Anumber of years ago, kay acquired an interest in a partnership in which she is not a material participant. kay's basis in her partnership interest at the beginning of 2014 is $40,000. kay's share of the partnership loss is $35,000 in 2014, while her share of the partnership income is $15,000 in 2015. assuming she owns no other passive activities. if an amount is zero, enter "0".a. in 2014, kay can deduct $ 0 of the passive losses. b. in 2015, kay can deduct $ 15000 of the passive losses. c. after deducting the passive loss, the remaining $ of the 2014 passive loss is carried forward to 2016.

Aeuropean aircraft producer has spent 15 years in developing a new aircraft that would potential threaten long-lasting boeing's dominance (monopoly) in the same class of aircrafts. the new european aircraft gets high marks on all performance measures except noise. because of the noise, the european producers management is concerned that the us government may impose restrictions which would forbid their aircraft to land in some of the american airports. without restrictions the estimated (present discounted) profit would be 125 million usd. with the restrictions the profit would only be 25 million usd. the chances of both outcomes are estimated to be 50-50. management must decide now whether to the cost of redesign program problem and a 60% chance it will fail. should the european aircraft producer start the noise redesign program if they do not have any redesign parts of the aircraft to solve the noise problem. is 25 million usd. there is a 40% chance that redesign will solve the noise additional information than mentioned above? draw the decision tree, indicate probabilities and outcomes of the events * imagine that the company could find out in advance the outcome of the u.s. government's e find the expected value of perfect information about the u.s. government's decision. decision. draw a new decision tree, indicate probabilities and outcomes of the events.