Purchased shares = 680 shares * $11.00 ($7,480)
Year-end shares worth = 680 shares * $2.20 ($1,496)
Loss of shares = $7,480 - $1,496 ($5,984)
OR
Loss in shares price= $11.00 - $2.20 ($8.80)
Loss of shares = 680 shares * $8.80 ($5,984)
Barney can deduct $5,984 as the amount of loss of this year.
Answer:
Courts place a narrow interpretation on the term property.
Explanation:
No authority can be held to be incapable of producing any verdict. Here this statement reflects that the court would not be able to understand the case and facts associated with it as the court can clearly understand all the facts.
That the jury is well versed with all the education and experience and the court in no manner can produce any narrow interpretation for the term of property as it will clearly reflect the misunderstanding of facts enclosed with the case.
Thus the above statement is false in this regard.
Answer:
warrrents are more desirable than convertible securities for creating new common stock.
Explanation:
The exercise of a warrant changes the capital structure of the company by reducing the degree of leverage by virtue of the issuance of new common shares without the debt experiencing any change. If a bond is converted, the decrease in the level of leverage would be even more pronounced, as common shares would be issued in exchange for a reduction in debt. In addition, the exercise of a warrant represents a new capital inflow; With convertible securities, new capital is captured when they are originally issued and not when they are converted. The entry of new contribution capital resulting from the exercise of a warrant does not occur until the company has achieved a certain degree of success, which is reflected in a higher price of its shares.
Hope this helps!
Answer:
The correct answer is B
Explanation:
Non-equity strategic alliance is the kind or type of the alliance which is established when two or more companies sign or agree a relationship which is contractual to the pool of their resources as well as capabilities together.
So, in this case, the automobile manufacturer, who decided to work on the low cost fuel, then the domestic automobile company which is grounded in China, willing to partner with the automobile manufacturer. It is an alliance which is non- equity strategy as they pool their capabilities and the resources.
Answer:
C. Apple launches a global network of driver-less cars, buses, and trucks on demand via mobile app.
Explanation:
The reason is that driver-less cars will have a large impact on the operations of Uber and Lyft because they can now finance these driverless cars easily in coming future which means a great number of driver employees will get unemployed. This driver-less car investments of the Apple in the project Titan will completely turn the tables for Loss making organization Uber. Thats the reason why people are still investing in this organization in the stock exchange because people think it will increase its value by greater value in coming future.