Business, 28.01.2020 00:31 damilysgonzalez2

Earl and sandra own and operate a restaurant as an s corporation. each is a 50% owner. the business reports the following results for the year: revenue $ 480,000 business expenses 398,000 investment expenses 32,000 how do earl and sandra report these items for tax purposes on each of their individual returns?

a. $82,000 income on schedule e; $32,000 investment expense on schedule a. b. $480,000 income on schedule e; $16,000 investment expense on schedule a. c. $41,000 income on schedule e; $32000 investment expense on schedule a. d. $41,000 income on schedule e; $16,000 investment expense on schedule a.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:40

Your mother's well-diversified portfolio has an expected return of 12.0% and a beta of 1.20. she is in the process of buying 100 shares of safety corp. at $10 a share and adding it to her portfolio. safety has an expected return of 15.0% and a beta of 2.00. the total value of your current portfolio is $9,000. what will the expected return and beta on the portfolio be after the purchase of the safety stock?

Answers: 3

Answer

Business, 22.06.2019 13:00

Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?

Answers: 1

Answer

Business, 22.06.2019 15:30

Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value

Answers: 2

Answer

Business, 22.06.2019 20:00

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?

Answers: 3

Answer

You know the right answer?

Earl and sandra own and operate a restaurant as an s corporation. each is a 50% owner. the business...

Questions