Answer:
b. Jiang recognizes a $2,000 LTCG is correct
Explanation:
The correct answer is b.Jiang recognizes a $2,000 LTCG is correct
In this year his stock basis before distribution = 3,000 + 12,000 = 15,000
After reducing it by the amount of distribution, stock basis reduces o $0.
And LTCG recognized = 17,000 - 15,000 = 2,000
Answer and Explanation:
The correct answer is option C
C. Net income is the same on the consolidated and unconsolidated financial statements.
Answer:
Extensive Problem Solving.
Explanation:
Robin is engaging in extensive problem solving by trying to get all the information she needs in order to make a choice on the best gift for her grandparent's 50th wedding anniversary.
Extensive problem solving: This can be defined as the process by which a buyer makes decision on the kind of product to purchase without having a prior knowledge or information about the product. It could be stressful and time consuming.
Extensive problem solving usually arise when buyers discovers there is a need that is new to them and the need requires a lots of effort to satisfy it. It involves getting information on the product to selecting the best brand. Robin is searching for a gift that will be accepted by both her grandmother and grandfather.
Debit: Your money that is actually yours.
Credit: The banks money that they give you kindove like a loan but not exactly.
Bank: Open to everyone but both have you keep
an account of money.
Credit Union: Only open to a certain group of people but both have u keep an account of money.