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borishaifa [10]
3 years ago
14

On August 1, 2018, Kira purchased 100 shares of ITC stock for $5,000. There were no subsequent adjustments to her basis. On Augu

st 1, 2019, she sold 50 shares for $1,800. On August 31, 2019, she sold the other 50 shares for $3,400. Kira has a: ___________
a. Short-term loss of $200.
b. Short-term loss of $700 and a long-term gain of $900.
c. Long-term gain of $200.
d. Long-term loss of $700 and a short-term gain of $200.
Business
1 answer:
padilas [110]3 years ago
8 0

Answer:

b. Short-term loss of $700 and a long-term gain of $900.

Explanation:

August 1, 2018, price per share $50

August 1, 2019, sold 50 shares at $36, resulting in a short term capital loss of ($700)

August 31, 2019, sold 50 shares at $68, resulting in a long term capital gain of $900

If you own a stock for 1 year or less, any gain/loss will be considered short term. If you own a stock for more than 1 year, any gain/loss will be considered long term.

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Your total sales during a six-hour shift were $1,200. Your individual performance in terms of sales per hour would be:
Anit [1.1K]

Answer:

b. $200

Explanation:

The computation of the individual performance is shown below:

= Total sales ÷ number of shift hours

= $1,200 ÷ 6 hours

= $200

It means that per hour, the individual performance is $200

We simply divide the total sales by the number of shift hours, so that the sales per hour can determined

It shows a relationship between the total sales and the number of shift hours

4 0
3 years ago
Is it possible for a company to initiate two products that target the same market that are not mutually exclusive?
Nutka1998 [239]
It is possible but there should be some type of criteria that needs to be met. For example, the market should have room for both products and the other important thing to have in mind is that the company must have sufficient resources in order to produce both products simultaneously. 
4 0
3 years ago
A company's ____________ is the percentage of the total target market for the product that belongs to the company.
ikadub [295]

Answer:

B. market share

Explanation:

Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.

8 0
3 years ago
Read 2 more answers
1. Demand curves faced by individual firms in a competitive market are thought to be perfectly elastic while the demand curve fa
eimsori [14]

Answer:

A). The demand curve looked by the flawlessly serious firms are splendidly versatile this is a result of the items selling in the ideal rivalry. The items are indistinguishable so no firm has power over the market cost, in the event that one firm builds the cost of the item the purchasers will quickly move to the result of different firms on the grounds that the items are indistinguishable. No firm has the motivator lessen the cost of their item. So the interest bend would be a level straight line corresponding to the X pivot, this demonstrates the interest is splendidly versatile. A cost increment will bring the amount requested to zero.  

B). The monopolists is just the single vendor in the market, so he can charge any value he needs, yet the amount requested will be relied on the value he charges. For instance in the event that he charges a significant expense the amount demanded will be very less and the other way around. So the monopolist is capable sell more at lower costs just, the descending inclining request bend shows the negative connection between the cost and the amount requested.  

C). In the ideal rivalry there is consummately flexible interest so the MR curve is likewise the interest curve of the firm. For the monopolist the MR curve lies underneath the interest curve, as the costs go bring down the MR decreases.

5 0
3 years ago
The company has a preponderance of our most popular items
inna [77]

When a company has a preponderance of our most popular items, it implies that the firm has more of that type of product/item than of any other.

<h3>What is  preponderance?</h3>

The word preponderance is said to be superiority in terms of weight, power, vitality, or strength.

It is said to be also when there is an excess of a product or an item in terms of number or quantity.

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5 0
2 years ago
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