a. Indicate the tax treatment for each item: Transaction Amount Tax Treatment Gain on the sale of a building held for investment (purchased five years ago) $3,800 Loss on the sale of a personal camper (purchased two years ago) (2,100) Loss on the sale of corporate stock (purchased three months ago as an investment) (800) Gain on the sale of a personal computer (purchased 11 months ago) 1,500 Overall, Frederick has of $fill in the blank 6 and of $fill in the blank 8. b. If Frederick is in the 32% bracket, what is the income tax regarding these transactions

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?

Wisconsin snowmobile corp. is considering a switch to level production. cost efficiencies would occur under level production, and after tax costs would decline by $36,000, but inventory would increase by $300,000. wisconsin snowmobile would have to finance the extra inventory at a cost of 13.5 percent. a. determine the extra cost or savings of switching over to level production. should the company go ahead and switch to level production? b how low would interest rates need to fall before level production would be feasible?