Explain the difference between an allowable capital loss and a net capital loss.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
An allowable capital loss is onehalf of the loss incurred on t...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
Question Posted:
Students also viewed these Business Law questions
-
Explain the difference between an LP and an LLP.
-
Explain the difference between an ordinary annuity and an annuity due.
-
Explain the difference between an operating lease and a capital lease.
-
Use a histogram to graph the cumulative frequencies. Use the following information to answer question. Suppose a class of high school seniors had the following distribution of SAT scores in English....
-
The math portion of the ACT test consists of 60 multiple-choice questions, each with five possible answers (a, b, c, d, e), one of which is correct. Assume that you guess the answers to the first...
-
a. When computing the price of the stock with the dividend discount model, how would the price of a stock be affected if the required rate of return is increased. Explain the logic of this...
-
A vapor bubble rises in a liquid. The relevant dimensional parameters are the liquid specific weight, \(\gamma_{\ell}\), the vapor specific weight, \(\gamma_{u}\), bubble velocity, \(V\), bubble...
-
1. Respond to the following question: Would X be someone whom you would consider as a viable potential candidate for the hospital administrator position, despite his limited technical expertise? 2....
-
The 2003 Convention on Genetic Engineering , which has been ratified by Australia, sets out uniform standards to be applied by scientists and other people involved in the field of genetic...
-
Victor Holt, the accounting manager of Sexton, Inc., gathered the following information for 2014. Some of it can be used to construct an income statement for 2014. Ignore items that do not appear on...
-
An individual resides in Manitoba and operates a business that has no profit from its Alberta operations. Is it possible for that person to have a tax liability in Alberta in a particular year?
-
Describe the tax treatment of net capital losses.
-
Below are ball-and-stick models of two molecules. In each case, indicate whether there must be, may be, or cannot be one or more lone pairs of electrons on the central atom. 120 (a) 180 (b)
-
A data mart is what? When should data marts be used in place of a single data warehouse?
-
Rogers Rattlesnake Ranch uses no preferred stock. Their capital structure uses 23% debt (hint: the rest is equity). Their marginal tax rate is 39.33%. Their before-tax cost of debt is 5.32%. Rogers...
-
If the clothing maker bought 500 m of this fabric, how much money did he lose? Use 1 tepiz = 0.625 dollar and 0.9144 m = 1 yard Express your answer in dollars using two significant figures.
-
Find and analyze a recent article (within the last three months) in the news that discusses an aspect of the mass media industry and how it's changing/adapting to today's world. 1. Summarize this...
-
Mr. Abu purchased 100 stocks of Futura Informatics Ltd. for $21 on March 15, sold for $35 on March 14 next year and the company paid a dividend of $2.50 per share. What is Mr. Abu holding period...
-
Find the gradient fields of the function. f(x, y, z) = (x + y + z)-1/2
-
A fuel pump sends gasoline from a car's fuel tank to the engine at a rate of 5.88 10-2 kg/s. The density of the gasoline is 735 kg/m3, and the radius of the fuel line is 3.18 10-3 m. What is the...
-
The IRS notifies Tom that it will audit his current year return for an interest deduction. The IRS audited Tom's return two years ago for a charitable contribution deduction. The IRS, however, did...
-
Distinguish between taxes that are proportional and those that are progressive.
-
Distinguish between taxes that are proportional and those that are progressive.
-
4. A stock provides a dividend yield of 5.0% paid semi- annually. The spot price of the stock is currently $500, and the risk-free rate is 7.5% with continuous compounding for all maturities. 1. What...
-
1. A 1000 bond issued on January 10, 2021 is paying coupons at a nominal interest rate of 7% payable semiannually. The bond is redeemed at par and matures on January 10, 2031. The nominal yield rate...
-
Ruzgar Inc., bonds were selling at $1,040 a year ago. A friend of yours invested into this bond and just received a $100 coupon payment. She sold the bond today for $1,200.If the inflation rate for...
Study smarter with the SolutionInn App