In the current year, a taxpayer purchases 100 shares of x company stock for $3,000 and 100 shares of y company stock for $5,000. the taxpayer sells the 100 shares of x company stock for $4,500 in the current year. at the end of the year, the taxpayer still owns the y company stock which is now worth $7,000. what is the taxpayer's gross income for the current year?

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

Who must make the determination to cancel an invitation for bids after bid opening? a.contracting officerb.chief of the contracting officec.head of the contracting activityd.agency head

Royal lawncare company produces and sells two packaged products, weedban and greengrow. revenue and cost information relating to the products follow: