A Taxable Entity Has the Following Capital Gains and Losses $\begin{array}{lr}\text { Short-term capital loss } & \$(22,000) \\\text { Long-term capital gain } & 15,000\end{array}$

question 100

Multiple Choice

A taxable entity has the following capital gains and losses in 2018:
?
$\begin{array}{lr}\text { Short-term capital loss } & \$(22,000) \\\text { Long-term capital gain } & 15,000\end{array}$

I.If the entity is an individual, a $\$ 3,000$ deduction is allowed in 2018 .
II. If the entity is a corporation, a $\$ 7,000$ deduction is allowed in 2018 .

• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

Analyze the impact of organizational culture on communication strategies and practices.

Develop strategies for effectively managing and utilizing organizational grapevines.

Grasp the importance of considering different contexts and effects when solving business communication problems.

Understand the significance and various dimensions of new media in contemporary communication.

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Definitions:

Freedom

The power or right to act, speak, or think as one wants without hindrance or restraint.

Affluence

The state of having a great deal of wealth or material goods; wealthiness.

American Families

Social units in the United States comprising individuals related by blood, marriage, or adoption, characterized by diverse structures and cultural practices.

Family Vacation

A holiday taken by family members together, typically for relaxation and recreation, away from the usual environment and responsibilities.