In 2017, Glenn Recorded a $108,000 Loss on a Passive

question 103

Multiple Choice

In 2017, Glenn recorded a $108,000 loss on a passive activity. None of the loss is attributable to AMT adjustments or preferences. She has no other passive activities. Which of the following statements is correct?

• A)In 2017, Glenn can deduct $108,000 for regular income tax purposes and for AMT purposes.
• B)Glenn reports a $108,000 tax preference in 2017 as a result of the passive activity.
• C)For regular income tax purposes, none of the passive activity loss is allowed in 2017.
• D)In 2017, Glenn reports a positive adjustment of $25,000 as a result of the passive activity loss.

Calculate the net present value (NPV) of a cash stream.

Identify optimal supply chain configurations under varying demand conditions.

Apply decision tree analysis to supply chain management decisions.

Evaluate the impact of economic factors such as exchange rates and inflation on global supply chains.

---

Definitions:

Cyclical Theories

Theories that suggest phenomena or events occur in repetitive cycles or patterns, often applied in economics, history, and sociology.

Birthrate

The number of babies born each year for every 1000 members of the population.

Undercount

involves the failure to accurately count or record all instances or numbers in a given context, often referring to population counts in censuses.

Census

A count of the entire population of a country.