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Flauer [41]
3 years ago
9

For the current year, David has wages of $80,000 and the following property transactions:Stock investment sales— Long-term capit

al gain $ 9,000Short-term capital loss (12,000)Loss on sale of camper (purchased 4 years ago and used for family vacations) (2,000)What is David's AGI for the current year?a.$78,000.b.$89,000.c.$77,000.d.$76,000.e.None of these choices are correct.
Business
1 answer:
skad [1K]3 years ago
8 0

Answer:

Option (c) is correct.

Explanation:

Given that,

For the current year,

Wages = $80,000

Long-term capital gain = $9,000

Short-term capital loss = $12,000

Loss on sale of camper (purchased 4 years ago and used for family vacations) = $2,000

David's AGI for the current year:

= Wages - Short-term capital loss + Long-term capital gain

= $80,000 - $12,000 + $9,000

= $77,000

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3 years ago
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Yuengling is the oldest brewery in the United States. It was founded in 1827 in a time when small breweries dotted the nation. F
Doss [256]

Answer:

Niche competitive advantage

Explanation:

A niche competitive advantage is gained when a business targets a small segment of the market and effectively serves them.

Forming a niche market leads to less competition as the business is specialised in this field, there is clear focus as a small targeted customer base is to be satisfied, and results in specialised skills or market expertise.

Yuengling only sold in a ten-state area on the Eastern Seaboard for over 170 years, giving them a niche competitive advantage.

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3 years ago
if N lekin's beginning capital balance shown on a statement of owner's equity is 100,000. net income for the period is
OLga [1]

Answer:

$125,000

Explanation:

The computation of the owner's capital balance at the end of the period is shown below:-

Owner's Capital balance at the end = Capital balance in the beginning + Additional investments + Net Income - Withdrawals

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Therefore for computing the owner's capital balance at the end we simply applied the above formula.

3 0
3 years ago
The mars climate orbiter crashed on the surface of mars becausea. one program output thrust in terms of foot-pounds, and another
klasskru [66]

Answer:

The correct answer is A. The Mars Climate Orbiter crashed on the surface of Mars because one program output thrust in terms of foot-pounds, and another program expected thrust to be expressed in terms of newtons.

Explanation:

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The Mars Climate Orbiter was destroyed when a navigation error caused the probe to be improperly elevated as it entered orbit. The vehicle was destroyed by the friction and stresses in Mars' atmosphere. An investigation showed that some data for the rocket system were calculated in English units (pound-force-second) while the navigation team expected SI units (Newton-second).

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3 years ago
Which of the following statements is true? Group of answer choices The glass ceiling allows women to efficiently strike a balanc
riadik2000 [5.3K]

Answer:

C. Policies that encourage  sequencing are needed to recruit women with children into the full-time workforce.

Explanation:

Most women with children are faced with the task of combining career and raising children. With the world ever evolving today most women pursue several careers. In order not to limit their abilities, job sequencing policies are needed to allow women effectively combine career and family.

Job sequencing is applied when jobs are chosen based on abilities to meet deadlines. It can be used for women who decide to re-enter the work environment after being away perhaps in the course of taking care of their families.

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