1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ollegr [7]
3 years ago
9

Zack received a gift of stock from his uncle on June 20 of the current year. Zack's uncle had a basis in the stock of $4,000, bu

t the fair market value of the stock on June 20 was only $1,500. Zack held the stock for three months and then sold it for $1,200. What basis in the stock will Zack use to determine his gain or loss on the sale of the stock?
Business
2 answers:
DiKsa [7]3 years ago
7 0

Answer:

$4,000

Explanation:

pshichka [43]3 years ago
7 0

Answer:

The answer is $1500

Explanation:

Since the FMV is lower than the original cost of the gift the dual basis would take place.

You might be interested in
The purpose of a restrictive monetary policy is to:a. reduce borrowing costs b. stimulate spending curb c. rising prices and ove
katovenus [111]

Answer:c. Curb rising prices and overexpansion

Explanation:

Restrictive monetary policy is enacted by the Central bank to reduce money supply, curb rising prices and overexpansion.

I hope my answer helps you

5 0
3 years ago
Individuals frequently purchase products thought to be used by a desired group in order to achieve actual or symbolic membership
artcher [175]

Answer:

aspiration reference group

Explanation:

Aspiration reference group -

It refers to as one of the bifurcation of the reference group , where the person whom a person looks forward to be associated , but does not belong , is referred to as the aspiration reference group .

A reference group is the one which the individual or any specific group want to get associated .

Hence , from the given information of the question ,

The correct answer is aspiration reference group .

5 0
3 years ago
One key to success in a career is to be an accomplished
vlabodo [156]

I think the answer is problem solver (but I’m not 100% sure)

3 0
3 years ago
Read 2 more answers
20. The shipment of goods or rendering of services to a foreign buyer, located in a
Mnenie [13.5K]
That is Importing. Option A.
7 0
2 years ago
Devon, an accounts manager at a large electronics firm, does not have any direct international responsibilities; however, Devon
Nonamiya [84]

Answer:

Develop International management skills

Resolve commercial challenges. ...

Explanation:

Devon would most likely benefit from studying international business issues because it will help him:

1. Develop Management Skills: Devon might grow to a management position in an international company without having the required skills and knowledge on how to manage a multi-cultural business environment.

2. Resolve Commercial Challenges: Although Devon does not have international responsibilities, he might be appointed into a team or would be much more valued in the company if he proffers solution to commercial challenges. The ability to do so will be gained with a study in international business.

5 0
3 years ago
Other questions:
  • a famous quarterback just signed a $18.0 million contract providing $3.6 million a year for 5 years. A less famous receiver sign
    12·1 answer
  • Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zen
    8·1 answer
  • What steps are recommended for creating a successful person budget?
    11·2 answers
  • A large manufacturing business has hired you as a fraud detection specialist. The first day on the job your boss tells you she h
    11·1 answer
  • Ivanhoe Company has a factory machine with a book value of $88,100 and a remaining useful life of 7 years. It can be sold for $3
    14·1 answer
  • Tara paid​ one-half of her​ game-show winnings to the government for taxes. She invested​ one-third of her winnings in​ Jeff''s
    12·1 answer
  • An unexpected increase in aggregate demand typically causes
    14·1 answer
  • IBM expects to pay a dividend of $6 next year and expects these dividends to grow at 4% a year for the foreseeable future. The p
    9·1 answer
  • In economics, what is the meaning of the phrase 'the tragedy of the commons?' Goods that are not rivalrous but are excludable ar
    9·1 answer
  • Which sector dominates developed economies such as the United States? In developed economies such as the United States, the sect
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!