Kate Recognized a $25,700 Net Long-Term Capital Gain and a $33,000

question 3

Multiple Choice

Kate recognized a $25,700 net long-term capital gain and a $33,000 net short-term capital loss this year.What is her current net income tax cost or savings from her capital transactions if her marginal rate on ordinary income is 28%?

• A)$0
• B)$840 net tax savings
• C)$2,044 net tax savings
• D)$3,015 net tax cost

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Definitions:

Coordinating Mechanisms

Tools or methods used to integrate activities and efforts within an organization.

Span of Control

The number of subordinates a supervisor or manager can effectively manage, controlling the complexity and scalability of an organization.

Mechanistic Structure

An organizational structure characterized by rigid procedures, fixed duties, and a clear hierarchy of authority.

Decentralized

The distribution of administrative powers or functions across a wide range of authorities or locations rather than being concentrated in one.