The end of the year is approaching, and maxine has begun tofocus on ways of minimizing her income tax liability. several years ago she purchased an investment in teal limited partnership, which is subject to the at-risk and the passive activity loss rules. (last year maxine sold a different investment that was subject to these rules but produced passive income.) she believes that her investment in teal has good long-term economic prospects. however, it has been generating tax losses for several years in a row. in fact, when she was discussing last year’s income tax return with her tax accountant, he said that unless "things change" with respect to her investments, she would not be able to deduct losses this year. need answers as follows: a. what was the accountant referring to in his comment? b. you learn that maxine’s current at-risk basis in her investment is $1,000 and thather share of the current loss is expected to be $13,000. based on these facts, how will her loss be treated? c. after reviewing her situation, maxine’s financial adviser suggests that she invest at least an additional $12,000 in teal to ensure a full loss deduction in the current year. how do you react to his suggestion? d. what would you suggest maxine consider as she attempts to maximize her current year deductible loss?

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'