Answer:
Pandora
Box Fund shares qualifying for the long-term holding period:
Total shares qualifying = 1,010
This is made up of:
Initial shares bought on Nov. 9 = 1,000
Reinvested shares on Dec. 1 5
Reinvested shares on Jan. 1 5
The remaining 55 (1,065 - 1,010) shares qualify for short-term holding periods as they lasted less than one year.
Explanation:
A long-term holding period is one year or more with no expiration. This implies that investment, including dividends paid into the account, that has a holding of less than one year will be a short-term hold.
The holding period of an investment is used to determine the taxing of capital gains or losses.
Answer:
$2000 of canceled debt that Marvin must report on his return
Explanation:
Please see attachment
Answer:
articles
reports
books
brochures
Explanation:
A word is a processing software in which we can make the best use to prepare articles, reports, books or booklets, brochuers, etc. It is best for editing the documents
There are various features in a word through we can make these things as discussed above
For making the spreadsheet we use the excel and for making the presentations we use power point
Therefore these two would not come under the word processor
Hence, the first four options are correct
Answer:
The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>
Explanation:
The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.
