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lions [1.4K]
3 years ago
11

On September 3, 2018, Able, a single individual, purchased § 1244 stock in Red Corporation from his friend Al for $60,000. On De

cember 31, 2018, the stock was worth $85,000. On August 15, 2019, Able was notified that the stock was worthless. How should Able report this item on his 2019 tax return?
Business
1 answer:
klio [65]3 years ago
8 0

He should ask them why it was worthless then after a while of thinking maybe have and idea on how to use it again

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You’ve just read the article about Macy’s and Nordstrom’s. Why do you think companies like Macy's have to move to an Omnichannel
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The companies like Macy have to move to an Omnichannel strategy for selling their products because in Omnichannel strategy, products are sold through several distribution channels.

<h3>What is a distribution channels?</h3>

Distribution channel serves as the means by which companies make their products to be available to final consumer.

This channels encompass retailers as well as wholesaler, and in In omni channel, all the distribution channels are linked to each other.

Learn more about distribution channel at;

brainly.com/question/25630633

4 0
2 years ago
The Fortunato Corp.'s inventory at Dec 31, 2018, was $325,000 based on a physical count priced at cost, and before any necessary
AleksandrR [38]

Answer:

$405,000

Explanation:

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3 years ago
An appraiser has just completed a search of the records for comparable residential properties that have sold within the last six
BigorU [14]
I believe the Appraier is using: <span>Direct Sales Comparison Approach (mostly used with residential properties.
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4 years ago
William is interested in exercising more, but does not feel he has the time. Write a short response explaining how he can find t
solong [7]
Exercising doesn't mean you have to spend hours in the gym. Exercises can be done at the comforts of your home too, and there's plenty of exercise available, especially for those who have less time to do so. Just like for example, waiting time. While you are waiting for your clothes in the washing machine to finish, you may use this time to do some basic exercises such as running in place, jumping jacks or carrying weights. 
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3 years ago
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Answer:

small......

EXPLANATION:

5 0
3 years ago
Read 2 more answers
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