Question

Mary sells to her father, robert, her shares in aa corp for $55,000. the shares cost mary $80,000. how much loss may mary claim from the sale?

Answer 1

Stock price of $ 80,000

The selling price of the stock is $ 55,000

Loss = stock price - selling price

Loss = $ 80,000 - $ 55,000

Loss = $ 25,000

So Mary suffered a loss of $ 25,000 from the sale of her shares.

Further explanation

Stock is a letter that shows the parts of ownership of a company. If you decide to buy shares, that means you buy a portion of ownership of a company, and automatically you are also entitled to benefit from the company.

Stock Profit

• Some of the benefits of this stock include:
• The capital gain which is the difference from the stock price which has increased both at the time of purchase and sale.
• Dividends are profit-sharing provided by the company, where these profits come from businesses run by the company.
• Bonus shares (if any) which are shares distributed by the company to shareholders taken from additional shares.

Stock Losses

• The risk of liquidation that can occur if the company is dissolved or has been declared bankrupt by the court, and the right to claim the shareholders is the last priority after all company obligations can be paid off.
• The capital loss which is the opposite of capital gains where the stock price has decreased both at the time of purchase and at the time of sale
• If it is decided in the General Meeting of Shareholders that dividends will not be distributed to shareholders, investors will automatically not get this dividend
• If the company is later removed from the stock exchange records, the shares will also be treated as such
• There is a possibility that shares will be suspended or terminated by the stock exchange authority due to the company being bankrupt by its creditors, the stock has experienced an extraordinary price increase or other conditions that have caused the stock exchange authority to temporarily stop trading.

Learn more

Share value brainly.com/question/13175251 , brainly.com/question/10353809

Details

Class: College

Subject: Bussines

Keyword: Stock supply

Answer 2

Mary bought the shares at $80000 Mary sold the shares at $55000 Hence the loss that can be claimed =80000-55000 =$25000 Hence Mary can claim @25000 as loss