Answer:
$8,940
Explanation:
For computing the amount of the gain first we have to need to do the following calculations
a. Net short term gain or loss is shown in the attachment
b. Net long term gain or loss is shown in the attachment
c. Net capital gain arise from these transactions are as follows
= Short term capital gain or loss + Long term capital gain or loss
= -$240 + $9180
= $8,940
d.The whole net capital gain of $8,940 will be taxable at a preferential rate.
Answer:
what the company wants to become, and its long-term direction and strategic intent
Explanation:
Vision statement is a long term road map of the direction a business needs to take in order to achieve its set goals and objectives. It usually undergoes little revision.
However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.
In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent
Answer:
guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk
Explanation:
Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.
Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."
Answer:
The answer is option C. achieve economies of scope.
Explanation:
An Economies of scope is a proportionate saving gained by producing two or more distinct goods, when the cost of doing so is less than that of producing each separately.
Based on the scenario portrayed in the question, the office management firm is hoping to achieve economies of scope.
Answer:
Normative
Positive
Normative
Positive
Explanation:
Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.
For example, the statement , In some circumstances, if taxes are lowered,
government revenues actually increase, can be tested and it has it basis in economic theory
Normative economics is based value judgements, opinions and perspectives. For example, the statement - taxes are too high - is based on opinion. To some it is too high while to others it would be too low
