Mr. J, who has $15,000 of salary income, sold land that he had purchased for investment purposes 10 years ago to Ms. P for $5,000 cash and her assumption of an existing mortgage of $2,000 and delinquent back taxes of $1,500. Mr. J’s adjusted basis in the land was $10,000, and he paid $600 in selling costs. What is Mr. J’s deductible loss, assuming he had no other capital asset transactions?

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?