Alex, who is single, conducts an activity in 2019 that is appropriately classified as a hobby. the activity produces the following revenues and expenses: revenue $18,000 property taxes 3,000 materials and supplies 4,500 utilities 2,000 advertising 5,000 insurance 750 depreciation 4,000 without regard to this activity, alex's agi is $42,000. determine the amount of alex's taxable income assuming he has not other itemized deductions. the standard deduction for single taxpayers is $12,000. taxable income: $

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.