In 2019, bertha jarow had a $28,000 loss from the sale of a personal residence. she also purchased from an individual inventor for $7,000 (and resold in two months for $18,000) a patent on a rubber bonding process. the patent had not yet been reduced to practice. bertha purchased the patent as an investment. in addition, she had the following capital gains and losses from stock transactions: long-term capital loss ($6,000)long-term capital loss carryover from 2018 (12,000)short-term capital gain 21,000 short-term capital loss. (7,000)a. what is bertha's net capital gain or loss? b. complete the letter to bertha, explaining the tax treatment of the sale of her personal residence. assume bertha's income from other sources puts her in the 24% bracket.

What is the difference between a public and a private corporation?

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

How success was the first day of the bus boycott