In the current year, tim sells section 1245 property for $28,000 that he had purchased 6 years ago. tim has claimed $7,000 in depreciation on the property and originally purchased it for $20,000. how much of the gain is taxable as ordinary income?

Malcolm has several receipts from recent transactions that he entered in his records. the receipts include an atm receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00 when he finishes entering his transactions, malcolm realizes that his balance is incorrect. assuming that malcolm had no beginning balance, what should his correct balance be?

Abc company currently pays a dividend of $2.15 per share, d0=2.15. it is estimated that the company’s dividend will grow at a rate of 30 percent per year for the next 3 years, then the dividend will grow at a constant rate of 7 percent thereafter. the market rate of return is 9 percent. what would you estimate is the stock’s current price?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false