Marian Owns 40% of Addison Company, a Partnership

question 32

Multiple Choice

Marian owns 40% of Addison Company, a partnership. Marian's adjusted basis in the partnership is $32,000 at the beginning of the year. During the current year, Marian receives a $10,000 cash distribution from the partnership. Addison Company reports a $100,000 operating loss for the current year. If Marian is not a material participant in Addison Company and has no other passive activities, how much of the partnership loss can she deduct on her income tax return?

• A)$-0-
• B)$10,000
• C)$22,000
• D)$40,000

Acknowledge the external requirements and benefits of ongoing staff education and new-employee orientations.

Understand the methods and importance of assessing training needs through performance observation.

Grasp the opportunity and methods for cross-training employees within a department.

Understand the impact of employee training on addressing customer complaints and improving service quality.

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Definitions:

Widths

Widths refer to the measure of the extent of something from side to side; in data visualization, it could refer to the thickness of lines or bars.

Scale

An ordered series of marks at fixed intervals used in measurements or to represent the relationship of numbers.

Bar Chart

A visual representation using bars of varying lengths to show comparisons among categories.

Graphical Deception

The misuse or poor design of graphs that mislead or confuse the viewer, often resulting in incorrect interpretations of data.