Reference no: EM13153191
Sarah owns 100 shares of Drake,Inc. (adjusted basis of $50,000). On October 11, 2010, she sells the 100 shares for their fair market value of $45,000. On November 5, 2110, she purchases 125 shares of Drake stock for $57,000.
a) What is Sarah's realized and recognized gain or loss on the 100 shares sold on October 11,2010?
b) What is Sarah's adjusted basis for the 125 shares purchased on November 5,2010,
c) How would your answers in (a) and (b) change if Sarah purchased only 75 shares for $34,500 on November 5,2010?
d) How would your answers in (a) and (b) change if Sarah purchased 125 shares on November 15, 2010, instead of November 5, 2010? Which purchase date would you recommend?
|
Explain how each of the costs of expected inflation
: The costs of expected inflation cause productive resources of an economy to be directed away from their efficient allocation. Explain how each of the following costs of expected inflation distrot the allocation of productive resources:
|
|
Strategy of assigning treatments to experimental units
: The next 6 are assigned to treatment B. The last 6 are assigned to treatment C. Do you see any problem with this strategy of assigning treatments to experimental units?
|
|
What roles do plasmids play in biotechnology
: what roles do plasmids play in biotechnology?
|
|
What is the theoretical yield of product
: a 6.0-g sample of [Ni(H2O)6]Cl2 is dissolved in aqueous solution. If an excess of ethylenediamine (en) is added to the solution, solid [Ni(en)3]Cl2*2H2O forms. What is the theoretical yield of product from the reaction?
|
|
Realized and recognized gain or loss
: Sarah owns 100 shares of Drake,Inc. (adjusted basis of $50,000). On October 11, 2010, she sells the 100 shares for their fair market value of $45,000. On November 5, 2110, she purchases 125 shares of Drake stock for $57,000. a) What is Sarah's rea..
|
|
What is the texture and consistency of the dna
: What is the texture and consistency of the DNA that you extracted from the fresh fruit?
|
|
How far compounds are separated from each other on a plate
: On a TLC plate if two compounds have Rf values of .50 and .61, how far will they be separated from each other on a plate
|
|
Create confidence interval for mean bill of a customer
: Construct a 99% confidence interval for the mean bill of a customer. A) [31.355, 32.645] B) [29.747, 34.253] C) [29.421, 34.579] D) [29,740, 34.260] E) [28.570, 35.570].
|
|
How many nucleotides are necessary to encode
: How many nucleotides are necessary to encode.
|