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Korvikt [17]
3 years ago
9

The capital gains (losses) netting process for taxpayers without 25 or 28 percent capital gains requires them to (1) net short-t

erm gains and losses, (2) net long-term gains and losses, and (3) net the outcome of steps (1) and (2) if they are of similar sign. Group startsTrue or FalseTrue, unselectedFalse, unselected
Business
1 answer:
elena55 [62]3 years ago
8 0

Answer:

False

Explanation:

Capital gains and losses netting will have no effect on tax payable. The individual impact on tax will be same as of netting the gains and losses. The net outcome of the tax will be remain un impacted.

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When should a thank-you letter be sent? a. 3 days after the interview b. 1 week after the interview c. 24 hours after the interv
Hitman42 [59]
Sending the thank-you letter should be done 24 hours after the interview. This is to make sure that the interviewer still has that sharp impression about you and this can also be done before the interviewer decides hiring you or not. Answer for this would be option C.
6 0
4 years ago
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A property is listed for sale at $235,000. A buyer's offer of $220,000 is rejected by the seller. Six months later, the seller r
AveGali [126]
Ok, so not too sure if this will answer you’re question, but let’s give it a go anyway. Approach this question with logic, though the original asking price was 235k it sold for 210k. Subsequently this would make the market value of the property 210k.

I believe the answer is A or $210,000
7 0
3 years ago
Quincy listed his assets and liabilities.
zheka24 [161]
Assets are items or properties that you own, and that are valuable to you. Liabilities are things that you have to pay for as a result of you using something. So, having that in mind, Quincy's liabilities are rent, student loan, and utilities, whereas his assets are cash, stocks, and jewelry.
He gets cash when he finishes his work, he gets money from stocks, and he has his jewelry that he either bought or got as a gift that he can sell for money.
3 0
4 years ago
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The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera
d1i1m1o1n [39]

Answer:

The City of Mayville

The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.

Explanation:

a) Data and Calculations:

Total fund balance in General Fund = $200,000

Inventory =     $28,000

Prepaid Rent     10,000

Encumbrances 60,000

Restricted fund = $42,000

b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.

5 0
3 years ago
In many European nations, the title to agricultural property is not known because there are no official records indicating who h
Montano1993 [528]

The cause of this lack of incentive to engage in economic activity is <u>the lack of legalized </u><u>property right</u><u>s</u>.

<h3>What are property rights?</h3>

Property rights establish the resources ownership and control. Generally, legalizing property rights recognize the the rights of:

  • Possession
  • Control
  • Exclusion
  • To derive income
  • Disposition.

Thus, having official records indicating agricultural property rights will encourage Europeans to engage in economic and agricultural activities.

Learn more about legalizing property rights at brainly.com/question/913138

7 0
2 years ago
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