Determining recognized gain or loss

Assignment Help Accounting Basics
Reference no: EM13120695

On April 18, 2010, Jane Juniper purchased 30 shares of Bryan Corp. stock for $1210, and on September 29, 2010, she purchased 90 additional shares for $900. On November 28, 2010, she sold 48 shares, which could not be specifically identified, for $576 and on December 8, 2010, she sold another 25 shares of $188, What was her recognized gain or loss?

Reference no: EM13120695

Questions Cloud

How does discrete presentation differ from blending : Many public universities are quite similar to their private counterparts. Indeed, some large state universities receive less than 25 percent of their resources from the state. How, then, can you account for the substantial differences in their rep..
Find probability that response is in favor of death penalty : The probability that the responder is a woman is 0.57. Find the probability that the response is in favor of the death penalty given that the responder is female.
Phone plan-montly cost : The monthly cost of a long distance phone plan in dollars is a linear function of the total calling time in minutes. When graphed, the function gives a line with a slope of 0.11.
Communicates relating to family : Summarizes the messages the work communicates relating to family and social values Discusses the literary elements and structural devices used in the work  Discusses how the work signals that it is based in fact or history, not made up
Determining recognized gain or loss : On November 28, 2010, she sold 48 shares, which could not be specifically identified, for $576 and on December 8, 2010, she sold another 25 shares of $188, What was her recognized gain or loss?
Find pdf of time to wait for the first train to arrive : With your start time being random and uniformly distributed in this interval. What is the PDF of the time that you have to wait for the first train to arrive?
Illustrate what is the maximum reaction time of motorist : If the maximum acceleration the vehicle’s brakes are capable of is −6 m/s2, illustrate what is the maximum reaction time of the motorist that will allow her or him to avoid hitting the deer?
Find probabilities in real life : Can you think of situations in the business world or other real life situations where you would need to calculate or estimate probabilities?
Similarity classes : Find all similarity classes of 6x6 matrices over Q with minimal polynomial (x+2)^2(x-1) (it suffices to give all lists of invariant factors and write out some of their corresponding matrices).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd