Farell is a member of sierra vista llc. although sierra vista is involved in a number of different business ventures, it is not currently involved in real estate either as an investor or as a developer. on january 1, year 1, farell has a $100,000 tax basis in his llc interest that includes his $90,000 share of sierra vista’s general debt obligations. by the end of the year, farell’s share of sierra vista’s general debt obligations has increased to $100,000. because of the time he spends in other endeavors, farell does not materially participate in sierra vista. his share of the sierra vista losses for year 1 is $120,000. as a partner in the riverwoods partnership, he also has year 1, schedule k-1 passive income of $5,000. farell is single and has no other sources of business income or loss. (leave no answer blank. enter zero if applicable.) a-1. determine how much of the sierra vista loss farell will currently be able to deduct on his tax return for year 1. a-2. list the losses suspended due to tax-basis, at-risk, and passive activity loss limitations.

Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes

You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided