Ralph gives his daughter, Angela, stock (basis of $8,000; fair market value of $6,000). If Angela subsequently sells the stock for $10,000, what is her recognized gain or loss

$2000

Explanation:

From the question, we are informed that Ralph gives his daughter, Angela, stock (basis of $8,000; fair market value of $6,000) and that Angela subsequently sells the stock for $10,000.

The realized gain or loss will be calculated as:

Sale value of stock = $10,000

Basis of stock = $8000

Realized gain will then be:

= $10,000 - $8,000

= $2000

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.