Simon Purchased 1,000 Shares of ABC Stock for $8,000 on April

question 25

Multiple Choice

Simon purchased 1,000 shares of ABC stock for $8,000 on April 4.On March 1 he had sold 1,500 shares of ABC stock for $9,000 that he had purchased three months earlier for $15,000.What is Simon's realized and recognized loss, respectively, on the March 1 stock sale?

• A)$6,000, $6000
• B)$6,000, 0
• C)$6,000, $4,000
• D)$4,000, $6,000

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Definitions:

Structuralism

A method of interpretation and analysis of aspects of human cognition, behavior, culture, and experience, focusing on relationships of contrast between elements in a conceptual system.

Functionalism

A psychological perspective that considers mental life and behavior in terms of active adaptation to the person's environment.

Gestalt Psychology

A theory of mind which emphasizes understanding the whole experience rather than its parts, focusing on patterns and contexts in perception.

Adjunct Instructor

A part-time instructor who teaches in colleges or universities, often without the benefits or security of full-time tenure-track positions.