In 2016, Kelly earns a salary of $200,000 and invests $40,000 for a 20% interest in a partnership not subject to the passive activity loss rules. Through the use of $800,000 of nonrecourse financing, the partnership acquires assets worth $1 million. The

activity produces a loss of $150,000, of which Kelly's share is $30,000 . In 2017, Kelly's share of the loss from the partnership is $15,000 . How much of the loss from the partnership can Kelly deduct?


Kelly has $40,000 at risk at the end of 2016 and can deduct the $30,000 loss in that year. This decreases his at-risk amount to $10,000 . Consequently, at the end of 2017, he can deduct only $10,000 of the $15,000 loss.

Business

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Some bacteria are strict aerobes and others are strict anaerobes. Some bacteria, however, are facultative anaerobes and can live with or without oxygen. If given the choice of using oxygen or not, which pathway should a facultative anaerobe perform?

A. Use oxygen since aerobic metabolism provides more ATP per molecule of carbohydrate than anaerobic metabolism. B. Avoid using oxygen since anaerobic metabolism provides more ATP per molecule of carbohydrate than aerobic metabolism. C. It doesn't matter; both processes will produce the same results.

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_____ are intraorganizational networks that support web applications and help HR managers post position vacancy announcements for employees to peruse and consider from their own PCs.

Fill in the blank(s) with the appropriate word(s).

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The challenge that companies today sometimes have is that they are departmentalized and act independently of each other. One solution that can help a company work ________ includes management information systems.

A. Variables B. Interdependently C. Human resource data D. Resource information systems

Business

______ can seek investment from social venture capitalists known as impact-investment funds.

a. Both nonprofit and for-profit organizations b. Only nonprofit organizations c. Only for-profit organizations d. Only social purpose ventures

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