Answer:
As in her worthless note,Sandy has a zero adjusted basis. Her bad debt deduction is Nil according to Section 166 (b).
Section 166(g)(1) states that her capital loss realized on the deemed sale of this stoke is also nil because of zero adjusted basis in her worthless stock.
According to Reg. Sec.1.1366-2(a)(5) if all of her stock is disposed by an S corporation shareholder and loss carryforward attributable to the Section 1366 (d) basis. Limitaitons are permanently disaalowed.
Hence, her $7,400 ordinary loss carryforward can never be deducted by Sandy.
Sandy has no 2012 tax consequences from worthlessness of her Lindlee investments
Based on the uses of a general journal, the best explanation of it is A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.
<h3>What is a general journal?</h3>
A general journal in a business allows for all the account balances to be recorded in one journal.
This means that it is a complete record of all the transactions that a business has been involved in which includes all the debits and credits associated with those transactions.
In conclusion, option D is correct.
Find out more on general journals at brainly.com/question/5374416.
Answer:
a. Producer surplus
b. Neither
c. Consumer surplus
Explanation:
The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.
a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.
b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.
c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.
Answer:
A. keeping salaries secret
Explanation:
Based on all of the information provided within the question it can be said that all of the answers provided can be included in Political Behavior except for keeping salaries secret. This is something everyone does and should do as it is personal information and does not part of political strategies as opposed to the other answers provided.
Answer:
c
Explanation:
Full employment is when available labour in an economy are efficiently used. When there is full employment, cyclical unemployment is zero. There would still be frictional unemployment.
Frictional unemployment is unemployment that exists between the time a person leaves their current unemployment and get another job.
