Answer:
$5,000 realized, but not recognized loss
Explanation:
Based on the above information given we were told that two years earlier She purchased some shares for the amount of $15,000 in which in order for her to offset few of her gains she sells those 100 shares of Bear Corporation for the amount of $10,000 making her to REALIZED the amount of $5,000 ($15,000-$10,000) reason been that a loss will be realized instantly in a situation were an assets is sold out for a loss.
Therefore the tax consequences to Andrea this year will be the amount of $5,000 Realized, but not recognized loss.
Answer:
Yes, I was very impressed to see how average people have used the speaker's invention to create new ways of doing things.
The kids are highly imaginative and there was a boy who designed and constructed a dog piano which was very creative and very unusual.
Consuelo's signature would be on the lower right hand side of the cheque as that is the standard location for signing cheques and it shows that the cheque is authorized for payment to the designated recipient. The name of the signer should be the same as one of the printed names on the top of the cheque ie of the account holders.
Given that Lucky won $1000000 and has an option of receiving $50000 p.a for 30 years, the total amount received after 30 years in case he goes for option 2 will be:
amount=(yearly payment)+(number of years)
=(50000)×(30)
=$1,500,000
This implies that the second option is best choice. Given the information, we shall conclude that the best thing to do is to calculate the present value of the annuity payments.
The answer is D]
