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-Dominant- [34]
3 years ago
14

Mr. Slake sold 1,580 shares of publicly traded DDL stock (tax basis $49,240) for $40,000 cash on February 13. He paid $43,000 ca

sh to purchase 1,600 DDL shares on March 2. Compute Mr. Slake's loss recognized on the February 13 sale and determine his tax basis in the 1,600 shares. Multiple Choice No loss recognized; $52,240 basis No loss recognized; $40,000 basis $9,240 loss recognized; $43,000 basis No loss recognized; $49,240 basis
Business
1 answer:
garik1379 [7]3 years ago
5 0

Answer:

$9,240 loss recognized

$43,000 basis

Explanation:

Tax basis of share purchase is the cost of share together with any tax related to this purchase.

Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share =  $49,240 - $40,000 = $9,240

His tax basis in purchase of 1,600 shares on Mar 2 is  $43,000, the total cost he paid to acquire 1,600 shares

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The Customer is asking for a forecast for when a specific Feature will be available. Where could Product Management find this in
IrinaK [193]

Incomplete question. Here are the missing options;

a. Program Backlog

b. Roadmap

c. Development Manager

d. System Architecture Designs

Answer:

<u>b. Roadmap</u>

Explanation:

<em>Remember</em>, a typical project/product roadmap details lists of features or feature milestones to be launched in the future.

Hence, by looking carefully looking at the product's roadmap, the product manager can find information about when the specific feature requested by the customer would become available.

6 0
3 years ago
John works as a quality analyst at a technological firm. He wanted to buy a mobile phone for his wife. Though he was abreast of
sleet_krkn [62]

Answer:

C.

Explanation:

In marketing, when we are analizing the market segmentation we can divide in 4 categories.

Global Citizens and Global Dreamers are both positive toward international brands.

Global Citizens are concerned with corporate responsibility toward local country while Global Dreamers are less concerned.

The global agnostics don’t base decisions on origin of brand.

And the Antiglobals are negative toward international brands. John was skeptical about the quality of the goods because of the origin of the brand.

8 0
3 years ago
For each of the following pairs of firms, explain which firm would be more likely to engage in advertising.
lions [1.4K]

Answer:

The correct answers are:

a) Family owned restaurant

b) A manufacturer of cars

c) A company that invented a very comfortable razor

Explanation:

First of all, the family who owned a restaurant will be the one that would most likely engaged in advertising due to the fact that they provide a service that has to be known for the people of the community around the place and all the tourists that go that area, meanwhile the other familiy would obviously just sell its products to the better buyer that they could find.

Secondly, the manufacturer of cars would be the one that most likely engaged in advertising due to the fact that they found themselfs in a very competitive and oligopoly market that is the car market and therefore that they highly need to stand out their making them better than the ones from the competitors.

Finally, the company who invented a very comfortable razor would be the one who engaged more in advertising due to the fact that they known they have a better product that the rest of the competitors so they need to take advantage of that and make sure that the consumers know about it and with that they would sell more and therefore invest more in advertising as well.

7 0
3 years ago
On January 1, Year 1, Abbott Company granted 92,000 stock options to certain executives. The options are exercisable no sooner t
Lilit [14]

Answer:

The amount of Compensation expense to Year 1 is $153,333.

Explanation:

Stock options granted                                       92000

X Fair value on date of grant                          5

Total compensation expense                       460000

Years                                                                    3    

Compensation expense per year 1                       53333

Therefore, The amount of Compensation expense to Year 1 is $153,333.

3 0
4 years ago
Clyde contracts with Deephole Excavation, Inc., to dig an agricultural pond on his farm. Deephole is to keep the excavated grave
anastassius [24]

Answer: Discharged

Explanation:

 Discharge contract is one of the type of concept that helps in making the various types of agreement between the two members or any two companies.

The discharged contract is basically discharged by using the various types of operation of laws and also b terminating the different types of obligations.

According to the given question, the Clyde contracts with the deep-hole excavation Inc., is one of the type of discharged contract for the process of digging an agriculture farm. Therefore, Discharged contract is the correct answer.  

8 0
3 years ago
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