subject
Business, 11.07.2019 11:30 kenyaa63

In the current year, a taxpayer purchases 100 shares of x company stock for $3,000 and 100 shares of y company stock for $5,000. the taxpayer sells the 100 shares of x company stock for $4,500 in the current year. at the end of the year, the taxpayer still owns the y company stock which is now worth $7,000. what is the taxpayer's gross income for the current year?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:50
Which result is a positive aspect of globalization?
Answers: 1
question
Business, 22.06.2019 22:20
Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative
Answers: 1
question
Business, 23.06.2019 02:30
Consider the following condensed financial statements of money freedom comma inc. the company's target rate of return is 30%: (click the icon to view the comparative balance sheet.) (click the icon to view the income statement.) requirements 1. calculate the company's roi. round all of your answers to four decimal places. 2. calculate the company's profit margin ratio. interpret your results. 3. calculate the company's asset turnover ratio. interpret your results. 4. use the expanded roi formula to confirm your results from requirement 1. interpret your results. 5. calculate the company's ri. interpret your results. requirement 1. calculate the company's roi. round all of your answers to four decimal places. begin by selecting the formula to calculate return on investment (roi), and then enter the amounts to calculate the company's roi. (round your calculations to four decimal places and enter your answer as a percent, x.xx%)
Answers: 1
question
Business, 23.06.2019 02:30
George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a:
Answers: 1
You know the right answer?
In the current year, a taxpayer purchases 100 shares of x company stock for $3,000 and 100 shares of...
Questions
question
History, 10.12.2019 21:31
Questions on the website: 13722362