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anzhelika [568]
3 years ago
11

A worthless security had a holding period of six months when it became worthless on December 10, 2020. The investor who had owne

d the security had a basis of $20,000 for it. Which of the following statements is correct?
a. The investor has a long-term capital loss of $20,000.
b. The investor has a short-term capital loss of $20,000.
c. The investor has a nondeductible loss of $20,000.
d. The investor has a short-term capital gain of $20,000.
Business
1 answer:
mariarad [96]3 years ago
6 0

Answer: B. The investor has a short-term capital loss of $20,000.

Explanation:

A short-term loss occurs when a deficit is realized when there's a sale of an asset which has been held by the person for a period of one year or less.

In this case, since the security was worthless, it's a loss and was also help for six months which is less than one year, then it's a short term capital loss.

Therefore, the correct option is B

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The Reading Co. has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 3 percent annua
kicyunya [14]

Answer:

$1.07

Explanation:

In this question ,we use the formula which is shown below:

A = P × (1 + r ÷ 100)^n

where,

P = Present value $0.90

A = Future value

rate =3%

number of years = 6

Now put these values to the above formula

So, the value would be equal to

= $0.90 × (1 + 3%)^6

= $0.90 × 1.03^6

= $0.90 + 1.194052

= $1.07

We considered all the items so that the correct dividend can come

7 0
3 years ago
A​ company's employee database includes each​ employee's compensation. ​a) is this variable discrete or​ continuous? ​b) what ar
il63 [147K]
<span>A​ company's employee database includes each​ employee's compensation. ​

Part a)

An employees compensation is a continuous variable because it can take fractional values.

Monetary values doest have to be an integer it also takes decimal values.



Part ​b)

The possible values it can take​ on are any value in the interval of compensations for the employee's level.</span>
4 0
3 years ago
The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal utility begins to diminish a
Sonja [21]

Answer:

third

Explanation:

The utility for consuming the first donut is 9 utils.

The utility for consuming the second donut is the difference from the total utility for the first two and just the first donut.

U_2 = 19-9 = 10\ utils

The utility for consuming the third donut is the difference from the total utility for the first three and just the first two donuts.

U_3 = 30-19 =11\ utils

The utility for consuming the fourth donut is the difference from the total utility for the first four and just the first three donuts.

U_4 = 38-30 =8\ utils

Since the utility for the 4th donut is less than the utility for the 3rd donut, utility begins to diminish after consuming the third donut.

6 0
3 years ago
Individual marketing across segments creates more total sales than any other type of marketing. ​
Flura [38]

Answer:

false

Explanation:

7 0
3 years ago
When developing marketing plans, what should a firm consider about their competition?.
nasty-shy [4]

When a company develops marketing plans, it must consider the weaknesses and reactions of competitors, so that it can identify the action necessary to maintain the company's competitive advantage.

<h3 /><h3>Marketing Plans</h3>

Corresponds to a document that details all the course of action of a company to achieve its marketing objectives, which are related to generating value for its products and services and positioning for the organization.

Therefore, the analysis of the external environment, such as the economy and competitors must be considered, so that the company can identify strategies to carry out the best decision making and maintain the flow of its activities as planned.

Find out more information about marketing plan here:

brainly.com/question/9027729

6 0
2 years ago
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