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Elan Coil [88]
3 years ago
14

Three years ago, Adrian purchased 365 shares of stock in X Corp. for $68,620. On December 30 of year 4, Adrian sells the 365 sha

res for $61,320.
A. Assuming Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 4 tax return?
B. Assume the same facts as in part (A), except that on January 20 of year 5, Adrian purchases 365 shares of X Corp. stock for $61,320. How much loss from the sale on December 30 of year 4 is deductible on Adrian's year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5?
Business
1 answer:
lidiya [134]3 years ago
8 0

Answer:

The answer is b

Explanation:

im 100 percent sure of my answer

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Which example below best describes a longitudinal design in a descriptive research project? A. A panel that consists of househol
adoni [48]

Answer:

A. A panel that consists of households that provide purchasing information at specified intervals over an extended period

Explanation:

Longitudinal design in research is a method that involves repeated examination of the same variables over a short or long term to see if there is any changes that occur.

A fixed sample is measured repeatedly to gain information.

A panel that consists of households that provide purchasing information at specified intervals over an extended period, is an example of longitudinal design.

The fixed sample is the panel of households, and they repeatedly provide purchasing information.

So the same sample is measured continuously over a period of time

4 0
3 years ago
1) The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: po
nevsk [136]

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

Pollution control has been allocated is $37,000

As a percentage

= $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. Community project

community project has been allocated $22,500

As a percentage

= 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

The amount allocated to employee fitness is $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

4. The total amount spent is

=, $37,000 +$22,500 +$7,500.

=$67,000

7 0
2 years ago
Having just one error on a cover letter may eliminate an applicant from being considered for employment. t/f
erma4kov [3.2K]
True   employers look for perfection
8 0
3 years ago
Read 2 more answers
Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
babunello [35]

Answer: Clay Company

Explanation:

Based on the information given, the current, previous year and two previous years beforehand profit margins of Clay company are greater than the corresponding profit margins of Roak company.

This means that Clay company has a better profit margin and shows that they retain a higher percentage of their revenue after costs are taken out as opposed to Roak company.

8 0
2 years ago
You are considering investing in the stock of PartyWagon, Inc. You expect a dividend of $1.25 next year, $1.31 in year 2, and $1
stich3 [128]

Answer: 29.93%

Explanation:

You can use Excel to solve for this.

Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).

Initial investment = $32

First cashflow = $1.25

Second cashflow = $1.31

Third cashflow = $1.38 + $65 selling price = $66.38

IRR = 29.93%

6 0
2 years ago
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