Answer:
$8,000 ordinary loss and $3,000 short-term capital loss
Ordinary loss (Small business stock) ($8,000)
Long-term capital gain $5,000
- Long-term capital loss (Worthless securities)
(1,000)
Net long-term capital gain $4,000
- Short-term capital loss (Nonbusiness bad debt)
(9,000)
Net short-term capital loss ($5,000)
Short-term capital loss limited to ($3,000)
The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
<h3>What is Economic growth?</h3>
Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
Learn more on economic growth below
brainly.com/question/1690575
#SPJ1
Answer:
D) 13%
Explanation:
Calculation for the percentage that is closest to the rate of return of investments
First step is to find the balance amount of the share price using this formula
Share price =(End of the year Share price + End of the year dividend)-Start of the year Share price
Let plug in the formula
Share price =($29.00+$0.56)-$26.20
Share price =$29.56-$26.20
Share price =$3.36
Second step is to find the rate of return of investments
Using this formula
Rate of return of investments= Share price/Start of the year Share price
Rate of return of investments
Let plug in the formula
Rate of return of investments=$3.36/$26.20
Rate of return of investments=0.13*100
Rate of return of investments=13%
Therefore the percentage that is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this perio will be 13%
Answer:
The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
Explanation:
As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.
Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.
So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.
Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds
Answer and Explanation:
The computation is shown below:
a. The final amount she will have on deposit is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.05)^15 - 1} ÷ 0.05
= $11,000 × 21.57856359
= $237,364.20
b. The amount at 4% is
Future value = Present value × {(1 + interest rate)^number of years - 1} ÷ interest rate
= $11,000 × {(1 + 0.04)^15 - 1} ÷ 0.04
= $11,000 × 20.02358764
= $220,259.46
c. The losing amount in case when she used her brother-in-law's bank is
= $237,364.20 - $220,259.46
= $17,104.74
We simply applied the above formula
