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Anon25 [30]
2 years ago
3

Lisa loaned $6,000 to her brother several years ago. In the current year, she determines that the loan is uncollectible. Lisa al

so has a $4,000 long-term capital gain in the current year from a stock sale. How much of the $6,000 loan can Lisa use/deduct in the current year g
Business
1 answer:
VikaD [51]2 years ago
7 0

Answer:

$0

Explanation:

Data provided in the question

Loaned amount several years ago = $6,000

Long term capital gain = $4,000

Based on the above information

Lisa is not in the position to subtract the loss from the loan i.e. uncollectible as according to the Internal revenue service (IRS) it is mentioned that if the loan is given to a brother the same is treated as a gift

So, the amount would be $0

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Austrian Airlines was sued by a 51-year-old former director of sales who charged that he was dismissed and replaced by an employ
Angelina_Jolie [31]

Answer:

the correct answer is True

good luck ❤

7 0
2 years ago
In Porter's Five Forces model, conditions under which a supplier group can be powerful include all the following except:
kodGreya [7K]

Answer:

D) readily available substitute products.

Explanation:

Porters five explains the following

  1. Threat of new entry
  2. Bargaining power of suppliers
  3. Bargaining power of buyers
  4. Threat of substitution

A) lack of importance of the buyer to the supplier group.

True. Buyers have less bargaining power as compared to suppliers

B) high differentiation by the supplier.

True. Higher differentiation leads to competitive advantage and rivalry within the market.

C) dominance by a few suppliers.  

True. This falls under threat of new entry as the fewer suppliers create barriers such as capital requirement and licensing requirements to prevent new entrants

D) readily available substitute products.

False. This means there are more suppliers in the market that are ready to substitute a product thus making suppliers less powerful.

7 0
2 years ago
You are the manager in charge of setting the strategy for a new frozen yogurt company. Which of the following questions would be
AfilCa [17]

Answer:

B) How have consumer preferences in frozen yogurt flavors changed in the last five years

Explanation:

During the analysis phase of the AFI strategy framework we need to evaluate that how have consumer preferences in frozen yogurt flavors changed in the last five years. Since we know that AFI framework analysis we seek the planning analysis, formulating and implementation. Companies always go back to reassess their strategy based on changes in the environment.

7 0
2 years ago
To hedge future uncertainty, five sets of actions organizations can be taken. One of which is: Select one: a. collaborate b. inc
saveliy_v [14]

Answer:

The correct answer is letter "C": delay until further clarity emerges.

Explanation:

American Professor Alfred A. Marcus (born in 1950) in his book "<em>The Future of Technology Management and the Business</em>" (2015) explains hedging could be a strategy to protect companies in front of the rapidly changing environment they face because of the constant introduction to technology in the market. According to Marcus, there are five (5) hedging strategies firms could implement:

  1. Gamble on the most probable: <em>work on the product with the highest success rate. </em>
  2. Take the robust route: <em>invest in as many products as possible. </em>
  3. Delay until further clarity emerges: <em>waiting for a proper moment to react in front of market changes. </em>
  4. Commit with a fallback: <em>adapt according to the market. </em>
  5. Try to shape the future: <em>innovate.</em>
8 0
2 years ago
Which of the following statements concerning the cash budget is CORRECT? a. Depreciation expense is not explicitly included, but
Ostrovityanka [42]

Answer:

a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.

Explanation:

The cash budget is the budget that represents the receipts and payment of transactions held in cash

It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash

Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds

But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax

7 0
2 years ago
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