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IrinaK [193]
3 years ago
13

Ten years ago, Ginny inherited $50,000 from her grandmother. She decided to invest all of this money in GE stock. Suppose she de

cides to sell the stock today so she can purchase her first home. The sale price of the stock is $64,500. Calculate the size of Ginny's taxable capital gain.
Business
1 answer:
leva [86]3 years ago
8 0

Answer:

$14,500

Explanation:

The size of Ginny's taxable capital gain = $64,500 - $50,000 = $14,500

Note: Capital gains tax is a tax on the profit realized on the sale of a non-inventory asset.

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For measuring a journal for out-of-round, measurements should be taken every ________ degrees around the journal
devlian [24]

Answer:

120 degrees

Explanation:

A Cylinder out of Round is the difference of diameter when measured parallel to crankshaft and then perpendicular to the same at top of the cylinder.

To measure a journal for out of round, its measurement must be taken at 120 degrees, using a bore gauge.

Cheers

6 0
3 years ago
Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
I am Lyosha [343]

1.  Dr Merchandise inventory    25100

                Cr  Accounts payable       25100

        (To record purchase of inventory on account)

2. Dr Merchandise inventory   530

               Cr  Cash                          530

       ( To record freight cost )

3. No entry

4.  Dr Accounts payable   3600

             Cr  Merchandise inventory    3600

       ( To record purchase return)

5.  Dr Accounts payable   ( 25100-3600)  21500

                         Cr  Cash                                        21500

      (To record paid the amount due).

4 0
2 years ago
The Up and Coming Corporation's common stock has a beta of 0.9. If the risk-free rate is 4 percent and the expected return on th
Mashutka [201]

Answer:

r = 0.139 or 13.9%

Option e is the correct answer

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

  • rRF is the risk free rate
  • rM is the market return

r = 0.04 + 0.9 * (0.15 - 0.04)

r = 0.139 or 13.9%

8 0
2 years ago
International marketing can be defined as
malfutka [58]

Answer: Option B

           

Explanation: As the name suggests, international marketing refers to the process under which a company uses various marketing tools to operate their marketing activities in more than one country.

Generally, different marketing tills and strategies are implemented for different countries as the preference and needs of individuals differs all around the globe.

For example- Starbucks is a popular brand for their variety in coffee but in China they market their tea products more due to general preference of individuals towards tea more than coffee.

6 0
2 years ago
Korte Company reported the following information for 2014:
sergejj [24]

Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue                             $1,500,000

Cost of goods sold                      (1,050,000)

Gross profit                                      450,000

Operating expenses                      (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities   50,000

Dividends received                             6,000

Comprehensive income               $341,000        

4 0
3 years ago
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