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NEW QUESTION: 1
Which solution meets a customer's requirements for 100,000 IOPS, lowest latency, and maximum of 30 TB of raw capacity for an Oracle database?
A. IBM FlashSystem A9000
B. IBM FlashSystem 900
C. IBM FlashSystem V9000
D. IBM Storwize V7000F
Answer: B
Explanation:
Explanation
IBM FlashSystem 900 is designed to accelerate the applications that drive business - like those using an Oracle Database.
IBM FlashSystem 900 can scale usable capacity from as low as 2 TB to as much as 57 TB in a single system.
FlashSystem 900 delivers Tier 0 top application performance with up to 1.1 million 100% random read IOPS and 600,000 100% random write IOPS.
NEW QUESTION: 2
Smith, an individual calendar-year taxpayer, purchased 100 shares of Core Co. common stock for
$15,000 on December 15, 1992, and an additional 100 shares for $13,000 on December 30, 1992. On January 3, 1993, Smith sold the shares purchased on December 15, 1992, for $13,000. What amount of loss from the sale of Core's stock is deductible on Smith's 1992 and 1993 income tax returns?
A. Option D
B. Option B
C. Option C
D. Option A
Answer: D
Explanation:
Explanation
Choice "a" is correct. In 1992, no sale of stock occurred so there would be no loss. In 1993, there is a
$2,000 loss realized ($15,000 basis less $13,000 received), but it is not deductible because it is a wash sale. A wash sale occurs when a taxpayer sells stock at a loss and invests in substantially identical stock within 30 days before or after the sale. In this case, Smith reinvested in an additional
100 shares four days prior to selling 100 shares of the same stock at a loss. The $2,000 disallowed loss would, however, increase the basis of the new shares by $2,000.
Choice "b" is incorrect. The $2,000 loss realized in 1993 is disallowed under the wash sale rules.
Choice "c" is incorrect. In 1992, there is no loss since no shares were sold. In 1993, the $2,000 loss is disallowed under the wash sale rules.
Choice "d" is incorrect. In 1992, there is no possible loss since no shares were sold.
NEW QUESTION: 3
A. Option D
B. Option C
C. Option B
D. Option A
Answer: B,C
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