A partnership is a:
A) tax paying entity
B) tax reporting entity.
C) tax reporting and tax paying entity.
D) neither a tax reporting nor a tax paying entity.
B
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The menu at Chipotle Mexican Grill is:
A) primarily gourmet food prepared by some for the best Mexican chefs B) relatively simple, with a series of options for each menu item C) primarily organic foods D) all cooked with chipotles
A company can be said to have used ________ if the company distinguished among customers buying on the basis of price, service, and quality
A) global segmentation B) microsegmentation C) short-term segmentation D) macrosegmentation E) geographic segmentation
A business taxpayer sold all depreciable assets of the business, calculated the gains and losses, and would like to know the final character of those gains and losses. The taxpayer had $353,000 of adjusted gross income before considering the gains and losses from sale of the business assets. The taxpayer had unrecaptured § 1231 lookback loss of $12,000. What is the treatment of the gains and losses summarized in the following table after all possible netting and reclassification have been completed? What is the taxpayer’s adjusted gross income? (Ignore the self-employment tax deduction.)
AssetPurchase Date Sale Date Depreciation Gain (Loss) Machine 110/10/17 11/11/19 $323,000 $66,000 Machine 210/02/17 11/11/19 65,000 (15,000) Machine 309/23/15 11/11/19 183,000 23,000 Machine 409/23/15 11/11/19 28,000 64,000 ? What will be an ideal response?
The managerial power that results from hierarchical authority and status is referred to by French and Raven (1958) as:
a. apparent power b. legitimate power c. illegitimate power d. structural power