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olga2289 [7]
3 years ago
14

Al, who is single, has a gain of $40,000 on the sale of § 1244 stock (small business stock) and a loss of $80,000 on the sale of

§ 1244 stock. As a result, Al has a $40,000 ordinary loss. True False
Business
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

False

Explanation:

Given that

Gain on the sale = $40,000

And loss on the sale = $40,000

So by considering the above information ,

So, the gain on sale i.e $40,000 would be classified as a capital gain and the $80,000 would be classified as a ordinary loss which is to limited of $50,000

So, the remaining balance i.e

= $50,000 - $40,000

= $10,000

This $10,000 would be term as capital gain

Hence, the given statement is false

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Automation of a process activity consists of moving work from the ________ of the symmetrical five-component framework.
horsena [70]

Answer:

human side to computer side

Explanation:

Automation of a process activity consists of moving work from the human side to computer side of the symmetrical five-component framework.

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3 years ago
Difference between honors and regular classes
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Honor classes are harder and require a B average. Regular classes are easier even though the same material is included in both.
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3 years ago
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Leona bought two different brands of wine from vineyards in Australia. When asked for her opinion about the wines, she said that
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Answer:

Post-Purchase Evaluation.

Explanation:

There are five stages of purchase decision making process as given below

  1.    Problem Recognition.
  2.    Information Search.
  3.    Evaluation of Alternatives.
  4.    Purchase Decision.
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Since Leona has bought the product it will be post purchase act and also she is examining the taste of product, she is in the evaluation process of the product and hence she is in post purchase evaluation stage of buyer decision process.

3 0
3 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
kramer

Answer:

Allison should record the purchase at $5880

Explanation:

The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.

Based on the above, the purchases would be recorded as shown below:

cost of purchase=original purchase value*(100%-discount rate)

original purchase price is $6,000

discount rate is 2%

cost of purchase=$6000*(100%-2%)

                           =$6000*98%

                            =$5880

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3 years ago
Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries p
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Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries purchase part of an economy's output, this is called Gross Domestic Product [GDP],

<h3>Gross Domestic Product</h3>

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

Although it is often calculated on a yearly basis, GDP can also be computed on a quarterly basis. For instance, the US government estimates the annualized GDP for the entire year as well as each fiscal quarter.

To know more about 'GDP', visit :brainly.com/question/1383956

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2 years ago
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