways possible.

Hence, option B holds true regarding optimal function. The complete question has been attached as an image for better reference of the students.

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In business, a specific commitment to achieve a measurable result within a stated period of time is called a goal.

What is business?

The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.

Every business are the specific goal are the commitment to the short and the long period of the time are the measurable of the goal. The goal are the aim of the company to achieve in the future.

As a result, the business are the  to achieve a measurable result within a stated period of time is called a goal.

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The title or position as position command career counselor is owned by the primary manager of the career development team (CDT).

In the term of business and management, The Command Career Counselor also can be called as CCC.  The Command Career Counselor generally can be defined as the critical link between a Sailor, their command, and supporting Navy organizations. The Command Career Counselor also  including Navy Personnel Command or known as NPC. The Command Career Counselor has several function, one of the major function is responsible for managing the command's Career Development Program.

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The minimum age for a New York real estate broker's license is 20. Option c is correct.

To become a real estate broker in New York, an individual must first complete a certain amount of education and experience as a licensed salesperson. This includes completing 120 hours of approved coursework and working as a licensed salesperson for at least two years. Once these requirements have been met, the individual can then apply to take the New York State Real Estate Broker's Exam.

In addition to passing the exam, the individual must also be at least 20 years old and of good moral character. The process of becoming a real estate broker can be challenging, but it can also be rewarding. As a broker, an individual has the ability to start their own real estate company, hire and manage other agents, and earn higher commissions on real estate transactions.

Thus, option c is correct.

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The dashboard's data is chosen by the running user based on their security preferences. Important It is possible to provide dashboard readers with a more comprehensive view of the data than they typically see when you identify the running user. Hence option C is correct .

A different source lists the following choices as potential answers to this query:

These three report kinds can be utilized to provide a list of accounts on a dashboard. The appropriate report type for a given piece of information relies onon the message we want to get over to the audience.

A summary report without a chart, a summary report with a chart, or a tabular report with rows would all be the most effective ways to present a rating list.

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Service or result does the customer or sponsor expect from the project?" is an example of a scope constraint.

The term "scope" describes the total set of goals and demands necessary to finish a project. The phrase is frequently used in both consulting and project management. Managers can estimate expenses and the time needed to complete a project by clearly outlining its scope. The fact that it saves time and money makes scope management a crucial component of a firm. In project management, there are often two basic forms of scope. The project and product scope are these.

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