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dsp73
3 years ago
10

Agnes sold 50 shares of ABC stock to her son, Steve, in year 4 for $42,000. She bought the stock eight years ago for $50,000. St

eve sold the stock to an unrelated party in year 6 for $60,000. How much gain will Steve recognize from the sale in year 6?
Business
1 answer:
DENIUS [597]3 years ago
4 0

Answer:

None, he will have to declare by the beginning of year seven

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According to Levitt, which of the following statements is true? A. Technology drives the world toward a converging commonalty B.
trapecia [35]

Answer:

the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.

Explanation:

Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".

One of the main forces he identified was technology.

It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.  

It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.

8 0
3 years ago
When scheduling appointments, it's necessary to schedule adequate time to ensure an appropriate
swat32

Answer:

a full schedule

Explanation:

the answe

3 0
3 years ago
6. If negative float appears on a partial path (until certain activity), the most likely explanation is: a. One or more activiti
mixer [17]

Answer:

Negative Float on a Partial Path:

c. The project is meeting its expected completion date but a certain activity/ event on that path is not meeting its expected completion date.

Explanation:

Float is the quantification of delays in a project.  Negative float means that there is a delay exceeding the intended or allowed float by an ascertainable time.  This means that float is about the time when an activity takes longer than originally planned.  Some projects have inbuilt standard float which had been computed based on past experience of similar projects, with some allowances made for different expected scenarios.

4 0
4 years ago
A line which has a slope of O is<br> O A. undefined<br> B. horizontal<br> C. Zero<br> D. vertical
ANEK [815]
It can be Undefined or Zero
8 0
3 years ago
Last year Mike bought 100 shares of Dallas Corporation common stock for $35 per share. During the year he received dividends of
jolli1 [7]

Answer:

Rate of return is 13.2%

Explanation:

Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62

Rate of Return = Total return During the period / Initial Price of the stock

Rate of Return = $4.62 / $35 = 0.132 = 13.2%

3 0
3 years ago
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