Balance sheet on date of sale of M's interest Assets AB FMV Cash $3,000 $ 3,000 Collectibles 1,000 4,000 Intangibles (goodwill) 0 32,000 Unrealized receivables 0 21,000 Totals $4,000 $60,000 Capital-gain netting process Short-term: Short-term gain $ 0 Short-term loss
(3,000) Net short-term loss
$(3,000) ** Long-term: Collectibles gain $ 1,000 Residual capital loss (3,000) Net long-term loss $(2,000) ** M's tax consequences Total gain realized $5,000 Sec.
We recommended one of these, which meant a short-term loss
of distribution for us."
Sales volumes were down in food due to grain prices and the "short-term loss
of a major customer".
Villagers in Aldreth, near Ely, Cambs, have been experiencing short-term loss
of power for more than two weeks, said resident Ivor Kettlewell.
Tony Culhane must be feeling pretty miserable at the moment and I am sure he will be struggling to count the cost, in terms of short-term loss
of earnings and long-term damage to his career, of his horrendous error at Pontefract on Tuesday when easing True Courage and getting caught on the line.
The Huddersfield Town Centre Partnership appears to be ignoring the potential long-term gain of such events for the people they represent and only see a small short-term loss
It was always going to be short-term loss
for long-term gain.
Jake King will urge Gareth Hanmer to consider a short-term loss
for a long-term gain after putting the former Shrewsbury Town defender on his summer wanted list.
If the Government decides to change the betting-duty system in a way that will involve a short-term loss
of revenue, it may take an even harder look at the VAT scheme.
An Agriculture Ministry spokesman described it as "a foolproof precautionary measure" but warned: "It will involve a short-term loss
They are willing to make a short-term loss
to build a successful squad, knowing that this money is waiting around the corner for them.
A short-term loss
of power is a nuisance, but extended power outages can cause damage and may even be dangerous.