a. All gains and losses from Section 1231 assets are treated as capital gains and capital losses. b. Inventory is always a Section 1231 asset since it is used in a trade or business. c. All of the given answers are false. d. A depreciable asset cannot be a Section 1231 asset. e. If a taxpayer owns a copyright, it will be treated as a Section 1231 asset since it was created for the production of income.

The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?