Kate recognized a $25,700 net long-term capital gain and a $33,000 net short-term capital loss this year. What is her current net income tax cost or savings from her capital transactions if her marginal rate on ordinary income is 32%?

A. $3,450 net tax cost
B. $0
C. $2,336 net tax savings
D. $960 net tax savings


Answer: D

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When Madison entered the crowded elevator, she continued to face the back of the elevator car and did not turn toward the door. People gave her some strange looks. Explain why this is a case of expectancy violation.

What will be an ideal response?

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In the future, self-leadership research will need to:

a. tap the unconscious processes of the mind b. continue the emphasis on physical behavior c. continue the emphasis on mental behavior d. continue the emphasis on physical and mental behavior

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The 80/20 principle:

A. refers to the fact that eighty salespeople require twenty sales managers to keep the appropriate 1-to-4 ratio of supervisors to employees. B. is a territorial management concept that favors a salesperson putting 80 percent of her time on action and 20 percent on planning. C. refers to the idea that 20 percent of a firm's customers account for 80 percent of a firm's profitability. D. indicates that no matter how hard a salesperson tries, 80 percent of the customer's potential business ends up going to competitors. E. is a territorial management concept that favors a salesperson putting 80 percent of his time on planning and 20 percent on action.

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Larson entered Forrester's Auto Mart to purchase a used car. Larson found a vehicle with a sales price of $11,000 . After Forrester answered all of Larson's questions, Forrester and Larson agreed to a sale. As Larson was leaving to get the money to pay for the car, Forrester told Larson that Robert Redford formerly owned the car. Larson later learned that Robert Redford had never owned the car

If Larson seeks to rescind the deal based on Forrester's statement, Larson will: a. win because he relied on the misrepresentation. b. win because there was a misrepresentation of a material fact. c. lose because he will not be able to prove reliance on the misrepresentation. d. lose because Forrester made a unilateral mistake.

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