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kotegsom [21]
3 years ago
10

Ms. Crocker bought 1,000 shares of EMO Corporation stock for $10,000 on January 20, 2017. On December 28, 2018 she sold all 1,00

0 shares of her EMO stock for $9,000. Based on a hot tip from her friend, she bought 1,000 shares of EMO stock on January 15, 2020 for $7,000. What is Ms. Crocker’s recognized loss on her 2019 sale and what is her basis in her 1,000 shares purchased in 2020?
$0 LTCL and $7,000 basis.$0 LTCL and $8,000 basis.$1,000 LTCL and $7,000 basis.$1,000 LTCL and $8,000 basis.None of the choices are correct.
Business
1 answer:
Ede4ka [16]3 years ago
4 0

Answer:

The answer is: Ms. Crocker LTCL is $0 and her basis for her 1,000 shares purchased in 2020 is $8,000

Explanation:

Ms. Crocker initially bought 1,000 stocks at $10,000, then she sold her stock at $9,000 losing $1,000. Then she again bought the same stock for $7,000. She can offset her initial loss ($1,000) and instead add it to the value of the stock purchased later. So instead of having 1,000 shares with a $7,000 value, she can value her stock at $8,000.

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You are responsible for staffing a decision-making team that must be able to share information openly and honestly to perform we
MakcuM [25]

Answer:

The correct answer is letter "C": Communication abilities.

Explanation:

Decision-making teams are those that analyze diverse information of a company such as financial statements to find out what the best course of action for the company is. If the <em>Human Resources</em> (HR) department of a company has the task of hiring individuals who will be in charge of the decision-making and share of those choices, the profile of the applicant must meet optimal communication abilities.

<em>Empathy, confidence, clarity, </em>and <em>cohesion</em> are the characteristics employees must have to transmit ideas to other workers effectively whether the news is positive or negative.

5 0
3 years ago
To create shareholder value via diversification, a company must get into new businesses that are profitable ____ (A) diversify i
Artyom0805 [142]

Answer:

D

Explanation:

According to my research on conglomerate business strategies, I can say that based on the information provided within the question a company must diversify into businesses that can perform better under a single corporate umbrella than they could perform operating as independent, stand-alone businesses.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
4 years ago
Suppose France can produce four phones or three computers with one unit of labor, and Sweden can produce one phone or two comput
Fynjy0 [20]

Answer:

France should specialize in producing phones and import computers from Sweden

Explanation:

France can produce: 4 phones or 3 computers

The opportunity cost of producing 1 phone = (3 ÷ 4)

                                                                        = 0.75 computers

The opportunity cost of producing 1 computer = (4 ÷ 3)

                                                                        = 1.33 phones

Sweden can produce: 1 phone or 2 computers

The opportunity cost of producing 1 phone = (2 ÷ 1)

                                                                        = 2 computers

The opportunity cost of producing 1 computer = (1 ÷ 2)

                                                                        = 0.5 phones

According to the comparative advantage,

Sweden has a comparative advantage in producing computers because the opportunity cost of producing computers is lower for Sweden than for France.

France has a comparative advantage in producing phones because the opportunity cost of producing phones is lower for France than for Sweden and import computers from Sweden because Sweden has a comparative advantage in producing computers.

7 0
3 years ago
Pepe, Incorporated acquired 60% of Devin Company on January 1, 2017. On that date Devin sold equipment to Pepe for $45,000. The
krek1111 [17]

Answer:

The loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000

Explanation:

By using the given information which is mentioned in the question, first we have to calculate the book value of equipment.

So, the book value of the equipment is equals to

= Cost price - accumulated depreciation

= $120,000 - $66,000

= $54,000

Now we can calculate the loss or gain on sale of equipment which is equals to

= Sale price - book value

= $45,000 - $54,000

= - $9,000

Since, the amount shows negative which means the company has suffered a loss of $9,000 on equipment

The other things like net income of 2017 and 2018 is irrelevant because it tells the net income of overall company not for equipment. So, it is not being considered while computation

Hence,  the loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000

7 0
4 years ago
________ are the standards stating the amount salespersons should sell and how sales should be divided among the company's produ
Alina [70]

Answer:

<u>Sales Quotas</u>

Explanation:

Sales quotas specify the quantum of sales standards in terms of monetary value of sales that must be effected by salespersons and the segregation of sales among different products of a company.

Such quotas help in creating an incentive system i.e performance above standards which would be rewarded, and thus serve as a motivation for sales force.

Such a mechanism also helps in comparing and analyzing the sales trends of the past, the standards set and how effectively the standards have been met.

This helps in ascertaining and evaluating productivity of a sales team and defines efficient performance.

8 0
3 years ago
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