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NEW QUESTION: 1
Tex Payor bought 1,500 shares of the Bonds4U Mutual Fund, a no load fund, on June 12th for $28 a share and sold the shares the following year on June 11th for $40 a share.
This will result in which of the following tax consequences for Tex?
A. Tex will have to pay tax on $18,000, taxed as ordinary income at his marginal tax rate.
B. Tex will have to pay tax on $40,000, taxed as ordinary income at his marginal tax rate.
C. Tex will have to pay tax on $40,000 of capital gain income, taxed at the preferential rate for long-term capital gains.
D. Tex will have to pay tax on $18,000 of capital gain income, taxed at the preferential rate for long-term capital gains.
Answer: A
Explanation:
Explanation/Reference:
Explanation: If Tex bought 1,500 shares of Bonds4U at $28 on June 12th and sold the shares on June
11th the following year for $40 a share, Tex will have to pay tax on $18,000, taxed as ordinary income at his marginal tax rate. He is taxed on his gain of $40 - $28 = $12 a share times 1,500 shares = $18,000. For tax purposes, his holding period begins the day after his purchase, or June 13th in this example, and ends the day on which sells the shares, or June 11th of the following year, in this case. Since this is less than 12 months, the gain on the sale is considered to be a short -term capital gain, which is taxed as ordinary income.

NEW QUESTION: 2
Given:
11.
public void testIfA() {
12.
if (testIfB("True")) {
13.
System.out.println("True");
14.
} else {
15.
System.out.println("Not true");
16.
}
17.
}
18.
public Boolean testIfB(String str) {
19.
return Boolean.valueOf(str);
20.
}
What is the result when method testIfA is invoked?
A. An exception is thrown at runtime.
B. Not true
C. True
D. Compilation fails because of an error at line 19.
E. Compilation fails because of an error at line 12.
Answer: C

NEW QUESTION: 3
What are two differences between blocking and non-blocking events? (Choose two.)
A. The return values from the vRealize Orchestrator workflow will be processed in blocking events and NOT in non-blocking events.
B. vRealize Orchestrator workflows run is sequence, per request in blocking events and parallel in non-blocking events.
C. If vRealize Orchestrator workflow fails, both blocking and non-blocking events will fail.
D. If vRealize Orchestrator workflow fails, blocking events will continue and non-blocking events will fail.
Answer: A,B