Answer:
$1,100
Explanation:
The computation of the amount realized is shown below:
= Fair market value of exchanged for stock + cash in a transaction - selling expenses incurred
= $850 + $350 - $100
= $1,100
Basically we have added the cash and subtracted the sales expenses to the fair market value so that the correct amount of the realized amount will come in.
Answer:
Physical surroundings.
Explanation:
Ruth wants to buy special gift for her best friend's baby shower party. She has invited her sister to help her out with the selection in the shopping. Situational influence is described but there is no hint of physical surrounding. Author has not mentioned anything about the physical surrounding in the passage.
