Disposition of an asset-capital gain or capital loss
Question: What makes the disposition of an asset a "capital gain" or "capital loss" instead of an ordinary gain or loss? Why do you think the distinction was written into the tax code? Why the distinction between long and short term?
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Norton uses straight-line depreciation. Compute the revised annual depreciation for 2004.
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What makes the disposition of an asset a "capital gain" or "capital loss" instead of an ordinary gain or loss?
In general are attributes public and methods are private?
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Provide counterexamples to each of the following. Every odd number is prime.
Is there ever a reason to have a public attribute in a class?
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