Answer:
$3500 he can take off his income as a capital loss this year.
Step-by-step explanation:
Capital loss:
1. It is the loss realized when any investment's value gets decreased.
2. quantitatively it is the difference of price at which the invest is bought and price at which the investment is sold.
3. The condition for capital loss is that , selling price of investment should be less that buying price of same investment.
_________________________________________
Given
No. of shares bought = 500
cost of 1 share = $10
cost of 500 share = 500 *$10 = $5000
Thus, buying price of invest = $5000
Now price of share drops to $3 per share
thus total price of share now = 500*$3 = $1500
Thus, he sold his investment at $1500
capital loss incurred by him = $5000 - $1500 = $3500 (Answer)
Answer:
first one
Step-by-step explanation:
Tracey bought 10 movies
some cost 13 and the others 16
Let x be the movies that cost 13 and y ones that cost 16
we can state that
since Tracey both ten
since the total price is 139
so the system is :
Answer:
D. is the answer if you are given that 40% are purple and 18% are green.
Step-by-step explanation:
So if you do this with replacement, it is just P(green)*P(purple). Here the probability of purple will not be change because we are putting the first bead back in the bag.
P(green)*P(purple)=.18*.4=0.072 or 7.2%
