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professor190 [17]
3 years ago
13

All of the following are true about selling a listed security "short against the box" EXCEPT: (A) It may be done to arbitrage (B

) It may be done to lock in a profit. (C) It is done to postpone taxes to a future date. (D) It can be done to hedge a long stock position.
Business
1 answer:
Alla [95]3 years ago
4 0

Answer:

C. It is done to postpone taxes to a future date

Explanation:

Selling short against the box can no longer be done to defer tax to the next tax period

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3 years ago
What htcn certification level requires candidates have three years of experience in computing investigations for law enforcement
prohojiy [21]

The answer is "Certified Computer Forensic Technician, Basic".


Certified Computer Forensic Technician, Basic is Three (3) years experience specifically identified with the scientific procurement and examination of computerized gadgets including yet not restricted to hard drives, tablets or potentially phones while utilized by a law authorization office or enterprise.  

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4 0
2 years ago
On June 30, Nance Company receives a $5,000, 90-day, 4% note from a customer as payment on her account. How much interest will b
DedPeter [7]

Answer:

50$

Explanation:

5000 x 4% x 90/360 = 50$

5 0
2 years ago
The adjusted trial balance of Lopez Company shows the following data pertaining to sales at the end of its fiscal year, October
Oksana_A [137]

Answer:

A) Prepare the revenues section of the income statement.

                                     Lopez Company

         Income Statement for the year ended MM DD, YY

Sales Revenue                              $852,850

-Sales Returns and Allowances   $24,030

-Sales Discounts                          <u> $12,760 </u>

= Net Sales                                   <u>$816,060</u>

B) Prepare separate closing entries for

(1) sales

                                                          Dr.                 Cr.

Sales                                            $852,850

Income Summary                                               $852,850

(2) the contra accounts to sales.

                                                          Dr.                 Cr.

Income Summary                        $36,736

Sales Returns and Allowances                         $24,030

Sales Discount                                                   $12,706

6 0
3 years ago
Explain importance of office resources in points.​
xenn [34]

Answer:

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6 0
3 years ago
Read 2 more answers
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