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maw [93]
3 years ago
14

Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indica

ted by a minus sign.) d. What amount of the gain, if any, is subject to the preferential rate for certain capital gains

Business
1 answer:
Anika [276]3 years ago
7 0

Answer:

$8,940

Explanation:

For computing the amount of the gain first we have to need to do the following calculations

a. Net short term gain or loss is shown in the attachment

b. Net long term gain or loss is shown in the attachment

c. Net capital gain arise from these transactions are as follows

= Short term capital gain or loss + Long term capital gain or loss

= -$240 + $9180

= $8,940

d.The whole net capital gain of $8,940 will be taxable at a preferential rate.

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Planners & Builders, Inc., enters into a contract with O’Reilly to refurbish a garage on his property as an auto repair shop
bazaltina [42]

Answer:

a. discharged.

Explanation:

Based on the scenario it can be said that after the court order, O’Reilly’s contract with Planners & Builders is officially discharged. In the context of the law, a discharged contract is a contract or agreement that has been terminated or made null. This can happen due to many reasons, such as fulfillment of a contract, inability to fulfill one parties duties, Bankruptcy, etc. In this case it was due to a court order.

5 0
3 years ago
What adjustments would need to be made in the Operating Section of the statement of cash flows prepared under the indirect metho
irinina [24]

Explanation:

You will have to compare the Accounts payable of the <em>current and previous year,</em> and check the diference.

If the current year Account Payable is higher then the previous year, this means Google didn't pay as much, so it "save" cash for that diference so the diference will be positive.

If the opposite ocours, then Google pay more than previous year, so the diference will be posted as negatinve in the cash flow statment.

Accrued Expenses for this account, when doing the comparrison, if current is higher this means Google didn't pay as much expenses as it should be, so it save cash, the diference will be posted as positive.

If the actual is smaller, then Google pay more and the diference is posted as negtive.

Resuming, compare current with previous for each account,

  • when current is higher then adjustment is positive (save cash)
  • when previous is higher then adjustment is negative(use cash)
5 0
3 years ago
More investments can increase economic growth by _____.
tatyana61 [14]
The answer to the question more invest can increase economic growth by "Creating Jobs". It is the letter "C".

It could not be A and C since when these two happens it means the country has an unhealthy economic growth.
6 0
3 years ago
Read 2 more answers
Elastic demand exists when:
arlik [135]

Answer:

B. a small percentage decrease in price produces a larger percentage increase in quantity demanded and total revenue increases. 

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is elastic if a small percentage decrease in price produces a larger percentage increase in quantity demanded . Total revenue would increase because the percentage increase in Quanitity demanded exceeds the percentage decrease in price.

If demand is elastic, a small percentage increase in price produces a larger percentage decrease in quantity demanded and total revenue increases.

Here, total revenue falls because percentage decrease in price exceeds the percentage increase in price. 

Demand is inelastic if a small percentage decrease in price produces a smaller percentage increasein quantity demanded.

Demand is perfectly inelastic if the quantity demanded remains the same regardless of level of price.

I hope my answer helps you

6 0
3 years ago
Cameron is an accountant in the accounting department of Data Analytics Company. Cameron's son's college tuition is due within a
Nady [450]

Answer:

Embezzlement

Explanation:

Based on the information provided within the question it seems that the biggest and most obvious crime that Cameron has committed Embezzlement.  This is when a company/employer places trust on an individual responsible for managing funds, and that individual steals or misappropriates those funds. Which is what Cameron has done by placing those funds in a fake bank account that he has access to in order to pay for his sons college tuition.

If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
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