Seamus Had $16,000 of Net Short-Term Capital Loss in 2016

question 29

Multiple Choice

Seamus had $16,000 of net short-term capital loss in 2016. In 2017, Seamus has $17,000 of long-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct?

• A) Seamus had a $13,000 short-term capital loss carryover to 2017.
• B) Seamus has an $9,000 2017 net long-term capital gain.
• C) Seamus has a $4,000 2017 net short-term capital loss.
• D) a. and c.e. None of the above.

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Definitions:

Organizational Culture

The group of collective beliefs, values, and norms guiding employees' thoughts, feelings, and actions in a company.

Disney University

A corporate training program by Disney, focusing on customer service, leadership, and company culture.

Formal Training

Structured educational programs designed to enhance the knowledge or skills of employees.

Cultural Value Statements

Declarations that communicate the core principles and ethical standards that guide the behavior, decisions, and actions of an organization or community.