It is given that Joseph purchased 100 shares of ABCD Growth Fund for a price of $10.00 per share with a total investment of $1,000. At the end of the year he sold his investment for $11.20 per share. Find the total capital gain.
To get the capital gain, compute the total price in which Joseph sold his investment.
$11.20 x 100 = $1,120
Subtract the answer to the total price bought by Joseph
$1,120 - $1,000 = $120
The total capital gain is $120
Answer:
A. maximum employment and stable prices
Explanation:
The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.
The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth. If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.
Answer: B. $5,000 inventory, $0 accounts receivable
Explanation:
Daniel's basis in JRD is $21,000
Inventory fair value is $16,000
$21,000 - $16,000 = $5,000
Accounts receivable inside basis is $0.
Inside basis is basically each partner's tax basis in the partnership.
Answer:
Implementation of the law Group of answer choices requires judgment because laws are often very vague.
Explanation:
Originally, The Executive arm of government is supposed to implement the law while the congress which is also called the legislative arm enacts them.
However, It is necessary for the judiciary to interpret the laws since the executive arm tends to abuse their privileges thereby failing to implement the law.
The law is vague and is often subject to interpretation. The judges constitute a neutral body that balances power in government by passing judgement on erring officials and the entire citizenry thereby making implementation of the law possible.
Answer:
Option A; AN INVASION OF PRIVACY.
Explanation:
Invasion of privacy is the unjustifiable intrusion into the personal life of another without consent. It is used to describe a circumstance where an individual or organization knowingly intrudes upon a person.
An invasion of privacy is considered to be a tort.
The four most common types of invasion of privacy torts are:
Appropriation of Name or Likeness
Intrusion Upon Seclusion
False Light
Public Disclosure of Private Facts
The display of the checks of customers is a public disclosure of private fact of the customers, therefore, it is AN INVASION OF PRIVACY.
