...C. CAPITAL GAINS AND LOSSES 1. The concept of ordinary assets. Ordinary assets are: 1) Stock in trade of the taxpayer or other properties of a kind which would properly be included in the inventory of the taxpayer 2) Property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business. 3) Property used in the trade or business and subject to depreciation 4) Real property used in trade or business 2. The concept of capital assets. Capital Assets include all property held by the taxpayer whether or not connected in trade or business but not including those enumerated above as ordinary assets. 3. The importance of knowing whether an asset is capital or ordinary. It is important to determine the correct classification of an asset on account of the preferential tax treatment given to gains or losses from sales or exchanges of capital assets which does not apply to the gains or losses from sales or exchanges of ordinary assets. 4. Capital gain * It is the gain derived from the sales or exchange of capital assets. 5. Capital loss * It is the loss incurred from the sale or exchange of capital assets. 6. Net Capital Gain * It is the excess of the gains from sales or exchanges of capital assets over the losses from such sales or exchanges. 7. Net Capital Loss * It is the excess of the losses from sales or exchanges of capital assets over the gains from such sales or exchanges. 8...
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...THE PRINCETON REVIEW CAT SAMPLE PAPER 1 INSTRUCTIONS – Please read these carefully before attempting the test 1. 2. This test is based on pattern of previous years’ CAT papers. There are three sections. Section 1- English & Reading Comprehension (50 questions) Section 2- Quantitative Ability & Data Interpretation (50 questions) Section 3- Data Interpretation & Data Sufficiency (50 questions) The total time allotted is 2 hours exactly. Please note your start time and end time on the answer sheet. Do not take more than 2 hours, or you will get a wrong assessment. Please fill all the details, as asked on top of the answer sheet. Please try to maximize your attempt overall, but you need to do well in all sections. There is 1 mark for every right answer and 0.25 negative mark for every wrong one. There is no sectional time limit. Since it is a time constrained test and you have 2 hours, and all questions carry equal marks, please do not get stuck on any question, move fast to try and do easier ones. Please do all scratch work on paper only, no extra sheets to be used. Put all your answers on the answer sheet. Relax. You are competing against yourself. 3. 4. 5. 6. 7. 8. 9. 10. The Princeton Review CAT sample paper 1 SECTION I Number of Questions: 50 DIRECTIONS for Questions 1 to 5: In each of the questions, four different ways of presenting an idea are given. Choose the one that conforms most closely to standard English usage. 1. A. We are forced to fall...
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...“And I can’t change, even if I tried, even if I wanted to…” Music can start revolutions. Through every decade and generation certain songs stick out that raise social awareness. The first song I remember as a child was “Paint it Black” by The Rolling Stones, when I hear this song I visually recall images of Vietnam, images from TV about the ugliness of war and fighting an invisible enemy. James Brown’s “I’m Black and I’m Proud,” brings forth images of the Civil Rights Movement and inner city youths in the 80’s used N.W.A.’s “[eff] tha Police” as their anthem to express frustrating oppression by those sworn to protect and serve. Music is our outlet, our voice, our push for change; sometimes it’s informative, sometimes it’s violent and obscene. Music is protected by freedom of speech; it can be politically incorrect, offensive but sometimes issues that need to be brought to light are done so through lyrics. “When I was in third grade I thought I was gay, ‘cause I could draw, my uncle was, and I kept my room straight,” Macklemore and Ryan Lewis tackled a hot topic with “Same Love” (Macklemore Lyrics "Same Love" with Ryan Lewis Featuring Mary Lambert). Homophobia is part of mainstream hip-hop and rap music. The song touches on stereotypes, politics, religion, and the social stigma of being gay. It was also the anthem for change in Washington State’s Referendum 74, legalization of same-sex marriage (Headlee). The first time I heard “Same Love” I was driving to work, it tells the...
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...is the mode for ships and marine crafts. Railway is the mode for trains. Air is the mode for the planes. And finally the pipeline is mode for pipe transportation. First : The Land Roads When building the roads there are certain requirements which should be considered and require special engineers who are specialized in this aspect in order to meet the local and the international requirements and standards which include the speed limits for cars and trucks, number of lanes, width of each lane, the degree of the steeps and the radius of the curves and many other things. Factors to be considered when planning for building a road : The highway roads and those which are designed for heavy lift trucks should pass out towns and cities in order to minimize traffic, noise and pollution inside the towns. When planning for a road or roads network it should be done to be capable of serving the future traffic considering the possibilities of the increasing population, number of cars and trucks and the expected increment in moving goods. Roads should be capable of reaching other places in the future especially those places which are expected to form new towns or production places. Main roads should connect between places of production and places of manufacturing, marine ports, air ports and dry ports. Roads should be provided by the necessary traffic signals and instruction. Advantages of the Roads 1- The roads are the...
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...concluded that in all societies the family performed 4 functions: * Sexual function which was allowed for the expression of sexuality in an approved context * Reproductive function which provided stability for the rearing children * Socialisation included the responsibility of teaching children the acceptable ways of behaving in society * Economic function meant that food, shelter, and financial security had to be provided for the family membersParsons(1951) argued that the family had only two basic functions which were: * The primary socialisation of children * The stabilisation of adult personalities | * It doesn’t address areas of conflict( dark side of the family) * Functionalist emphasise consensus and agreement and paint a positive picture of family does not seem to reflect many peoples experience of the modern world, where there are often clear winners and losers and many non- conformists. | Marxism | Marx (1818-1883) thought...
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...Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction This research project serves as culmination to the problem involving the restoration of the Basilica. It seeks to summarize, explain and synthesize several highlights of the topic in dialogue with the assigned texts and other readings; it will force additional research and reflections as an instrument for clarifying, defining and augmenting the author’s understanding of the major issues addressed by the proposal. The scope of the study embraces a solution that will lead the restoration of the Basilica to realities and treat the problems involving its reestablishment. Being a national heritage and considered to be one of the first Roman Catholic churches in the Philippines, it is our objective to restore a historical edifice and preserve its cultural legacy and customs. On October 15, 2013, a 7.2 magnitude earthquake shook Bohol at approximately 8:00 in the morning. It caused millions of worth of casualties, hundreds of families devastated, destroyed numerous properties and damaged many historical landmarks and churches, including the Basilica de Sto. Nino. The earthquake crushed most of the belfry and façade; walls and frescoes are cracked, leaving the church in verge of total wreckage. To prevent an entire loss, propositions involving the repair and rebuilding of the damaged areas are to be provided as well as redesigning of the structure’s stability will furnish its constancy to be able to withstand future disastrous...
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...Football refers to a number of sports that involve, to varying degrees, kicking a ball with the foot to score a goal. The most popular of these sports worldwide is association football, more commonly known as just "football" or "soccer". Unqualified, the word football applies to whichever form of football is the most popular in the regional context in which the word appears, including association football, as well as American football, Australian rules football, Canadian football, Gaelic football, rugby league, rugby union[1] and other related games. These variations of football are known as football codes. Various forms of football can be identified in history, often as popular peasant games. Contemporary codes of football can be traced back to the codification of these games at English public schools in the eighteenth and nineteenth century.[2][3] The influence and power of the British Empire allowed these rules of football to spread, including to areas of British influence outside of the directly controlled Empire,[4] though by the end of the nineteenth century, distinct regional codes were already developing: Gaelic Football, for example, deliberately incorporated the rules of local traditional football games in order to maintain their heritage.[5] In 1888, The Football League was founded in England, becoming the first of many professional football competitions. In the twentieth century, the various codes of football have become amongst the most popular team sports in the...
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...on Obesity King County The Oregon Territorial Legislature established King County of Washington State from a portion of Thurston County on December 22, 1852 after the Oregon Territorial Assembly (King County history quick facts, 2016). King County was first named after William Rufus King of Alabama, the vice president of Franklin Pierce; but in 2005, it was later renamed after Martin Luther King Jr. To the west of King County is Puget Sound, Cascade Mountains to the east, the Canadian border to the north and the Oregon border to the south. A magnificent 2126 square miles of land and 180.5 square miles of water surround it with natural beauty (King County, Washington, 2016). It consists of 20 school districts and 19 cities, including the largest city in Washington, Seattle. Community Assessment In 1860, King County’s population originated as 305 residents; its current population census is a remarkable 2 million, ranked the 14th most populated county in the United States (King County history quick facts, 2016). The number of households in the year 2015 was 850,932 and is estimated to increase to 906,000 in 2020. The diversified industries and populations consists of 64.8% Caucasian, 15.5% Asian, 8.9% Hispanic or Latino, 6.0% African American, and 0.7% American Indian or Alaskan Native (American FactFinder - Community Facts, 2016). In the 20th century, King County’s population growth was an industrial divergence contributed to the aerospace industry centered on the...
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...Halmstad University School of Business and Engineering Business Culture II VeniltonReinert Marketing And Communication Plan FALU RED PAINT Friday, 14. Dec. 2012 Wan Ting Huang Tatjana Weber Jonathan Tran Quentin Peulot Cyril Albert Matthieu Fernandez 1 Table des matières 1. Introduction (north country/ wood houses) ........................................................................ 3 1.1 Pestel analysis of Russia : ............................................................................................................ 5 1.2 Pestel analysis of Canada: ......................................................................................................... 12 2 Micro environment ............................................................................................................ 19 2.1 Brand ........................................................................................................................................ 19 2.2 Product ..................................................................................................................................... 20 2.3 Price ......................................................................................................................................... 21 2.4 Promotion .................
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...GEORGE WASHGON UNIVERISTY Tacheng Wind Power Plant Project Plan School of Engineering & Applied Science Team Member: Shiyue Jiang, Ruiyu Liu, Kufre Essiet, Juan Wang, Mengpei Jia Project Report Table of Content 1. General description of project activity ..................................................................................... 4 1.1 Title of the project ............................................................................................................. 4 1.2 Description of the project ................................................................................................... 4 1.3 Detail of physical location ................................................................................................. 5 2. Understanding of scope of work .............................................................................................. 6 2.1 Scope of work ................................................................................................................... 6 3. Technical Approach ................................................................................................................ 7 3.1 Basic Construction part ...................................................................................................... 7 3.2 Basic Construction for fan ................................................................................................. 9 3.3 Fan Installation .......................................................
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...India AHEAD Ten Things for India to Achieve its 2050 Potential (BRICS estimation) >India could be 40 times bigger by 2050. > India could be 40 times bigger by 2050 than its current capacity as estimated by brics. >To achieve this, India needs to implement many changes. India needs to improve its governance, control inflation, introduce Credible fiscal policy, liberalize financial markets and increase trade With its neighbors. >It also needs to significantly raise its basic educational standards, And increase the quality and quantity of its universities. >India needs to boost agricultural productivity, improve its infrastructure And environmental quality. >Delivery of all these would ensure strong, persistent, medium to long-term Growth, allowing India to reach its amazing potential. In this project, we outline ten crucial steps that we believe India must take in order to achieve its full potential. In our latest brics analysis, India scores below the Other three BRIC nations, and is currently ranked 110 out of a set of 181 Countries. If India were able to undertake the necessary reforms, it could raise its growth potential by as much as 2.8% per annum, placing it in a very strong position to deliver the impressive growth. We highlight the ten key areas where reform is needed. In a way these are the covered ones, we consider them to be the most crucial: 1. Improve governance. Without better governance, delivery systems and effective...
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...002-740 Final Fairing & Finishing Techniques for fairing surfaces with WEST SYSTEM® Brand epoxy and a guide to finish coatings Final Fairing The first part of this manual describes final fairing techniques as they apply to boatbuilding and boat repair. These techniques are also useful for many nonmarine applications such as auto body repair or building forms and molds. Also included are methods for applying fairing compound that can reduce trial and error, and help make the fairing process easier and faster. Finishing The second part of this manual discusses epoxy as a barrier coating and the wide variety of finish coating options available for ultraviolet protection and long term durability. Cost, compatibility, durability, ease of application and health hazards are variables to consider in the selection of a coating option for your project. Catalog No. 002-740 Final Fairing & Finishing Techniques for fairing surfaces with WEST SYSTEM® Brand epoxy and a guide to finish coating 5th Edition—June 2005 The techniques described in this manual are based on the handling characteristics and physical properties of WEST SYSTEM Epoxy products. Because physical properties of resin systems and epoxy brands vary, using the techniques in this publication with coatings or adhesives other than WEST SYSTEM is not recommended. Refer to the current WEST SYSTEM User Manual & Product Guide for complete product information, and safety and handling guidelines. The information presented herein...
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...endpapers of this book to calculate the average density of the Earth. Where does the value fit among those listed in Tables 1.5 and 14.1? Look up the density of a typical surface rock like granite in another source and compare also to it. 3. The standard kilogram is a platinum-iridium cylinder 39.0 mm in height and 39.0 mm in diameter. What is the density of the material? 4. A major motor company displays a die-cast model of its first automobile, made from 9.35 kg of iron. To celebrate its hundredth year in business, a worker will recast the model in gold from the original dies. What mass of gold is needed to make the new model? 5. What mass of a material with density [pic] is required to make a hollow spherical shell having inner radius r1 and outer radius r2? 6. Two spheres are cut from a certain uniform rock. One has radius 4.50 cm. The mass of the other is five times...
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...celebration of life itself. Yet, it can be life-threatening when | | |complications occur during or after birth. Thus, many hold the popular belief that a mother has an odds| | |of 50:50 against her life during delivery: she has a 50% chance of surviving and a 50% risk of not | | |making it. | | |Problems may arise during or after birth that can threaten the life of both mother and child. The worst| | |result of this is maternal mortality. Mortality statistics paint a bleak picture about maternal and | | |child health globally. Each year, more than 500,000 women worldwide die from complications related to | | |pregnancy. Yet, most of these deaths that tend to occur among low and middle-income countries are | | |preventable. Unfortunately, cost-effective health care that could save the lives of millions of mothers| | |is not always available to those who need it most (Yin, 2006). | | |Even developed countries are not spared from this situation. The maternal mortality...
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...Release Team[oR] 2001 [x] java Java 2: The Complete Reference by Patrick Naughton and Herbert Schildt Osborne/McGraw-Hill © 1999, 1108 pages ISBN: 0072119764 This thorough reference reads like a helpful friend. Includes servlets, Swing, and more. Table of Contents Back Cover Synopsis by Rebecca Rohan Java 2: The Complete Reference blends the expertise found in Java 1: The Complete Reference with Java 2 topics such as "servlets" and "Swing." As before, there's help with Java Beans and migrating from C++ to Java. A special chapter gives networking basics and breaks out networking-related classes. This book helps you master techniques by doing as well as reading. Projects include a multi-player word game with attention paid to network security. The book is updated where appropriate throughout, and the rhythm of text, code, tables, and illustrations is superb. It's a valuable resource for the developer who is elbow-deep in demanding projects. Table of Contents Java 2 Preface - 7 Part l The Java Language - The Complete Reference - 4 Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 hapter 10 - The Genesis of Java - 9 - An Overview of Java - 20 - Data Types, Variables, and Arrays - 36 - Operators - 57 - Control Statements - 75 - Introducing Classes - 94 - A Closer Look at Methods and Classes - 111 - Inheritance - 134 - Packages and Interfaces - 156 - Exception Handling - 174 Chapter 11 - Multithreaded Programming...
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