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3241004551 [841]
3 years ago
9

Bruce receives 20 stock rights in a nontaxable distribution. The stock rights have an FMV of $5,000. The common stock with respe

ct to which the rights are issued has a basis of $4,000 and an FMV of $120,000. Bruce allows the stock rights to lapse.
He can deduct a loss of:


A) $0.


B) $1,000.


C) $5,000.


D) none of the above
Business
1 answer:
svlad2 [7]3 years ago
4 0

Answer:

c. $5,000

Explanation:

Bruce can deduct loss of $5,000

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10. Which of the following factors should be considered when deciding on a career choice? Select
Keith_Richards [23]

Answer:

Explanation:

A career is a type of occupation that is done during a specific period of time. Careers offer a chance for progress. When choosing a career, one should consider the following factors;

1. Job requirements

One should consider the job requirements of that particular career since these requirements always determine how well one will perform in his/her career. The job requirements to be considered are; education level, level of expertise needed, and the experience.

2. Short-term goals

A short term goal is a set of predetermined achievements that one needs to attain usually in a short time frame. A career is an undertaking that is always long-term and therefor needs long-term goals rather than short-term goals.

3. Skills and interests

A skill is a particular set of capabilities that enables one to perform better at a certain job. Some careers need a specific set of skills that if one cannot develop or acquire, then the career undertaking might prove very difficult. An interest is something that you like. It is always advisable to choose a career that you are interested in, since this gives one the passion to pursue it.

4. Ease of job search

The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.

4 0
3 years ago
The management of Charlton Corporation is considering the purchase of a new machine costing $380,000. The company's desired rate
VikaD [51]

Answer:

d. 4 years

Explanation:

Cash payback period is the time on which the company receive from the investment the same amount of money investment

cash fows = investment

regardless of discount or interest rates or changes in the value of the equipment. It is just answerng:

I put 100,000 dollars in the project, when I get 100,000 dollars back ?

The usual formula will be:

\frac{investment}{cash \: flow} = payback

380,000/ 95,000 = 4 years

7 0
3 years ago
What type of advertising communicates the specific features, values, and benefits of a product offered by a particular company?
steposvetlana [31]

Answer:

c. brand advertising

Explanation:

<em>c. brand advertising </em>

It engage the consumer to purchase the product or service being advertised.

a. internal advertising

this adverize is done to hire vacants inside the company instead of hiring from utside the company

b. corporate advertising

Is done to put into radar of consumer the entire organization or company. It d not advertize for an individual brand or product.

d. institutional advertising

It is done to focus on the benefits, ideas, or philosophies of the organization. It is done to iprove the reputation. It buils positive image. It do not sale a product or service.

8 0
3 years ago
Example of direct cost
vichka [17]

Answer:

Direct labor.

Direct materials.

Manufacturing supplies.

Wages for the production staff.

Fuel or power consumption.

plz follow me

7 0
3 years ago
Vasguez Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $20,000 CR. During 2020, it wrote off $14,400
Ket [755]

Answer:

a. $14,200

Explanation:

The computation of the bad debt expense is shown below:

Balance in Allowance for doubtful Accounts = Opening Balance in Allowance for Doubtful Account - Accounts Wrote Off  + Bad debts recovered

= $20,000 - $11,400 + $4,200

= $9,800

And, Closing Balance is

= $480,000 × 5%

= $24,000

So, the bad debt expense is

= $24,000 - $9,800

= $14,200

We simply applied the above calculations

5 0
4 years ago
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