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NEW QUESTION: 1
Tex Payor purchased 1,000 shares of Stocks4U, a mutual fund with a 5% front-end load, on February
26th.The fund's net asset value on that date was $30.40 and its offer price was $32.Tex sold his shares on March 15th of the following year for $45 a share.
What were the tax consequences for Tex?
A. Tex must pay taxes on $45,000, which will be taxed at a preferential long -term capital gain rate under current tax law.
B. Tex must pay taxes on $14,600, which will be taxed at a preferential long-term capital gain rate under current tax law.
C. Tex must pay taxes on $14,600, which will be taxed as ordinary income at Tex's marginal tax rate.
D. Tex must pay taxes on $13,000, which will be taxed at a preferential long-term capital gain rate under current tax law.
Answer: D
Explanation:
Explanation/Reference:
Explanation: If Tex purchased 1,000 shares of Stocks4U at its offer price of $32 on February 26th, and sold his shares the following year on March15th for $45 a share, he must pay taxes on $13,000, which will be taxed at a preferential long-term capital gain rate under current tax law.
Tex's gain is calculated based on the price he paid for the shares, which included the front -end load, or
$32. Since he sold the shares for $45, his gain was $13 a share, or $13,000 for his 1,000 shares. His holding period began the day after his purchase, or February 27th, and ended on the day he sold his shares on March 15th. Since this is longer than twelve months, his gain will be taxed at a preferential long- term capital gain rate under current tax law.

NEW QUESTION: 2

A. Fast BSS Transition
B. Fast Adaptive Transition
C. Client Match
D. Fast Connect
Answer: A

NEW QUESTION: 3
From this list select the items that define what an X-Y Diagram is. (Note: There are 4 correct answers).
A. Updated whenever a parameter is changed
B. Created for every project
C. Based on team's collective opinions
D. Used to show each step in a process
E. A living document throughout project lifecycle
Answer: A,B,C,E

NEW QUESTION: 4
You design a solution for the web tier of WebApp1 as shown in the exhibit.

For each of the following statements, select Yes if the statement is true. Otherwise, select No.

Answer:
Explanation:

Explanation:
Box 1: Yes
Any new deployments to Azure must be redundant in case an Azure region fails.
Traffic Manager uses DNS to direct client requests to the most appropriate service endpoint based on a traffic-routing method and the health of the endpoints. An endpoint is any Internet-facing service hosted inside or outside of Azure. Traffic Manager provides a range of traffic-routing methods and endpoint monitoring options to suit different application needs and automatic failover models. Traffic Manager is resilient to failure, including the failure of an entire Azure region.
Box 2: Yes
Recent changes in Azure brought some significant changes in autoscaling options for Azure Web Apps (i.e. Azure App Service to be precise as scaling happens on App Service plan level and has effect on all Web Apps running in that App Service plan).
Box 3: No
Traffic Manager provides a range of traffic-routing methods and endpoint monitoring options to suit different application needs and automatic failover models. Traffic Manager is resilient to failure, including the failure of an entire Azure region.
Reference:
https://docs.microsoft.com/en-us/azure/traffic-manager/traffic-manager-overview
https://blogs.msdn.microsoft.com/hsirtl/2017/07/03/autoscaling-azure-web-apps/