On september 3, 2018, able, a single individual, purchased § 1244 stock in red corporation from his friend al for $60,000. on december 31, 2018, the stock was worth $85,000. on august 15, 2019, able was notified that the stock was worthless. how should able report this item on his 2019 tax return? a.$60,000 ordinary loss. b.$85,000 ordinary loss. c.$50,000 ordinary loss and $35,000 capital loss. d.$85,000 capital loss. e. none of these choices are correct.

Which ranks these careers that employers are most likely to hire from the least to the greatest?

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?