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Bill,age 40,is Married with Two Dependents

question 69

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Bill,age 40,is married with two dependents.Bill had the following items for the year 2012: Bill,age 40,is married with two dependents.Bill had the following items for the year 2012:   Based on the above information,what is the net operating loss for Bill and his spouse for the year 2012? A)  $0. B)  $5,000. C)  $7,000. D)  $12,000. E)  None of the above. Based on the above information,what is the net operating loss for Bill and his spouse for the year 2012?


Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a certificate or instrument.

Dividend Rate

The amount of dividend paid per share divided by the price per share, often expressed as a percentage, indicating the returns shareholders receive for each dollar invested in the company's stock.

Date of Record

The cutoff date set by a company to determine which shareholders are eligible to receive a dividend or participate in a corporate action.

Dividend Payable

Liability showing amount of cash dividend owed.

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