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Author Question: A 1,000, 8 bond sells for 980. 1,000 is called the ________. A) current value B) market value ... (Read 51 times)

gonzo233

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on: Jul 11, 2018
A 1,000, 8 bond sells for 980. 1,000 is called the ________.
 
  A) current value
  B) market value
  C) par value
  D) auction value

Question 2

If an asset is depreciable and used in business, any loss on the sale of the asset is tax-deductible only against other capital gains income, not against ordinary income.
 
  Indicate whether the statement is true or false


wilsonbho

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


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gonzo233

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Reply #2 on: Jul 11, 2018
Thank you :)


wilsonbho

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Reply #3 on: Jul 11, 2018
Happy to help you


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