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mezya [45]
2 years ago
8

Christina, who is single, purchased 140 shares of Apple Incorporated stock several years ago for $8,400. During her year-

Business
1 answer:
insens350 [35]2 years ago
4 0

Christina's deductible loss on the sale of 70 shares is $0 and  her basis in the 70 new shares is $4,340.

<h3 /><h3>Deductible loss</h3>

a. Her deductible loss will be $0 because no deductible loss.

b. Basis in the new shares

Loss=3,850-(8,400×70/140)

Loss=3,850-(8,400×0.5)

Loss=3,850-4,200

Loss=350

New shares basis =350+ 3,990

New shares basis =350+3,990

New shares basis =$4,340

Inconclusion Christina's deductible loss on the sale of 70 shares is $0 and her basis in the 70 new shares is $4,340.

<h3 />

Learn more about  deductible loss here:brainly.com/question/2231991

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How should an organization think about cyber defense? What are the limits of a ‘perimeter-oriented’ security posture?
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Answer:

In the explanation is a short point of view about the cyber defense and the perimeter oriented posture.

Explanation:

To begin with, the concept known as "Cibersecurity" refers to the process of protection of computer systems and everything related to them like softwares, hardwares or any electronic data that could be harmful and sensitive for the company. The reason why this type of practice has been rising up the last years is due to the fact that the "internet of things" has been growing up as well and everyday the companies need to protect their information more and more. Moreover, the "perimeter-oriented" security posture implicates the focus on the external networks as being bad and on the other side the internal networks as being good and stable. So the reason why the companies should consider the cyber defense important is because they need to protect all the information that could be use against them.

4 0
3 years ago
What is a natural monopoly?
Lubov Fominskaja [6]

Answer:

D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.

A. Municipal Power Light, the local supplier of electricity.

Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.

WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.

The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.

6 0
3 years ago
Which one of the following statements is TRUE? a. Company sponsorship of a local charity is an example of a nonpecuniary benefit
mojhsa [17]

Answer: c. An inside director is a board member who also holds a managerial position in the company

Explanation:

Inside Directors are indeed Board members who are employees/ hold managerial positions in the company.

They are in a unique position to help the board in Corporate Governance because as they are on the ground, they have specialized knowledge of the company and as such can provide complete information to the Board.

They typically include a Company's top executives such as the CEO, CFO and the COO.

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Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55
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Answer: c. Debt Service Fund and General Fund

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The Sinking fund is a Debt Service Fund as it was created to retire some general obligation bonds. Every transaction that had to do with the retirement of debt as well as contribution to the retirement of debt would go in this account.

The General fund is also needed because this is the main fund of a Government entity. Everything that does not go through special funds is recorded here. This Fund therefore would show that the city made a $550,000 contribution to the sinking fund.

4 0
3 years ago
Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represe
Shkiper50 [21]

Answer:

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I hope my answer helps you.

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