![asapmechee](/avatars/45678.jpg)
asapmechee
15.11.2019 •
Business
Pekoe sold stock to rose for $12,000, its fair market value. the stock cost pekoe $16,000 5 years ago. also, pekoe sold earl (an unrelated party) stock for $6,500 that cost $8,500 3 years ago. rose and pekoe are brother and sister. what is pekoe's recognized loss?
a. $6,500
b. $2,000
c. $1,000
d. $3,000
e. $4,000
Solved
Show answers
More tips
- F Food and Cooking How to Properly Collect Mushrooms? A Comprehensive Guide...
- C Computers and Internet 3D Glasses! What is this thing?...
- C Computers and Internet How to insert videos into LiveJournal?...
- C Computers and Internet How Much Does an iPhone Cost in America?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
Answers on questions: Business
- B Business The Department of Defense uses an area cost factor (ACF) to compensate for variations in construction costs in different parts of the country and world. If a cold storage warehouse...
- B Business Maria, a citizen and resident of Mexico, received the following investment income during 2018: $1,000 of dividend income from ownership of stock in a U.S. corporation, $2,000 interest...
- B Business ABC reports income tax expense of $800,000. Income tax payable at the beginning and end of the year are $50,000 and $70,000, respectively. What is the amount of cash paid for income...
- B Business If management can estimate the amount of loss that will occur due to litigation against the company, and the likelihood of the loss is reasonably possible, a contingent liability...
- B Business Assignment Directions: For this assignment you will need to interview, in person or via telephone, a local businessman or businesswoman. Find out as much information as possible...
- B Business Increasing the number of dependents/allowances you claim on your W4 will have what effect on how much tax is taken out of your paycheck....
- B Business Tim, a manager of a store, believes that his employee, james, is lazy and never comes to work on time. he reached this conclusion after having seen james walk in late on a day...
- M Mathematics Is b perpendicular to a? justify your answer....
- P Physics Atest charge is placed at a distance of 2.5 × 10-2 meters from a charge of 6.4 × 10-5 coulombs. what is the electric field at the test charge? (k = 9.0 × 109 newton·meter2/coulomb2)...
- B Biology Of natural selections three steps: overproduction, variation (genetic) and survival of the fit individuals. identify which one you think is the most important to a species’ survival;...
Ответ:
https://quizlet.com/143978815/acct-218-chapter-7-review-flash-cards/
Go look on quizlet ♀️
Ответ:
A. Ensuring that the needs of the nation are fulfilled
B. Paying for public works such as highways and museums
E. Paying for government programs that help citizens
Explanation: