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NEW QUESTION: 1
Tex Payor owns 500 shares of Amazon.com, Inc. that he bought seven years ago when the stock price
was $18 a share, at which time he paid a commission of $12.95 to purchase the stock. At the beginning of
this year, Amazon was selling for $89 a share. Today, December 31st, Amazon's stock closed at $152 a
share. Based on this information, what must Tex include on this year's tax return as taxable income from
his investment in Amazon?
A. the value of the stock on December 31st minus the price he paid for it, which includes the commission
he paid, divided by the 7 years he has owned the stock: $152 - ($18 + $12.95) x 500 shares = $60,525 / 7
= $8,646
B. the capital appreciation on the stock this year minus the commission he originally paid to purchase the
stock:($63 - $12.95) x 500 = $25,025
C. only the capital appreciation on the stock this year: $63 a share x 500 shares = $31,500
D. none of the above
Answer: D
Explanation:
None of the selections is the amount that Tex must include as taxable income on this year's
tax return from his investment in Amazon. Until Tex sells his shares of Amazon.com, he has earned only
unrealized capital gains, which are not subject to taxation. When Tex sells his shares, he will then have
realized capital gains and must pay tax on those gains.
NEW QUESTION: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are modeling data by using Microsoft Power BI. Part of the data model is a large Microsoft SQL Server table named Order that has more than 100 million records.
During the development process, you need to import a sample of the data from the Order table.
Solution: From Power Query Editor, you import the table and then add a filter step to the query.
Does this meet the goal?
A. No
B. Yes
Answer: B
NEW QUESTION: 3
Which two statements about using leased lines for your WAN infrastructure are true?
(Choose two.)
A. Leased lines provide inexpensive WAN access.
B. Leased lines support up to T1 link speeds.
C. Leased lines provide highly flexible bandwidth scaling.
D. Leased lines require little installation and maintenance expertise.
E. Leased lines with sufficient bandwidth can avoid latency between endpoints.
F. Multiple leased lines can share a router interface.
Answer: C,D
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