1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lys-0071 [83]
3 years ago
10

This year Barney purchased 680 shares of bell com stock for $11.00 per share. At year-end the bell shares were only worth $2.20

per share. What amount can Barney deduct as a loss this year?
Business
1 answer:
Damm [24]3 years ago
4 0
Purchased shares = 680 shares * $11.00 ($7,480)
Year-end shares worth = 680 shares * $2.20 ($1,496)
Loss of shares = $7,480 - $1,496 ($5,984)

OR

Loss in shares price= $11.00 - $2.20 ($8.80)
Loss of shares = 680 shares * $8.80 ($5,984)

Barney can deduct $5,984 as the amount of loss of this year.
You might be interested in
The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an
ladessa [460]

The tool that lists ages, names, education, capabilities, training, specialized skills, and other relevant information about an organization's employees is called a <u>Human resource inventory</u>.

Human Resource Inventory is also known as the skills inventory which comprehensively lists down the basic information on all the employees working in an organization or a company.

This inventory has information on education, skills, experience, age, salary-related data, job preference, and special achievements of employees.

The information contained in the human resource inventory should also be used by recruiters to consider the individual for other job openings that might come up in the future.

Hence, the human resource inventory contains information of working employees.

To learn more about the Human resource inventory here:

brainly.com/question/15854313

#SPJ4

6 0
2 years ago
A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter
grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

150,000*[1-(0.0525*120/360)] = 147,375

=(150,000/147,375) 365/120-1 = 5.52%

Therefore, the exporter's true effective annual financing cost is 5.52%

6 0
4 years ago
ABC Inc. hires you as its Ethics Officer, and the CEO of ABC Inc wants you to help ABC Inc become ESG compliant. She asks you to
ASHA 777 [7]

Answer:

The definition of the problem is listed throughout the section below on explanations.

Explanation:

ABC Inc employs ABC Inc as an internal auditor as well as CEO into becoming compliant with ESG. She requests you should consider 2 recommendations each for ABC Inc's ESG research on Climate, Economic, and Governance. Why your advice will ensure ABC Inc operates differently against Enron.

<u>Environment:</u>

  • Through its operational activities, ABC should incorporate renewable energy. Solar panels could be used for generating power in organizations where appropriate.
  • ABC will devote 5% of all its sales to research for environmentally friendly energy resources to significantly reduce its reliance on coal.

<u>Social:</u>

  • ABC could perhaps recognize the perspective including its investors and therefore should share the required info.
  • When the CEO is unaware of the corporation's misconduct as well as some informant points something out to herself, therefore that individual or organization must be tended to or respected.

<u>Governance:</u>

  • ABC ought to be more open concerning its activities. If it's the founder or the worker. Stockholders ought to learn what the internal operations of their business are.
  • Boards must be supervised closely and they should include separate, representative members. Their pay should not have been so strong that incongruity is prevented in conferences.

<u>As contrasted with Enron's. Enron did not follow up on such above compliance issues.</u>

  • We were vague when it came to disclosing their liabilities off the income statement. Shareholders were unfamiliar with the firm's operations.
  • Whistle-blower or anybody who referred out such a program flaw was embarrassed and disciplined.

ABC Inc may obey these guidelines above to have been consistent with ESG.

4 0
3 years ago
What is a good way to find a business idea that'll
sergiy2304 [10]

Answer:

Search the internet

Explanation:

3 0
3 years ago
A dishwasher uses 700 watts each time it is run. the cycle takes one hour. it is run 150 times per year. how much energy does it
sashaice [31]
<span>To first solve this problem, we have to set up ratios based on the data given. First, we know that the dishwasher use rate is 700 watts/run. Next, we know 1 hr/run. Finally, we know there are 150 runs/year. To calculate how much energy per year, we arrange the ratios to give a final answer of watts/year. Doing this we get the following: 150 runs/year * 700 watts/run = 105,000 watts/year which is also equal to 105 kw/year. The ration of 1 hour per run does not make a difference in this question and is not needed for the final answer.</span>
3 0
3 years ago
Other questions:
  • It becomes easier for businesses to borrow money when
    5·1 answer
  • Your aunt ruth has $500,000 invested at 6.5%, and she plans to retire. she wants to withdraw $40,000 at the beginning of each ye
    6·2 answers
  • Slot machine is to vending machine as _____ reinforcement is to _____ reinforcement.
    10·1 answer
  • Red Sun Rising just paid a dividend of $2.43 per share. The company said that it will increase the dividend by 15 percent and 10
    9·1 answer
  • Elena, who is Hispanic, was told by the personnel director that she did a great job at the interview but that he couldn't hire h
    6·1 answer
  • Why is representative money more useful than commodity money?
    14·2 answers
  • Zero Corp. suffered a loss having a material effect on its financial statements as a result of a customer’s bankruptcy that rend
    9·2 answers
  • Pension Plan Entries Yuri Co. operates a chain of gift shops. The company maintains a defined contribution pension plan for its
    11·1 answer
  • These are sets of opinions, thoughts, and feelings an audience member might have on a topic that are not necessarily deeply held
    7·1 answer
  • a large, family-owned dairy farm operating in the western part of virgina is preparing its annual tax return, and the cfo's obje
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!