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Hitman42 [59]
3 years ago
14

Angie incurred capital gains and losses during the current year. She has a $12,000 net short-term capital loss; a $5,000 long-te

rm capital gain in the 15% category; and a $15,000 long-term capital gain in the 28% category. How will these transactions be taxed after the gains and losses are combined?
A. $5,000 will be taxed at 15% and $12,000 will be taxed at 28%.
B. $2,000 will be taxed at 15% and $15,000 will be taxed at 28%.
C. $3,000 will be taxed at 28% and $5,000 will be taxed at 15%.
D. $8,000 will be taxed at 28%.
Business
1 answer:
bulgar [2K]3 years ago
7 0

Answer:

C) $3,000 will be taxed at 28% and $5,000 will be taxed at 15%.

Explanation:

Since Angie's capital total capital losses are less than her total capital gains, she can deduct them fully from her current taxes. Capital losses can deduct taxable income or any type of capital gain.

In this case, Angie can benefit by deducting capital losses from the capital gains that fall into the highest tax category = $15,000 - $12,000 = $3,000 capital gain in the 28% category.

The remaining capital gains aren't affected = $5,000 in the 15% category.

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finlep [7]

Answer: Financial institutions

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Thus, we can conclude that option A is correct.

8 0
4 years ago
According to economists, gift registries, returning gifts for cash refunds, and "recycling gifts" multiple choice increase the e
valentina_108 [34]

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3 years ago
Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
Dmitry_Shevchenko [17]

Answer:

The options for this question are the following:

a. reason for purchase

b. buyer mood or condition

c. social surroundings

d. time considerations

e. physical surroundings

The correct answer is c. social surroundings.

Explanation:

The social surroundings of a subject is formed by their living and working conditions, the studies they have completed, their level of income and the community of which they are a part. Each of these factors influences the health of the individual: therefore, globally, differences between the social environments of different countries create disparities in health.

In this way, life expectancy and disease rates vary according to the education the person has received, the type of work they do and the income they receive month by month.

Government agencies often develop various plans to improve the social environment (that is, to provide the right conditions for the full development of the subject). Among the objectives proposed by this type of initiative are the creation of jobs, the improvement of quality and safety in the workplace, the mass access to social benefits and the increase in financing to attend the poorest regions.

7 0
4 years ago
Will Co. is expected to pay a dividend of $2 per share at the end of year 1(Div1), and the dividends are expected to grow at a c
Lerok [7]

Answer:

Expected return or the cost of equity capital for the firm = 14%

Explanation:

V(0) = D1 / r - g

v = 20, D1 = 2, r = ?, g = 0.04

20 = 2 / (r - 0.04)

20r - 0.8 = 2

20r = 2 + 0.8

20r = 2.8

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r = 14%

Note: Application of constant growth dividend discount model was required to solve the question

8 0
3 years ago
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myrzilka [38]

Answer:

All of these.

Explanation:

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IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.

6 0
3 years ago
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