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Question - Ahmed purchased 500 shares of Exxon Corporation common stock for $50,000 and 1,000 shares of Google Corporation stock for $250,000. On January 20, 2018, Ahmed received 100 shares of Exxon as a result of stock dividends. On June 20, Ahmed sold 200 shares of Exxon for $23,500. Ahmed also received 100 shares of Google Corporation stock as a result of stock dividend.
1) Compute the cost per share of both companies after receiving the stock dividends.
2) Compute the capital gains/loss that should be included in Ahmed's tax return for 2019.
1. ekman company issued 1400000 13-year bonds and agreed to make annual sinking fund deposits of 70700. the deposits
Though facebook made a strategic move by purchasing whatsapp messaging service in 2014, still there are analysts and a mass of people who believe.
Question - Find the present value of an investment in equipment if it is expected to provide annual savings of $26,000 for 10 years
on july 31 2012 bismarck company engaged duval tooling company to construct a special-purpose piece of factory
Horvath uses normal costing and applies overhead on the basis of direct labor hours. Calculate the predetermined overhead rate for Horvath
at the main street theater the cashier located in a box office at the entrance receives cash from customers and
If a 9% return on investment (rate of return) is desired, what is the minimum required annual savings in labor from this machine
pam owns a personal use boat that has a fair market value of 35000 and an adjusted basis of 45000. pams agi is 100000.
Canadian controlled private company. At the time the options were granted, the Company's shares had a fair market value
The City engaged in the following transactions related to its general fund during the current fiscal year. Prepare, in summary form, appropriate journal entries
Bonita purchased the bonds to yield 11%. How much did Bonita pay for the bonds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0)
The product sells for $12.00 a unit and the company desires to earn a $20,000 profit. What is volume of sales in units required to achieve target profit?
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