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3 years ago

Which of the following is a deductible loss for income tax purposes?

Business

1 answer:

shutvik [7]3 years ago

6 0

Answer:

d. Net long-term capital losses in excess of $3,000.

Explanation:

A net long-term capital losses in excess of $3,000 is a deductible loss for income tax purposes.

For instance, in a tax year, if an individual has up to $3,000 of net long-term capital losses, this would be considered a form of income rather than a capital gain.

Furthermore, if an individual accrues a net long-term capital losses in excess of $3,000, this loss is deductible and are carried over indefinitely to subsequent tax payments in the future.

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________ refers to the impaired decision making that occurs in a team when making the right decision is less important than main

aleksandrvk [35]

Answer:

competition

Explanation:

team members be competing against each other

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2 years ago

A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi

aleksklad [387]

Answer:

The future value of an annuity (FVA) is $828.06

Explanation:

The future value of an annuity (FVA) is the value of payments at a specific date in the future based on the payments being recurring and assuming a discount rate. The future value of an annuity (FVA) is based on regular cash flow. The higher the discount rate, the greater the annuity's future value.

$FVA= P * \frac{(1+r)^n-1}{r}$

Where:

FVA is The future value of an annuity (FVA)

P is payment per period

n is the number of period

r is the discount rate

Given that:

P = $195

r = 4% = 0.04

n = 4 years

$FVA= P * \frac{(1+r)^n-1}{r}$

substituting values

$FVA= 195 * \frac{(1+0.04)^4-1}{0.04}=195*4.246=828.06\\FVA=824.06$

The future value of an annuity (FVA) is $828.06

4 0

3 years ago

Read 2 more answers

Match each feature with the savings account type.

Marysya12 [62]

<u>1. Basic savings account </u>

-allows ATM withdrawals

-allows money transfer

A savings account is an interest bearing deposit account held at a bank or other monetary foundation that gives an unassuming loan fee. The budgetary organizations may constrain the quantity of withdrawals you can make from your investment account every month. They additionally may charge expenses except if you keep up a specific normal month to month balance in the record. In most cases banks don't give checks investment accounts.

-offers a higher interest rate

-has a maturity date

A certificate of deposit is a consent to store cash for a settled period with a bank that will pay you premium. You can contribute for three months, a half year, one year or five years. You will get a higher loan fee for the more drawn out time duty. You guarantee to leave all the cash, in addition to the enthusiasm, with the bank for the whole term.

Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.

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3 years ago

Read 2 more answers

The stated purposed of NAFTA is to A. gain membership in the WTO. B. reduce the outsourcing of jobs to foreign countries. C. pha

jekas [21]

Answer:

C. phase out all trade and tariff barriers among Canada, Mexico, and the U.S

Explanation:

The North American Free Trade Agreement (NAFTA)

This agreement creates a bloc of trade for the region, Canada, Mexico and the US.

As state on "C" It result in the elimination or reduction of barriers to trade and investment between the countries.

It will be replaced in the following year by the United States–Mexico–Canada Agreement (USMCA)

But NAFTA will keep working until this new agreement is finished.

4 0

3 years ago

When an investment bank ________ securities, it guarantees a price for a corporation's securities and then sells them to the pub

ankoles [38]

When investment banks underwrite securities, they guarantee the value of the company's securities before selling them to the public.

Investment securities are a class of securities (transferable financial assets such as stocks and bonds) that are purchased for the purpose of being held for investment purposes.

When an investment bank and a company reach an agreement to underwrite (also known as a firm commitment), the investment bank purchases new securities at an agreed price and sells the securities generally at a premium to cover all costs. We will resell. They include costs associated with the sale.

There are four main types of securities. Bonds, equities, derivative securities, and hybrid securities that combine bonds and equities.

Learn more about investment bank at

brainly.com/question/25787830

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6 0

1 year ago