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emmainna [20.7K]
3 years ago
15

On July 20, 2017, Matt (who files a joint return) purchased 3,000 shares of Orange Corporation stock (the stock is § 1244 small

business stock) for $24,000. On November 10, 2017, Matt purchased an additional 1,000 shares of Orange Corporation stock from a friend for $150,000. On September 15, 2018, Matt sold the 4,000 shares of stock for $120,000. How should Matt treat the sale of the stock on his 2018 return?
Business
1 answer:
ivann1987 [24]3 years ago
5 0

Answer Choices:

a. $54,000 ordinary loss.

b. $100,000 ordinary loss; $46,000 net capital gain.

c. $100,000 ordinary loss; $20,000 STCL.

d. $130,000 ordinary loss; $66,000 LTCG.

e. None of the above.

Answer:

e. None of the above.

Explanation:

Matt has a $54,000 STCL ($120,000 - $66,000)

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C: 17.78-30 pounds

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Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
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.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

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6 0
1 year ago
You have just won the state lottery and have two choices for collecting your winnings. You can collect $109,000 today or receive
miskamm [114]

Answer: Im not doing the math but Option 2 is the better option

Explanation:

6 0
3 years ago
¿sí se vende mercancía en que tipo de cuenta debe registrar el IVA de dicha compra?
poizon [28]

Answer:

the answer is cost of buying or cost of production

la respuesta es el costo de compra o el costo de producción

Explanation:

i speak Spanish and business is pretty easy

8 0
3 years ago
A company begins a review of ordering policies for its continuous review system by checking the current policies for a sample of
Maru [420]

Answer:

Explanation:

Given that:

weekly demand = 72 units

no of weeks in 1 year = 48

Then; total demand = 72 × 48 = 3456 units

No of orders = \dfrac{\text{total demand }}{EOQ}

= \dfrac{\text{3456}}{145}

∴

The periodic review (P) = \dfrac{1}{no \ of \ orders}

= \dfrac{1}{\dfrac{3456}{145}}

= \dfrac{145}{3456}

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Z score based on 88 percent service level = NORMSINV(0.88) = 1.18

Here;

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Thus protection interval = ( 3+2) weeks

= 5 weeks

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std dev = \sqrt{5 } \times 18 = 2.236 × 18

std dev = 40.248 units

Safety stock = 1.18 × 40.248

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3 0
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