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VMariaS [17]
3 years ago
5

Near the end of 2018, Byron realizes that he has a net short-term capital loss of $13,000 for the year. Byron has taxable income

(not including the loss) of $123,000 and is single. He owns numerous stocks that could be sold for a long-term capital gain.
a. What should he do before the end of 2018?
Business
1 answer:
BigorU [14]3 years ago
8 0

Solution:

Short-term capital loss of $13,000

Taxable income (not including the loss) of $123,000

He has several inventories, which can be marketed for a long-term profit.

Since Byron can only deduct $3,000 for the capital loss he must sell stock at a capital gain of $10,000 to offset the amount over the $3,000 deduction maximum.

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leonid [27]

Answer:

profit margin

Explanation:

There are two main earnings to sale ratios:

  1. Profit margin that is calculated by dividing net profit by total sales. Generally a 5% ratio is considered low, a 10% ratio is considered average, and a 20% ratio is considered high.
  2. EBITDA to sales ratio is calculated by dividing earnings before interest, tax, depreciation and amortization (EBITDA) by total sales. It shows the ratio of earnings after operating expenses and it excludes the capital structure of the company. The use of this ratio is more limited than profit margin, but it can show us important information by excluding non-controllable factors like taxes, interests, etc.
4 0
3 years ago
"A municipal bond dealer quotes an 8 year 6% bond trading in the secondary market on a 4% basis. After considering all taxes, th
tensa zangetsu [6.8K]

Answer:

more than 4% but less than 6%

Explanation:

Given that the new quotes for a 4% bond trading in the secondary market are higher than 4% which is actually a 6% basis, thus, it is expected that the customer's yield to be greater than the initial 4%. However, given that, we are looking for the customer's yield after-tax, then the net customer's yield will be less than 6%.

Therefore, the right answer is that the customer's yield will be MORE THAN 4% but LES THAN 6%.

6 0
3 years ago
The disadvantage of owning a mutual fund that invests in common stocks is the risk of loss of ___.
Ludmilka [50]

Answer:

"Principal" Since the value of common stock could decline to zero, investors do carry the risk of losing their entire principal. That risk is greatly reduced when investing in bonds, because if you hold a bond to its maturity date, you will at least get back the par value ($1000) of the bond.

Hope this helps :) -Mark Brainiest Please :)

5 0
3 years ago
On January 5, Merkel Inc. purchases office equipment for its new branch office from Norbert Company. Merkel requests that the eq
Marianna [84]

Answer:

The answer is: January 5

Explanation:

This is a bill and hold arrangement which enables payment ahead of the delivery of the equipment.

Once Merkel places the purchase order, it should record the cost of the office equipment. It is usual that companies pay in advance a percentage of the total cost and the rest when the equipment is delivered.

8 0
4 years ago
Who wanna join zoom im bored
Lemur [1.5K]

Answer:lol

Explanation:lol

4 0
4 years ago
Read 2 more answers
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