Last year, aleshia identified $26,200 as a nonbusiness bad debt. in that tax year before considering the tax implications of the nonbusiness bad debt, aleshia had $52,400 of taxable income, of which $5,240 consisted of short-term capital gains. this year, aleshia collected $6,288 of the amount she had previously identified as a bad debt. determine aleshia’s tax treatment of the $6,288 received in the current tax year. aleshia includes $ of the collection as .

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.