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NEW QUESTION: 1
Mr. Cashout recently sold some mutual fund shares that he owned. The sale resulted in long -term capital gain income of $6,000. He also sold some shares of a stock he had purchased during the year and realized a short-term capital gain on the sale of $2,000. The sale of another individual stock resulted in a short-term capital loss of $3,500. Mr. Cashout also had some bonds that he had bought at a premium mature, resulting in a long-term capital loss of $500.
What is Mr. Cashout's net capital gain or loss from these transactions?
A. a net short-term capital loss of $4,000
B. a net long-term capital gain of $4,000
C. a net long-term capital gain of $4,500
D. a net long-term capital gain of $8,000
Answer: B
Explanation:
Explanation/Reference:
Explanation: If Mr. Cashout sold mutual fund shares for a long-term capital gain of $6,000, had bonds that matured that resulted in a short-term capital loss of $500, and realized a short-term capital gain of $2,000 and a short-term capital loss of $3,500 on the sale of shares of individual stocks that he owned, he has a net long-term capital gain of $4,000. The long-term gains and losses are netted first: $6,000 - $500
$5500 long-term gain. Then the short-term gains and losses are netted: $2,000 - $3,500 = -$1,500. The short-term capital loss can be used to offset part of the long-term capital gain, resulting in a ($5500 -
$1,500 =) $4,000 long-term capital gain.

NEW QUESTION: 2

A. Option A
B. Option C
C. Option D
D. Option B
Answer: A

NEW QUESTION: 3
CloudFormationスタック内のリソースの1つを作成できない場合、デフォルトで何が起こりますか？
A. スタックの作成は続行され、最終結果はどのステップが失敗したかを示します。
B. CloudFormationテンプレートは事前に解析されているため、スタックの作成は成功します。
C. 前回作成したリソースは保持されますがスタックの作成は終了します。
D. 前回作成したリソースを削除してスタックの作成を終了します。
Answer: D