What is maria capital gain that she will report

Assignment Help Basic Statistics
Reference no: EM132039638

Maria had the following transactions this year:

Sold 100 shares of stock for $5,000; she purchased the shares 13 months ago for $3,000.

Sold some living room furniture for $600. Two years ago she purchased the furniture for $1,000.

Sold land which she inherited 5 years ago from her grandfather; her grandfather paid $500 for the land in 1950. At the time of her grandfather's death, the land was valued at $500,000. Maria sold the land for $600,500.

Sold some losing stock she purchased two years ago for $30,000; she sold the stock for $5,000.

What is Maria's capital gain that she will report on line 13 of her Form 1040?

A) $77,500

B) $577,000

C) $77,100

D) $577,500

Reference no: EM132039638

Questions Cloud

What is bart basis in building at the time of sale : What is Bart's basis in the building at the time of the sale?
Discuss way to reduce risk in the network : The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students.
Explain the vision and mission statements for venture : Which type of legal form of business ownership will you use: sole proprietorship, partnership, or corporation? Why?
Transaction before taking into consideration : Mimi purchased the set 5 years ago for $500,000. How much is the tax on this transaction before taking into consideration the 3.8% Medicare tax?
What is maria capital gain that she will report : What is Maria's capital gain that she will report on line 13 of her Form 1040?
Develop a network security policy for the environment : Considering the network environment, services, and solutions that are supported, develop a network security policy of 3-4 pages for the environment.
Confidence interval for the stock : Problem: What is the 95% confidence interval for the following stock? It has an E(R) of 18% and STD DEV of 23%
What can you do now to integrate the experiences : What can you do now to integrate the experiences and insights you had in this course with your personal and professional development goals?
What is the holding period return over the past year : Problem: What is the holding period return over the past year for Stock A given the following information.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Is there are differences in average output

Do you believe that there are differences in average output among the five plants? What is the approximate p-value? Explain.

  Understanding statistics-probabilities of observing events

Assume that company A makes 80% of all electrocardiograph machines, company B make 15% of them, and the company C makes the other 5%.

  The probability that a university graduate will be offered

the probability that a university graduate will be offered no jobs within a month of graduation is estimated to be 5.

  Define a new random variable p

Define a new Random Variable P'. What is p' estimating?

  Separate independent sample of people

A demographer, using a random sample of n = 500 people, obtained a 95 percent confidence interval for mean age at marriage (m) in years for US adults. The CI was (26.4, 27.3). Suppose another demographer obtained a separate independent sample of p..

  Confidence interval for one sample population mean

What are the minimum and maximum heights it should use as a basis for its design?

  Confidence interval for the average number

If the population standard deviation is 18.8 days, find the 90% confidence interval for the average number of days worked by all employees who are paid through payroll departments.

  Probability of cases being appealed and reversed

Prepare a report with your rankings of the judges. Also include an analysis of the likelihood of appeal and case reversal in the three courts. At a minimum, your report should include the probability of cases being appealed and reversed in the thre..

  Confidence interval for the average amount of an account

A random sample of 46 accounts yields x‾ = $16.50 and s = $2.20. Give a 95% confidence interval for the average amount of an account.

  Find confidence limits for estimate of mean diameter

Determine (a) the 90% confidence limits, and (b) the 97% confidence limits for an estimate of the mean diameter of all the rivets produced by the machine in a day.

  Create lp model to maximize the effective audience contact

At most, only 30 newspaper ads are possible. For every 106.7 radio ad, there must be at least two 103.1 Radio ads. Formulate the LP model to determine the number of ads in each outlet and maximize the effective audience contact.

  Develop the null and alternative hypothesis

a) Develop the null and alternative hypothesis. b) What is the p-value? c) At a = 0.05 what is your conclusion?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd