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Masja [62]
3 years ago
10

During the current year, Tucker had the following personal casualty gains and losses (after deducting the $100 floor):

Business
1 answer:
Montano1993 [528]3 years ago
5 0

Answer:

$22,355 will be taxed as long term capital gains

Explanation:

First of all, casualty gains or losses result from events that are not business related, e.g. your house burnt down. Casualty gains occur when an insurance company or another third party pays for the damage that resulted from a casualty loss. If the reimbursement is larger than the asset's basis, an involuntary conversion gain results. Involuntary conversion gain or net casualty gains are taxed as long term capital gains if the holding period is more than 1 year.

Tucker's net casualty gains = ($15,780 + $32,875) - $26,300 = $22,355

Since capital gains taxes are lower than ordinary income taxes, Tucker will have to pay between either 0%, 15% or 20% as capital gains tax rate.

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Which of the following is not a reason for merger and acquisition failures? a) The acquired company assets are poorly integrated
iren [92.7K]

Answer: The  acquisition leads to value creation

     

Explanation: In simple words, value creating refers to the process under which the company enhances its working image in the eyes of various stake holders.

It is one of the primary objectives of any organisation. Creating value in the eyes of customers help to sell the products in market while value creation for stakeholders increases the stock price and helps in generation of capital.

Hence it is not a failure of mergers and acquisition.

3 0
3 years ago
Exchange rates are an effective way to analyze the price of one currency in terms of another currency with _____________________
nalin [4]

Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

<h3>What do you mean by exchange rate?</h3>

Exchange rates refer to the value of one's nation's currency over the currency of another nation.

An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.

Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.

Learn more about the exchange rate here:

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3 0
3 years ago
Eight months ago, Freda purchased 500 shares of stock on margin at a price per share of $35. The initial margin requirement on h
AVprozaik [17]

Answer:

the effective annual rate for Freda is 12.70%

Explanation:

<u>Freda investment</u>

500 shares x $ 35 each x 70% margin = 12,250

<u>Financing taken:</u>

500 shares x $ 35 each x 30% = 5,250

<u>Payment of the loan:</u>

principal x (1 + rate x time)

5,520 x ( 1 + (0.0475 + 0.02) x 8/12) = 5,483.67

<u>Holding return:</u>

\frac{return}{cost} -1

(500 shares x 37.5 - 5,483.67)/12,250   - 1   = 0.0830

Then we calcualte the annual equivalent rate to the holding return:

(1+ r_e)^{8/12} = 1.0830

r_e = 1.0830^{12/8} -1

effective rate = 12.70 percent

4 0
3 years ago
If the poverty threshold for a family of four with two children was $18,850 in 2004, which family would be counted as poverty-st
vova2212 [387]

If the poverty threshold for a family of four with two children was $18,850 in 2004, then a family earning a total household income of $354 per week would be counted as poverty-stricken because the family would only get $18,408 per year and that is less than $18,850.

5 0
3 years ago
when a new competitor threatened to compete with your team’s product line, you noticed that your teammates started working toget
ahrayia [7]

Group cohesiveness is the best performance factor that describes the above terminology.

Group cohesiveness is the ability of a team to work together in order to produce the desired objective.

When a team is threatened by a new competitor, it tends to focus more on work and also shows unity in reaching a goal.

A new competitor acts as an important contributor in unifying a team and pushing it to reach the desired objective. The team tries its best to work better than the competitor.

Although a part of your question is missing, you might be referring to this question:

Match each description with the corresponding group performance factor that best describes it.

When a new competitor threatened to compete with your team's product line, you noticed that your teammates started working together more effectively to counter this threat.

To learn more about cohesiveness, click here:

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7 0
1 year ago
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