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NEW QUESTION: 1
Yourclient has pricing strategies that cross many customers. However, their marketing department has lust negotiated a new discount for a customer,ABC Electronics.
How can they handle this without changing their piking strategy?
A. cannot be handled without changing the pricingstrategy
B. Pricing segments
C. Pricing Matrices
D. Tiered Pricing
E. Qualifiers
Answer: A

NEW QUESTION: 2

A. Option D
B. Option B
C. Option C
D. Option A
Answer: B

NEW QUESTION: 3
Hall, a divorced person and custodian of her 12-year old child, filed her 1990 federal income tax return as head of a household. She submitted the following information to the CPA who prepared her
1990 return:
* In 1990, Hall sold an antique that she bought in 1980 to display in her home. Hall paid $800 for the antique and sold it for $1,400, using the proceeds to pay a court ordered judgment.
The $600 gain that Hall realized on the sale of the antique should be treated as:
A. A nontaxable antiquities transaction.
B. Ordinary income.
C. An involuntary conversion.
D. Long-term capital gain.
Answer: D
Explanation:
Explanation
Choice "b" is correct. The gain should be treated as a long-term capital gain because the property was held for more than one year and was sold for more than it cost.
Choice "a" is incorrect. Because Hall was not in the business of selling antiques, the profit from the sale will be treated as a gain from the disposition of a capital asset, not ordinary income.
Choice "c" is incorrect. This transaction does not qualify as an involuntary conversion. In order to be treated as an involuntary conversion, the transaction must result from a condemnation of property or a destruction or loss from theft or casualty.
Choice "d" is incorrect. An obvious distracter.

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