Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indicated by a minus sign.)
Description Date Purchased Basis Date Sold Amount Realized
Stock A 1/23/1995 $ 7,250 7/22/2019 $ 4,500
Stock B 4/10/2019 14,000 9/13/2019 17,500
Stock C 8/23/2017 10,750 10/12/2019 15,300
Stock D 5/19/2009 5,230 10/12/2019 12,400
Stock E 8/20/2019 7,300 11/14/2019 3,500
Required:
a. What is Grayson's net short-term capital gain or loss from these transactions?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

In which job role will you be creating e-papers, newsletters, and periodicals?

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